Nepal earthquake increases home insurance demand in India
Thursday, 04 30 2015, Category: Insurance and Reinsurance, Country: India
Phones are ringing off the hook at insurance companies and page views have surged at websites offering policies to cover homes and their contents. The earthquake that tore through Nepal on April 25, killing thousands and reducing scores of buildings to rubble has led to a surge in enquiries about home insurance policies in India.
Such policies are of two types —one covers the structure and construction costs in the event of damage to the property due to natural calamities while the other insures belongings and household contents.
Source: The Economic Times - India