Renters’ liability insurance provides protection to tenants by covering various types of damages and liabilities that may arise during their tenancy. However, when it comes to infringement lawsuits, the coverage can be complex and often depends on the specific policy and circumstances involved. In this article, we will explore the scope of renters liability insurance […]
Home Insurance
How to Claim Home Insurance for Water Damage?
As a homeowner, it is essential to know what kind of perils your home insurance policy covers and how to file a claim if damage or loss occurs. Water-related damage is quite common in apartment buildings that share pipes. Will home insurance cover water damage? establishing which standard home insurance coverage applies for water damage […]
Housing Society Fire Insurance Policy and Perils covered under it?
The India Risk Survey (IRS) states that fire outbreaks are the third biggest risk to business continuity and operations. The survey attributes the increased fire risk to safety regulation non-compliance and inadequate fire services. This increase in risk follows closely behind information and cyber insecurity and natural disasters. Every housing society and business should have […]
What are the different types of houses? – Insurance for homeowners
Home insurance is a form of property insurance that covers damages caused to different types of houses or possessions in the home and can be opted for by house owners. There are two types of home insurance policies that are mainly opted for by owners: Building Policy Package Policy Building Policy As is evident by […]
What are the different types of accidents that can be covered by Home Insurance?
The policy covers both natural and man-made disasters. Here are some of the accidents covered under a home insurance policy: Additional covers A home insurance policy comes with some great add-on covers. Here are some of them: You can buy the policy: Indeed, your home is one of your valuable possessions. Go ahead and buy […]
Do you have a ‘partner in tragedy’ for your home?
It is a blessing to have a partner with whom you can share your joys and sorrows. This is indeed significant when you have a home of your own. A house provides you with a sense of security. However, it comes with the responsibility to take care of the property’s maintenance and repairs. Most people […]
What makes home insurance important?
A home is a valuable possession. We carefully choose a place to live and turn it into our home. We maintain our home well and take essential steps to protect it from any harm. In this article, we’ll get to learn about the important aspects and the need for a home insurance policy. However, are […]
HOME INSURANCE
Why protect house property and contents? There is no place like Home, it’s our most valued possession and our heaven on earth. Few things in life matter as much to us, as our home does. After all, it’s the heart of our family, our possessions, our priceless investment, and our memories. From a long-term perspective, […]
Putting the spotlight on home insurance
Published in Mint on 1 July 2015, Written by Kapil Mehta A friend owns a house in South Delhi where she has regularly paid insurance charges to the maintenance agency. Last year her home was gutted by a fire. The insurance claim of Rs.20 lakh was denied on two counts: the insurance had been bought […]
Valuables for Home covered under Burglary Insurance
If you have burglary insurance, you can get financial protection against loss or damage caused to your valuables. In burglary insurance for a home, valuables include= Gold, silver, or any other precious article or metal which are made from precious metals Jewelry, watches or precious metals, stones or stamps, collection of stamps, rare books, medals, […]