For many women a handbag is one of those items they can’t leave home without. It’s the accessory that gets carried around every day, but many owners don’t insure their handbags even though the contents could be valued at thousands of rands. 

If the actual handbag is a designer brand, it alone can be worth a small fortune, and that isn’t taking into account what is kept inside. From designer purses and money, to gadgets like cellphones and tablets, and other items such as perfume, sunglasses, make-up and jewellery. Then there are other less expensive but arguably more important objects including an ID, driver’s licence, keys and remote controls. The value of the items in a handbag can quickly add up, which is why it’s important to look at insurance in case the bag is damaged, lost or stolen. 

To get the right cover you first need to check your household insurance policy, as this will likely only protect you when you are at home, not once you have left your house. This insurance cover may also place a limit on the amount you’ll be paid out for individual items, which is why it’s important that you know the details of the policy. You do also have the option of applying for cover for specific items that have a high value. 

Of course you don’t want to think about something happening to your handbag, but in the event that it is lost or stolen, it’s usually a long, costly and stressful process to make a claim to replace the bag and its contents. As many women underestimate the value of their handbag, we recommend that you write a list of contents and that you know their approximate value. This will help you to check that your insurance is adequate and it will help you to claim quickly and correctly for missing items. 

For peace of mind, speak to your Indwe advisor today on 0860 13 13 14 about the appropriate cover for your handbag and other valuable possessions.