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Why do Unoccupied Homes in India need Insurance?

5

Jul, 2019

Why do Unoccupied Homes in India need Insurance?

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Unoccupied homes are those properties that have no occupants, i.e., these homes are vacant and neither the homeowners nor the tenants live there. Following are some scenarios, where a property is said to be unoccupied: Today’s work culture requires many of you to travel for most part of the year, so, your house may be unoccupied when you are on some official tour. You might have multiple properties, out of which a few are vacant. You might be travelling onsite for a year or two, for job opportunities or pursuing […]

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