Personal Finance Why should you take a home insurance? Inclusions, other features explained here Updated : September 12, 2020 03:06 PM IST Home insurance policy not only protects policyholders’ home, but also the contents kept in the home from unforeseen damages owing to natural or man made calamities like a fire, flood or earthquake. It also safeguards policyholders against other unanticipated events like water pipe burst, riots, theft and burglary. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.