Benefits of Home Insurance Policy


Home Insurance/House Insurance Policy is a service that you can purchase for your home and/or its contents to stay protected from risks of losses or damages that may be caused to them by any unforeseen events. Certain incidents can lead to sudden and huge expenses, which you are generally not prepared for. In such instances, Home insurance policy will safeguard you from suffering from financial setbacks at that time, ensuring complete protection to you, your family and your Home. There are many insurance companies providing safety to house owners by providing various types of home insurance policies.

Home Insurance/House Insurance Policy provides coverage for losses or damages caused to properties or contents by an unfortunate event – natural and accidental. It is not just limited to Landlords who buy property insurance to those who have home ownership; it can also be purchased by tenants living in rented properties for their contents. You get the option to insure either your home or its contents, or both. The services stay enabled for you even when you are away from home, ensuring you have a stress free trip. It gives you an all risk Comprehensive Insurance coverage to secure your assets at affordable home insurance premium rates. You can opt for Home Insurance Policy for up to 3 years, making your policy purchase hassle-free

Key benefits Home Insurance Policy:  Home Insurance/House Insurance services provide complete protection for property, contents and interests of the insured and their family members in a single policy. You get to opt for Fire Insurance Policy which covers the cost of replacement or repair and reconstruction of property and contents in case of damage from fire and allied perils including Earthquake and other natural perils. It covers your home against loss from burglary and theft. It also covers the contents of your home, including portable equipment, even on a worldwide basis. It provides cover for jewellery, valuables and works of art kept at your home. You get additional benefit of rent for alternate accommodation in case you have to relocate temporarily from your home due to a peril. Home Insurance/House Insurance Policy comes with useful add-ons to provide you with a complete protection. You get to opt for Property Insurance or insure only your contents, or both.

Coverage under Home Insurance Policy:  Loss or damage to content: You will be compensated in case of loss/damage to your furniture and fixtures, electronic items, kitchen items, clothing and personal belongings as well as other products, which you have insured at the time of purchasing the policy. Loss or damage to portable equipment anywhere in India: We will indemnify you in respect of the accidental loss or damage to “portable equipment” anywhere in India. However, on payment of additional home insurance premium, the coverage for “portable equipment” may be extended to worldwide. Loss or damage to jewellery and valuables: The policy will indemnify you in respect of the accidental loss or damage to “jewellery and valuables” anywhere in India. However, on payment of additional home insurance premium, the coverage for “jewellery and valuables” may be extended to worldwide. Loss of or damage to “curios, works of art and paintings” whilst stored or lying in your Building: We will indemnify you in respect of the accidental loss or damage to  curios, works of art and paintings  whilst stored or lying in your building.


SSN Sastry

SSN Sastry

Senior journalist having worked with leading and English dailies and magazines as Sub Editor, Senior Sub Editor and edition in-charge and Senior/Chief Reporter and Special Correspondent.

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