Sikkim Earthquake alerts residents to secure Home Insurance
Insurance and Regulatory Development Authority (IRDA) chairman J Hari Narayan reported saying that the the home insurance polices upheld the house owners in Sikkim is being checked through our IRDA department. Industry estimates proved that 2% of India’s homes have been insured to protect themselves over the natural calamities and disasters, etc. Also that crores of rupees are being spent by borrowers every year in terms of repaying the home loan. However the deep study over this also proved that very less sum is being used on spending individual’s properties insurances. The tragic was that 6.8 Richter scale tremor in Sikkim, North Bengal and parts of Nepal and Tibet and very less damage has been taken place wherein the there was traces of shaking ground in Kolkata and also the same in Jharkhand, Orissa and Delhi.
Source: The Economic Times
Bihar, Delhi, Delhi NCR, home loan, IRDA, Jharkhand, Kolkata, Nepal, New India Assurance, North Bengal, Orissa, PSU banks, Sikkim, Tibet
