When it comes to safeguarding your home, understanding the nuances of insurance coverage is crucial. While the terms “fire insurance” and “homeowners insurance” might seem interchangeable, they offer distinct levels of protection. This article delves into the key differences between these two types of insurance, with a special focus on Bharat Griha Raksha Insurance, to […]

Claims under a fire insurance policy should be reported immediately to the insurance company to ensure timely settlement of claims. Once the claim is intimated to the insurance company, you should give a brief description of the accident and mention the extent of loss or damage to the property. Damage or loss to the property […]

Fire insurance is the basic and oldest form of property insurance available in the World. It would be almost impossible to imagine a property insurance policy without a fire insurance plan. Given the importance of fire insurance policy, it is advisable to understand how to get the most out of your fire insurance policy. Select […]

The Indian property insurance landscape, long reliant on traditional methods, is experiencing a rapid shift propelled by artificial intelligence (AI). This disruptive technology promises increased efficiency, personalized protection, and proactive risk mitigation, redefining the industry for both insurers and policyholders. Let’s explore how AI is revolutionizing key aspects of property insurance in India. Fraud Detection: […]

If I ask you how many of you have a Fire Insurance policy for your home? Chances are unless it was enforced upon you by the bank you got your loan from, 90% of you might say you don’t have one. Let’s understand the fire insurance premium rates for your home with the following example: […]

An enterprise, big or small, is the culmination of years of effort and a lifetime of investment. Our business is protected from any evil eye by all means before it is set up, especially in India. However, is our business prepared for disasters? Has it been protected against fire damage? What are the commercial fire […]

We buy fire insurance to protect our property. The property may be residential or commercial, owned or rented. Insurance not only provides protection against natural or man-made disasters but also assures policyholders that in the event of any unfortunate event, the insurance company is there to assist in any way. In order to ensure a […]

It is vital to understand the operation of an insurance contract in order to look into the aspect of determining the sum insured under the policy. A contract of insurance is defined as “a contract whereby one party, called the Insurer, in consideration of premium paid by another party, called the Insured, agrees to indemnify […]