Hedgelands Financial ServicesHedgelands Financial Services
   Insurance
insurance Newton Abbot

Buildings Insurance


A policy that covers the cost of repairing a house or other building, if it is damaged by certain events.  <back>

Comprehensive Insurance

A policy covering a number of types of loss or damage. The term is used mainly in motor insurance.  <back>

Contents Policy

A policy that covers the cost of replacing possessions lost, stolen or damaged.  <back>

Indemnity

The principle by which policyholders are put in the same financial position after a loss as they were immediately before it.  <back>

Motor Insurance

Covers any legal liabilities that arise from the use of a motor vehicle. If it is a comprehensive policy, damage to the vehicle is also covered.  <back>

New-For-Old

A policy which replaces items that are lost or destroyed with a brand new one disregarding the effects of wear and tear.  <back>

Premium

The amount the policyholder pays for the insurance.  <back>

Sum Insured

In house insurance it is the amount for which property is insured, and the maximum amount which the insurance company will pay for any claim.  <back>

Third Party, Fire and Theft Cover

Motor insurance that covers liability for injuries to other people (including passengers) and other people's property caused by the insured.  <back>

Third Party Cover

As above but without cover for fire and theft.  <back>

Travel Insurance

A policy covering certain risks connected with travel, such as unavoidable cancellation, personal accident, medical treatment abroad and lost or stolen luggage. <back>

The Financial Services Authority does not regulate general insurance advice, although it does regulate the financial soundness of insurance companies.


Hedgelands Financial Services Ltd, Hedgelands, Abbotskerswell, Newton Abbot, TQ12 5PW

insurance Newton Abbot

Phone our General Insurance Hotline on
0845 165 1281


insurance Newton Abbot

insurance Newton Abbot

insurance Newton Abbot

insurance Newton Abbot
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