In case you consider ICICI Lombard Home Safe + insurance, you will get the following benefits as policy coverage. Similarly, other insurance providers offer you different coverage.
Cover for your Home (Structure & Contents): - You can choose to buy insurance for only the building (structure) of your home, or only the contents (belongings) or both. The policy covers the losses to the structure and contents of your home due to any natural or man-made calamities.
The calamities covered are:
- Riot, strike & malicious damage
- Explosion & implosion
- Storm, cyclone, tempest, tornado, hurricane, flood & inundation
- Damage due to impact by vehicles
- Missile testing operation
- Subsidence, landslides and rockslides
- Leakage from automatic Sprinkler installations
- Aircraft damage
- Bursting and/or overflowing of water tanks, apparatus and pipes
Cover for Home Loan – This policy also protects you against your disability to repay the home loan due to occurrence of any unforeseen and unexpected contingencies like critical illness or accidental death/ permanent total disability.