Householder's Insurance Policy

Universal Sompo's "Householder's Package policy" is devised to cater to the overall requirement of you as a House owner. Under this policy, we have combined a number of contingencies, which are normally covered as separate policies.

Coverage

Section 1 - Fire Allied perils - Building Contents

This section covers Buildings of construction other than 'kutcha' construction only.

Contents excluding money and valuables(unless agreed specifically by Us) are covered under this section.

The coverage under this Section are against the perils of
Fire
Lightning
Explosion / Implosion
Aircraft Damage
Riot, Strike, Malicious and Terrorism Damage
Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation
Impact Damage
Subsidence and Landslide including rock slide
Bursting and/or overflowing of Water Tanks, Apparatus and Pipes
Missile Testing operations
Leakage from Automatic Sprinkler Installations
Bush Fire
Earthquake
Terrorism ( On payment of additional premium)

Sum Insured for Assets (Building, permanent furniture, fixtures, fittings, Electrical fans , tube lights, and Domestic Appliances ) must be on Reinstatement Value basis.

Section 2 - Burglary Robbery
The Section covers loss or damage by actual or attempted burglary and/or robbery including theft during the policy period in respect of the following:

Contents or any item whilst kept in the insured premises

Insured premises ( including reasonable costs for damaged locks)

Currency Notes Cash up to the limit agreed and as mentioned in the schedule contained in a safe and locked almirah

Section 3 - All Risk (Jwellery Valuables)
This Section will indemnify you in respect of your jewellery and other valuables including precious stones etc. whilst kept or lying in your house or whilst worn during travelling and/or in any social function occasioned by fire, theft, robbery or any other fortuitous event.

Section 4 - Plate Glass This Section covers:
Accidental loss of damage to Plate Glass

Damage to frame and framework of any description following breakage of Glass and/or Neon Boards/glow signs subject to a maximum of Rs 5000/-

The cost of tinting, lettering, painting, embossing, silvering or any other ornamental work on the replacement Glass, provided that such costs have been included in the Sum Insured of the Glass under this Section

Section 5 - Electronic Equipment This Section covers:
Loss of or damage to your personal computers, Television ,Audio /Video Equipment's against all risk of damages and breakdown except of exclusions as mentioned in the policy wording

In case of partial losses ,no depreciation is deducted except for parts with limited life

Sum Insured to be on Reinstatement basis

Section 6 - Electrical Mechanical breakdown of Domestic Appliances
The section covers the Domestic appliances/ machines such as Air Conditioners, Refrigerators etc. against unforeseen and sudden physical damage caused by or solely due to mechanical or electrical breakdown

Sum insured to be on Reinstatement basis

Section 7 -Personal Accident
This section covers Bodily injury to You named in the Policy resulting to the death or disablement leading to:

Loss of sight

Physical separation of or loss of ability to use both hands or both feet

Loss of sight of one eye and physical separation of or loss of ability to use either one hand or one foot

Permanent Total disablement

Section 8 - Baggage Insurance
This section covers the personal belonging to You and/or Your family members or whilst being carried as baggage during travel outside the Municipal limits of the city / Town where Your residence is located in.

The cover is against fire allied perils, Burglary , theft and/or due to any external accidental means.

Section 9 - Workmen's Compensation
This section protects you against any legal liability which your domestic helps or his/her legal heir may bring against you due to injury and / death suffered by them during and out of employment suffered in the premises covered under the policy.

Section 10 - Public Liability This Section covers you against legal liability including the Defense costs incurred by you against:
Third Part Property Damage
Third Party injury/death

Caused due to any negligence or civil wrong doing committed by the insured and /or his family members, employees in the premises covered under the policy if occurred during the policy period.