ICICI Lombard Bharat Griha Raksha Policy: Key Benefits

*Disclaimer: Refer to the policy wordings on the insurer's official website for exact coverage and benefits information.

Inclusions of ICICI Lombard Bharat Griha Raksha Policy

ICICI Lombard Bharat Griha Raksha (BGR) Policy protects the insured home structure and its content against losses from several risks. Here is the general inclusion of ICICI Lombard BGR policy:

• Coverage against natural calamities such as earthquakes, floods, cyclones, storms, typhoons, hurricanes, tempests, floods, tornados, and inundations.
• Protection against fire and allied perils, including fire, lightning, explosion or implosion.
• Burglary and theft coverage for household contents within 7 days of any insured event mentioned in the policy documents.
• Coverage for impact damage caused by an external object, such as a falling tree or motor vehicle.
• Coverage against the damage caused by bursting or overflowing water tanks, pipes, and apparatus.
• Coverage against man-made calamities, such as riots, malicious activities, and terrorism.

Exclusions of ICICI Lombard Bharat Griha Raksha Policy

Here are some common exclusions of ICICI Lombard BGR policy:

• Losses due to war, nuclear perils, acts of terrorism (unless specifically included), foreign enemy hostilities, etc.
• Loss or damage arising due to breach of law with criminal intent.
• Damage to property due to radioactive substances, explosives, and toxic substances.
• Losses incurred due to any willful negligence or misconduct.
• Exclusion of specific high-risk items or activities not covered by the standard policy terms.

*Disclaimer: The inclusions and exclusions mentioned in the ICICI Lombard Bharat Griha Raksha Policy are indicative. For a detailed list, kindly refer to the policy wording available on the insurance provider's official website.

Add-on Covers of ICICI Lombard Bharat Griha Raksha Policy

Here are the two types of add-on covers or optional covers that you can buy with your ICICI BGR policy by paying a little extra premium:

1. Valuable Content Cover (On Agreed Value Basis)

   As the name suggests, this add-on provides extra protection for high-value items, such as jewellery, antiques, artwork, etc., that may not be adequately covered under the standard policy. It extends the coverage limit for these valuable contents, ensuring compensation in case of theft, damage, or loss.

2. Personal Accident (PA) Cover

   The Personal Accident (PA) Cover add-on offers financial security to the insured or their spouse in the event of accidental injury, disability, or death. It provides compensation of ₹ 5 Lakh per person. Therefore, a PA cover add-on ensures comprehensive protection for the individuals residing in the insured property/building.

In-Built Add-ons of ICICI Lombard Bharat Griha Raksha Policy

The following table highlights the in-built coverage or add-ons of ICICI Lombard BGR policy:

Who Can Buy ICICI Lombard Bharat Griha Raksha Policy?

ICICI Lombard Bharat Griha Raksha (BGR) Policy is available for purchase by Indian residents who own residential properties. Homeowners, landlords, or tenants residing in houses, apartments, or flats can buy this policy to protect their dwellings and belongings against a series of risks and perils. Hence, a ICICI Bharat Griha Raksha policy is a standard home insurance policy, which landlords & tenants both can purchase.

Claim Process of ICICI Lombard Bharat Griha Raksha Policy

Here are the steps to raise claims under ICICI Lombard Bharat Griha Raksha Policy in India:

• Step 1: Notify the insurance provider about the incident as soon as possible, either by phone or by visiting their website, and get the claim number.
• Step 2: Download, complete, and submit the claim form along with any required documents, such as an FIR (First Information Report), police report, or other supporting evidence.
• Step 3: The surveyor will be appointed to assess the extent of loss or damage and design a report accordingly.
• Step 4: The insurance provider adjudicates the case as acceptable or unacceptable according to the policy terms & conditions.
• Step 5: Depending on the nature of the claim and policy T&C, you may receive compensation, repairs, or replacement costs through NEFT.
• Step 6: Connect with ICICI Lombard General Insurance Company Limited for updates and assistance regarding the home insurance claim process.

FAQs About ICICI Lombard Bharat Griha Raksha Policy