Earthquake Insurance: 7 Things You Need to Know
Bangalore: The very recent earthquake in Indonesia has left people not only there but also in India in a state or terror and shock. As various parts of India were hit by the after-shocks of the massive earthquake, many people have pushed the panic button.
Literal earth-shattering news like this makes us re-evaluate our lifestyle. If you are concerned about safe-guarding your family against earthquakes, then take the necessary steps. OracleThinkQuest has collated some precious information from Dharam Bir Gaba, Haryana Vidhan Sabha MLA, and Deputy Superintendent of Police, regarding all you need to know about earthquake insurance –
1. Insurance Scenario in India
India might be the 2nd most populous country but it sure lags behind in the number of insured people. There is still a very big chunk of the working population which refuses to get any form of insurance, be it – life or health. This type of attitude is a pressing problem in our country. So, it is even rare that Indians go for earthquake insurance. As only a few parts of India have witnessed more number of earthquakes, most Indians in general do not give earthquake insurance any thought. We do have earthquake insurance in India but mostly business ventures go for this.
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