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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 – 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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