5 things to know about home or home owners’ insurance

1.It is a type of property insurance which covers the house structure and the content of private residences.
2.It Provides for appliances, furniture and fixtures and jewellery depending upon the coverage selected.
3.It protects your house against damages due to natural calamity like fi re, storms or floods and against burglary or theft.
4.This type of policy is available for a term of 1 year or even for a longer tenure.
5.Many policies come with riders like temporary resettlement cover or loss of rent cover.


Content on this page is courtesy Centre for Investment Education and Learning (CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.