Cover valuable ornaments with a home insurance policy

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If a fire claim is rejected by an insurance company, how and to whom should I escalate the matter? (AP) If a fire claim is rejected by an insurance company, how and to whom should I escalate the matter? (AP)
SummaryIf a fire claim is rejected by an insurance company, how and to whom should I escalate the matter?

one can avail oneself of a personal accident policy, which provides cover to the insured in case of accidental death or disability regardless of the mode of travel.

How can I buy insurance for ornaments put in a locker?

—Bhuvnesh Mishra

Your ornaments can be insured by way of a home insurance policy, which provides a separate cover for the contents kept in the house. You need to check with the insurance company regarding the extent of cover, since it is subject to a limit.

I mistakenly bought two insurance policies for the same car. Can I transfer one of them to my second car?

—Dhruv Sharma

Yes, you can transfer one policy to your second car. A policy availed on a particular vehicle can be transferred to another vehicle of the same class for the balance period of the policy.

As insurance companies use vehicle-related factors, such as model and vehicle age, for premium computation, the policy transfer to your second car may lead to a premium adjustment (additional premium or refund).

The writer is ED, ICICI Lombard

Send your queries at

fepersonalfinance@expressindia.com

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