A home is the place where you not only reside but it’s your heart and soul which dwells happily in it. It is the biggest ever achievement in your lifetime. It is one of the most valuable asset and important possession which you own. What is it that you like the most about your house the sun-filled kitchen, the shiny marble floors, the entertaining lounger or the comfortable bedrooms? A home is filled with hundreds memories, the décor and interiors that people want to preserve from any kind of calamity or mishap.
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An insurer, or insurance carrier, is selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount of money to be charged for a certain amount of insurance coverage is called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.