Safeguard your future with insurance

1. Safeguard your future with insurance What is insurance? Factors such as lighting, cyclone, floods, riots, theft, an explosion can pose a considerable risk to your home and property, and belongings. Based on the policy and premium you have paid, your home can be protected. The following are covered under home insurance: 1) Property Floods, riots, cyclones can destroy your home and property. A home insurance policy will protect your property in case such events occur. 2) Laptop and devices If your laptop has been destroyed in case of accidents or theft, this will be covered by the insurance company. 3) Jewellery If there has been a theft of your jewellery, the insurance company will cover the costs for you. 4) Appliances Your policy can replace appliances that have been damaged due to an accident or electrical breakdown. How do you get a policy? You can either go online and buy a policy that suits your needs or approach an Insurance pos agent. They will guide you on what policy to buy and the premium which you need to pay yearly for the policy. Customized policies are available based on your risk profile. A risk profile is an evaluation of a person's exposure to risk. There are different types of available policies such as health insurance policy, home insurance policy, motor insurance, etc. A life insurance policy helps protect your family in case of death. When filling the policy form, there will be a place where you have to fill in the nominee. A nominee is a person who would receive a certain amount in case of death of the earning member. So, buying this policy will ensure your dependents can continue living their life without disruption. In conclusion, while earning today, it is also essential to secure your future. It is a must to secure your future and that of your family's by buying a policy.