Insurance for natural disasters: Points to keep in mind while buying it?

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Insurance for natural disasters: Points to keep in mind while buying it? - Business Standard

Quick Summary:

In this context, insurance emerges as a vital tool for financial security and resilience against such disasters.

India is a country known for its diverse geography and climate and is highly susceptible to natural disasters such as floods, cyclones, earthquakes, and droughts.

The industry should also take a cue from these challenges and tailor more products for different regions and demographics to mitigate climate-related risks,” said Shilpa Arora COO and co-founder of Insurance Samadhan.