Key Features and benefits of the Plan.

• Various options to choose which covers almost all the corners of the home.
• Flexibility to choose the plans according to the needs / requirements.
• Hassle free and absolutely transparent plans
• This plan provides full guard to the property and its contents as well.
• All plans come with low cost premium under the plans with rebates.

The Householder Umbrella Home Insurance Plan has the following five coverages with four categories of sum insured:-

Section I: (i) Fire with Allied Perils, Building / flat Plans.

                    (ii) Fire with Allied perils, contents Plans.

Section II: Burglary Contents Plan.

Section III: (i) TV/ Video Equipments Plan.

                      (ii)Electronic Equipments/MBD of other domestic appliances Plan.

Section IV: Loss of cash due to Assault to the Insured person  Plan.

Section V: Personal Accidents Plan.

                     Premium Full Coverage With Section I(i)

                     Premium without Section I (i)

There are four Sum Insured Plans which are as follows:

Now let’s see the coverages one by one:

Section I: (i) Fire and Allied Perils, Building / flat and Contents Plan :

This plan covers the household goods like furniture, utensils, clothes, and such losses which are caused due to the following reasons:

• Fire : Under this plan, loss against fire is covered excluding damage or destruction caused to the property by
  • Normal heat and its own fermentation or unprompted burning.
  • Undertake any heating or drying process.
  • Explosion and Implosion: Explosion and implosion are covered other than loss or damage or destruction caused to the property by boilers and by centrifugal force.
  • Lightning: Another natural calamity of lightening is also covered under this plan.
  • Aircraft Damage:  Destruction, damage or loss caused by airplane, other aerial and  space devices  and related  articles which are being dropped from there other than  those caused by force effect.
  • Riots and Strike: Physical damage/ loss / destruction caused by other and vicious ways which are caused straight to the property other than:
    • Full or half-done cessation of work or disruption of any procedure or exclusion.
    • Enduring or short-term withdrawal.
    • Perpetual or interim withdrawal of any building from unlawful possession of any individual.
    • Breaking and entering including theft, larceny.
    • Subsidence and Landslide which includes Rockslide as well: Destruction or loss which is caused by subsidence of part of the location of the property other that:
  • Standard breakage and completion or gradual shedding down of fresh construction.
  • Gradual progress of the ground which has been made up.
  • Erosion of coasts as well as river.
  • Craftsman’s damaged designs.
  • Devastation, building, maintenance and any kind of modification of any property.
• Storm, typhoon, hurricane, , cyclone flood , tempest , inundation, tornado are also covered. However, those which are a direct result from earthquake are not covered. Volcanic outbreak or other tremors of natures are also roofed under this plan.
• Impact Damage: Destruction or physical damage or loss which is caused to the insured property due to impact by any road, rail, animal or vehicle by straight and direct contact. And the same  do not  owned by
  • Insure or the inhabitant of the property  or
  • Insured’s recruits while they are in work.
  • Terrorism: It covers the loss or damage arises due to terrorism as well.
  • Spilling over and therefore bursting of water Tanks, Apparatus and Pipes.
  • Forest Fire.
  • Projectile Operations.
  • Seepage from Automatic Sprinkler fitting.
  • Earthquake (Fire & Shock):  Damage or loss to the insured property caused by earthquake or fire which includes flood or overflowing of lakes, sea reservoirs and rivers and/or rockslide/landslide.

Section II: Burglary Contents Plan.

• If there is any theft, burglary, larceny or housebreaking that occurs then the insurance company will pay an amount as specified above under diverse categories of sum insured under the plan for the loss or damage caused to the items in the house.
• The plan covers the loss or damage to jewellery like gold, silver, precious metals and stones and other valuable items against damage or loss caused due to theft, burglary, larceny or housebreaking. Here the Sum Insured will be equal to what has been chosen for the Fire and Allied Peril plan.

Section V:  Personal Accident

Under this plan, the following coverages will apply to the insured person:

• Death
• Loss of two limbs/ two eye sights or one limb and one eye.
• Loss of one limb or one eye sight.
• Permanent Total Disablement from Injuries other than the ones as mentioned above.

Content Insurance under the plan:

The contents are insured as per the market value. The plan covers the losses to the contents of the insured home due to natural and manmade calamities.

The following calamities are covered:

• Fire and lightening
• Implosion & Explosion
• Riot, strikes and Malicious Damage.
• Impact Damage.
• Damage due to aircraft.
• Storm, Typhoon, Tornado, Cyclone Hurricane, Flood, Inundation and Tempest.
• Subsidence and Landslide includes Rockslide.
• Bursting and or overflowing of water reservoir, tools.
• Projectile Operations.
• Seepage from Automatic Sprinkler fitting.

Exclusions of the plan:

No indemnity is allowed in the following situations:

• The first 5% of each claim subject to a maximum of Rs 10000/- concerning loss arising out of "Act of God Perils" such as lightening, STFI, subsidence, rockslide, landslide.
• The first Rs 10000/- for every loss which arises due to other perils concerning which the insured individual is indemnified under the plan.
• Loss and /or damage that arises due to war whether declared or not, invasion, hostilities, the act of a foreign enemy, civil war, mutiny, nuclear war, or civil commotion.
• Loss/ damage/ destruction caused directly or indirectly to the property insured by
• Ionizing, radiation, or contamination by radioactivity from any nuclear fuel or any nuclear waste.
• Radioactive toxic explosives.
• The plan also does not cover the loss/ damage/ destruction caused to the property of the insured due to pollution or contamination.
• The plan does not cover the loss/ damage/ destruction to stock in cold storage caused due to a temperature change.
• The plan does not cover loss/ damage/ destruction to items like curios and work of art for an amount above Rs 10000/-, guns, stamp collection, coins, pictures, plans, securities, checkbook, books of accounts until and unless the same has been specifically mentioned in the plan.
• The plan excludes the loss and damage caused to the electrical machine or similar apparatus, fixture, and related fitting which arises out of the discharge, too much pressure, more heat, short-circuiting.
• Other than expenses of 3% and 1% of the claim amount for architects, surveyors, and consulting engineer's fees and debris removal, the rest are disallowed.
• The plan excludes the loss of pay or any other significant or not direct loss and harm.
• The plan excludes the loss and damage which occurs because of earthquake, volcanic upsurge or another paroxysm of the natural world.
• The plan excludes the loss by theft that occurs during or after the incident of any of the mentioned insured perils other than riot, strike, and malicious damage.
• The plan excludes the loss and damage to the property insured if detached to building other than in which it is other than for apparatus provisionally moved for clear out, refurbish, restoration or parallel other reason for less than 60 days.
• Seepage Loss: Damage to the house because of seepage.
• Unmaintained property: If you do not maintain your property and then it gets damaged. In this case, the policy will not cover the damages. 
• Self-Damage to Property: Any intentional losses to the property such as if the policyholder damages his/her property by him/herself, the damages will not be covered by the insurer. 
• Impact of Government: Property loss as per the order of any court or government property. 
• Pre-existing Losses/ Damages: Any pre-existing damage such as any wear and tear or any defects. 
• Home Business: If you have a small business that you are running in your home, then its equipment is as well not covered under a home insurance policy.
• Damage Due to Rodent: Your home or property can get damaged because of rodents and a standard home insurance policy like Reliance Home Insurance does not provide coverage for the same.

Eligibility

Owners of property (dwelling and contents) with insurable interest are eligible to insure the property. The insured can declare the belongings as “goods held in trust” and can take insurance for them.

Various modes of payment under the plan.

There are five modes of payment which are as follows: 

• Credit Card.
• Net Banking.
• Bill Pay.
• Debit Card.
• Cash Card. 

Claim Process:

The claim service of the company is highly efficient and of high standard. One can make 24x7  claims notification. Timely customer service and assistance along with survey and further assistance within a day. Simple claims procedure and ensuring high customer satisfaction.

• Call at the toll free no and lodge the claim. The following information’s are to be provided:
  • Policy No
  • Nature of loss.
  • Location of loss.
  • Amount of loss
  • Date and time of the incident or accident.
  • Estimated loss/ description.
  • Survey location where vehicle can be surveyed by our loss assessor.
  • Insured Contact Details.
  • The claim intimation sheet can be downloaded from the website and can be sent to chd@shrirami[dot]com. Claim representative will contact the insured person for further process.
  •  Claim representative will provide the claim reference number for future reference.
  • After the claim gets submitted and the same is approved, a text message will be sent intimating the surveyor details.
  • A Surveyor is appointed to assess the loss of the insured vehicle and inspection of the same. Post which the approval is given and the insured is intimated about the claim status.
  • The Surveyor will contact for suitable time for survey and will conduct the survey.
  • After this, one can contact at CHD / Surveyor when the vehicle is ready for inspection.
  • The claim status can be tracked from the official website in Claim section.

Documents needed to register a claim

Documents which are to be submitted at the time of registering a claim are as under:

• Claim form.
• Police First Information Report /Charge Sheet ( notarized copy)
• List of items lost in the incident with their purchase bill or receipt.
• Occupancy Certificate( notarized copy)
• Fire Brigade Report( notarized copy)
•  Invoices if the same is available for contents.
• Original Repair Bills.

Contact

• One can also email at customer.care@sbigeneral[dot]in
• Individuals can also opt for “Contact Us” option where after filling up few simple details a call back will be made from the Company.