HOME INSURANCE

Reasons To Have Home Insurance

  • Posted by Greenambit
  • On- 05/09/2018

People who own property are highly encouraged to get home insurance for themselves. Insurance for anything has always proven to be a lifesaver for any destruction or distressed moments that come into our lives. For example, health insurance helps people cover costs when they meet with a certain health condition that requires a larger sum. People sometimes also combine out of pocket money and insurance covered money to deal with situations, similar is the case for home insurance. If you are looking for a living space that insures the home, it’s an icing on cake. The banks that provide home loan also offer home insurance packages that look after your home’s wellbeing. This is believed to be quite acceptable and necessary.

There is one such beautiful property in Goa that takes care of your vacations, retirement life & rental income. The Calissa by Greenambit Infrastructure in Calangute that offers luxury flats for sale in Goa. You can buy apartment in Goa with Greenambit easily and go for home loan with esteemed banks like HDFC, ICICI & LIC as the project is approved. These bank also provide home insurance cover at minimum premiums that insure your investment. So make a choice wisely. If you invest in these luxury holiday homes  in Goa & pick a home insurance cover you shall be entitled to the protection against future contingencies, Covers risk against Fire, Lightning, Explosion, Implosion, Flood, Inundation, Storm, Riot, Strike, Earthquake, Terrorism (optional), Burglary, Theft and, Larceny as these are the clauses generally covered by insurance providers. So, whether there is a natural calamity, or an unusual happening, your investments are safe guarded by the insurers & you can be at peace thinking of the financial coverage you already have for your flat. However you need to ensure the property is in Ready phase to be occupied.

Home insurance policy is the best way to protect your dream home. No matter where you are, your home will be as it is. Home insurance can allow you to have coverage for your property when you meet with a situation where you'll need a larger sum to cover your expenses be it resulting from internal or external factors. For instance, a natural disaster which when hits your home, like a tsunami or an earthquake, you might need coverage for the renovation of your house and to take care of the destruction which was caused. Natural disasters do not always come with a warning, at times like these, you will need financial coverage which a home insurance policy is more likely to provide you with.

It does not end there; there are numerous man-made disasters which can cause you a tremendous loss, maybe even beyond your thinking. Disasters like, burglary, theft or riot are dealt with by the insurance policy as well. The valuables at your house, no matter how more valued one is from another, are taken care by the insurance policy as well, your kitchen appliances, furniture, digital audio and video appliances come under the content of the house which is taken care of by the insurance policy as well.

Banks keep the process of availing home cover quite hassle free these days. There is no documentation process required and the term of the insurance can be stretched to five years or extended. It’s even possible to cover the contents of the household if you are putting up on rental accommodation.

In times of need, like when you need to shift your accommodation elsewhere, due the huge damage and losses, the insurance policy covers your additional rent, while you stay temporarily.

There are many benefits of home insurance when you invest in a property. It is recommended to chose best plan and do not ignore the exclusions of policy which may be Loss and/or damage arising out of War, Invasion, Act of Foreign enemy, hostilities, etc., Loss or damage due to nuclear perils, Damage to property due to Pollution and contamination, Loss or damage due to wear and tear, gradual deterioration or slowly developing flaws, Wilful Misconduct or Negligence, Loss and/or damage to jewellery, precious stones, money, bullion or documents of any kind unless specifically declared etc.

For information on Greenambit – Luxury Homes in Goa, Please feel free to contact +91-99539.53060 or logon to calissa.greenambit.com.

RERA number : PRGO04180222