Did You Know We insure our vehicles and health but most of the time we don’t anticipate the loss of or damage to the property where we stay or use on regular basis and whose non existence cannot be imagined. We spend majority of time outside our home earning livelihood and fill the empty spaces in the house with the costly gadgets, white goods and lavish furnishing. The cash flow is painful when these electronic gadget suffers breakdown, Jewellery is lost or any untoward incident affects the interiors of the household.
Can we insure it comprehensively? Answer is ‘Yes’
All these years there were only limited options available like ‘House Holder Insurance Policy or ‘Standard fire and Special Perils Insurance Policy’ where the insurance protection against few causes/perils could be sought. Recently one of the insurers have come up with a very innovative coverage which insures the structure of the house and its contents on ‘All Risk Basis’.
What is covered?
The cost of the apartment, the whole furnishing of the house, the contents, domestic/Electronic equipments including Cell phones, jewellery & Valuables and also liability arising out of the injury or death of the domestic servant.
Risks Covered?
Any accidental Loss or Damage to the property covered under the policy
Product Features
- Its an All Risk Cover
- House can be covered for its market value
- No list of equipment/property is required to be submitted
- Laptops & Cell phones can be insured at lower premium
- Portable equipment covered on worldwide basis
- No Depreciation at the time of claim for equipments***
- Jewellery covered when worn or in lockers
- 3 years Long term cover is available
*** Conditions apply
It’s a Value For Money!!!
Sounds interesting??
You may contact or write to the undersigned in case of any queries/advice is required.
Warm Regards,
Laxminarayan Shanbhag
laxminarayan@spectrumadvisors.in
