Householder Insurance Policy 



What is Householder Insurance Policy?


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.


What is covered & not-covered by Householder Insurance Policy?


Inclusions   

·         Loss to the residential building, household goods & personal effects - as per Fire Policy + Earthquake Risk.

·         House breaking including Larceny and theft for temporary removal of contents. Up to 120 days- cover available for 10% of sum insured only

·         Loss or damage to Jewellery, Valuables etc. due to accident or misfortune

·         Accidental breakage of fixed plate glass

·         Damage to electrical appliances (refrigerator, mixer etc.) due to electrical or mechanical breakdown.Sum insured should be its new replacement value

·         All risks subject to specified exclusions.

·         Loss by Fire & allied perils Housebreaking / Theft, Accidental external means

·         Loss to accompanied baggage by accident or misfortune

·         Death or bodily injury by accidental, external violent, visible means resulting from accident & weekly compensation during hospitalization in Hospital only.

·         Legal liability of the Insured to the public for bodily injury or accidental death

Exclusions 

·         Loss to money, securities, livestock, motor vehicle, documents

·         Theft from car (saloon) except when stolen while properly locked. Loss caused by moth, mildew etc.

·         Scratches on the glass

·         Loss due to faults existing before insurance or for which the supplier or manufacturer is responsible

·         Loss due to wear & tear faults defects existing at commencement of the policy, for which the manufacturer is responsible

·         Loss by mechanical breakdown

·         Loss of cash, jewellery loss within the municipal limits

·         Suicide or attempted suicide, self -injury, death or injury resulting from the Insured committing any breach of law with criminal intent.

·         Liability to family members & employees