Need for a Higher Alert

Chandralekha Mukerji

Need for a Higher Alert

Article

http://businesstoday.intoday.in/ A standard home insurance brochure tells you that the policy will protect the structure of your house and its contents from perils such as fire, flood and earthquake. In case of loss due to risks listed in the document, the insurer will pay on the basis of the house’s reconstruction cost. The reinstatement value is calculated on the basis of the built-up area and the construction cost, generally fixed by the company.
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