It is very important that one has a home insurance for his property for nothing else but to have a peace of mind. The type of relief it will provide is worth more than the amount you will be paying as premium. Moreover one spends a life’s savings for buying a house it becomes all the more important to get it insured.
Why Should I Buy Home Insurance?
Just be sure to note that a variety of calamities are covered under home insurance like earthquakes, floods, fire, explosion, cyclones, lightening etc. Even theft and burglary can be covered under it.
Building insurance
A must have and loan is sanctioned only once you've got a home insurance and there is the possibility that get rebate on interest component on your home finance loan. Building insurance covers only the structure of the property. It insures the large amount that an individual will require reconstruct the property, in situations when damage is made to your property.
Content insurance
Since the name suggests content insurance only covers the things in home. It really is pertinent to protects your valuables against fire, theft, accidental breakage, damaged caused to electric appliances on account of electrical and mechanical breakdown.
How much does it Cost?
Tata AIG is charging Rs 5040 as annual premium and Bajaj Alliance is charging Rs 5130 for a Rs 90 Lakh home insurance annually.
Feel free to visit our website to get Home Insurance India updates free by subscribing to our daily updates. You can also check out best health insurance to get the best advice for medical insurance.
home insurance india comparison, travel insurance india, motor insurance india, health insurance india, joint life insurance policy india, group insurance india, whole life insurance policy india, general insurance
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
