A lot of mis-selling takes place in home insurance policies...!

Structural Insurance cover for a home comes in 3 ways. First is based on the reinstatement value where the insurer gives the construction cost of the house excluding the value of the land. Second is based on the agreed value of the property and includes the value of the land…

Share:

Read More

Age Limit for Residential Property to be Insured..!

Many general insurance companies decline to insure houses that are 40 or / 50 years old. Even if an insurer issues a house policy for an old property, it will charge a high premium ( 25 to 30% higher, on an average), depending on the risk to the house / society and the incre…

Share:

Read More

Axis Bank's Safe Home : A Comprehensive Protection for Contents of House

Your home is your most valued possession, a haven of safety. But is it really as safe as you would like to believe? Axis Bank realize your need to make your home as secure in reality, as it is in your mind, which is why we, in association with Bajaj Allianz General Insurance…

Share:

Read More

Home Loan Insurance Vs Home Insurance..!

By Mr. Kapil Mehta,   SecureNow Insurance Broker Home loan insurance is more important than home insurance..! Home loan insurance makes sure that your family has a valuable asset even if you die... By  Mr. Kapil Mehta,  SecureNow Insurance Broker Question: Could you tell, the diff…

Share:

Read More

Insurance to Protect Your Dream Home..!

by Mr. B. Subrahmanyam, Bharti Axa General Insurance Home insurance generally comes in the form of a package that covers not only loss or / damage to the insured property due to natural catastrophes or /  accidental damage, but also a host of add-on covers. Generally, househ…

Share:

Read More

Borrowers Think of Covering Home Loan Liability with an Insurance Policy...!

by Srikala Bhashyam Planning finance for house buyers has never been easy &  with interest rates and Prime Lending Rate (PLR) always on the move, it is going to be tougher. In addition, the property price, despite being considered the best time to buy, is not showing any…

Share:

Read More

Insure Against Acts of God..!

by Mr. M. Ravichandran, Tata AIG General Insurance All of us witnessed what a massive disaster Hurricane Sandy was. There was severe damage to property, life, vehicles & other assets and New York City came to a standstill. Natural disasters strike without any forewarning…

Share:

Read More

Home Insurance Any Additions to Objects, Structural Modifications May be Informed to Insurer…!

Things to Inform Your Insurer to Keep Your Policy Valid..! By Mr. Arun Balakrishnan,   BerkshireInsurance.com Insurance contracts are based on the ‘ principle of utmost good faith ’. This means, a policyholder must make honest and complete disclosure of all material facts when …

Share:

Read More