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Term insuarance on rented property pincode

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27 Jul, 2023 by  Tarun Gupta

Is there any issue if I take term insurance on my rental property pincode instead of my permanent address, my hometown?

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08 Aug, 2023

Hello Tarun,

No, there won't be any issue as such. Generally, insurance companies ask you for both permanent and temporary address (also known as communication address) when you fill the term insurance proposal form. All communication from the insurer - the policy and other docs will be couriered to the communication address instead of the permanent address.

Hope this clarifies! Thanks!

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