Home Insurance:
Home insurance is a comprehensive package designed to address the insurance needs of homeowners by combining multiple standard policies into one. This policy includes the following sections:
Section I - Fire & Allied Perils:
• Building Coverage: Protects the structure of the home.
• Contents Coverage: Covers belongings of the insured and their family members living with them.
• Allied Perils: Includes protection against fire, lightning, domestic gas explosions, water damage from tanks or pipes, aircraft damage, riots, strikes, malicious or terrorist acts, earthquakes, floods, storms, and impact damage.
Section II - Burglary & Housebreaking:
• Provides coverage for loss of household contents due to burglary, housebreaking, larceny, or theft.
Section III - All Risks (Jewellery & Valuables):
• Covers accidental loss or damage to jewellery and valuables anywhere in India, up to the value declared.
Section IV - Plate Glass:
• Covers accidental breakage of fixed plate glass in the insured premises, subject to the sum insured limit.
Section V - Breakdown of Domestic Appliances:
• Protects domestic appliances against sudden and unforeseen mechanical or electrical breakdowns.
Section VI - TV (All Risks):
• Covers loss or damage to television sets and other electronic items due to fire, burglary, accidental breakage, or mechanical and electrical failures.
Section VII - Pedal Cycles (All Risks):
• Covers loss or damage to pedal cycles caused by fire, burglary, theft, accidental external damage, and third-party personal injury.
Section VIII - Baggage Insurance:
• Covers loss or damage to baggage while traveling within India due to accidents or misfortunes.
Section IX - Personal Accident:
• Provides coverage for accidental death or bodily injury resulting from violent, external, and visible means, up to specified limits.
Section X - Public Liability:
• Covers legal liability for bodily injury or property damage to third parties and workmen's compensation liability for domestic servants on the insured premises.
