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As Papua New Guinea’s second largest urban centre, Lae is home to the country’s biggest cargo port as well as flourishing industrial centres supporting the surrounding regions of the Highlands, Momase and Southern.

From Chinatown and Eriku to Bugandi, Lae’s successful industrial development has resulted in significant residential growth recently. The flow-on effect has been higher quality schools, better transport and an increased standard of living – perfect for people of all walks of life.

If you live in Lae, have recently moved to the area or are thinking about making the shift, it’s vital to have the right level of home insurance. Take the guesswork out of this decision by allowing the team at Trans Pacific Assurance to help.

The importance of insuring your Lae home

Most residents across Lae would consider their home as their most valuable asset. This makes sense when you think about how much time you spend at home, raising your family and enjoying the company of family and friends. As such, it’s best to have home insurance that protects against the unexpected.

By ‘unexpected’, we mean events out of your control. This could be a natural disaster, burglary, fire or even a liability claim – something unforeseen that puts your most important asset at risk.

At Trans Pacific Assurance, we have an interest in keeping Lae families safe and secure in their homes. This is why we treat every client differently, taking into account their personal situation and living arrangements. As a result, every insurance policy is tailored and personalised – minimising the impact of any unexpected event.

DIFFERENT OPTIONS FOR INSURING YOUR HOME

With the right level of home insurance, you know that someone has your back and can respond quickly to the situation at hand. Here’s an overview of the four categories of our home insurance policies.

PROTECT YOUR BELONGINGS
PROTECT YOUR SAVINGS
PROTECT YOUR FAMILY
PROTECT YOUR PROPERTY
PROTECT YOUR BELONGINGS

Our belongings might be replaceable, but this doesn’t mean they aren’t worth anything. If you’re faced by an event where your belongings are damaged or lost, home insurance will ensure you can either replace or repair them. It’s all covered – from televisions and clothing to furniture and kitchen appliances

PROTECT YOUR SAVINGS

When something happens unexpectedly, Lae residents could be forced to dip into their savings to undertake costly repairs, relocations, rebuilds or replacements. This isn’t right, especially when it’s not your fault. With home insurance, your savings are preserved for more important things.

PROTECT YOUR FAMILY

From our oldest relatives to our youngest children, our families are special and worth everything to us. As such, when something unexpected happens, it can cause a lot of stress and worry to those closest – especially if the family home is damaged or destroyed and you have to find alternative accommodation. Home insurance is there to help your family through the toughest times.

PROTECT YOUR PROPERTY

Lae’s property prices continue to climb with many families taking advantage of the boom in recent times. However, with house values so high, you don’t want something to occur which impacts your property’s value. The right household insurance protects against deprecations and ensures your property’s value remains strong despite the circumstances.

REQUEST A QUOTE

If you live in Lae or will in the near future, Trans Pacific Assurance can provide a detailed quote for home insurance. Our specialist team will work with you, not against, to ensure everything is covered.

Lae is a city with a bright future and we are committed to its growth – no matter what obstacles you and your family face. For more information, reach out to our expert team today or request a quote here.