Exclusions

• Excess: The first Rs.250 (or 1 percent of respective sum insured in case of Television and /or Refrigerator, whichever is higher) of every claim in respect of the Benefits of Fire, Burglary, and Baggage, Jewellery and valuables, cash in transit (Rs.100 in case of Pedal Cycle and Rs.1000 in case of transit of household goods)
• Underinsurance: In case the actual value of insured property at the time of loss under Fire Benefit is found to be greater than the sum insured opted by you then the claim would stand to be reduced in the same proportion.
• Wilful destruction of property, loss, damage or destruction caused by war perils, wear and tear and atmospheric conditions etc.
• Losses when premises are unoccupied beyond 60 consecutive days.
• Terrorism Damage (unless specifically covered).

Learn More