Protect your house from calamities @ just ₹9/month*
Compare and Save
Compare and save up to 28%**
Bank-approved policy copies
Bank-approved policy copies
No paperwork
No paperwork
Instant online policy issuance
Instant online policy issuance

So that we know what to call you.


We'll send your policy copy & important updates to this number.

By clicking on "" you agree to our Privacy Policy & Terms of Use
Get Updates on WhatsApp
Top Insurers
New India

Bharat Griha Raksha Policy

Bharat Griha Raksha Policy is a standard home insurance policy offering coverage against several allied perils and fire-related risks to the insured home structure and its content.The IRDA (Insurance Regulatory and Development Authority of India) has made this policy effective from April 1, 2021, and issued guidelines to offer this policy to individuals.

Read more

What is Bharat Griha Raksha Policy?

Bharat Griha Raksha policy (also known as Bharat Griha Raksha Yojana) is a standard home insurance policy available at an affordable premium. This insurance plan covers several types of residential properties in India. Moreover, the insurance regulatory made it compulsory for all general insurance companies to offer this standard plan. Hence, insurance providers have started offering this plan from April 1, 2021.

Bharat griha raksha policy Bharat griha raksha policy

Coverage Under Bharat Griha Raksha

  • Loss or damage caused by fire accidents, explosions implosions
  • Loss caused to the insured property by natural calamities such as earthquakes, storms, typhoons, landslides, hurricanes, volcanic eruptions, tornados, tsunamis, etc.
  • Loss caused by forest fire and bushfire
  • Loss caused due to external impact or collision such as aircraft, falling trees, vehicles, etc.
  • Loss or damage caused to the home content.
  • Loss/damage to the electric or electronic machine
  • Loss/damage of any apparatus inside the home structure
  • Loss/damage by over-running of any machinery, arcing, or self-heating
  • Loss/damage due to some particular machines

*Disclaimer: The above-mentioned inclusions/exclusions are general coverage of the Bharat Griha Raksha policy. For detailed/precise understanding, kindly refer to the policy wording.

Some Interesting Facts about Bharat Griha Raksha Policy

If the insurance amount is capped at ₹ 10 Lakh, then 20% of the SI is provided for the general content of the home. The physical loss or damage caused to the insured's property will be covered if reported within seven days. If there is severe damage, the associated cost is covered, and 2% of the claim amount is for a reasonable price.

Add-on Covers in Bharat Griha Raksha Policy

The insurance companies provide optional cover (add-on covers) with in-built and basic cover. Under this plan, there are two optional covers provided by the insurer-

  1. Valuable Content Cover- On an agreed value basis, there is a cover for valuable content like jewellery, cash, etc.
  2. Personal Accident Cover- PA cover to the insured and their spouse. However, if you have not opted for a sum insured more than ₹ 5 Lakhs, you do not have to submit a valuation certificate. In BGR policy, the additional premium for these add-ons cannot cross 50% of the basic premium amount.

Type of Coverage in Bharat Griha Raksha Policy

Generally, three types of coverage are offered in the Bharat Griha Raksha policy. Depending upon your need & budget, you can choose any type-

  1. Only Building Structure Cover

    Under this policy, you get coverage for the damages caused to the building structure, such as the base foundation, walls, and roof. Hence, if there is any damage to the building structure due to any natural/man-made calamity mentioned in the policy inclusion, you can raise a claim under this type of policy.

  2. Only Home Content Cover

    This type of policy offers coverage for all the home content irrespective of the sum insured. Furniture, electrical appliances, etc., are some popular content that can be covered in this policy.

  3. Building Structure and Content of Home Cover

    Under this policy, you get comprehensive protection against several risks for the building structure and home contents. The policy covers:

    • Repairing expenses in case of damage/loss caused to the insured property/contents.
    • Reconstruction expenses in case of total or complete loss of the insured property/contents.

Types of Buildings Covered Under Bharat Griha Raksha Policy

When you opt for a Bharat Griha Raksha policy, you can protect several types of buildings, such as:

  1. Independent Building

    The policy covers the standalone buildings or a rented building where you reside against natural and man-made calamities.

  2. Villas

    The policy offers coverage to the independent villa or a house from potential risks and several unforeseen instances.

  3. Flats or Housing Society

    This policy covers independent flats located in housing societies. Both rented and owned flats can be covered under the Bharat Griha Raksha policy.

FAQs About Bharat Griha Raksha Policy

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Home Insurance Articles
Buying your dream house can be one of your most significant investments in life, for which you might avail of...Read more
21 Sep 2023 by Policybazaar 3055 Views
Housing society insurance is a one-stop solution for all residential societies against unforeseen damage caused by...Read more
14 Feb 2024 by Policybazaar 322 Views
Purchasing a home is one of the most financially sound decisions one can make. Any decision taken in a hurry might...Read more
07 Feb 2024 by Policybazaar 261 Views
Common Inclusions and Exclusions of Home Insurance Policy In India, several insurance companies are offering various...Read more
05 Apr 2022 by Policybazaar 1553 Views
Owning your dream house is one of the significant milestones in a lifetime. Remember, your home is not merely a...Read more
30 Jan 2024 by Policybazaar 264 Views
A sum insured in home insurance refers to the maximum payout...Read more
18 Apr 2024 by Policybazaar 11 Views
In home insurance, it is essential to know the differences...Read more
16 Apr 2024 by Policybazaar 23 Views
Having a home of their own is a significant milestone in one's...Read more
15 Feb 2024 by Policybazaar 158 Views
Housing society insurance is a one-stop solution for all...Read more
14 Feb 2024 by Policybazaar 322 Views
Purchasing a home is one of the most financially sound decisions...Read more
07 Feb 2024 by Policybazaar 261 Views
  • Disclaimers+

    #Savings of 28% are based on the comparison between the highest and lowest premiums for a pucca building with sum insured of ₹ 1 crore at Delhi, for property age less than 5 years and policy term of 11 years.