Sunday, 14 May 2017

what is home insurance and benifits

What great pleasure lies in the often repeated statement, ‘I am home’. A home is a place of rest and sanctuary and the word itself signals peace and finality and A house also entails a tremendous expenditure of money andemotions and time- a onetime investment in many of our lives. Thus, securing this symbol of independence and achievement, against natural calamities and man-made conditions, is an extremely important concern. Ergo, the need for a good, comprehensive and timely Home Insurance Policy and In India, Home or Property Insurance is a popular banking product. Being secure is better than being sorry- the essential tenet behind the concept of insurance, applies particularly to an emotional and costly insurance such as your family home. Aside from the structure itself, a good home insurance policy provides protection to the items/ implements/ appliances and prized possessions included in the home. A trusty home insurance policy is not just the protector of your cherished home, but the precious and unique memories and emotions that reside therein.

Benefits of Home Insurance

  • Complete coverage against financial liabilities arising from the damage/loss of your home and/or its contents due to natural or man-made reasons.
  • Thoughtful additional covers including Burglary and Theft Cover, Earthquake Cover, etc. for specialized protection.
  • 100% mental peace when there is a solid security to fall back on, especially in these times of social strife and environmental upheavals.
  • Applying for a home insurance policy is simple, the turnaround times are quick and almost all banks in India offer this very dynamic product.
  • After the calamity that resulted in the damage/loss of your home, the on-time home insurance payouts will massively assist in helping the family put their lives back together. A big relief in such a trying time.