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Author Topic: SBI - general property insurance - how it works -  (Read 523 times)

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SBI - general property insurance - how it works -
« on: March 31, 2015, 02:38:49 PM »
sir,
SBI had recently added a general property insurance to my home loan.they didnt share with me any details of how it is being assessed.
how is the property insurance usually assessed..will it be only based on the construction cost or will it based on both land and construction cost as well?
please clarify
what does the legal aspect of this say, as per RBI norms

 

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