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Q.

In what circumstance can a Property Insurance claim be rejected?

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1

3 Year

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1) Your property's normal ageing will not be considered in the calculation of damage for an insurance claim if it develops any visible or slow cracks over time.

2) You must take proper care of your house because you are the owner. Because of this, insurance wouldn't accept claims resulting from interior leakage brought on by faulty plumbing that you were aware of.

3) Your insurance coverage will not accept a claim for any damage or harm to your property primarily brought on by landslides. It can be because of poor design, poor construction, or the use of poor materials.

4) Your claim can be rejected if the property is left open to further damage and reasonable measures aren't taken to reduce the scope of the damage.

5) If you forget to pay your premium, your claim will be rejected. Keep in mind that if you don't pay your premium on time, the policy could fail. Then you wouldn't receive any insurance at all.

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