Bharat Griha Raksha is a home insurance product specifically designed for Indian homeowners to safeguard their homes and belongings against a wide range of risks and perils. It ensures financial security and peace of mind by protecting one of your most valuable assets.

Key Features

  1. Comprehensive Protection:
    Covers residential properties, including the building structure, personal belongings, and household contents.
  2. Flexible Plans:
    Tailored plan options to suit various home types, coverage needs, and budgets, allowing homeowners to customize their policies.
  3. Affordable Premiums:
    Offers cost-effective insurance solutions with competitive premium rates for homeowners across India.
  4. Additional Services:
    May include value-added benefits like emergency assistance, home maintenance, and legal support.

Benefits

  1. Financial Security:
    Provides protection against risks like fire, theft, and natural disasters, ensuring the ability to repair or rebuild without financial strain.
  2. Peace of Mind:
    With robust coverage, homeowners can rest assured knowing their property and belongings are secured from unexpected events.
  3. Temporary Living Expenses:
    Covers extra living costs such as accommodation and meals during home repairs or reconstruction after a covered loss.
  4. Liability Protection:
    Some policies include liability coverage, safeguarding homeowners against legal claims for accidents or injuries occurring on their property.

Bharat Griha Raksha combines affordability, flexibility, and comprehensive coverage, making it an ideal choice for protecting your home and peace of mind.

Eligibility Criteria:

  1. Homeownership: Bharat Griha Raksha is open to homeowners who possess residential properties in India.
  2. Property Types: Eligible properties include apartments, independent houses, villas, and other types of residential buildings.
  3. Occupancy Status: The property must be occupied by the homeowner or used as a primary residence to qualify for coverage.

Coverages & Add-Ons:

Bharat Griha Raksha offers a range of coverage options designed to protect your home and belongings, including:

  • Property Protection: Coverage for damages caused by natural disasters, accidents, or theft.
  • Personal Belongings: Protection for personal items inside the home, such as electronics, furniture, and valuables.
  • Liability Coverage: Financial protection against any third-party claims related to incidents occurring at your property.
  • Add-Ons: Additional coverage options for specific needs, such as fire, flood, or earthquake damage, as well as accidental damage to home appliances and more.



Exclusions:

  1. Intentional Acts: Losses arising from deliberate actions, willful misconduct, or criminal activities by the insured are generally excluded from coverage.
  2. Wear and Tear: Damage due to gradual wear, deterioration, or lack of maintenance is typically not covered.
  3. Uninsurable Risks: Certain risks, such as war, terrorism, nuclear incidents, or illegal activities, are deemed uninsurable and excluded from coverage.

Claim Process:

  1. Notification: The policyholder must promptly inform the insurance provider in case of a covered loss or damage to the insured property.
  2. Documentation: The policyholder is required to submit relevant documentation of the damage or loss for processing the claim.
  3. Assessment: The insurer will evaluate the claim, assess the extent of the loss or damage, and may conduct necessary inspections or investigations.
  4. Settlement: Once the claim is approved, the insurer will settle it by providing reimbursement or direct payment for the covered loss in line with the policy terms and conditions.