The Importance behind Opting for a Home Insurance - PowerPoint PPT Presentation

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The Importance behind Opting for a Home Insurance

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If you have deiced to avail a Home Insurance, you must know about it in great detail. – PowerPoint PPT presentation

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Title: The Importance behind Opting for a Home Insurance


1
The Importance behind Opting for a Home Insurance
2
For Ref http//advertizerealestate.com/the-import
ance-behind-opting-for-a-home-insurance/
  • If you have deiced to avail a Home Insurance, you
    must know about it in great detail.
  • This presentation is aimed at presenting to you,
    the details, pros and cons of a home insurance.  
  • Home insurance otherwise known as Hazard
    Insurance is a property insurance coverage that
    protects/recovers your home from various hazards.
  • Natural Calamities 
  • Natural calamities include cyclone, earthquake,
    fire accident, flood, lightning attacks, storm
    destruction, landslide and tsunami caused
    destructions etc.

3
For Ref http//advertizerealestate.com/the-import
ance-behind-opting-for-a-home-insurance/
  • Man-Made Calamities 
  • The man made destructions include terrorist
    attack, burglary, political strike and riot,
    malicious damage, aircraft /rail/road accidents
  • Besides these, there are two other types of home
    insurance policies and they are
  • Building insurance
  • Content insurance

4
For Ref http//advertizerealestate.com/the-import
ance-behind-opting-for-a-home-insurance/
  • Building Insurance is that which generally covers
    up for the damage caused to the structure of the
    building.
  • This may be owing to any man-made or natural
    calamity and will cover up to the degree of
    providing the entire cost for the reconstruction
    of the whole building.
  • Content Insurance usually covers up for the
    contents that are lost in the house. This
    includes ones jewelry and other valuables like
    furniture, clothing and electronic appliances
    too.
  • It is very important to present the total value
    of your possessions before opting for the right
    content insurance coverage.

5
For Ref http//advertizerealestate.com/the-import
ance-behind-opting-for-a-home-insurance/
  •  The following advantages and limitations of
    possessing a home insurance policy
  • Your invested property is well protected. A good
    insurance policy will completely repay for the
    loss that you have incurred.
  • Emergency repairing costs are covered under the
    insurance policies, which is definitely an added
    advantage.
  • These are termed policy exclusions and will not
    be funded in case of damage
  • Willful destruction of the residential property
  • Damage caused by regular wear and tear

6
For Ref http//advertizerealestate.com/the-import
ance-behind-opting-for-a-home-insurance/
  • Therefore, opting for a home insurance coverage
    is like keeping your house shielded even before
    any mishap occurs.
  • Remember, prevention is better than cure.
  • And, it is always better to be safe than to be
    sorry, especially when you have invested in a
    residential property.

7
Thank You
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