Key Features:

• 10 Sections for Complete Coverage:

  • Fire and Allied Perils (mandatory)
  • Burglary and Housebreaking
  • All Risks for Jewelry and Valuables
  • Breakdown of Domestic Appliances
  • TV Set (including VCP/VCR) – All Risks
  • Pedal Cycles (All Risks)
  • Baggage Insurance
  • Personal Accident
  • Public Liability

• Flexibility: Choose a minimum of three sections, including the mandatory Fire and Allied Perils section.

• Discounts: Save on premiums by opting for more sections.

• Market Value Coverage: Ensures you receive adequate compensation for damaged or stolen items.

• Replacement Value for Appliances: Provides coverage for the current replacement cost of new appliances.

How to Select Sum Insured:

• Group household items into broad categories (furniture, clothing, utensils, etc.).
• Determine the market value for each category.
• For appliances, use the current replacement value of a similar new item.
• Personal Accident sum insured should not exceed 72 months’ salary.

This policy offers a convenient and comprehensive solution for homeowners and renters, providing financial protection against a wide range of risks to their property and belongings.