Insuring Your Home

Insurance is nothing but guaranteeing against a loss. Nothing compares to the peace of mind one gets upon knowing the fact that he or she will not
suffer a loss in the event of a calamity, whether it is natural or man-made, that could befall on one's home, whether it be an apartment or an
independent villa. One of the many insurances that are offered by a financial/insurance agency is Home Insurance. Also called Home Owner's Insurance,
this service means that the risk of a loss is transferred to the banking or insurance agency in lieu of a monthly payment for a specific number of years,
that is made by the individual who has applied for the insurance.

Home loans in India are widely divided in two segments, Property Insurance and Insurance against Loss of Contents.