HOME INSURANCE IN INDIA

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HOME INSURANCE
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HOME INSURANCE IN INDIA
Home insurance policies in India are property
insurance that provides coverage against house
damage or that of the contents inside. Apart from
unauthorized entry, you can also get an extended
cover for accidents that may occur at
home. Benefits of Home Insurance Home
insurance offers numerous benefits to the
policyholder. With a good home insurance in
place, you can have complete peace of mind
regarding your property investment. You can avail
emergency repairs, the additional expenses of
living outside your home in case of damage to
property, or replacement of personal property,
minus the hassles and minimum documentations.
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Besides, the annual premiums involved are
reasonably low in most cases so as not to put
extra financial burden on the insurer. The home
insurance premium calculator can help you to
calculate and decide which home insurance plan to
go for.
Key Features of Home Insurance The key features
of home insurance in general include the
following Get home insurance online, which is
a hassle-free proposition for those
interested. Discount is available on
contents/home premiums Standard coverage is
present against explosion or fire, theft,
attempted burglary, damage due to natural
disasters, and compensation for damage to
property or contents within, through vehicular
accidents.
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Reasonable covers for your valuables including
camera and jewellery. Presence of burglar or
smoke alarm or other security measures help
homeowners to get discount on their home
insurance. The cover is for both self-owned and
rented properties. Home Insurance Coverage If
you want to go for home insurance coverage, it is
possible to choose the cover amount based on
personal spending capacities and requirements.
Select contents that you want to get under the
insurance umbrella. Coverage amount may depend
upon the reinstatement value or the current value
of the product in market. Also included is the
personal accident cover concerning permanent
disability or death of policyholder. In such
cases, the nominee gets predetermined
compensation amounts.
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WHAT IS HOME INSURANCE? Home insurance provides
against financial loss against damage of the
structure and/or contents of your home caused by
natural and man-made disasters. Why home
Insurance? A home is your most important asset,
and it is natural to safe guard it against any
calamity. How much cover should I have? The
amount of cover is dependent on the cost of
construction of the house and the value of
consumables. Source http//www.insurancebazar.i
n/General-Home-Insurance.aspx
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e/home-insurance.jsp
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