Home is an environment offering affection and security. To ensure complete security & protection against accidental damages Householder policy provides cover both to building and its contents.
This is a package policy specially designed to meet the insurance requirements of a householder by combining under a single policy, a number of our standard policies usually taken by householders.
Scope of Cover
- This covers loss of or damage to the building/contents by fire & allied perils, such as riot, strike, lightning, explosion, flood, cyclone, inundation earth quake etc. (for further details please contact nearest office), Burglary & Housebreaking including larceny and theft.
- All Risk cover to loss or damage to jewellery & valuables caused by accident whilst anywhere in India.
- Loss or damage to domestic appliances caused by mechanical and/or electrical breakdown. Sum Insured in respect of each item should be its new replacement value.
- loss of or damage to the television apparatus and VCR/VCP in insured premises by fire and allied perils, burglary and/or housebreaking Or theft, accidental external means and mechanical or electrical breakdown.
- Loss of or damage to fixed plate glass in the insured premises by accidental breakage.
- Public liability cover
- loss or damage to Insured’s accompanied baggage by accident or misfortune whilst the Insured is on tour or holiday anywhere in India.
- The Insured, his spouse and his children, all between the age of 5 and 70 years can be covered under this section. The insurance covers death, permanent total disablement, permanent partial disablement and Temporary total disablement.
Exclusions
- Houseowner policy does not cover loss or damage due to subsidence, landslip, riot, strike and malicious damage. However, you can cover these exclusions with payment of additional premiums.
- Extensions are also available to cover loss of rent and liability to third parties for accidents in your house.
- Householder policy does not cover theft claim if there is no evidence of forced and violent entry or exit.
