Why Should We Buy Property Insurance?

The most important reason to purchase property insurance is the uncertainty of future. You can’t predict what would happen in the next moment, and therefore, to get complete coverage against the life’s uncertainty, it is essential to buy a property insurance policy. A property insurance policy is an umbrella policy which includes office insurance, factory […]

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What is Local Authorities Clause in Property Insurance?

The local authority clause in property insurance covers the unexpected losses which occur due to additional cost of reinstatement of the destroyed or damaged property to comply the local bylaws but subject to sum insured. This clause provides coverage against the damage incurred to fulfill the necessity to comply with the building or other regulations […]

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