It is still very difficult to know in advance when and where an earthquake will occur. Recently, earthquakes occurred in areas from Nepal to Delhi-NCR. During this period, there is the greatest risk of loss of life and property. If the intensity of the earthquake is high, houses may also be razed to the ground. In such a situation, if a house built with hard work breaks down, does the insurance company pay for it? Does your insurance provide financial assistance in case of a natural disaster or not? So let us know the answers to these questions. You can know about this in the next slides...
If you also want to be compensated for any damage caused by an earthquake, then you have to take a home insurance plan. If you take this plan, you can get its benefits.
Keep this in mind
If you have taken home insurance, then you have to keep one thing in mind you must add a natural calamity plan to your plan. If you add this plan, you get coverage in case of natural disasters like earthquakes.
At the same time, if natural calamity is not included in your plan and you do not pay attention to it or the company does not inform you about it, then you cannot claim for it in case of loss.
Most of the insurance companies or the brokers from whom you are taking insurance do not tell you about the Natural Disaster Plan. In such a situation, it is your responsibility to talk to them and include them in your plan.
(PC: iStock)