Few things in life matter as much to you as your home. After all, it’s at the Heart of Your Family, your possessions, your priceless investment and your memories
With HDFC ERGO Home Insurance policy , you can ensure for your Home the trusted protection it deserves and benefit from affordable coverage for your property and possessions against almost any eventuality.
- Safeguard your priceless property and possession with HDFC ERGO
- Protection for both your home structure and the household contents
- Low Cost Optional Cover for Burglary including Theft and Larceny
- Avail upto 15% premium discount for Security Features
With HDFC ERGO Home Insurance Policy, you can choose to cover the structure of your home only or include the household contents as well in a single policy with minimum documentation The policy covers:-
- Fire and Special Perils:-Building(Section I) and Contents(Section IA)
Covers the structure of your home and contents against
- Fire, Lightning, Explosion/Implosion, Aircraft Damage
- Riot Strike, Malicious and Terrorist Damages
- Bursting and overflowing of water tanks, apparatus, pipes
- Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation
- Earthquake, Volcanic Eruption & other Convulsions of Nature
- Impact damage by rail/road vehicle and animal
- Subsidence and Landslide including Rockslide
- Missile testing operations
- Leakage from automatic sprinklers installations
- Bush fire
The sum insured for the structure of the house is based on the Reinstatement Value. Quite simply, it would be the reconstruction cost of the house in the event of any loss/damage due to any of the insured events like Fire, Riots, Storm, Flood and so on.
The reconstruction value for the structure is determined by the construction cost. This, however, would not include the cost of Land. The reconstruction cost is based on two parameters which are mentioned below:-
- Built Up Area of the House (Square Feet)
- Cost of Construction in your area / locality
- Burglary and Housebreaking including Larceny and Theft (Section II) - Contents (as defined by Indian Penal Code)
You can also insure the contents of your home against loss due to burglary and /or housebreaking or any attempted burglary. Jewellery kept in Locked Safe within the Home premises can also be covered.
Sum Insured for Contents under Section I A Fire & Special Perils and Section II Burglary & Theft should be the same.
The Sum Insured for Contents / Valuables is based on the market value.
You could cover a host of household items like Electronic Equipments, Furniture & Furnishings, Jewellery, Clothes and so on.
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Section IA:
Fire& Special Perils Cover |
Section IB:
Contents |
Section II:
Burglary and Theft Cover |
|
Sum Insured
(in Rs.) |
Premium
(in Rs.) |
Sum Insured
(in Rs.) |
Premium
(in Rs.) |
Sum Insured
(in Rs.) |
Premium
(in Rs.) |
|
500,000 |
393 |
100,000 |
79 |
100,000 |
270 |
|
750,000 |
590 |
150,000 |
118 |
150,000 |
404 |
|
1,000,000 |
787 |
200,000 |
157 |
200,000 |
539 |
|
1,250,000 |
983 |
250,000 |
197 |
250,000 |
674 |
|
1,500,000 |
1180 |
300,000 |
236 |
300,000 |
809 |
|
1,750,000 |
1376 |
350,000 |
275 |
350,000 |
944 |
|
2,000,000 |
1573 |
400,000 |
315 |
400,000 |
1079 |
|
2,250,000 |
1770 |
450,000 |
354 |
450,000 |
1213 |
|
2,500,000 |
1966 |
500,000 |
393 |
500,000 |
1348 |
|
2,750,000 |
2163 |
550,000 |
433 |
550,000 |
1483 |
|
3,000,000 |
2360 |
600,000 |
472 |
600,000 |
1618 |
|
3,500,000 |
2753 |
650,000 |
511 |
650,000 |
1753 |
|
4,000,000 |
3146 |
700,000 |
551 |
700,000 |
1888 |
|
4,500,000 |
3539 |
750,000 |
590 |
750,000 |
2022 |
|
4,750,000 |
3736 |
800,000 |
629 |
800,000 |
2157 |
|
5,000,000 |
3933 |
|
|
|
|
- Willful destruction of property.
- Loss or damage caused by depreciation or wear and tear and Consequential loss of any kind.
- Loss or damage, directly or indirectly, caused by or arising from or in consequence of or contributed to by Nuclear weapons material and / or Ionizing radiations.
- Loss or damage, whether direct or indirect occasioned by the happening through or arising from any consequences of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection military or usurped power or civil commotion or loot or pillage in connection therewith.
*Please note these are illustrative exclusions. For a detailed list, kindly refer the policy wordings. *This content is descriptive only. Actual coverage is subject to language policy issued.
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