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Thread: Fire insurance for flats in delhi & gurgoan

  1. #1
    PolicyWala NewBie
    Join Date
    Jan 2012
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    delhi
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    Default Fire insurance for flats in delhi & gurgoan

    Please let me know the premium /lakh of flat price in vasant kunj and DLF phase V, Gurgoan both multistoried appartments.
    Is this premium is Income Tax deductable?

    P K Hari



  2. #2
    PW Stalwart Manish_Kumar's Avatar
    Join Date
    Apr 2009
    Location
    Patna
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    268

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    Normal Fire Insurance Rate is 0.60 Paise per thousand. Rate same in Vasant Kunj and DLF phase V.
    No the premium is not deductable in Income Tax.
    Everyone has a scheme of getting rich.. Which never works.

  3. #3
    PW Stalwart
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    Apr 2009
    Location
    Chennai
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    254

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    Quote Originally Posted by pramodhari View Post
    Please let me know the premium /lakh of flat price in vasant kunj and DLF phase V, Gurgoan both multistoried appartments.
    Is this premium is Income Tax deductable?

    P K Hari
    Do you want to cover the building only or Building + Contents Insurance?
    Building Only - 0.60 Paise per thousand of sum insured.
    Building + Contents Insurance - Depends on the contents and sections you have taken. Check any insurance company website.
    You will pick up maximum wrong numbers when on roaming.


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