Relax. Our home insurance plans have got you covered.

Property Damage

Standard home insurance policies cover a variety of situations such as fire, explosion, lightning, thunderbolt, smoke and flood, theft or attempted theft up to your coverage limits and minus any deductible.

General wear-and-tear is not covered by homeowners’ insurance. Damage from mold, rust, rot or pests on the property is also not covered.

Liability Protection

Our standard home insurance provides protection from claims arising out of injuries or property damage to others caused by you or members of your household, including your pets. It could also help with legal costs in the case of a lawsuit or for accidents to your domestic employees while within your home.

For example, a visitor slips in your kitchen and gets injured or your child accidentally throws a ball through a neighbor’s window and breaks the TV.

Alternative Accommodation

Alternative accommodation or loss of rent pays to temporarily rehome you and your family if your property is damaged by an event covered in your policy to such an extent that it’s unsafe to live in.

Personal Effects

Our home insurance extends cover for your personal items within the boundaries of your home. We’ll replace damaged items belonging to you and designed to be worn or carried by you or pay for them to be restored or repaired.

Damage due to wear and tear or malfunctions are not covered and while this benefit covers stolen items, it does not cover lost items.

Accidental Damage

While household accidents are common, that doesn’t mean they’re not a hassle. One way to keep stress levels down is to get things back to normal as quickly as possible.

Our benefit covers 10% of the sum insured on your building’s insurance for those clumsy or unexpected moments. Damage from wear and tear, faulty workmanship or waterside structures are not included.

Travel

You can be reimbursed up to $2,500 if you or any member of your household is travelling outside of the Cayman Islands for loss of baggage and personal belongings.

Additionally, you can be reimbursed up to $2,500 for loss of deposits paid for unused flights, accommodations and car hire cost due to cancellation or postponement.

(Review your policy for restrictions that may apply).

Parametric insurance cover

CINICO’s first-in-market Parametric Cover pays out pre-agreed amounts automatically to cover incidental expenses, without the need to submit a claim in the event of a hurricane of a Category 3 or above, which passes within a specified distance from the Cayman Islands.

Homeowners can receive a payment, typically within 14-21 days of the passage of a hurricane to help with expenses not normally covered by insurance, such as additional groceries, securing the premises, and cleanup expenses after the passage of the storm, whether the home is damaged or not.