How much should I insure for?
The amount of cover afforded by an insurance policy is known as the Sum Insured. In the event of a claim, this is the Maximum limit that the insurer will pay under each section of the policy. In some sections you can choose the level of cover that you wish to have, in others there will be a Policy limit imposed by the insurer. In all cases it is vital that the sum insured is adequate as this represents the maximum amount that will be paid out in the event of a claim.