Is home loan protection insurance tax deductible?

Is home loan protection insurance tax deductible?

You can avail of tax deductions under Section 80C of the Income Tax Act 1961 on the premium you are paying for a home loan protection cover.

Is it worth having home insurance?

It is a good idea to take out home contents insurance to cover your possessions against fire, theft and other risks, such as accidental damage. If something happens to destroy or damage your possessions, it can cost a lot of money to replace them items, some of which may be essential.

Is my kitchen covered by contents insurance?

Insurance policies usually consider fixtures and fittings (for example a fitted kitchen or a bathroom suite) as buildings, while carpets are usually covered under contents insurance.