Comprehensive
Protection
Covers Home Structure
Worth upto ₹10 crore
Attractive Discounts
Up To 35%^* Off
Covers Home Belongings
Worth upto ₹50 lacs
Our homes are more than just structures; they’re spaces we build with care, emotion, and years of hard work. Every corner reflects moments, memories, and the comfort we create for ourselves and our families. With so much love and investment poured into a home, choosing protection that truly safeguards it becomes just as important, and that’s where home shield insurance from HDFC ERGO steps in.
HDFC ERGO’s Home Shield Insurance is a comprehensive home insurance policy that protects both the structure of your home and everything inside it. It offers reliable, all‐round coverage against risks such as natural calamities, accidental damage, and breakdowns, helping you keep your safe space secure no matter what comes your way.
Listed below are the features of the Home Shield Insurance:
Key Features | Benefits |
|---|---|
Open to All | Homeowners and tenants can protect their home and belongings. |
Disaster Protection | Covers losses from major natural and mana€‘made events. |
Structure + Contents | Protects both the building and valuables inside. |
Market Value Cover | Lets you insure your home as per current market value. |
Optional Add-ons | Enhance your plan with additional coverage options. |
Rent For Alternative Accommodation | Upto 24 months |
Hotel Stay | Max 15 days and upto 15000/- per day. |
Emergency Purchases | Upto 5 Days |
Bharat Griha Raksha and Home Shield policies are both home insurance plans. Check out the striking differences between the two:
Bharat Griha Raksha | Home Shield Insurance |
|---|---|
Bharat Griha Raksha is a standard policy announced by IRDAI | Home Shield Insurance is a home insurance policy introduced and offered by HDFC ERGO |
This plan is offered by all the general insurance companies as per the rules of IRDAI | The plan is only offered by HDFC ERGO |
BGR has no add-ons to offer. | Home Shield Insurance has a range of add-ons to suit specific needs like: |
See what is covered and what is not covered
You can enhance your Home Shield insurance policy with the Portable Electronics add‐on. Covers listed portable electronic items within India, provided they are not older than 10 years
Provides protection against legal liabilities arising from accidental damage or injury to third parties, offered as an add‐on exclusively for homeowners.
Provides coverage for replacing a damaged or stolen pedal cycle along with protection against third‐party liabilities, available exclusively for homeowners.
Provides coverage for jewellery and valuable items across India, based on their current market value at the time of loss or damage.
It covers losses to your home or belongings caused by a certified terrorism incident, along with necessary support like temporary accommodation and emergency essentials.
Check out the striking features of the home shield policy given in the table below:
Key Benefits | Explanation |
|---|---|
Owners & Tenants | Both homeowners and tenants can secure their valuables with this cover. |
Wide Coverage | Protects building, contents and offers support during difficult situations. |
Convenience | Makes life easier by safeguarding one of your most essential assets. |
Peace of Mind | Reduces financial stress by covering unexpected home-related losses. |
Rebuilding Support | Helps you recover and rebuild by covering reconstruction costs. |
Home insurance policy is nothing less than a need for your home. Gone are the days when there was a misconception that home insurance was a sign of luxury. With the coming of affordable premium rates of home shield insurance, comprehensive coverage, and an easy purchasing process, home insurance is now accessible to everyone.
HDFC ERGO offers a competitive premium rate and coverage, so more people can invest in it. Whether you are a tenant or a homeowner, there is a customisable plan for everyone. Mishaps, natural calamities, and burglaries can seriously impact not just the home but your mental peace as well. To stay protected against such events, it is a wise decision to invest in a home insurance policy.
Here is how you can purchase home shield insurance online:
To continue availing the benefits of home insurance, you must renew it on time. Here is how you can renew your home insurance:
Here is the list of documents required at the time of claim settlement process:
A. Duly filled claim form by the policyholder
B. Property documents of the flat/apartment, if the insured building is a flat or apartment
C. Documents and proof related to the mishap. This may include:
i. Fir copy
ii. Fire brigade report
iii. Policy investigation report
iv. Legal notices, if any
v. Repair estimate
vi. Repair bills
vii. Proof of tenancy
viii. Rent agreement papers
ix. Bank account details
x. Certificate by the architect declaring the building as inhabitable in case of total loss
xi. Bills of repairs, if any
D. The insurance company may ask for any other documents if required.
Once you have planned to invest in home shield insurance, have 360-degree knowledge of the plan. For this, you may contact an executive at HDFC ERGO. Also, go through the home shield policy wording before proceeding. Once you have a thorough idea of the home insurance plan, you can make informed decisions regarding your home.
1
Home Shield insurance is a comprehensive home insurance policy that offers you coverage for your house and its contents. Whether you are a house owner or a tenant, investing in Home Shield plans by HDFC ERGO can be a wise option.
2
The coverage of the Home Shield policy depends on your preference. If you are a tenant you can go for protection of the contents of the house. However, if you are a homeowner, you can go with the coverage for the structure/ building or the contents or both.
3
As a policyholder, you will be required to pay your premium to continue with the coverage. With the Home Shield Policy, you can choose a multi-year policy of up to 5 years and save yourself from the hassle of yearly renewal. Buying multi-year house shield insurance can also get you a premium discount of up to 7%. home secured with our home shield insurance plan. Click here to check premium rates.
4
A tenant or a house owner are both eligible to invest in the Home Shield plan. You might live in a bungalow, a flat, an apartment, or a villa, and you have the freedom to buy coverage for the building, contents, or both.
5
Typically, the term of the Home Shield policy is one year. However, with HDFC ERGO, you can choose a multi-year policy of up to 5 years.
6
The sum insured under the Home Shield policy depends on the value of your house or the contents you wish to insure. For Home Structure the maximum sum insurred is Rs 10 Crore & for Contents its Rs 50 Lakhs
7
There are several reasons that your request for Home Shield policy renewal might be rejected. If you have not paid your premium timely, you have provided false information about the house, have raised a false claim, or have caused intentional damage to the insured items; the insurance company may reject your renewal application.
8
When it comes to having comprehensive house insurance, HDFC ERGO is one of the best choices for homeowners as well as tenants. It depends on the policy buyer to choose the policy that best suits their needs. So, the best home insurance may differ for different people.
9
Home Shield Insurance is a comprehensive building insurance and offers a wide range of coverage for not just the home but contents inside it as well. On the other hand BGR is a standard policy. The premium of the policy depends on the extent of coverage you opt for.
10
Yes. For a multi-year home insurance plan, you need to pay the premiums for the total tenure in advance. You can check the premium payment terms with the insurance company at the time of purchasing the policy.
11
The start date of the home insurance policy is mentioned in the policy documents. Usually, the policy issuance date is the start date of the policy. In case your home is under construction, the policy start date will be the possession date of the home.
12
Anyone who is willing to insure their home can purchase home shield insurance. Homeowners as well as tenants can invest in it.
13
Yes. You can purchase the home shield insurance online without any hassle. On the official website of HDFC ERGO, you can choose the plan. Fill and submit the form along with required documents and make the payment to complete the online purchase process. For any query or help, you may contact HDFC ERGO and an executive will guide you through the steps.
2023, 2024
2023, 2024
2023
2024
2024
2023, 2024
2023, 2024
2023
2024
2024
2023, 2024
2023, 2024
2023
2024
2024
