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 […]
Home Insurance
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, […]
Typical home insurance policy does not cover cost of land
Published in Mint on March 29 2016, Written by Abhishek Bondia Is health insurance valid when one is on foreign travel? I’m taking my grandparents on holiday across Europe in another three months. They are medically covered. If something happens when we are abroad, what is the process of facilitating medical insurance? —Akshara Purakayastha A […]
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, […]
Your home insurance should provide these 5 coverages
Buying a home is expensive. Homebuyers often avail of bank loans and end up spending most of their savings on repaying the amount. So, where will you get the extra funds to repair or rebuild your house? Home insurance policy offers certain coverages that benefit homeowners in case of losses. Some of the common threats […]
Top 5 coverage you should look after while buying home insurance
Buying or building your own home is no mean task. It involves your time and money, especially a lot of money, which you would have toiled night and day to accumulate. You might even have availed of a home loan to supplement your savings so that you can buy your own home. Repaying the loan […]