Bajaj Allianz Home Insurance

Insurance has become part and parcel of people's lives. These days, many people opt for a home insurance policy for securing their home and belongings against the risks and uncertainties of life. Bajaj Allianz Home Insurance could be the ideal option for people seeking a comprehensive home insurance policy. Bajaj Allianz is a popular insurance company that provides a wide range of insurance products to its customers.

Bajaj Allianz Home Insurance Policies

Bajaj Allianz offers three different types of insurance policies which cater to the needs of different types of customers. They are as follows:

My Home Insurance Cover

If you wish to protect your home against unforeseen incidents and accidents, you can opt for this insurance policy. It provides comprehensive coverage against a massive range of risks such as fire, burglary, human-made and natural calamities. The company offers three different plans, known as, Reinstatement Value Basis, Agreed Value Basis and Indemnity Basis. You can select a plan which suits your needs the most.

Features and Benefits of Bajaj Home Insurance

• Offers complete protection to properties, contents and interest of the individuals along with the family members.

• Protects your home against losses/damage from natural calamities, burglary and fire.

• Offers attractive rebates and affordable premiums to its customers.

• Provides coverage for artwork, jewelry and other valuables goods.

• The company also offers many add-ons which can help you in customizing your policy and increasing the coverage

• Offers benefits for renting a separate accommodation.

• The tenure varies from 1-3 years

Bajaj Allianz House Insurance Add-Ons

• Loss of rent coverage

• Lock and Keys replacement cover

• Temporary resettlement cover

• ATM withdrawal robbery cover

• Public liability cover

• Dog insurance cover

• Employees compensation cover

• Cover for a lost wallet

Exclusions for the policy

• Non-disclosure of information about any material, misdescription or misrepresentation

• Damages that existed before the home insurance policy was taken

• Manufacturing defects of electronic, mechanical and electrical items

Eligibility

Owner or tenant of an independent house/ flat/ apartment which is less than 30 years and the building isn't kutcha construction can choose this policy for insuring its structure or contents.

HouseHolders Package Policy

This insurance policy is furnished for protecting your home and its contents against the risks and uncertainties of life

Features and Benefits

• Affordable Premiums

• Offers attractive rebates to the policyholders

• Offers protection to the properties of the building, which includes electronic appliances, important documents etc.

What is covered under this insurance policy?

• Fire & Allied Perils

• Theft of Jewelry & Precious Items

• Burglary

• Theft of Electronic Equipment & Domestic Appliances due to the accident

• Baggage

• Pedal Cycles

• Plate Glass

• Compensation for the workers

• Personal Accident Insurance

Exclusions

• Jewelry, valuables and precious items

• Items that can be consumed

• Damage/Loss caused by wear and tear and depreciation

• Cell phones or any other communication devices

You must read your policy document carefully for getting an idea of the coverage offered and tenure of the policy.

Easy Householders Package Policy

This policy offers basic protection to the commodities at your home. It's a clear policy which lets you choose from three different plans

Features and Benefits

• Affordable Premium Packages

• Offers a wide range of necessary covers

• Comes with an easy claims and settlement process

What is covered under this policy?

• Fire and related accidents

• Theft and Burglary

• Breakdown of Electronic Equipment & Domestic Appliances

• Baggage

Exclusions

• Jewelry, valuables and precious items

• Consumable items

• Loss/Damage caused due to depreciation and wear and tear

• Communication devices or cell phones

• Consequential loss or depreciation

You must read your policy documents carefully to know the list of properties and assets which are excluded from the policy.

Bajaj Home Insurance Claims Process

• For making a claim, you need to submit the Claim Form along with other necessary documents. The 'Claim Form' can be downloaded from the official website of Bajaj Allianz.

• If you suspect that household items have been damaged in transit, you should insist the packers and movers' company make an open delivery and acquire the certificate from the carrier which will be needed for making a claim.

• You can contact the customer service of Bajaj Allianz to get information regarding the documents required for initiating the claim process.

FAQs on Bajaj Allianz Life Insurance

I stay in a rented apartment. Can I obtain Bajaj Allianz Home Insurance policy?

Yes. You can get a home insurance policy if you're a tenant in an independent house.

My house is 42 years old. Can I apply for a home insurance policy?

No, your house must be 30 years or less for you to apply for a home insurance policy.

I want a home insurance policy that covers my jewelry. Which policy should I opt for?

You can select the My Home Insurance Cover policy since it covers jewelry and other valuables.

Does the HouseHolders Package Policy provide coverage for mobile phones?

No, this policy doesn't cover for cell phones.