HOME INSURANCE

 HOME INSURANCE 

Home is our most important and valuable assets and every man has this dream to settle his house in his life and along with settling the house, there is concern to protect them from all kind of calamities and damage . For the same purpose home insurance provides financial protection against calamities and naturals calamities. home insurance policies covers losses caused by natural and man made disasters

home insurance is a contract between a home owner and an insurance company. the insured promised to pay a fixed sum premium to cover his property against unforeseen losses .

TYPES OF HOME INSURANCE 

There are two types of this policy 

1 . basic building policy 

2 . comprehensive policy ( home owner package policy) 

BASIC BUILDING POLICY 

This types of policies protect the house against loss or damage caused by naturals calamities such as storm, fire, flood, landslide etc   

COMPREHENSIVE POLICY 

This policy provides cover for the structure of the house and building. this policy of insurance ensured loss and damage against the structure of the building due to man made calamities and natural calamities i.e. earthquake, air accident damages this policy also cover theft which contains valuables such as jewellery, important documents and many other high and precious things 

BENEFITS OF HOME INSURANCE

Home insurance has many benefits as you will always be protected from stress as you know people are very worried about climate change in the world so you will be completely free from such problems