Diwali is one of the biggest and most widely celebrated festivals in India. It is a festival celebrated with lights, sweets, gifts, crackers, and merriment. The festival is a week-long affair where every day has a special significance.
Dhanteras, Choti Diwali, Diwali, and Bhai Dooj are celebrated with family and close friends. There is merriment, fun, food, and celebration all around.
However, we face a few risks to our health and property which cannot be avoided during this fun-filled festival but indeed can be reduced or controlled if we all put in our efforts individually.
Fire and burns
Crackers and diyas, which are a staple of Diwali, have fire hazards. They pose a threat of causing fire to your home, vehicles and other possessions
Similarly, your body is also exposed to the high risk of burns associated with bursting crackers.
The risk vs benefit analysis of home-ownership
For homeowners, the risks can often and suddenly far outweigh the gains if cautionary steps are not taken.
For example, Diwali celebrations are often associated with the bursting of crackers and the lighting of diyas which can lead to untoward fire incidence and the loss of a house.
The home insurance coverage also includes burglaries, theft, loss or breakdown of appliances etc.
This is why if there is a case of robber/theft of your recently purchased Dhanteras jewellery, damages to home appliances like washing machine, or refrigerator over the course of a fun party, or an unforeseeable short-circuit causing damage to appliances, a comprehensive package covers your losses best.
Most people purchase a home on a mortgage wherein they save on the rent by staying in their own home but if some such unfortunate incidence of fire or flood makes the home uninhabitable, not only will they continue to repay their loan but at the same time they will also have to shift to an alternate accommodation on rent.
This could place the homeowner in a difficult financial situation.
To avoid such a situation, one can also specifically opt for rent for alternate accommodation cover following an insurable loss under the policy.
This puts the owner in a financial position similar to that before the happening of such incident
One may also opt for an annual cover or a long-term discounted cover of 10 to 15 years and the premium chargeable is quite nominal.
For example, insuring a home with a cost of Rs 25 lakhs for a period of 10 years may just cost about Rs 6000 which is less than Rs 2 a day!
Feel safe in the warmth of Diwali
While a lot of traditions have undergone transformations, the season of Diwali has traditionally been an auspicious time to begin big projects. Each big dream begins with tiny steps.
So this Diwali whether you are planning to purchase a house or are already a homeowner, gift yourself with the safety net of a home insurance policy and feel secure in the warmth of the festive season.
How Do WE help you?
And many more benefits waiting for you.
We at CKP assist you in providing Home Insurance adhering to your needs and requirements. We do understand the importance of a swift response and also assist you in getting your claims approved in a brisk too.
Book an appointment with us to understand more about the benefits .You can reach out to us at info@ckpinsurance.in or +91 9920099273.
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