We can see around The Trends growing in the severity of weather-related natural events – storms, rains etc.
If you are a resident of any major Indian city especially Bangalore, you have a special meaning related with rains.
Rains for you, often means unbearable traffic jams, water logging, vehicle damage or even poorer, damage to your home as the waters rise.
So what should you do?
Get Insurance For Your House :
Mostly House insurance costs only a few thousands of rupees each year. By investing in a good home insurance policy, also referred as homeowners insurance, you can safeguard your home from threats. Situations like flood, fire, earthquake or destruction of the house due to riots are quite common in India.
Don’t wait for a calamity to remind you the need of buying a home insurance, opt for it beforehand
Get Insurance for all your household contents :
Again it may cost only a few hundred rupees. You might buy a washing machine worth tens of thousands but lose it due to a flood or other natural calamities it really a Financial Hit because you didn’t take
Get Insurance for your car :
Bengaluru has been battered by heavy showers over the last few weeks.it has brought the city to its knees. Many cars have been damaged due to waterlogging. So it has surely hit many car owners financially. For avoiding this finically hit in future get a car insurance which Includes protection against flood damage to all relevant parts.
Emergency fund :
To cover any damage to your home or car that insurance doesn’t cover and for damages that are simply too unpredictable. A debt mutual fund or an FD is a good place to keep this money in.
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