GEOLOGY

Detailed explanation-1: -Any intentional loss, like if the policyholder damages his property himself, the damages will not be covered by the insurance company. Any pre-existing damage like any wear and tear or any defects. There could be damaged because of rodents at home and most of the standard insurance policies will not cover this.

Detailed explanation-2: -Usually, travel insurance does not cover the policyholders’ existing medical issues. Before traveling, if you have an illness or health issue, your insurance will not pay for it. The insurance plan is unlikely to pay for treatment for a pre-existing medical condition if you seek it while on vacation.

Detailed explanation-3: -Comprehensive Home Insurance Plan:This policy apart from covers risks posed by natural disasters such as flood, earthquake, lighting, inundation, storm in addition to Fire, riots, strikes etc. In addition it also provides a comprehensive solution for all risks arising out of burglary, larceny and theft.

Detailed explanation-4: -What is buildings insurance. Buildings insurance covers the cost of repairing damage to the structure of your property. Garages, sheds and fences are also covered, as well as the cost of replacing items such as pipes, cables and drains. Your insurance should cover the full cost of rebuilding your house.