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“Heave” - upward movement of land that can result from the expansion of the clay sub-soil after the removal of trees or other vegetation or from the natural movement of earth and rock
“High Net Worth Household Insurance” – household insurance for individuals with high value buildings and contents who have more complex needs e.g. the need to cover listed buildings, contents on a worldwide basis, fine art, antiques, gold, silver, expensive items of jewellery and possibly a second home
“High Net Worth Insurance” – insurance for individuals with high value homes, property and cars who require specialist insurance
“High Net Worth Motor Insurance” – specialist comprehensive motor insurance for individuals with high value vehicles and/or who wish to insure all the household’s vehicles on one policy
“High risk property” - typically ‘jewellery, precious stones or articles made of gold, silver or other precious metals, clocks, watches, photographic equipment (not for commercial use), binoculars, telescopes and the like, musical instruments, antiques, curios and works of art, stamps and coin collections’. They are items that are attractive to thieves.
“Home Emergency Assistance” cover – cover for home emergencies involving the roof, drains, plumbing, heating, electrics, vermin etc. - features 24 hour call out and an amount for call out charges, parts, materials and VAT - a separate benefit for overnight accommodation if needed is often included as part of the cover.
“House Rebuilding Cost Index” – a recognised index of changes in the cost of rebuilding houses produced by Building Cost & Information Service Ltd of the Royal Institute of Chartered Surveyors. It is used by insurers of buildings under household insurances as the basis of automatic increases in the sum insured on renewal where the policy concerned is subject to indexation.
“Household” - means all persons with whom the policyholder normally resides at home.
“Household Insurance” - insurance for the structure of a home and its contents, along with any optional covers included with the cover, such as personal possessions insurance or "add-ons" such as legal expenses cover or travel insurance.