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    What is covered by insurance

    Before you buy any policy, read what it does and does not pay for.

    By the Happy Wallets team·Updated June 2026·3 min read

    Where to look

    • The policy summary and key facts document.
    • Exclusions — what is specifically not covered.
    • Excess — what you pay towards a claim.
    • Limits — the most the policy will pay out.

    Frequently asked questions

    Why was my claim rejected?+
    Usually an exclusion or a missed disclosure. Reading the exclusions and answering questions accurately at the quote stage avoids most surprises.
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