Home insurance policy offers protection to appliances/equipments/items/prized possessions and more that is present in the house of the policy purchaser or simply the house that is insured. A comprehensive plan gives coverage against economical liabilities due to loss/damage of home and its content resulting from any natural or man-made reasons.
You can relieve your mind and trust the home insurance policy as a security in times of environmental upheavals and social strife affecting the insured property. Applying for an offline or online home insurance policy is very simple. The response from insurance companies is also very quick as like that from the bank offering one.
There are some thoughtful additional covers to consider such as earthquake cover, theft cover, and burglary cover for heightened protection. In case of calamity caused loss or damage to the residence, the insurance payouts help massively in reinstating the property, which could be a huge relief at dire times.
Depending on a bank/company/insurance provider, the eligibility for housing insurance can differ. Here is a look at some of the minimal requirements considered:
401, Lakhani Centrium, Sector 15, CBD Belapur, Navi Mumbai, Maharashtra 400614