Home Insurance
This Section covers loss or damage to electronic equipments like computers, fax machines, accessories etc. including data carrying material which are installed in your home.
Fire and Allied Perils (Section1)
In this Section your residential building as well as various types of contents are covered against fire, explosion, bursting/overflowing of water tanks, riots, strikes, malicious damage, earthquake, flood, cyclone, landslide etc.
Burglary and other Perils (Section 2)
This Section covers the same properties as in Fire and Allied Perils Section against housebreaking, berglary, robbery or dacoit and also impact damage by falling trees/electric poles/lampposts, breakage or collapse of television or radio aerials /satellite dishes and damage by civic authorities in prevention of fire.
All Risk (Section 3)
This Section covers valuable items such as jewellery, items of gold, silver and other precious metals or stones, watches, clocks, photographic equipments, video cameras, telescopes, microscopes, cameras, musical instruments, sporting equipments including guns against accident or misfortune anywhere in India.
Fixed Glass and Sanitary Fittings (Section 4)
This Section covers accidental breakage of fixed glass and sanitary fittings in your premises including cost of frames/ frames work, lettering/painting etc. and also accidental damage to goods of your home caused by such breakage
Electronic Equipment (Section 5)
This Section covers loss or damage to electronic equipments like computers, fax machines, accessories etc. including data carrying material which are installed in your home.
Home Entertainment Equipment, Portable Computer/Mobile Phones and Pedal Cycle (Section 6)
This Section cover loss or damage to television/video equipment installed in your home, portable computer, mobile phone and electronic diary including data carrying material by accident or misfortune anywhere in the world.
This Section also covers your pedal cycle against accident or misfortune including third party legal liability for accidental injury, death or property damage caused by the pedal cycle.
Breakdown of Electrical/Mechanical Appliances (Section 7)
This Section covers sudden and unforeseen electrical or mechanical breakdown of electrical or mechanical appliances installed in your home such as air conditioners, refrigerators, washing machines upto 7 years of age.
Personal Accident (Section 8)
This Section covers you and your family members against accidental bodly injury leading to disablement (either permanent or temporary) or death along with free additional benefits such as damage to clothing, dead body carriage cost, ambulance charges, loss of employment benefit, education fund for children and rehabilitation cost for insured person to adjust to injuries as well as modificaion cost of house or vehicle following such injuries.
Baggage (Section 9)
This Section covers loss or damage by accident or misfortune to baggage belonging to you and your family members being carried on a journey anywhere in the world for holiday or business purpose.
Liability (Section 10)
This Section covers you against liability to general public for accidental death, bodily injury or property damage as well as liability to your employees for any injury or death arising out of and in course of employment with you under the Workmen Compensation Act etc. This Section also covers your legal liability as a tenant under Tenancy Agreement to your landlord for damage to building, electrical installations and other fittings of your home due to perils covered under Section 1 and 2 of this Policy.
EXCLUSIONS
Some of the important Exclusions under the Policy are as follows:
- Damage as a consequence of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, rebellion, revolution etc.
- Any damage due to confiscation, commandeering, requisition or destruction by order of any government or lawfully constituted authority.
- Any damage directly or indirectly caused by or contributed to or arising from ionising radiation or contamination by radioactivity.
- Depreciation and damage caused by wear and tear or gradual deterioration.
- Damage to property and contents due to pollution of any kind.
Besides these, there is some other Exclusion that are specific to particular Sections of the Policy.