What is Index Linking and should you have it?

Index Linking means that each year the insurance company will automatically increase the sums insured under your policy to reflect changes the country's rate of inflation.

This ensures that the insurance values on your policy remain up to date. (However, if the value of your contents has increased because you have acquired more belongings then you should inform the insurance company and they will update your policy accordingly.) When the insurance company applies the Index Linking adjustment each year, you should expect your monthly premium to increase proportionately.

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