Exclusive coverage for your Housing Society
One of the leading General Insurance Company with following strengths:
It covers your society, home against any loss, damage and destruction. The coverage also includes home contents and articles which belong to your home.
Optional covers include cover for valuables, contents and personal accident cover for insured and spouse.
Below are the detailed inclusions and exclusions of Bharat Griha Raksha:
Building sum insured is calculated by considering Carpet area and Cost of Construction.
There is no sum insured capping for ICICI Bharat Griha Raksha Policy.
Yes. Housing Society is a Part of ICICI Bharat Griha Raksha Policy
Per se rating can be done in case of Dwelling and Shop in the same premise.
Yes you can avail for household articles
There is no underinsurance applicable for ICICI Bharat Griha Raksha Policy.
As per IRDA Guidelines, Insured has to select the number of months and sum insured limits if the corresponding cover has been opted for.
The premium for the Insurance depends on:
The above covers are available at the payment of additional premium
(*Please refer to policy document for entire list of exclusions)
If you suffer a loss that is covered by this policy, you must make a claim. We will verify the claim and accept it if it is according to the terms and conditions of this policy. When you suffer loss to any Insured property because of an insured event, you must:
In the event of the unfortunate death of the Insured during the policy period, the home building cover and the home contents cover that you have purchased will continue for the benefit of your legal representative/s during the policy period subject to all the terms and conditions of this policy.
We will need all information, books of accounts and other relevant documents for supporting claims
There is an automatic Cover for Home contents up to 20% of Home building sum insured subject to maximum 10 lakhs. However, if customer wants to cover more than 20% he has to specify sum insured of the building and the contents separately.
Escalation of 10% will be applicable on base sum insured every Year.
Example: Initial SI = 10,000,000
2nd Year SI = 10% of base SI 10,000,000+10,00,000 = 11,000,000
There is no sum insured capping for ICICI Bharat Griha Raksha Policy.
There is no sum insured capping for ICICI Bharat Griha Raksha Policy.
Policy is not on first loss basis, There are 2 scenarios-
Yes, it is available on payment of additional premium.
Policy is not on first loss basis, There are 2 scenarios-
(*Please refer to policy document for more wording)
Yes you can opt for contents cover under ICICI Bharat Griha Raksha Policy