What type of Home insurance shall I buy?

The coverage under the insurance policy depends on the type of the policy you buy, It gives a number of options for wider scope of coverage at extra premium. For e.g. one may be able to insure against terrorism by paying additional premium. Similarly, by limiting coverage to a few sections or by opting for higher deductible, one may be able to save premium as well. The actual coverage depends on the choice of the proposer, The package of covers could have common terms, general conditions and General exclusions for all sections; as also specific terms, conditions and exclusions for specific sections of the policy, You must read the prospectus and understand the protection offered under policy, In case you have any doubts, you can ask the insurance agent, bancassurance or broker or concerned insurance company officials before purchasing policy.