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.
Householder Insurance Policy offers comprehensive protection for your home (residential building) and its contents against a variety of risks. This is a composite policy spilt into ten sections covering number of contingencies. Minimum of three sections are necessarily to be taken, out of which Section IB relating to coverage of contents against Fire and allied perils is compulsory. Section-wise coverage is as follows
| Sections | Type of Insurance | What is covered | What is not covered |
|---|---|---|---|
| I | Fire (Replacement Value) | Loss to the residential building, household goods & personal effects - as per Fire Policy + Earthquake Risk. | Loss to money, securities, livestock, motor vehicle, documents |
| IIA & II B | House- Breaking | A. Housebreaking including Larceny and Theft B.Housebreaking excluding Larceny and Theft | Loss to money, securities, livestock, motor vehicle, documents |
| III | All Risks | Loss or damage to Jewellery, Valuables etc. due to accident or misfortune | Theft from car (saloon) except when stolen while properly locked. Loss caused by moth, mildew etc. |
| IV | Plate Glass | Accidental breakage of fixed plate glass | Scratches on the glass |
| V | Domestic Appliances Including TV Set | Damage to electrical appliances (refrigerator, mixer etc.) due to electrical or mechanical breakdown | Loss due to faults existing before insurance or for which the supplier or manufacturer is responsible |
| VI | Personal Computer & Lap Top | All risks subject to specified exclusions. | Loss due to wear & tear faults defects existing at commencement of the policy, for which the manufacturer is responsible |
| VII | Pedal Cycle | Loss by Fire & allied perils Housebreaking / Theft, Accidental external means | Loss by mechanical breakdown |
| VIII | Baggage | Loss to accompanied baggage by accident or misfortune | Loss of cash, jewellery loss within the municipal limits |
| IX | Personal Accident | Death or bodily injury by accidental, external violent, visible means including Medical Expenses resulting from accident & weekly compensation during hospitalization in Hospital only. | Suicide or attempted suicide, self -injury, death or injury resulting from the Insured committing any breach of law with criminal intent. |
| XA | Public Liability | Legal liability of the Insured to the public for bodily injury or accidental death - Rs.25, 000/- | Liability to family members & employees |
| XB | WC | As per WC Act | Liability to public & family members |
General Exclusions
This policy does not cover loss or damage to Home & its contents;
