1. Home
2. Blogs

Secure Your Property this Onam with the Right Home Insurance Plan

• 
• 
• 
• 0
• 0

Published on August 12, 2021. EST READ TIME: 2 minutes



Onam is one of the most important and popular harvest festivals for Keralites around the world. It is celebrated with great fervour and one can admire the state’s artistic and cultural side best during this time. From decorating houses and making floral rangolis to cooking traditional delicacies and participating in boat races, folk dances and other events, there’s so much joy that this festival brings. What’s more, people also buy new clothes and sweets and send gifts to family and friends to show their love and care. But if you really want to do something special and meaningful this Onam, securing your property with home insurance in India tops the list. After all, your home is your haven or sanctuary and shelters your loved ones too.

Celebrate Onam by taking home insurance

Your home is surely your most prized possession and its structure and contents deserve proper protection against unforeseen circumstances. This is the reason why having a home insurance policy helps. Given the times we live in, when natural calamities, theft and manmade hazards are common, having an insurance policy that covers your property will give you and your family mental peace.

Benefits of securing your home with home insurance

Here are the top benefits of availing home insurance in India:

1. It covers your entire property: If you take home insurance, it will not only cover your home but the adjoining shed, garage and deck as well. You can also enhance the coverage with different add-ons for jewellery, portable electronics and more, for better protection.
2. Prevents financial loss due to natural calamities: A natural calamity can strike at any time and cause widespread damage. However, if you have home insurance, you can be at peace as your insurer will cover the losses. Home insurance covers different natural calamities, such as earthquakes, floods, cyclones and landslides and prevents financial setbacks.
3. Offers financial protection against theft and manmade hazards: In case of a theft or burglary, a home insurance plan will reimburse your loss, excluding precious collectibles and old items. The insurance policy will also cover property damage due to manmade hazards, such as riots, strikes and terrorism.
4. It covers electrical breakdowns and accidental damage: You can also cover expensive appliances with home insurance in India and avoid sudden expenses in case of a breakdown. Some policies cover accidental damage to expensive fittings and fixtures around the house as well.
5. Ensures peace of mind: If you have home insurance, you will not have to worry about sudden expenses related to natural calamities, manmade events, and more. In case your property suffers any damage, you can get in touch with your insurer and they will take care of the rest. All you need to do is pay the premiums on time to keep the policy active.

Tips to select the right home insurance policy

When looking for home insurance in India, you will come across many options and this may leave you confused. However, instead of selecting a plan randomly, you can consider the following factors to find the right cover for your property:

• Identify your requirements to choose the right plan. If you have little or no idea about the same, you can take the help of an insurance agent or research online.
• Shortlist some reputed insurance companies in your region and go through the home insurance plans they offer.
• Check the financial position and claim settlement ratio of the shortlisted insurance companies for hassle-free claim settlement. Also, conduct some research on the insurers and go through customer reviews.
• Compare different plans based on their coverage limits, inclusions, exclusions, deductibles, premium amount, and other factors.
• Select a plan that best matches your requirements and pocket.
• Fill the application form correctly and add the necessary riders for better coverage.

Conclusion

Getting the right home insurance in India is a smart way to safeguard your property and finances. In case of a fire, robbery, natural calamity or manmade hazard, the insurer will cover the expenses and save you from stress and financial setbacks. Some insurance companies also cover alternate accommodation expenses in case your house gets damaged and you need to stay in a hotel or any other place for some days. So, make this Onam special for yourself and your family by securing your property and finances with a good home insurance policy.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

Related Articles

• Festive Time: But is Your Home Insured against Theft and Fire Hazards ?
• Home insurance in India: Make the right buying decision
• Insurance Tips For The First Time Homebuyers

---

• 
• 
• 
•