Whether you’d like to protect a commercial building or your residential apartment; a building insurance is a customized insurance policy that will help protect your building from unforeseen circumstances such as fires, burglaries, natural disasters and other risks.
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What is Building Insurance?
Whether you’d like to protect a commercial building or your residential apartment; a building insurance is a customized insurance policy that will help protect your building from unforeseen circumstances such as fires, burglaries, natural disasters and other risks. Buildings insurance also covers the cost of repairing damage to the structure of your property. Garages, sheds and fences are also covered, as well as the cost of replacing items such as pipes, cables and drains. This type of insurance should also cover the full cost of rebuilding your house. This also includes the costs of demolition, site clearance, and architects’ fees.
Building Insurance should be purchased by:
- Home Owners
- Renters
- Small Business Owners
- Medium Business Owners
- Large Enterprises
What does Building Insurance cover?
- Fire
- Theft
- Calamities
- Accidents
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Bangalore, Karnataka
Features and Benefits of Building Insurance?
- Complete Coverage: Building insurance does not only help protect your property (i.e. your building or store) but also the contents within it, ensuring your pocket is steered away from all possible losses. Additionally, many insurance providers also provide for add-ons to increase your coverage as per your needs.
- Reduces Business Risks: Building insurance also comes with customized policies to protect your shop and its contents, thus reducing the risk of business losses in the occurrence of events such as a fire, earthquake, flood or a burglary.
- Peace of Mind: Whether it’s your store or your home, both hold a large amount of financial significance. Building insurance prevents you from facing significant losses in occurrence of unforeseen circumstances and thus ensures you don’t have too much to worry about, because your insurance provider will have your back!
- Timely insurance payouts allow families to go through the rebuilding process (if any) quickly, helping them to move on and get back to their normal daily lives.
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Why is Building Insurance important?
Although it is not required to have one by law, a building insurance will help protect your building from unforeseen circumstances such as fires, burglaries, natural disasters and other risks. Whether you’d like to protect a commercial building or your residential apartment, it’s essential that you purchase one.
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