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Benefits of Home Insurance powered by ICICI Lombard

  • Protect your wealth in case of Fire accidents in your home

  • Get peace of mind by securing your home against loss due to water damages

  • Secures you against unexpected calamities

  • Secure your household equipment and gadgets from fire and theft

  • Protects your possessions from theft

  • Gives financial protection for jewellery in case of fire and theft

Take a Quick Survey

Q1. You have taken a Home Loan?

   

Q2. How many houses you own?

         

Q3. Have you protected your home contents like electronic devices, cash, jewellery?

   

Q4. If in case of an event in your home, are you financially equipped to manage the losses?

   

Q5. Intention to buy home insurance after reading benefits of home insurance?

   
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Home Insurance

This is a product that helps you cover your own home or rented apartment, and your personal belongings within. This is a property insurance (also called homeowner’s insurance) from unforeseen circumstances such as burglaries, fires, floods, storms and explosions.

Types of Home Insurance:

1

Home structure insurance

This product covers the permanent structure of the house, including kitchen, bathroom fittings and roof, from any kinds of dangers and risks.

2

Contents insurance

This product covers the contents within the house, such as documents, electronics, and jewellery, from damages and losses owing to theft, fire, flood, etc.

3

Fire insurance

This product provides you with a comprehensive coverage against fire that covers both the structure and the contents within the structure. Incidents like natural calamities and accidents are covered under a fire insurance policy.

4

Theft insurance

Theft insurance covers any damages you might incur because of robbery. It compensates you for stolen goods and valuables, as far as the insurer can ascertain their value.

5

Landlords insurance

Landlords insurance is a unique type of home insurance policy. It covers home owners against financial losses they might incur with rental properties.

What is Not Covered by Home Insurance?

Our home insurance plans provide an all-round protection for your home. While we have thought of everything – even damage caused due to the impact of an aircraft is covered by home insurance policies! However, there are some things that escape the coverage of home insurance in general. These include, but are not limited to the following:

  • Pre-existing damages: Any existing damage, injury, disease or illness occurring before the cover commences under the home insurance policy.
  • War: Damage as a consequence of war, invasion, the act of a foreign enemy, hostilities, civil war, rebellion, revolution, etc.
  • Legal confiscation: Any damage due to confiscation, commandeering, requisition or destruction by order of any government or lawfully constituted authority.
  • Nuclear damage: Any damage directly or indirectly caused by, contributed to, or arising from ionizing radiation or contamination by radioactivity.
  • Wear and tear: Damage caused by general wear and tear or gradual deterioration is not covered by home insurance.

What is the need of Home Insurance in India?

You always need to protect your valuable assets from damage. The same goes for our home, which is probably one of the most valuable assets. There’s a lot you can do to protect your home -locks to keep out invaders, a sprinkler system to put out fires, CCTV cameras to deter untoward activities and so much more. However, the ultimate back-up plan is a home insurance plan. Here are some reasons why you need to invest in a good home insurance to keep your home safe.

Protection from Natural Calamities

There have been increased instances of flooding, earthquake, storm in our cities that have caused damages to many homes. The best way to protect your home from financial impact of these natural calamities is a home insurance policy.

Protection from Man-Made Calamities

Protect your home from all kind of man-made calamities including robbery, riots, malicious activities, theft & burglary.

Protecting the contents of your home

The gadget you carefully pick out, any art that adorns the walls, the television your family gathers around – protect them all with a home insurance plan.

Protect you against Personal Accidents

Home Insurance also provide personal accident coverage in case injuries occurred while on the insured home.

Why Buy Home Insurance Online?

If you are looking for a hassle-free way to purchase a policy then going online is your best option.

Easier

Easier

You can buy house insurance online in just few simple steps! Just log onto our website, fill in your details and make the payment. It’s as easy as that!

Convenient

Convenient

Branch timings do not apply to online purchases. You can buy a policy whenever and from wherever you like. Isn’t that convenient?

Quick

Quick

You can save a lot of time just by skipping the branch visits. Add that to instant policy issuance and you could have a house insurance policy in few minutes!

What are the coverages under Home Insurance?

A home insurance policy protects your home and your personal property both inside and out, covering the structure of your home and its belongings. You can include coverage for expensive gadgets, home appliances, and other valuable belongings.

Home Insurance offer comprehensive protection from unforeseen events that can cause damage to your home, all so you can enjoy complete peace of mind at all times! We offer comprehensive home insurance plan, which gives coverage to your Assets, Interests, Liabilities and yourself against all manmade and natural calamities.

Protection against the damage caused due to natural calamities like

  • Fire, Explosion or Implosion
  • Earthquake, Volcanic eruption
  • Storm, Cyclone, Typhoon, Tempest, Hurricane etc.
  • Tornado, Tsunami, Flood and Inundation
  • Landslide, Rockslide etc.
  • Bush Fire, Forest Fire etc.

Protection against the damage caused due to manmade calamities like

  • Theft or attempted theft
  • Robbery & Dacoity
  • Act of terrorism
  • Riot, Strikes & Malicious Damages
  • Bursting or overflowing of water tanks and pipes
  • Impact of any external physical object like vehicle, trees, aircraft,wall etc.

What to Keep in Mind When Buying Home Insurance?

A lot of thought goes into while purchasing a home. Most of us will look at dozens of options before finding a property to hang the name board on. Therefore, the home insurance policy that protects your adobe should be subject to a similar level of evaluation & comparison. Here are some factors to keep in mind when weighing the options that will help you choose the right coverage for your home.

Buying Home Insurance?

  • Complete Cover

    Look for home insurance that covers both the structure and the contents of your home. This way you get comprehensive protection for your home.

  • Type of cover

    Basis of claim settlement can be a vital factor before deciding a Home Insurance.

  • Right add-ons

    Our home insurance plans come with several add-on options. You can pick and choose the right add-ons to widen the coverage of your plan and ensure the best coverage for your home.

  • Terms and conditions

    Lastly, do not forget to read the terms and conditions. It might not make for light reading but you should clear up any doubts that you have about the policy wordings before buy home insurance in India.