Is Property Insurance Exempted From Income Tax?

  • March 27, 2025

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Insurance in simple terms Taxes and insurance: All you must know about India’s property insurance tax exemption Property insurance: what is it? The Tax exemption on Insurance premiums in India Why Property Insurance is not Exempt from Taxes? The primary reason for this is that property insurance is not tax-deductible since it is categorized as […]

Key Points to Consider When Buying a Flat

  • March 27, 2025

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List of Key Pointers to Consider When Buying a Flat 1. Location:Of all the elements of the flat, the location might be the most crucial one. Some key aspects to consider include distances to schools, hospitals, shops, and transportation. Convenience can significantly enhance your quality of life and also boost the property’s appreciated value.2. Budget:Once […]

Rent for Alternative Accommodation in Home Insurance

  • March 27, 2025

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What is Alternative Accommodation Coverage? When Can You Claim Rent for Alternative Accommodation? Homeowners can claim rent for alternative accommodation in particular situations, usually when the property damage results from an insured event detailed in the policy, such as:1. Natural Disasters:During disasters like fires, storms, and floods, this coverage is likely the most frequently utilized […]

What Is High-Value Home Insurance and Do You Need It?

  • March 27, 2025

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Features of High-Value Home Insurance High-value home insurance includes multiple premium features to address luxury properties and distinctive possessions. Some notable features encompass: 1. Higher Coverage Limits: High-value home insurance transcends being an upgraded property insurance policy since it offers a considerably higher limit of coverage that can encompass the home as well as the […]

How Much Will Building Insurance Cost?

  • March 27, 2025

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What are the Benefits of Obtaining Home Insurance? Securing home insurance can provide numerous advantages, such as the following:1. In addition to the home, up to Rs 25 lakhs in contents will be included in the policy. You do not need to present a specific inventory of home possessions to benefit from these provisions.2. Protect […]

Is home insurance mandatory in India?

  • March 27, 2025

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What is Home Insurance? Is it Mandatory by Law? Why Should You Buy It? Even though it is not obligatory, residents’ or property insurance is strongly recommended because, in the case of unfortunate events like floods, fires, thefts, and similar incidents that may damage your valuable asset, compensation is provided. With property insurance, it is […]

How Much Does TV Insurance Cost?

  • March 27, 2025

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Benefits of TV Insurance Policy When considering a TV, you will certainly want to secure the best value. Thus, when you’re investing a considerable sum on a TV, ensure to acquire a comprehensive TV insurance plan as well. Some of the advantages of selecting the finest property insurance for your TV include the following:• Guards […]

What is the limit of insurance on buildings?

  • March 27, 2025

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Points to remember when selecting home insurance coverage 1. The value of the houseTo begin with, the value of the property must be considered when selecting the appropriate home insurance coverage. For this, evaluate the current market value of the house and the sum required if it were to be destroyed by a fire or […]

What is the purpose of jewellery insurance?

  • March 27, 2025

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Understanding jewellery insurance 1. Easy access to your jewels You can conveniently access your jewellery when it is securely stored at home. Bank lockers are a great choice for safety, but they deny you access to your jewellery in case of immediate need. Whether you have an unexpected invitation or you urgently need to use […]

Mortgage Insurance vs Home Insurance Explained

  • March 27, 2025

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What is mortgage insurance? Is mortgage insurance required? What is homeowners insurance, is it required? Does your mortgage encompass homeowners insurance? Should I Maintain Homeowners Insurance After Settling My Mortgage? Home insurance vs mortgage insurance Here are several key distinctions between the policies that will assist you in better resolving the confusion between home insurance […]

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