The five elements that balance the cycle of nature comprise of air, water, earth, fire and ether. They are the basic essentials of our very existence and hence all powerful. They have even appeared in the Vedas as the “panchamahabhutas" or "five great elements." 
 
Just like two sides of the same coin, Mother Nature has a flip side and these elements can create havoc with devastating destructions like floods, earthquakes, storms, lightning, cyclones, etc. Thus, it’s safe to say that nature is unpredictable and these natural calamities can strike anyone, anywhere and anytime. 
 
For instance, let’s take the recent earthquake in North India or <a href="http://www.businessinsider.in/FM-asks-banks-to-ensure-assistance-is-provided-and-tear-is-wiped-off-from-every-eye-affected-by-Chennai-floods/articleshow/50255964.cms">floods in South India</a>. People had to be evacuated and crores of money was spent to put things back in order after the mass destruction. Nobody foresaw that Chennai will witness the wrath of nature. Continuous rains for several days brought the city to a standstill, and people were stranded in their homes or offices and life was crippled for over a month. With no respite in sight, the houses were water logged for 20 days! Even though the probability of these eventualities occurring is low, you still cannot take it for granted. So one of our prudent investors, Mr. Rajesh, immediately sought a <keyword id="482957" type="UNKNOWN" weightage="100" keywordseo="Home-insurance">home insurance</keyword> cover and is now prepared to face such eventualities. 
 
Also read: <a href="http://www.businessinsider.in/MHA-experts-warn-the-government-of-big-earthquakes-in-the-Himalayan-region/articleshow/50467427.cms">MHA experts warn the government of big earthquakes in the Himalayan region</a> 
 
A huge part of your savings and income is spent on a "<a href="http://www.businessinsider.in/Getting-home-loan-at-40-is-easy-now-Try-these-4-steps-to-buy-your-dream-house/articleshow/49014457.cms">dream home</a>". It is your space and an extension of you. Then we wonder why many people don’t go for home insurance? Have you thought of what will happen if nature suddenly strikes NOW and your priced possession is destroyed? Can you estimate the extent of damages and the suffering you have to undergo to make do the huge loss of money, time, effort and other resources? 
 
Hence, from the financial perspective, it is important to secure your home from these possible risks and it makes sense to take a good home insurance cover that will secure your financial future. 
 
Also read: <a href="http://www.businessinsider.in/10-tips-to-get-the-best-home-loan-offer/articleshow/47734735.cms">10 tips to get the best home loan offer</a> 
 
We cannot control nature but can certainly invest in a product that gives you the peace of mind so that and you can be rest assured not to be worried about the consequences. After all, prevention is better than cure! 
 About the author: Mimi Partha Sarathy is the Managing Director of <keyword id="2876179" type="UNKNOWN" weightage="100" keywordseo="Sinhasi-Consultants">Sinhasi Consultants</keyword> 
 
<a href="http://isure.spaceracedigital.netdna-cdn.com/wp-content/uploads/2016/03/Home-Insurance.png">Image source</a>

Natural calamities like floods, earthquakes etc have made people add home risk cover insurance

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Good morning! These are the major stories making an impact on global markets so far today.
Italy Just Passed Major Labor Market Reforms. Italian Prime Minister Matteo Renzi <a href="http://uk.reuters.com/article/2014/10/09/uk-italy-politics-idUKKCN0HX16M20141009">won the most important parliamentary confidence vote</a> of his eight-month-old government early on Thursday on a labour reform proposal.
German Exports Plunged. Germany's outward trade <a href="http://www.businessinsider.com/r-german-exports-plunge-by-largest-amount-in-five-and-a-half-years-2014-10#ixzz3Fdv7yUPo%20">slumped by 5.8% in August</a>, the biggest fall since the height of the global financing January 2009.<a href="http://www.businessinsider.com/r-german-exports-plunge-by-largest-amount-in-five-and-a-half-years-2014-10#ixzz3Fdv7yUPo"> </a>
India Is Braced For A Major Cyclone. India began <a href="http://www.businessinsider.com/r-india-stockpiles-rations-plans-evacuations-as-cyclone-heads-for-southeast-2014-10#ixzz3FdvTFYQm%20">stocking shelters with rations</a>, deploying disaster response forces and planning mass evacuations as an increasingly powerful cyclone hurtled toward its southeast coast on Thursday.<a href="http://www.businessinsider.com/r-india-stockpiles-rations-plans-evacuations-as-cyclone-heads-for-southeast-2014-10#ixzz3FdvTFYQm"> </a>
Facebook Has No "Near Term" Plans To Monetize WhatsApp. Chief executive Mark Zuckerberg said Facebook would <a href="http://www.businessinsider.com/r-facebook-has-no-near-term-plan-to-monetize-whatsapp-ceo--2014-10">not be trying to monetize its newest acquisition</a> in the near future, but didn't clarify further than that.
After Three Years, London's House Prices Are Finally Slowing. A group of surveyors has recorded the <a href="http://www.businessinsider.com/london-house-price-boom-is-ending-2014-10">first drop in prices in the city since 2011</a>.<a href="http://www.businessinsider.com/london-house-price-boom-is-ending-2014-10"> </a>
US Initial Jobless Numbers Are Coming. The numbers are out at 8:30 a.m. ET, and analysts are expecting a reading of 294,000. 
The Ruble Is In Trouble. The Russian central bank was <a href="http://www.businessinsider.com/russia-has-burned-55-billion-to-prop-up-the-ruble--and-its-still-losing-2014-10#ixzz3FdyoAuFu">forced to intervene again in currency markets to defend the ruble</a>, having spent about $55 billion of its reserves defending the currency in 2014 so far.<a href="http://www.businessinsider.com/russia-has-burned-55-billion-to-prop-up-the-ruble--and-its-still-losing-2014-10#ixzz3FdyoAuFu"> </a>
Alcoa Earnings Beat Their Forecast. Rising aluminum prices are boosting Alcoa and <a href="http://www.businessinsider.com/r-alcoa-earnings-beat-wall-street-forecast-stock-rises--2014-10">its latest results sent stock prices up</a> in after-hours trading.
ISIS Now Controls 'More Than A Third' Of Crucial Syrian Border Town. Islamic State group jihadists were <a href="http://www.businessinsider.com/afp-jihadists-control-of-more-than-a-third-of-syrias-kobane-2014-10#ixzz3Fdz3pSNb">in control Thursday of more than one-third of the Syrian border town of Kobani</a>.<a href="http://www.businessinsider.com/afp-jihadists-control-of-more-than-a-third-of-syrias-kobane-2014-10#ixzz3Fdz3pSNb"> </a>
European Markets Are Up. Despite the terrible trade data, Germany's DAX is up 0.82%, the UK's FTSE 100 is up 0.24% and France's CAC is up 0.02%. The Nikkei closed down 0.75%, while the Hang Seng closed up 1.17%.

10 Things You Need To Know Before The Opening Bell

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">ReutersResidents of Port Vila, Vanuatu, walk past debris as a wave breaks</div></div></div>Climate change may still seem far off for some, but for the people of the island nations of Fiji, Tuvalu, Kiribati, Vanuatu, and the Marshall Islands, it is already a disturbing reality. In recent years, cyclones, droughts, and other natural disasters have become commonplace for these Pacific island nations, as well as several other nations. If sea levels continue to rise at their current rates, some of them will be completely submerged within just a few decades, <a href="http://www.ilo.org/dyn/migpractice/docs/261/Pacific.pdf">according to a UN report </a>released at the UN Climate Change Conference in Paris earlier this month."We're being hit with these unprecedented extreme weather events, and as soon as we recover from one, another one occurs," Christopher deBrum, chief of staff for Marshall Islands President Christopher Loeak, told Business Insider.Kiritbati, a nation of 105,000 people in the central Pacific, could be completely submerged in the ocean in as little as 50 years, Kiribati President Anote Tong said at the climate conference. <div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Business Insider/Mark Abadi</div></div></div>Others, like Fiji and the Marshall Islands, have suffered floods and droughts that have destroyed crops and forced entire communities to relocate."We hold grave fears for the people on these outer and remote islands," Oxfam executive director Helen <a href="http://www.ryot.org/vanuatu-cyclone-pam/925003">Szoke said in a statement</a> after Cyclone Pam leveled Port Vila, Vanuatu, and displaced 3,300 people in March. "It's becoming increasingly clear that we are now dealing with worse than the worst case scenario in Vanuatu."For these nations, the Paris conference took on an unprecedented urgency. In a meeting with President Obama, the Alliance of Small Island States pleaded for a treaty to limit worldwide global warming to 1.5 degrees Celsius above pre-industrial levels. <a href="http://unfccc.int/resource/docs/2015/cop21/eng/l09r01.pdf">The final agreement</a>, a historic deal between 195 countries, calls for a limit "well below" 2 degrees and asks governments to "pursue efforts" to limit the increase to 1.5 degrees."I think it's the game of negotiating," <a href="http://time.com/4143972/kiribati-climate-change-refugees-paris-sea-levels/">Tong said at the conference</a>. "But for us it's not a game. It's a matter of survival."Bracing for the worst, several island nations are drawing up plans to relocate their entire populations to other countries. Kiribati has already purchased land in Fiji - more than 2,000 miles away - should climate change render the homes of its people uninhabitable.<div class="KonaFilter image-container display-table"><div><div class="image on-image">REUTERS/Dave Hunt/PoolA boy plays with a soccer ball as his father sifts through debris in Port Vila, Vanuatu, in the aftermath of Cyclone Pam in March. The cyclone displaced more than 3,000 people in Vanuatu.</div></div></div>The situation in Fiji, however, is not looking much better.In Fiji, coastal homes have become routinely flooded during high tide, Attishay Prasad, a doctor with Fiji's Ministry of Health, told Business Insider. Saltwater is destroying sugar cane crops - a driving force of Fiji's economy - and people are contracting a host of water-borne diseases. "It's affecting us at every level of society," Prasad said.Worse yet, climate change is threatening Fiji's critical tourism industry, as resorts are having to undergo costly beach elevation projects."We see the change in front of our eyes," Prasad told Business Insider. "The beaches I used to play in as a child, they're permanently under water."<div class="KonaFilter image-container display-table"><div><div class="image on-image">REUTERS/David GrayBinata Pinata stands on top of a rock holding a fish her husband Kaibakia just caught off Bikeman islet, located off South Tarawa in the central Pacific island nation of Kiribati in this May 25, 2013 file photo</div></div></div>Fiji, with its advantageous mountainous topography, is expected to become a hub for Pacific climate refugees, along with Australia and New Zealand, said Sarika Chand, communications consultant for the Pacific Centre for Environment and Sustainable Development at the University of the South Pacific.At least one village in Fiji <a href="http://www.unocha.org/top-stories/all-stories/fiji-building-resilience-face-climate-change">has been entirely relocated already</a>, moving two miles inland, and more and more residents are flocking to the capital of Suva, which could lead to overcrowding in a city already strapped for resources, Prasad said.The Marshall Islands have been similarly impacted. Officials there declared a state of emergency in 2013 following a months-long drought that led to a drinking water shortage and severe crop damage. Less than a year later, a massive high tide swept through the capital of Majuro, forcing 600 people to evacuate. And in July, Typhoon Nangka tore roofs off Majuro houses and left half the island without power.The intensity and frequency of these weather events will only increase in the coming years, according to the UN report.Unlike Kiribati, The Marshall Islands are not yet considering a mass relocation as an option for its 70,000 people, according to deBrum.For the many Marshallese people abroad, all they can do is watch news updates with bated breath about the Islands."The idea of our island going under water, it's kind of hard to think about," Benetick Maddison, a Marshallese student at Northwest Arkansas Community College and the educational activities coordinator for the Marshallese Education Initiative, told Business Insider. "We're not ready to see it go down under." <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/how-hot-dogs-are-made-2015-12">You will never want to eat a hot dog again after watching how they're made</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="pic3dneTpblqUEi9x0I7qw3g7L_iRfhE" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

You Searched For "Mass evacuation cyclone fani" and got 4 results

Natural calamities like floods, earthquakes etc have made people add home risk cover insurance

Guest Author

10 Things You Need To Know Before The Opening Bell

Mike Bird

These island nations could be underwater in as little as fifty years

Mark Abadi

Mount Everest is clogged with inexperienced climbers, but there's too much money at stake for anyone to do anything about it

Áine Cain,Allana Akhtar