property insurance

Property insurance is an essential aspect of protection, since each of us has properties and it must be carefully taken care of. Let's look at the importance of property insurance: it's the protection against property risks such as fire, theft and some other damages such as damage caused by natural catastrophes such as earthquakes, erosion, floods and nuclear incidents, including war is also included.

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Let's look at the origin of the history of ownership insurance. According to the survey, it was back to feed London's big fire. Some people tried fire insurance, but there was no sense, but in 1681 a man became known as NICHOLAS BARBON, an economist, and eleven employees directed at the first insurance company in London. In the aftermath of the first successful company, many comparable companies were focused in the coming years; They also began to provide their customers with fire insurance to protect their belongings. The first property insurance company was formed in 1710 by many mergers and acquisitions. In colonial America, Benjamin Franklin has helped to ensure property insurance a lot, and especially the insurance company, to improve with the risk of fire damage.

 https://www.aig.co.uk/

We also have a policy cover covering cover costs, which pays costs for repair or replacement of your property. Premium is for the type based on compensation of cost values. Extended replacement fee pays coverage limit when building price has risen. In the event of the trademark, the entire contents of the unknown company will be damaged, calculated as a percentage of the value of the property. So you must meet your insurance company for advice on proper coverage and determine what exactly the restriction applies to you applies.


In India, the brand insurance company is responsible for the full fire price from India which sets the price for premium and coverage. In India, the fire brigade is renamed to the natural fire an individual policy. The insurance fund's coverage for risks includes; housing, offices, stores, hospitals, manufacturing facilities, industries, industrial companies, machinery, accessories, stock risks, gas containers outside the industry association.

https://www.oldmutual.com/


the following causes of loss are covered: lightning, fire, aircraft damage, riot attacks, terrorism, cyclones, typhoons, storms, floods, damage, splinters or overflows. While the following are excluded from the insurance coverage. Injuries caused by war, civil war and associated dangers, loss or damage caused by a nuclear activity, loss or deterioration of inventory in storage caused by a change in temperature, loss due to overtaking of electrical machinery. In the event of a claim protected by the insurance policy, the insured must inform the insurance company. Within 15 days of the occurrence of such loss, the insured must submit a written claim indicating the details of the damage and their estimated value.