If you have burglary insurance, you can get financial protection against loss or damage caused to your valuables. In burglary insurance for a home, valuables include= Gold, silver, or any other precious article or metal which are made from precious metals Jewelry, watches or precious metals, stones or stamps, collection of stamps, rare books, medals, […]
Articles Tagged: Home Insurance
You may include in-laws in family floater plans but not domestic helps
Published in Mint on 28th May 2017. Written by Abhishek Bondia Can I buy a family floater medical insurance policy for my wife, children, and parents as well as my in-laws? I live in Ghaziabad and as my wife is an only child, I share the responsibility of her parents as well. Also, for the […]
India: Most are aware of health insurance, but lack knowledge
Published in Asia Insurance Review, on 18th May 2017 Awareness of health insurance among Indians is around 70%, but there remains poor understanding of what goes into health insurance, according to a survey commissioned by IRDAI. The study, conducted by the National Council of Applied Economic Research (NCAER), shows that fewer than 50% understood the […]
Insurance for all reasons
Published in hindustantimes on Jun 25, 2019. The purpose of an insurance cover is to protect you financially against unforeseen events. Here’s a look at insurance covers other than health and life which can come handy. Most of you may be familiar with health insurance and life insurance policies. But did you know you can get insurance cover […]
The smart way to manage money: insure your health, wealth and house
Published in Mint, written on 30th March Panellists discussed the roles of health, life, vehicle and home insurance in managing our money box. Participating in the discussion were: Kapil Mehta, co-founder, SecureNow Insurance Broker Pvt. Ltd; K.S. Gopalakrishnan, managing director and chief executive officer, Aegon Life Insurance Co. Ltd; K.V. Dipu, president and head of […]
Your home insurance should provide these 5 coverages
Buying a home is expensive. Homebuyers often avail of bank loans and end up spending most of their savings on repaying the amount. So, where will you get the extra funds to repair or rebuild your house? Home insurance policy offers certain coverages that benefit homeowners in case of losses. Some of the common threats […]
Top 5 coverage you should look after while buying home insurance
Buying or building your own home is no mean task. It involves your time and money, especially a lot of money, which you would have toiled night and day to accumulate. You might even have availed of a home loan to supplement your savings so that you can buy your own home. Repaying the loan […]
How are home insurance premiums calculated?
Home insurance plans usually have affordable premiums. The premium calculation process to is quite simple. Let’s understand the process to calculate home insurance premiums and the factors that determine the rate. Type of policy Home insurance policies are of three types – structure insurance, content insurance, and comprehensive insurance (which combines structure and contents). The […]
The key points one should consider while buying a home insurance policy
A home insurance policy protects you and your house against unforeseen calamities. The need for home insurance is increasing due to various factors. Rising property values, increased occurrences of natural disasters, and a growing awareness of the financial risks are the key contributors. Also potential damages or theft have led homeowners to seek protection for […]
Does higher sum insured guarantee a higher claim settlement under home insurance?
Does a higher sum insure guarantee higher claim settlement under home insurance? No, a higher sum insured doesn’t mean you will get a higher claim settlement. On the contrary, there have been instances when a home insurance company has refused to settle a claim despite the sum insured being high. The amount settled could also […]