Your home is your most valuable possession, but do you do enough to protect it? You could lose your life’s savings in case
of a fire or natural calamity. Even your valuable items in case of a burglary. What
is your next step? Home insurance provide protection to both structure and the valuable
contents of your home.
A comprehensive policy can provide following covers:
- Any losses due to fire, floods, earthquake and other natural or man-made calamities
- Loss of valuable contents of home in case of a burglary
- Cover for jewellery, valuables, works of art
- Additional benefit of rent for alternate accommodation or temporary resettlement
- Add-on benefits like keys and lock replacement, liability cover, loss of rent etc.
Features and Benefits
- Comprehensive coverage related to your home under one umbrella policy
- Option to insure either the flat/apartment/building only, or contents only, or both
- Several home insurance plan types with various coverage options for you to choose
- Secure your home for a period of up to 5 years at once
Customize your policy with a range of add-on benefits
- Loss of rent
- Temporary resettlement
- Keys and locks replacement
- ATM withdrawal robbery cover
- Lost wallet cover
- Pet insurance
- Affordable premium and attractive rebates
How to Apply
You’ll be surprised to know how easy it is to get a Home Insurance policy with Bajaj
Finserv even if you’ve never used our services before. Just fill in your details
on this page, or give us a missed call on 09211 549 999 and we will get in touch
with you and take you through the process.
Q1. Why do I need home insurance?
A. You have always cherished to make your dream house. Saved
every penny, worked hard, and planned harder - all towards a dream of a perfect
abode to gift yourself and your family. To secure your dream, you need to
secure your home and its content with insurance against fire, external conditions,
robbery, etc. To protect your house against risks against unforeseen disasters
you need home insurance.
Q2. What does Home Insurance Policy covers?
A. The policy covers losses to building due to natural calamity
or manmade events like fire, storm, cyclone, typhoon, lightning, subsidence
and landslides, flood and inundation, earthquake, riot, strike, malicious
and terrorism damage (optional cover), explosion/implosion, etc. The policy
covers your home building contents, appliances, valuables against fire and
allied perils including terrorism damage (optional cover), earthquake along
with burglary, housebreaking, hold-up and breakdown of mechanical / electrical
Q3. What will be the start date of my insurance policy?
A. Your insurance cover starts from the commencement date
indicated by you in the proposal form or receipt of the premium by us, whichever
Q4. Is there an age limit on the property for it to be insured?
A. No there is no age limit to buy a home insurance policy.
Q5. What are the documents required to be submitted in case of a home burglary
A. The original invoice has to be submitted, giving the value
of the items stolen. In addition to this you also have to give the replacement
cost/repair cost, FIR, Final police report and claim form.
Q6. What happens to the home insurance policy if the insured house is sold?
A. From the time the transfer of ownership becomes effective,
the policy stands cancelled and the insured ceases to be an insured under
the policy. We will then refund the premium for the balance of the insured
Q7. What is the difference between burglary, theft and larceny?
A. Burglary is when there is forceful entry in the premises
in order to rob. Theft is when there is a robbery without any evidence of
forceful entry in the premises. Larceny is when a known person on the premises
has robbed or stolen the insured’s belongings.
Q8. When is an FIR necessary in a Home Insurance claim?
A. A police FIR is mandatory in the case of:
Riot and Strike
Q9. How do we value the property under home insurance?
A. Property valuation is done by multiplying the built up area
of the property with the cost of construction per square feet.