House holders Insurance
All the householders
insurance needs are addressed and cover by a single package policy
offered at economical rates of premium.
This is a Package
Policy divided into 10 sections. The package includes the following
Fire Insurance of
the building and contents (house hold contents). Insurance of
contents against fire risks is compulsory and minimums of three
covers are to be selected for issue of a package policy.
housebreaking. larceny and theft.
Insurance for Jewellery, ornaments and other valuables.
Domestic Appliances (Electrical and Mechanical failures)
including VCR & VCP and music systems.
with family package discount of 10%.
& Employers liability.
This being a
package policy, only one proposal form is to be completed instead
of separate proposal forms for individual policies.
In case of fire
risks, while covers like explosion / implosion (other domestic gas
cylinders or pressure cookers) and impact of rail / road vehicles
are withdrawn as inconsequential, special risks like damage due to
bursting and overflowing of water tanks, apparatus, or pipes are
included in the policy.
By opting for
Burglary section under this policy inspection of the premises is
waived. The sum insured should be identical as selected for fire
risks for contents.
In case of 'All
risks' policy for Jewellery & other valuables, the premium
rates being high, the insured is given an option to insure only
such percentage of Jewellery, which may be taken out of bank
lockers for use at a time.
By opting for more
number of sections, a discount in the premium is allowed for
A completed proposal form giving full details of the property
to be insured, full value of Jewellery and individual values of each
item to be given. As Personal Accident policy contains assignment
facility, this part may be completed and witnessed.
Though there are individual policies to cover all the above
risks, a single package policy would avoid cumbersome procedure
associated with individual policies.
Please write to us at
for your requirements of an House Hold Insurance.