home loan insurance
4 months ago
i have take insurance against new flat loan but home is not possible to hand over for builder due to aviation .so what can i do ?
A.Dear Client,
If your new flat's handover is delayed due to reasons beyond your control, such as issues related to aviation, you should take the following steps. First, communicate with the builder to understand the specific reasons for the delay and inquire about the revised timeline for possession. Review the terms of your insurance policy to check if it provides coverage or extensions for such unforeseen delays. If necessary, consult with the insurance company to discuss the situation and explore options for accommodating the delay. Additionally, consider seeking legal advice to understand your rights and responsibilities in case of construction delays. Keep all communication documented, and maintain regular updates on the progress of the construction to ensure you are well-informed throughout the process.
If your new flat's handover is delayed due to reasons beyond your control, such as issues related to aviation, you should take the following steps. First, communicate with the builder to understand the specific reasons for the delay and inquire about the revised timeline for possession. Review the terms of your insurance policy to check if it provides coverage or extensions for such unforeseen delays. If necessary, consult with the insurance company to discuss the situation and explore options for accommodating the delay. Additionally, consider seeking legal advice to understand your rights and responsibilities in case of construction delays. Keep all communication documented, and maintain regular updates on the progress of the construction to ensure you are well-informed throughout the process.
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A.Dear Client,
Your query requires more details/information to respond suitably. So, please revert to us with detail information for a specific query to enable us to address the same,
Your query requires more details/information to respond suitably. So, please revert to us with detail information for a specific query to enable us to address the same,
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