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HDFC ERGO My Asset Insta Home Insurance

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HDFC ERGO my asset Insta Home Insurance

 

HDFC ERGO my asset Insta Home Insurance plan offers on the spot cover, for a quick and hassle free transactions. Easy documentation provides for a stress free policy for both home and belongings. Insta Home Insurance Plan offers absolute and complete protection to your home and everything you consider valuable. It offers a choice of 4   sub-plan options, all of which have a fixed Sum Insured and fixed price. There is no option to choose coverages under various section below as these are standard pre underwritten Plans.

 

Key Features of HDFC ERGO my asset Insta Home Insurance

 

Section I: Fire & Allied Perils

This cover provides protection to your its contents against  perils like fire, lightning, explosion/implosion, aircraft damage, RSMD, storm, cyclone, impact damage, subsidence, landslide, bursting or overflowing of water, missile testing operations, bush fire and leakage from sprinkler and earthquake.

 

We also cover loss, destruction or damage  to bullion or unset precious stones, any curios or works of art   and such things   as stated in  the policy up to an amount of INR 10,000/-

 

This makes sure you do not have to bear the financial brunt of losing prized possessions and valuables.

Please note that up to 3% and 1% of the admissible claim amount in the event of a loss will be paid for expenses related to architecture fees and debris removal, respectively.

 

Section II: Burglary and/or House Breaking for Contents

This cover provides protection to contents against loss due to burglary and/or house breaking. Further, damage to the house due to attempted burglary and/or house breaking is also compensated for, up to INR 10,000.

 

1% of   each claim amount  with a minimum  of INR 2.500  will be borne by you.

 

Section III: Electronic Equipments (All Risk)

This cover provides protection to electronic equipments like Computers, Laptops, Tablets and Audio/Visual equipment against  Fire & allied Perils, Burglary, theft, electrical and mechanical breakdown.

 

5% of   each claim amount  with a minimum  of INR 2.500  will be borne by you.

 

Section IV: Protection to Domestic Appliances

This cover provides protection to domestic appliances against electrical and mechanical breakdowns. The claim amount includes cost of transportation for repair.

 

 The excess is   1% of claim amount subject to a minimum of INR 500 for each and every claim

 

Exclusions - What is not covered in HDFC ERGO my asset Insta Home Insurance?

 

The policy does not cover loss or damage due to

  • War, invasion, act of foreign enemy,
  • Ionizing radiations or contamination by radioactivity
  • Any consequential loss or damage, of any kind or description
  • Depreciation or wear and tear
  • Wilful act of the Insured, his/her family, domestic Staff

 

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