A home insurance is a property insurance policy to help you cover your own home or rented apartment, and your personal belongings within, from unforeseen circumstances such as burglaries, fires, floods, storms and explosions.
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While home insurance is not mandatory in India, you may think of getting a home insurance plan depending upon the risk factors in India. For example, many regions are prone to natural calamities like floods, earthquakes and cyclones; do not forget those fire incidents and thefts/burglaries that happen here most of the times. Hence, buy a home insurance plan to get coverage under following circumstances:
- Fire Accidents
- Thefts and burglaries
- Natural calamities
- Man-made hazards
- Damage to belongings
Your home is your safe place – and your most prized possession. It provides you and your family a peaceful haven to live life and make memories.
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