Before you Insure Insurance Terms Explained What is a Schedule of Insurance? What is a Statement of Fact? What is a proposal form? What does non-disclosure mean? What are high value items? What are personal effects? What does limit of liability mean? What does joint policyholder mean? What is unfurnished defined as? What is an exclusion? What does risk mean? What is a peril? What is unoccupied defined as? What is Premium? What is Utmost Good Faith? What does reinstatement mean? What is an endorsement? What is proximate cause? What is Third Party Liability? How can I reduce my insurance premium? How can I get a discount on a policy? Can I use my No Claims Bonus on more than one policy? Do I get a discount for having no claims on my Home policy? Can I increase my excess to make my policy cheaper? Will an alarm system reduce my annual premium? Getting a Quote Is there a cooling-off period once I have bought my policy? What’s the difference between buildings insurance and contents insurance? How much should I insure my buildings for & what should be included? What should I include in my contents cover and how do I work out the value? Is there a legal requirement to have home insurance? Why would I need to take out a joint home insurance policy? Can I get an insurance quote for a property I am renting? Can I get an insurance quote for a property I let out (Landlord Insurance)? Can I get a quote for a second car ? Can I get a quote if my car doesn’t have an NCT? Can I purchase cover if I live outside Ireland? I got an error when buying online, am I covered? What is Life Insurance? Why do I need Life Insurance? How much life cover is enough insurance? What is Mortgage Protection? Who needs Mortgage Protection? Who would pay my mortgage if I died? Do I need to send you documents before purchasing a policy? Acceptance Criteria What type of vehicles does 123.ie cover? I have been declined a quote on your website. Why? My property is unoccupied. Can I get a quote? Do I have to get my buildings insurance through my mortgage provider? Do I have to declare if I live near water? Can I purchase cover if I live outside Ireland? I want to insure a previously written off vehicle? Do you cover motorbikes?