Theft insurance in India

12/18/2013 10:17:45 PM

Not quite sure how Indian insurance companies work or what kind of coverages they offer…

But as a licensed Property and Casualty agent in the US, I know that insurance carriers have something called a “Personal Articles Floater” (PAF) that is a type of policy that will give you worldwide, all-risk coverage for your personal property.
* Ex: People use PAFs for insuring high-value, jewelry etc.

Some carriers in the US offer a similar protection of this type as part of a homeowners insurance policy (but it comes with a higher deductible should a claim occur).

Look at your homeowner’s policy, if you’ve got one, and see what would be covered and whether there are any exclusions or limits (i.e jewelry might be covered up to USD$1000, etc). Otherwise, talk to a knowledgeable insurance agent about a PAF.

However, the cost of insurance is something you also need to consider in comparison with the value of the belongings you’re insuring.

Credit:stackoverflow.com‘

About me

Hello,My name is Aparna Patel,I’m a Travel Blogger and Photographer who travel the world full-time with my hubby.I like to share my travel experience.

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