Introduction
Home insurance is one of the most important aspects of life. There are many companies that provide home insurance in India. However, you should consider some important factors before choosing a best match. You should analyse your requirements first then look out for a best match.
Bharti Axa General Insurance Company
If you are looking for a private general insurance company that has strong presence in the urban and semi-urban markets, Bharti Axa General Insurance Company is the best option for you. It is a joint venture between Bharti Airtel and Tokio Marine Holdings.
Bharti Axa has been ranked by Euromoney as one of India's Best Stocks in 2019 (ranked 50th globally). The company offers life insurance products with its subsidiaries such as Bajaj Allianz Life Insurance Company Limited; Fortis Life Insurance Company Limited; HDFC Standard Life Insurance Corporation Ltd.; Indian Overseas Bank Ltd., New India Assurance Company Ltd., Tata AIG India Ltd., etc..
Royal Sundaram General Insurance Company
Royal Sundaram General Insurance Company is a joint venture between Royal Sundaram and General Insurance Corporation of India. It was established in the year 1998, and has been providing comprehensive insurance services to its customers ever since then.
The company offers a wide range of policies including automobile, home and travel, business risk coverages as well as health care coverage for both individuals and families. It also provides life assurance products such as term insurance plans which are offered at attractive rates along with other benefits like cash value investments or death benefits upon death of an insured person(s).
Bajaj Allianz General Insurance Company
Bajaj Allianz General Insurance Company is a joint venture between Bajaj Finserv Ltd. and Allianz SE, Germany. It is the first company to introduce the concept of online insurance quotes in India.
Bajaj Allianz General Insurance Company offers a wide range of insurance products through its website www.bajaaglobalinsurance.in
Reliance General Insurance Company
Reliance General Insurance Company is a subsidiary of Reliance Industries Limited. It was incorporated in the year 2003 and is one of the largest private sector life insurance companies in India. With over 80 years of experience, it offers a range of life insurance policies to its clients.
Reliance General Insurance Company's motto is 'For Life'. The company ensures that you get protection for your family members and yourself during retirement or whenever you need it most. A person can take up any kind of policy depending on their needs, interest rate and other factors.
Tata AIG General Insurance Company
Tata AIG General Insurance Company is a joint venture between Tata Sons and American International Group (AIG). It was incorporated in 2010 as a wholly owned subsidiary of the Indian conglomerate, with its head office located in Mumbai.
The company offers personal insurance products such as health/medical insurance, home/life/auto coverages and travel policies to individuals across India through its network of agents or directly through its website at www.taigisurance.com . The company also provides services like accident reconstruction and liability coverage to corporates under packaged plans which are offered through third party distributors such as Reliance Life Insurance Company Limited (R-Life), CESC Insurance Services Limited (CESC) etc..
Tata AIG General Insurance Company has over 1 lakh plus customers including top executives from different sectors like banking & finance , automobiles , defence & aerospace , education etc., who rely on this leading brand for their protection needs
You should analyse your requirements first, then look out for a best match.
You should analyse your requirements first, then look out for a best match. A few things to look at when selecting a home insurance company include the following:
Coverage - The coverage of each policy will vary depending on the type of home you live in and what sort of incidents are covered under it. For example, if you have a single-family house that has been built with brick walls and wooden windows, it may be more expensive than if it was built using steel frames like those found in high rise buildings or apartment complexes. You can also get better rates by choosing a company that specializes in insuring residential properties!
Deductibles - Deductions from your annual premium amount come into play when something happens to damage or destroy your property—and these deductions are used towards paying for repairs/replacement costs (or other expenses). The higher deductible amount means lower monthly payments but could mean increased premiums over time due to higher repair costs due mainly from having low deductibles coupled with less overall coverage amounts available within certain policies offered by various insurers across India today).
Conclusion
Hopefully, this article has helped you get a clear idea about the importance of home insurance. If you need any help in getting the best plan, please feel free to contact us at [email protected]
