Home Insurance offers protection to the house owner, in the event of physical destruction or damage caused to the home building by fire and allied perils like storm, tempest, flood and inundation. It also offers protection to the loss or damage caused to the household articles placed within the house.
Key Features of the Home Building insurance
- Policy can be taken for a longer tenure of up to 20 years.
- Sum Insured should reflect the reconstruction cost, in the event of a total loss.
- Facility to include the financier’s name in the policy.
Key Features of the Home Contents insurance
- Coverage available for contents, appliances, mobile phones, lap top & jewelry.
- No asset declaration or invoices needed at the time of taking the cover.
- Policy can be taken for a tenure of up to 3 years.