Home insurance or property insurance covers you for any kind of financial losses incurred to the structure or contents of your home due to natural calamities like floods, fire, earthquakes or man-made events like theft, burglary and malicious activities. Any damage to your home or its contents could lead to a financial crunch, as you may have to spend a substantial part of your savings on repairs and renovation. Securing your dream home with the right home insurance policy can save you during such a crisis.Remember, natural calamities like earthquakes and floods are unpredictable and don’t come with a prior warning. So, give your home the security it deserves.
Home Shield insurance provides a comprehensive cover for your assets for as long as up to 5 years from virtually all the fortuitous events which could take away your peace of mind.Every occupant of a resident, whether tenant or an owner, should buy a home insurance policy as it safeguards your property and provide coverage for the structure and its content. A home insurance policy will avoid loss of financial expenses due to unforeseen circumstances like flood, theft, fire, etc. Buying a home is a milestone achievement for most people in our nation, where people invest their years of income to buy a residential property.
Home insurance, or property insurance, covers your residence against natural calamities. It’s natural to want the best for your home, because home is where the heart is. However, unforeseen risks can come knocking at any time. Just one incident can cause a lot of damage to your house and its contents. Even if you live in a region that’s not prone to any natural disaster, your home may still be exposed to other risks.It comes with the promise of financial security and support, when you and your family need it the most.
This policy covers physical loss or damage, or destruction of Your Home Building and/or Contents/ personal belongings on long term basis. It also covers insured property against damage caused by Fire, Earthquake; Cyclone, Storm, Hurricane, Flood, Inundation, Lightning, Landslide, Rockslide, Avalanche; terrorism and other named perils as specified in the policy wordings.Home insurance does not only insure the house but further provides cover against other structures.Electronic gadgets and appliances are sensitive and sometimes break down for no apparent reason. The home insurance thus will help in covering the unexpected costs of repairs or replacements.
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