What You Should Pay Attention to When Buying Property Insurance?

Property insurance sometimes will be neglected. In fact, it is important to our lives. It can help us to be alert and also reduce the losses. When policy holders buy property, we should note the following:

1. Read the terms carefully.
You should understand the insurance liability of related insurance. And remember to notice the exclusion of liability, the insurance period, payment method and main content, as well as additional insurance and other major content.

2. Fill out the proposal form in detail and faithfully.
You must determine the insured property and insured amount. The most important is you must inform the relevant issues which are asked by insurers accurately without concealment, fraud, or dishonesty.

3. Provide relevant materials.
Provide the relevant certificate documents, books and other materials required by insurers.

4. Pay the insurance premium timely.
Policy holders should pay the insurance premium timely according to the insurance contract. The insurer is not liable for damages if the policy holder is fail to pay insurance premium as agree.

5. Notify the change timely.
During the effective period of insurance, insured should promptly notify the insurer in writing if important change of insurance happens or the risk of insurance mark increased.

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