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Wednesday, 12 April 2017

HOME INSURANCE PLAN NEWS





In the case of Home insurance is meant for anyone who has a home whether own or rented. There is myth that only home-owners should buy a home insurance plan. Let us tell you case of Mr Vijay Rao and how having a home insurance policy saved him during a crisis. Two months after Mr Rao moved to a rented apartment in Mumbai,


 a catastrophic fire engulfed furniture and other appliances worth Rs 8 lakh. Thankfully, he had a home insurance policy and he could manage to settle back to normal life again easily and without any financial stress. It’s a misconception that only house owners should buy a home insurance.


Although, home may belong to a landlord but it has contents which belong to you. Irrespective of the fact that whether you are a tenant or owner, buying house insurance should be your top priority. Even, there are various insurance companies which provide exciting discounts to people who have bought over 3 house insurance covers. However, don’t let discounts make you buying those covers also which you don’t need. For instance, if you are a landlord then avoid buying a policy to cover contents of the home. Leave that to the tenant. Companies also offer discounts if you buy it for a long duration. You can insure the house for up to 10 years, which not only gives peace of mind but you also get a chance to earn lucrative discounts.




Property insurance
 is the important for both home owners as well as tenants and The insurance cover offered by ICICI Lombard secures your home against a host of natural as well as man-made calamities. For many of us, our home and the belongings in there are a result of a lifetime's worth of work. To secure the haven where you create beautiful memories, opt for nothing but the best and Insurance companies offer property insurance that aids in safeguarding your investment. Get comprehensive coverage from ICICI Lombard that provides structure as well as content cover. Our structure insurance protects your property from hazards like earthquake, fire, flood, cyclone, etc. We offer content insurance to tenants as well as owners that acts as a safety net for their personal belongings.