Home Insurance Add-on

If your rented property becomes uninhabitable due to insured perils like fire or flood, tenants may vacate, leading to loss of rent. Loss of Rent add-on reimburses the rental income you would have earned during the defined repair period, provided the damage is covered under the BGR policy and not due to exclusions.

If your self-occupied home becomes uninhabitable due to insured perils, arranging temporary housing can be expensive. The Rent for Alternate Accommodation add-on covers the cost of rented accommodation during repairs for a specified period, as per policy terms. It helps homeowners avoid unexpected out-of-pocket rental expenses until the damaged property becomes livable again.

Acts of terrorism can cause extensive property damage, and repairing or rebuilding after such events is financially draining for any homeowner. However, with this add-on protection, your house and its contents will be covered against the damages caused by terrorism-related incidents. Therefore, it ensures peace of mind in an unforeseen large-scale destructive event, like a terrorist attack.

After a fire, flood, or structural collapse, clearing the debris is a significant challenge and adds to recovery costs. This add-on reimburses reasonable expenses for the removal of debris. According to the BGR policy guidelines, the cover is limited to 2% of the claim amount. Basically, it helps in faster and smoother restoration of your property.

Homes often include additional structures like boundary walls, gates, garages, sheds, or solar panels, which may get damaged due to unforeseen events. This add-on extends coverage to such declared structures attached to your property, ensuring complete protection. It is especially useful for homeowners with high-value solar panels, landscaped gardens, or other outbuildings.