It is one kind of an add-on in the home insurance policy. It includes cover for all the portable items which one uses outside the house and overseas. The items included are handbags, mobile phones, tablets and the likes. It is also known as a risk add-on or risk extension. Insurance providers will charge extra payment for such a modified cover or the away from home cover. However, every portable thing will not be covered in this cover. You need to check with your home insurance provider about what is included under this add-on and what is not.