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Make your home safe
Home Policy + is here - the new comprehensive and no deductible Multiple-Risk policy, at an unbeatable price!
Home Policy + covers 35 risks, designed to cover every peril in your house: from building to contents, plus home assistance, including animals even!
Enjoy your home in complete safety!
Learn about the advantages,
the services and the coverage! |
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Take advantage of the following benefits when taking out a Home + Contents Policy
- 10% off Contents Basic Coverage for 1st homes 1
- 20% off Contents Basic Coverage for 2nd homes 1
(1) Exclusive offer for clients holding a Millennium bcp Credit Card.
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Advantages |
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| Comprehensive: a basic policy covering 28 risks, assuring full protection, plus 7 optional risks
of your choice, if you choose to safeguard more specific needs.
No Deductible on Basic: basic policy with no deductible - Home Policy +
indemnity is paid out in full!
Unbeatable Price: EUR 4/ month*. And if you have protection measures you can even get discounts!
(*) 3,96 EUR per month for Building Cover (50,000 EUR reconstruction value).
Mortgage Loan: if you take out your Mortgage with us, you benefit from an extra 5% discount over basic coverage. |
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Sum Insured |
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Your Insured Sum is the amount that you are safeguarding through your Home Policy Plus. In order to find out the sum insured, for building or contents, keep the following in mind:
Sum Insured (Building):
- Must correspond to market cost of rebuilding, taking into account the type of construction and other factors that may alter that cost.
Sum Insured (Contents):
- Must correspond to actual cash value of replacing belongings as new.
- Contents are divided into ordinary and special, and the value of each must be ascertained.
The following belongings are considered special contents under the Home Policy +:
- Gold, silver, jewelry and other precious metal objects
- Coin collections and/or medals made of precious metal
- Video or photo cameras, projectors, and its accessories
- Pictures and art paintings, antique china and other antiques
- Collections of stamps, or numismatic (or other type) assets made of ordinary metal
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Basic Coverage |
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| The Basic Home Policy + covers the following risks for building, contents, or both, as you wish, with no deductible: |
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| Fire, Lightning Strike or Explosion |
Sum Insured |
| Storms |
Sum Insured |
| Floods |
Sum Insured |
| Water Damage caused by plumbing and devices connected to the distribution system |
Sum Insured |
| Inspection and malfunction Repairs |
2,5% sum insured, max. EUR 2,500 |
Not applicable |
| Demolition and Removal of rubble Landslide |
10% of sum insured |
| Landslide |
Sum Insured |
| Safekeeping of Contents |
Not applicable |
5% sum insured, max. EUR 750 per month |
| Theft or Larceny |
Sum Insured |
| Strikes, Tumult and Public Order Disturbances |
Sum Insured |
| Aircraft Crash and Crossing Sound Barrier |
Sum Insured |
| Collision or Impact of Land and/or Animal-driven Vehicles |
Sum Insured |
| Cooling Systems Oil spill |
Sum Insured |
| Breakage of Glass, Fixed Mirrors, Marble and Ceramic Toilet Fixtures |
2% of Sum Insured, maximum of EUR 500 |
| Breakage or Falling of outdoor TV or Radio Antennae |
1% of Sum Insured, maximum of EUR 1.000 |
| Breakage or Falling of Solar Panels |
1% of Sum Insured, maximum of EUR 10.000 |
| Privation of Home and Lodging |
Not applicable |
5% sum insured, max. EUR 750 per month |
| Temporary Move |
Not applicable |
5% sum insured, max. EUR 750 per month |
| Civil Liability as homeowner |
EUR 250.000 |
Not applicable |
| Non-contractual civil liability as legitimate occupant of the property |
Not applicable |
EUR 250.000 |
| Legal costs arising from owner or occupant civil liability |
Costs: EUR 2.500 / Fees: EUR 1.500 |
| Personal Home Risk - Death or Permanent Disability |
Not applicable |
25% contents sum, max EUR 7.500 |
| Personal Home Risk - Medical Expenses |
Not applicable |
2,5% contents sum, max EUR 1.250 |
| Personal Home Risk - Funeral Grant |
Not applicable |
5% contents sum, max EUR 1.250 |
| Home assistance |
Not applicable |
Several (see prospectus) |
| Aesthetic damage |
Declared value for this coverage, Max EUR 2.500 |
Not applicable |
| Malicious Acts of Vandalism |
Sum Insured |
| Damage to Landlord's Personal Property |
Not applicable |
Declared value for this coverage, max EUR 7.500 |
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Additional Coverages |
The flexibility of our Home Policy + allows you to make your home completely safe. You can shape your Multiple-Risk insurance policy to suit your specific needs.
You have the following Additional Coverage to choose from:
| (**)Requires Object - Building Coverage. |
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Indemnity and Deductible Limits |
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Indemnity Limit: maximum amount insurer will cover in case of claim. It is stipulated by annuity for each Cover.
Deductible: after the amount of compensation has been determined, it is the amount the insured, and not the insurer, must pay.
Our Home Policy + features practically no deductible:
- the 28 covers of our basic policy require no deductible;
- only 2 out of the 7 optional covers require a deductible.
Thus, after Home Policy +
indemnity has been determined, there will be no deductions on your Basic Coverage. |
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Exclusions |
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| For each coverage there may be situations which are not covered by our Home Policy +. For more information read Home Policy General Terms ** |
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Price List |
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Unbeatable Price: EUR 4/ month*. And if you have protection measures you can even get discounts!
(*) 3,96 EUR per month for Building Cover (50,000 EUR reconstruction value).
If you take out your Mortgage Loan with us you will also benefit from a 5% Basic Coverage discount.
You can also get additional discounts if you take the following protection and/or security steps:
| Alarm system connected to security company |
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| Deadbolt lock + Alarm system, connected to security company or not |
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| Reinforced door + Alarm system, connected to security company or not |
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| Fire Extinguishers |
| Automatic Fire Detection System (AFDS) |
To learn how much you can save by implementing security and/or protection measures, please dial 707 50 24 24 or visit your local Millennium bcp Branch**.
Important:
The following conditions will or might change the amount of premium payable:
- Home uninhabited for over 60 days running
- 2nd home
- Markedly frail construction (wooden house)
- Special objects to insure account for over 40% of total Contents value
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How to take out a policy |
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You can get all the information you need to take the Home Policy Plus at your Millennium bcp branch**, or by calling our Contact Center**.
(**) Transactions/information in Portuguese will soon be available in English. |
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