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Insurance Law/General Insurance coverage in event of a Earthquake.

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Question
General Insurance Policy.
General Insurance Poli  

Earthquake
Earthquake  
Dear Denise

http://en.wikipedia.org/wiki/General_insurance
http://en.wikipedia.org/wiki/Earthquake‎

Can Apartment / Bungalow property owners claim their Insurance on occurrence of earthquake ?.

Do General Insurance policies provided by Public or Private limited cos cover insurance coverage for natural disaster such as Earthquake ?.

Awaiting your reply,

Thanks & Regards,
Prashant S Akerkar

Answer
I cannot answer as to how insurance works in India.   It would depend on the actual terms of the contract.  In the USA, earth movement is not a covered cause of loss on the standard property policy- it usually must be purchased as a seperate coverage.  

Hope this helps somewhat.


Denise  

Insurance Law

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Denise

Expertise

I am a licensed Property/Casualty agent in the state of Wisconsin, a Certified Insurance Counselor and a Certified Insurance Service Representive, with a 15+ year background in personal insurance underwriting. I am currently working in the Homeowners and Auto field, and was licensed in Life and Health insurance years ago. I can provide input if you will give me a "one paragraph what`s the story", however depending on the situation, do note that as policy forms and endorsements vary by the state, the information may be general and educational in nature.

Experience

20+ Years

Organizations
CIC, CISR, API

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