Property Insurance
Property Insurance Benefits
Everything You Want To Know
Property insurance plan is designed uniquely with affordable premiums to let you bask in the glory of protection and safety. Therefore, to safeguard your finances and protect your property from natural calamities, theft, accidental damage, etc., we recommend you buy property insurance and thereby avoid getting a big hole in your pocket due to unwanted scenarios.
When we say property insurance, it's a type of home insurance that provides protection coverage for property owners. Property insurance can help the owner avoid financial losses, which might occur due to damage caused to the property by natural calamities, theft, fire etc.
You invest your lifelong savings to buy a property you can call your own! However, mere buying it isn't enough. You need to secure your property from unforeseen events. Hence, to protect your property, you need to get property insurance.
Need of Property Insurance Plans
Why Do You Need Property Insurance?
It is necessary to buy property insurance to avoid any sort of financial burden that might occur due to damage caused to your home content/structure by fire, riots, natural calamities and other unforeseen events. Apart from this, there are numerous reasons to have a property insurance, which we will discuss below
If any damage incurs to your insured property, the cost of repair will be covered by property insurance.
Property insurance provides coverage for even vacant houses. Even if you are away from your home, the cost of repairment/reconstruction will be covered.
Property insurance is beneficial for people who live at a rented apartment as it provides coverage for the content (belongings) and thereby avoid financial stress.
Property insurance plan will help secure your valuable asset from any mishap.
Property insurance can be purchased online without any hassle and our customer support team is available 24x7 to help process your claims or solve any query related to your respective insurance plan.
Property insurance you can avail a comprehensive coverage for both the content and structure of your home.
PROPERTY INSURANCE PLAN COVERED & NOT COVERED
PROPERTY INSURANCE PLAN COVERED
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Fire : Fire can annihilate your dream property. Our property insurance covers for the damages caused due to fire so that you can rebuild your home.
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Accidental Damage : With property insurance, you get protection for expensive fittings and fixtures, where coverage is provided to your precious belongings if accidental damage occurs.
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Alternate Accommodation : If the insured property gets damaged and deemed unfit for living due to an insurable peril, the owner gets the arrangement for temporary alternate accommodation by the insurer.
PROPERTY INSURANCE PLAN NOT COVERED
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Precious Collectibles : Losses arising out of damage to bullions, stamps, work of art, coins etc. will not be covered.
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Wear & Tear : Your property insurance does not cover usual wear and tear or maintenance/renovation.
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Old Content : We understand that all your precious possessions hold emotional value but anything that’s over 10 years old will not be covered under this property insurance policy.
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War : Loss/Damages arising of events including war, invasion, act of foreign enemy, hostile are not covered in the property insurance plan.
