Householder's Policy

This is a package policy specially designed to meet the insurance requirements of a householder.

 Highlights

This is a package policy specially designed to meet the insurance requirements of a householder by combining under a single policy, a number of our standard policies usually taken by householders.

Discount in premium is offered depending upon the number of sections of the policy, opted for, by the proposer.

Scope 

The policy comprises of 10 sections as given here under

Section I - Fire & Allied Perils

a)      Coverage for building

b)      Covers contents of the dwelling belonging to the proposer and his/her family members permanently residing with him/her.

Allied Perils:

1. Fire, Lightening, Explosion of gas in domestic appliances
2. Bursting and overflowing of water tanks, apparatus or pipes.
3. Damage caused by Aircraft
4. Riot, Strike, Malicious or Terrorist Act
5. Earthquake, Fire and/or Shock, subsidence and Landslide (including Rockslide) damage
6. Flood, Inundation, Storm, Tempest, Typhoon, Hurricane, Tomado or Cyclone.
7. Impact damage

 Section II - Burglary & House Breaking including larceny and theft.

Covers contents of the dwelling against loss due to burglary, house breaking, larceny or theft.

 Section III - All Risks (Jewellery & Valuables)

Covers loss or damage to your jewellery and valuables by accident or misfortune whilst kept, worn or carried anywhere in India subject to the value declared in the schedule.

Section IV - Plate Glass

Loss or damage to fixed plate glass in the insured premises by accidental breakage subject to limit of sum insured

 Section V - Breakdown of Domestic appliances

Covers domestic appliances against unforeseen and sudden physical damage due to mechanical or electrical breakdown.

 Section VI - Baggage Insurance

Covers loss or damage to insured's accompanied baggage by accident or misfortune whilst the insured is traveling on tour or holiday anywhere in India.

Section VII - Personal Accident

Covers Death or bodily injury by accidental, violent, external and visible means to the insured person named in the schedule and subject to limits specified therein.

SectionVIII - Public Liability

Covers Insured's legal liability for bodily injury or loss of or damage to property of third party limited to amount specified in the schedule and workmen's compensation liability to domestic servants engaged in insured's premises.

It is compulsory to opt for Section IB of the policy. A minimum of three sections including Section IB have to be taken for issuance of this policy.

How to claim?

In case of any incident leading to a valid claim under the policy, following steps should be taken:

Take necessary steps to minimize the loss/damage.

Ø  In case of fire, inform fire brigade immediately.

Ø  In case of theft, larceny or burglary inform the police immediately along with a list of items stolen and their approximate value.

Ø  Inform insurance company by phone or fax and in writing.

Ø  Extend full co-operation to the surveyor appointed by the insurance Co. and provide necessary documents to the substantiate the loss. A claim form issued by the company is also to be submitted.

Ø  In case any rights of recovery exist against any other party responsible for the loss, your rights of recovery have to be subrogated to the insurance company on payment of claim.

For more details, please visit: www.giia26.com Mobile 8882286639