Tips For Buying Home Insurance in India

In case of life insurance plans, the dependents or the nominees are provided with an amount in the event of the policyholder's untimely death. Similarly, in case of home insurance it covers losses to the contents and the structure of your house due to man-made or natural calamities. It will cover your home from unforeseen and unwanted losses, such as storms, fire, lightning, explosions, vandalism, or just vindictive mischief. Home Insurance plans insure your house and all valuable contents inside your home, such as electronic items, jewellery, etc.

You need to check a few factors before purchasing a home insurance:

Cover Size

An insurance for property will give a cover to your house against man-made or natural disasters. So,it is important to buy a sufficient Home Insurance cover. First know the property's reconstruction costs and the area it occupies.

Assess your Needs

Access the policy premiums that you will be required to pay. If you own an apartment, you need to insure only the contents inside your home, since your builder is likely to have insured the entire building. Compare all the different plans and assess the Home Insurance premiums that you will need to pay and buy the best home insurance plan that best suits your financial situation and other circumstances.

To know the other home insurance tips, read: Things to Consider While Buying Home Insurance Plans

Comments

Quick Guide For Zero Depreciation In Car Insurance

Some parts of your car face wear-and-tear faster than the others and these parts are often referred to as depreciated parts. Once you file for an insurance claim, the insurance company deducts a value equal to the depreciated value of all such parts and does not settle your claim in full. The parts that are made up of rubber, plastic, fiber, etc. fall in this category. If you want to avoid this deduction from the final claim amount, you can avail of a zero depreciation car insurance cover. It is also known as nil depreciation cover as it nullifies the deduction from the claim amount due to the deprecated components of your vehicle. The benefits of a zero depreciation car insurance policy are stated below: Comes at a reasonable price If you have already purchased a comprehensive car insurance policy, you can avail of a zero depreciation car insurance cover at a nominal price. It is because it is an add-on insurance policy that only enhances your claim amount to reduce the part of ...

Necessary Information On Hospital Cash Insurance Plan

Medical treatments these days are a matter of the huge amount of money. And if you need quality treatment facility from the super-specialty hospitals and clinics you need a medical insurance plan for you and your family. If you are planning for the medical insurance plan with hospital cash cover , then be sure to consult with the best insurance plan provider. Let us discuss in details. Financial companies such as reputed NBFC Bajaj Finserv and other insurance companies have their own health insurance policies that range from smaller amounts of bigger amounts. All these medical policies fall under the pocket insurance policy scheme. It gives clients the facility to get benefits with minimum investments. The procedure is quick and does not require lengthy documentation. You can get a higher amount of money with such hospital cash insurance to continue medical treatments even for critical patients. Just make sure you read the policy details clearly before yo...

Stay Protected on the Road- Understanding the Importance of acko car insurance

Having a car insurance policy is essential for every car owner. It not only provides financial protection in case of any damage or loss but also ensures a safer driving experience. Acko is one of the leading car insurance providers in India, offering a wide range of insurance plans to suit the needs of all car owners. In this article, we will be discussing the importance of Acko car insurance in India and how it helps to stay protected on the road. We will also look at the various benefits and features of Acko car insurance policies that make them an ideal choice for car owners. Understanding the Importance of Acko new car insurance in India As the number of vehicles on Indian roads increases, so does the number of accidents and other related incidents. Traffic jams, road rage, and bad driving habits are some of the major causes of accidents. It is important for drivers to stay safe on the road, and to do so, they must have a car insurance policy. Acko new car insurance is one...

All Insurance News and Plans

Search This Blog