Friday, June 19, 2009

Home Insurance: Secure your Dream Home…!!!

ICICI Customer Education Series -

Did you Know? -

If you avail of Insurance through your home-loan provider, it is likely that they will fund the premium amount of the insurance. Most home-loan providers do so.

Worried about what will happen to our home in the event of any unforeseen circumstance?

You can insure both your home (property) and home loan -

Taking a Home Insurance is the undisputed way to keep your house and valuables covered and secure. A Home Insurance policy covers calamities in usually two categories – Natural and man made.

Types of Insurance Policies available -

You can avail of Insurance under any or all of the following categories:

- Insuring the structure of your home against natural calamities.

- Covering the contents within the House against natural calamities, theft and burglary.

- Insuring your outstanding loan against your possible death, permanent total disability and loss of employment.

On What parameters do I choose an Insurance Cover? -

- Compare the coverage and benefits offered by the various insurance providers.

- Compare the premiums charged by them.

- Check for a direct payment tie-up to pay the Insurance Premium.

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