Home is not just a place, it’s an emotion. It’s where we build memories, create a haven for our loved ones, and invest our hard-earned money. However, with the uncertainties of life, our homes are exposed to various risks, such as natural calamities, theft, fire, and other unforeseen events. To safeguard your home and loved ones from such uncertainties, Bharat Griha Raksha Policy is here to provide comprehensive protection. In this blog, we will explore what Bharat Griha Raksha Policy is and who can purchase it.
What is Bharat Griha Raksha Policy?
Bharat Griha Raksha Policy is a home insurance policy offered by leading insurance companies such as Cholamandalam Insurance. It is designed to provide financial protection to homeowners against a wide range of risks that their homes may face.
Bharat Griha Raksha Policy offers three types of coverage:
Home building cover:
This covers the structure of the home, including the walls, roof, floors, and permanent fixtures.
Home Contents Cover:
This covers the household belongings such as furniture, appliances, electronics, jewellery, and other valuable possessions. General contents are automatically covered for 20% of the sum insured of the home building up to a maximum of 10 Lakh (Rupees Ten Lakh) where the home building is also covered.
<h3>Optional Cover:</h3> On payment of additional premium, the following covers are available:
- Cover for valuable content on an agreed value basis
- Personal accident cover
Who can purchase Bharat Griha Raksha Policy?
Bharat Griha Raksha Policy is available for homeowners, including individuals, families, and businesses, who own residential properties in India. It can be purchased for various types of homes, including standalone houses, apartments, villas, and townhouses. The policy can be availed by homeowners of all ages, whether you are a young couple buying your first home or a seasoned homeowner looking to secure your property.
The policy is also available for homes that are under construction or renovation, providing coverage during the construction period against risks such as fire, theft, and other perils. Additionally, Bharat Griha Raksha Policy can be purchased by both self-occupied homes and homes that are rented out to tenants.
Why should you purchase Bharat Griha Raksha Policy?
Protection against unforeseen events:
Bharat Griha Raksha Policy provides financial protection against various risks that can damage or destroy your home, such as fire, flood, earthquake, theft, vandalism, and more. It helps you safeguard your investment and provides peace of mind knowing that you are financially protected against unexpected events.
Coverage for both structure and contents:
The policy offers comprehensive coverage for both the structure of your home and the contents inside. It ensures that not only the physical structure of your home is protected but also your valuable possessions such as furniture, appliances, electronics, jewellery, and other household belongings.
Customizable coverage options:
Bharat Griha Raksha Policy allows you to customize your coverage based on your specific needs and requirements. You can choose from a range of coverage options and add-ons, such as coverage for terrorism, accidental damage, loss of rent, and more, to tailor the policy to your unique needs.
Affordable premiums:
Bharat Griha Raksha Policy offers affordable premiums that are based on various factors such as location, age, type of your home, coverage amount, and add-ons chosen. It provides a cost-effective way to protect your home and belongings without breaking the bank.
Additional benefits:
In addition to the basic coverage, Bharat Griha Raksha Policy also offers additional benefits such as personal accident coverage, legal liability coverage, temporary resettlement coverage, and more, which provide added protection and support during challenging times.
<h2>Conclusion</h2>
If you are looking for an ideal home insurance cover, you can opt for the Bharat Griha Raksha policy from Cholamandalam Insurance, which will ensure you secure your home structure and its content against any sort of unforeseen event.