Home is one of our basic necessities. We all have emotional attachment with our home, be it a pigeonhole or a palatial residence. Protecting it through insurance is a must to take care of the unpredictable risks to your house such as fire, natural calamities, burglary, short-circuits etc.
In simple terms, insuranceallows someone who suffers a loss or accident to be compensated for the effects of their misfortune. It lets you protect yourself against everyday risks to your health, home and financial situation.