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Frequent Contributor
Posts: 90
Registered: ‎02-08-2016

Is there any long term policy or do I need to renew my home insurance every year?

Is there any long term policy or do I need to renew my home insurance every year?

9 REPLIES
SajidSilawat
New Member
Posts: 1
Registered: ‎05-05-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

policy helps avoid such a situation because the policy does not have to be renewed for two or three years depending on the tenure of the policy

hetalrawat
New Member
Posts: 1
Registered: ‎05-05-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

There are policies which are for long term and you can pay premium for one, two or three years
naim
Occasional Visitor
Posts: 1
Registered: ‎05-05-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

you can pay one premium for home insurance policy for long term…..that depend on tenure u take

vinodsapra25
New Contributor
Posts: 2
Registered: ‎05-05-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

There are policies which are for long term and you can pay premium for 1,2 or 3 years..

vinodsapra25
New Contributor
Posts: 2
Registered: ‎05-05-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

There are policies which are for long term and you can pay premium for 1,2 or 3 years..

 

Pritiagarwal
Visitor
Posts: 1
Registered: ‎05-05-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

There are policies which are for long term and you can pay premium for one, two or three years
arupdas726
New Member
Posts: 1
Registered: ‎05-05-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

No long term policies not require every year renewal only accidental fire insurance etc. Need to renew every year so rajesh no need to renew they are automatically renew by their terms n condition #HDFCERGOCommunity
Pushpapanwar
New Contributor
Posts: 3
Registered: ‎08-04-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

Basically home insurance policies are long term.Still you wish,then go for it,but you do not need to renew each year for sure
Rahul Jain
Occasional Visitor
Posts: 1
Registered: ‎08-05-2017

Re: Is there any long term policy or do I need to renew my home insurance every year?

Hi,
Congratulations to you, for opting to go for a home insurance and insuring the most priced possessions of the family.

YES, There are long term policies, that you can opt for up to the period of 5 YEARS.

The best part is that risk from fire is covered in the policy and you can also opt to insure your possessions by opting to cover the risk from burglary.

Thanks.!