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Glossary


R

Full Replacement

If your house is damaged beyond repair, we’ll arrange to rebuild it as new, to the same size, with the same or similar materials and construction (or the nearest modern equivalent) – regardless of the cost.

Renewal

Because insurance generally covers a 12 month period, we’ll send you a notice with updated details (such as your Sum Insured, Agreed Value, excess and so on).  Paying your renewal premium means you’ve accepted this new agreement for the year.

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