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Home insurance on Agreed Value Basis.

Home Insurance On Agreed Value. Now you can insure your most valuable Asset, Your Home on Agreed Value Basis. One can insure the asset against Fire, Flood, Earthquake, Burglary, and Damage to electronic items, Portable Equipments (T&C apply), Jewelery, Painting & Curios. The coverage can be taken for up to 3 years, further one can take coverage only for apartment or only for contents or for both. The policy offers options to cover the apartment on indemnity basis & re instatement value basis for further clarifications read the policy terms & conditions.   Once the company pays for the market value, it takes over all the rights over the property through subrogation - a legal claim which entitles the insurer to obtain any recovery on behalf of the claimant. Even if the owners decide to go for redevelopment, the insured can claim redevelopment costs and rentals for an alternate accommodation during the construction period. For a sum insured of R...
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Insure against disability too, not merely death

Insure against disability too, not merely death Rising number of accidents makes it essential to have a personal accident cover, even if you have term life insurance What PA covers A PA policy covers death, permanent total and partial disability, temporary total and partial disability, broken bones, burns and ambulance costs. In a disability, a certain percentage of the sum assured, depending on the extent. For instance, the compensation will depend on whether there is loss of one limb or both, one eye or two eyes, and so on. There are add-on benefits such as repatriation of mortal remains, bonus for children's education, per-day benefits in case of hospitalisation due to accident, weekly compensation in case of loss of job of the earning member and so on. There are floater plans that can be taken to include the entire family under a single policy, Mathur says. Excluded However, certain varieties of deaths and accidents can be denied under a PA. For instance, de...
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HOME INSURANCE

HOME INSURANCE There is no place like 'Home,' it's our most valued possession and our heaven on earth. Few things in life matter as much to us, as our home does. We spend a fortune to buy it; After all, it's the heart of our family, our possessions, our priceless investment and our memories. But often our heaven is insecure with various risks and contingencies. Only a few people realize this and have Secured their Most Valued Possession HOME, Ek Mahal Apna !!!! Now more on Home Insurance ………. Who can buy this insurance? Any Owner Occupant of a Flat / Apartment / Independent Building which is less than 30 Years Old and which is not of Kutcha Construction can purchase this insurance policy for his “Building and / or Contents and Jewellery & Valuables, Works of Art, Curios andPaintings”. Further Any Tenant and other Non-Owners of Residential Structure can insure the “Contents and Jewellery & Valuables, Works of Art, Curios and Paintings” in ...
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Professional Indemnity Insurance

For whom is this policy meant? This policy is meant for professionals to cover liability falling on them as a result of errors and omissions committed by them whilst rendering professional service . Scope of policy The policy covers all sums which the insured professional becomes legally liable to pay as damages to third party in respect of any error and/or omission on his/her part committed whilst rendering professional service. Legal cost and expenses incurred in defense of the case, with the prior consent of the insurance company, are also payable, subject to the overall limit of indemnity selected. Only civil liability claims are covered. Any liability arising out of any criminal act or act committed in violation of any law or ordinance is not covered. Who can take this policy? The policy is meant for professionals. We issue 'Professional Indemnity' policies to the following group of professionals:- 1.    Doctors and medical practitioners - which covers r...
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