Why it is crucial to take a ‘fire and allied perils’ cover
Nov 13 2012, 04:25 IST
a fire loss covered under the fire insurance policy, it is recommended that the insured should notify the insurance company immediately. It is important to submit a claim in writing, giving the details of damage, other insurances on the same property and their estimated values within 15 days of the occurrence of such loss the insured.
A claim for loss by fire must satisfy certain conditions as mentioned in the policy document. Make sure your most important asset — your home — is adequately protected this Diwali, so that you can enjoy the festival of lights in all its gaiety and with a complete peace of mind.
The author is senior vice-president, Consumer Lines, Tata AIG General Insurance
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