Home insurance is a type of property insurance, which covers all types of losses or damages to the individual’s residential property, other assets and furnishings as well.
It Provides Coverages For Losses
Getting your home insured, gives financial security and additional benefits for losses of assets and belongings. Currently, you can get replaced of your damaged assets, which you insured for under Home Insurance, not just claiming money.
Extendable Coverages With Usal Home Insurance
It not only covers your home, but also your fencing boundary, car shed, and other components used inside your premise. It also protects your furniture, electronics items and other valuables etc.
It is Very Less Expensive
Though it seems Home insurance is a waste of money, it actually saves you a lot. Just for an example, If a house cost 1 crore ( in Rupees ), then the premium would be 3-4 thousand rupees per year (approx). Even if you take a comprehensive plan, which covers all interior products, it will add just (approx) 2 thousand on premium. So, here, according to the coverage value, the premium is less.
It Protects You From Natural Calamities
Natural calamities, never tell before arrival. It really harms the house and for renovation it costs a lot. So this comprehensive insurance gives coverage from natural disasters, such as floods, storms, etc.
It Gives You Peace of Mind
From the homeowner’s point of view, if you have done your home insurance, then you will get relaxed and peace of mind. Whether it comes to any type of calamities, you wont take any tension, as your home is insured.
Hope this info on home insurance will be worth it for you.For any kind of Home Insurance, For Home or Life insurance, please contact our Licensed Insurance Team PLENTYSURE (www.plentysure.com) . They help 24×7. Even For making a Comprehensive Financial Plan (Only for NRIs) can ping me (E:moneygrains.invest@gmail.com).. It covers all types of Goal planning ,Insurance planning, Emergency Planning including your Retirement Planning). One small question to you, Have you opted for Home Insurance before ? Do comment.
Thank You,
Team PLENTYSURE
Jyoti Prakash Nayak, B Sc MBA BA CFP
CERTIFIED FINANCIAL PLANNER & Financial Writer
www.moneygrainsexports.com
