Bharti AXA Home Insurance

4.1 / 5 based on 24 User Reviews

Bharti AXA Home Insurance Overview

Bharti AXA General Insurance Company Limited is a joint collaboration between a leading Indian business group Bharti Enterprises and AXA, a global leader in insurance sector, financial protection and wealth management. The company marked its presence from 2008 and it is the first general insurance company to receive dual certification of ISO 9001:2008  and ISO 27001:2005 within the first year of its operations in India and thereafter the certification was renewed for another 2 years. The vision of the company is “to be the most preferred general insurance company for customers, employees, shareholders, business partners and the society. Bharti AXA’s comprehensive and inventive insurance plans are such that it meets the requirements of an individual as well as the organizations. Various products ranging from the basic insurance plans like health insurance plans travel insurance plans, home insurance plans to business/ corporate solutions/ plans, SME solutions/ plans, motor insurance plans, two wheeler plans and a lot more. Here we will discuss about the Home Insurance Plans for this company.

Home, a place where any individual spends most of his/her time and therefore each moment is valuable. Any individual spends on home the most in his/her entire lifetime. And in today’s increased risks of burglary, fire, natural calamities, it becomes utmost important to safeguard such important asset of life. Bharti AXA insurance has perfect Home Insurance Plans which protects the house in every possible way.  An ideal solution to invest in Bharti AXA home insurance plans named as SmartPlan Householder’s package Plan which offers an extensive coverage for the house and the household contents.

Under SmartPlan Householder’s package Plans of Bharti AXA, there are various plans which are as follows:

Basic Insurance Cover : Under this plan, the following things are covered:

  • Fire Insurance plan for building or the structure.
  • Fire insurance plan for the contents.

Basic Insurance Cover : Under this plan, the following losses are covered:

  • The Basic cover.
  • Burglary insurance Plan which again covers fittings, fixtures and personal contents.

Now we will see the coverages under the above two plans.

The Basic Home Insurance plan covers the followings:

Section I : The Company will indemnify the insured under this plan where the loss or damage has occurred to home, fixtures , fittings and renovations caused by fire and allied perils. Such loss or damage if its more than the sum insured, then the insured person will have to pay the reasonable proportionate of the difference amount. This plan also provides the coverage to the loss or damage caused by Fire and Allied Perils including earthquake to the below mentioned things. However the same is limited to Sum Insured.    

  • Underground Services – Drain, water, electricity cable, sewer, drain inspections.
  • Capital additions, alterations and improvements to the building. However the same should not exceed original 10% Sum Insured of Section I.
  • Tenant Fixtures
  • This plan also the reimburse to the loss or damage to Locks and Keys.
  • Fire extinguishing expenses:  Specific expenses made on the fire extinguishing expenses are also covered.

Section II (a): Home Contents: The Company will indemnify the insured under this plan where the loss or damage has occurred to Home Contents due to

  • Fire and other Allied perils which includes earthquake as well.
  • Burglary, housebreaking and hold-up.

The coverage under this plan is limited to the Sum Insured only and the basis of valuation will be market value or reinstatement value as chosen by the insured person. Such loss or damage if its more than the sum insured, then the insured person will have to pay the reasonable proportionate of the difference amount.

Section II (b): Valuables: Under this plan, the Insured is covered against the loss or damage to valuables caused by accident or misfortune while anywhere I India which covers the risks as mentioned below. The valuables owned by the insured as well as worn by the insured and/or family members of insured’s family permanently living with the insured person.  

  • Fire and other Allied perils which includes earthquake as well.
  • Burglary, housebreaking and hold-up including theft.
  • Robbery, snatching away and waylaying.

Section II (c): Appliances:  Under this plan, the Insured is covered against the loss or damage to valuables caused to the appliances by:

  • Fire and other Allied perils which includes earthquake as well.
  • Burglary, housebreaking and hold-up.
  • Breakdown.

Section II(d)  Fixed Plate Glass and Sanitary Ware  which includes fixed mirrors and glass top fixtures : Under this plan,the Insured is covered against the loss or damage to valuables caused to the fixed plate lass and sanitary wares owned by the insured and contained in insured’s home due to fire and allied perils as well as accidental loss or damage. The coverage is limited to the Sum Insured.

Section II(e)  Automatic Inclusion Addition : This plan is an extension to the plan under Section I(a) which is any new addition or inclusion in the home contents purchased, upto 10% of the Sum Insured vale will be covered against the loss or damage due to fire and allied perils, burglary, housebreaking, hold-up.

Section II(f)  Loss of Title Deeds : Under this plan,the Insured is covered  with the actual expenses reimbursement against the loss or damage to Title Deeds  caused due to fire and allied peril, burglary, housebreaking, theft, robbery, waylaying and snatching.

Section II(g)  Loss of Passport : Under this plan,the Insured is covered  with the actual expenses reimbursement against the loss or damage to Title Deeds  caused due to fire and allied peril, burglary, housebreaking,  hold-up including theft, robbery, waylaying and snatching.

Section II(h)  House hold Removal, Removal of contents and appliances from the present to a new building  : Under this plan,the company will indemnify the insured against the loss or damage to home contents while they are being transported / moved ( rail or road)  by the professional packer and movers to a new home anywhere in India. The plan also includes a temporary storage upto 7 days.

Section III Personal Accident: This plan provides the compensation or covers the loss caused to the insured individual solely and directly by accidental, violent, external and visible means resulting in death or permanent or partial disablement within 12 months of the date of the accident. It provides the cost of transferring the dead body to home with maximum amount if Rs 2500/-. Further, educations benefit of Rs 5000/- is also given if the insured has one dependent child upto age of 23 years and is pursuing studies. And if the insured has more than one dependent child upto age of 23 years and is pursuing studies, then the amount will be Rs 10000/-.

Section IV Loss of Rent: This plan provides the compensation or covers the loss of rent caused to the insured individual resulting from damage by fire and allied perils including earthquake.

Section V:  Additional rent for alternate accommodation: Under this plan,the company covers the payment of expenses of additional rent for alternate accommodation which s being availed by the insured person if there is a destruction or damage by fire and allied perils including earthquake.

Section VI Pedigree Pet: Under this plan,the company will indemnify the insured against the accidental death or theft of Pedigree Pets . The coverage is limited to the Sum Insured under the plan.

Section VII  Baggage : Under this plan,the company will indemnify the insured person or his/her family members who permanently resides with him /her for personal baggage while travelling anywhere in India which is lost, destroyed or damaged due to accident or misfortune.

Section VIII Legal Liability: Under this plan,the company will indemnify the insured against the accidental death, bodily injury, illness or disease to employees or the third parties.

Scope of Fire and Allied Perils : The plan covers the loss or damage arising out of Fire and special perils. The coverage’s are as follows:

  • Fire: Under this plan, loss against fire is covered excluding damage or destruction caused to the property either by the  normal heating process , or by its own fermentation or by natural burning or if the same goes through  any heat process as well.  Also burning of the insured property by order of any Public Authority is also excluded under this plan.
  • Lightening: Natural calamity of lightening is covered under the plan.
  • Implosion/Explosion: Both explosion and implosion are covered except damage or destruction caused to the property by
    • To Boilers.
    • Caused by centrifugal force.
    • Aircraft Damage: Damage, destruction or loss caused by aircraft, other aerial or space devices and articles dropped there from except which are being caused due to the pressure.
    • Riot, strikes and Malicious Damage: Coverage is given for any physical damage, loss ,destruction caused by peripheral and aggressive ways which are caused directly to the property apart from:
      • Total or partial cessation of work or interruption of any progression or sequence or development.
      • Unending or provisional withdrawal.
      • Unending or provisional withdrawal of any building from unlawful profession of any individual.
      • Housebreaking, burglary, theft, larceny or any such act by any individual.
  • Damage, destruction or losses caused by natural calamities like mentioned are also covered under this plan. Storm, cyclone, typhoon, tempest, hurricane, tornado, flood and inundation, excluding those resulting from earthquake, volcanic eruption and other related convulsion of nature are also enclosed beneath this plan.
  • Impact Damage: Direct physical damage,  loss  and  destruction caused to the property which  has been insured due to  any impact by any rail, road, animal  or vehicle by direct make contact with which does not belong or neither owned by the Insured or the inhabitant of the property or Insured’s workers while acting in the way of their service or their employment.
  • Subsidence and Landslide / Rockslide :Coverage for destruction or loss caused by Subsidence of part of the spot or location on which the property stands or landslide as well as the  rockslide with the exception of:
    • Usual cracking and gradual movement of the new structures.
    • Settlement or movement of made up ground.
    • Coastal or river corrosion.
    • Faulty design by workmen.
    • Destruction, creation, maintenance or construction wise modification of any property.
    • Coverage is given for any bursting and or spilling over of Apparatus, water tanks and Pipes.
  • Full coverage is also given for the bush fire but excluding the damage, loss and destruction which are being caused due to the woods fire.
  • Coverage is also provided for Projectile/Missile Testing functions or operations.
  • Coverage is provided for under the plan for leakage from Automatic Sprinkler Installations.
  • Earthquake due to Fire and Shock, the two most common causes, are also covered under this plan.

Scope of Burglary and /or Housebreaking / Hold-up: This covers the following:

  • Loss or damaged caused due to attempted burglary and/or housebreaking/ hold up.
  • Damage to insured’s home and or safety resulting from burglary and /or housebreaking or any attempted threats or dangers subject to a maximum of 5% of Sum Insured.

Scope of Breakdown of appliances i.e, mechanical, electrical / electronic appliances: This covers loss for unforeseen and sudden physical damage caused by and solely due to mechanical and/or electrical breakdown.

Additional Covers under the plan

The following are the additional or optional coverages.

  • Jewellery and Valuable cover: It includes both silver and gold jewellery and valuables like camera, watches against fire, burglary, theft, waylaying, snatching and natural calamities.
  • Domestic Appliances Cover: The same includes refrigerator, washing machines, against fire, burglary( excluding theft) , natural calamities and breakdown.
  • Terrorism Cover: This plan includes the building and content against any damage or losses caused due to ay acts of terrorism.

Exclusions of the policy:

No indemnity is allowed in the following situations:

  • The plan excludes the loss and or damage which arises due to war whether the same has been declared or not, invasion, hostilities, act of foreign enemy, civil war, mutiny or civil turmoil.
  • The plan excludes the loss, damage and destruction caused due to stubborn act of the insured person.
  •  The plan excludes Loss, damage and destruction which are caused directly or indirectly to the property which has been insured by emission of energy , ionizing or contamination by radioactivity from any nuclear energy or from any nuclear devastate and also by radioactive noxious explosives.
    • The plan excludes the loss, damage and destruction caused to the property of the insured which are caused due to smog or by contagion.
    • The plan also excludes the loss of pay or any other related substantial or indirect loss and damage of any type.
    • The exclusion also states the loss or damage which occurs due to depreciation or normal wear and tear.
    • Certain valuable items are excluded in the list of covered items like manuscripts, drawings, plan or other items like coins, stamps, or cash, ATM Cards or jewellery
    • Loss or damage caused to any electrical machine, apparatus, fixture or fitting arising out of overrunning, excessive pressure, self heating, short circuiting, arcing, or leakage of electricity.
    • All expenses incurred for Architects, Surveyors, and Consulting Engineer’s fees and debris removal by the insured following the loss in excess of 3% and 1% of the claim amount respectively.
    • Loss by theft during or after the incident of any of the insured perils except as provided under riot, strike and malicious damage cover.
    • Loss of earnings or any other consequential or indirect loss and damage of any kind.
    • Loss to livestock, motor vehicles and pedal cycles.

Claims

  • One can call at the 24x7 toll free number at 080 49123900 to register a claim at the earliest.  The following details are to be furnished:
    • Name of the Insured person
    • Nature of loss.
    • Date, time and location of loss.
    • Policy Number.
    • Contact Details.
    • One can also email at claims[at]bharti-axagi[dot]co[dot]in
    • The basic documents under the plan  are as follows:
      • Claim form.
      • Death/ Disability Certificate.
      • Admission or Discharge Summary.
  • On receipt of the documents and investigation reports, the company will inform the policy holder on the claim status within 10 days..

Contact Bharti AXA Insurance

  • One can call at   24x7 toll free number for any query, comments or anu other service.
  • SMS “SERVICE” to 566700.

Email at customer[dot]service[at]bharti-axagi[dot]co[dot]in

Bharti AXA Home Insurance - FAQs

1. How to pay premium? What are the modes of payment available?

Bharti AXA Home Insurance provide their customer three different modes for payment of the premium.

  • Online Payment
  • Auto Debit with a mandate
  • Cash/ Cheque payment at banks

Policy holder can sign the mandate that the company provides at the time, the policy is signed. You can also rule out that and pay the amount directly to the account either by cheque or cash or by online banking mode.

2. How can I check policy status for Bharti AXA Home Insurance?

If you are a policy holder, you can directly go to the site of Bharti AXA, and provide the details of your policy number, and date of birth as a mandate. You will find that your name and the details of the policy will be popped out in a window. You will have to click on the Check Details tab. There you will find the last payment date, next due date and the number of payments left. You can also register your mobile number and thus you will get the details of the date and amount of the policy directly by SMS on your registered phone.

3. What is the policy renewal process for Bharti AXA Home Insurance?

In general the mandates are signed buy the agent so that the users and the policy holder face no hazard. However you can opt for manual payment. In that case you will get a SMS of the due date. You will have to go to the site and pay the due amount for the renewal.

4. What is the company’s process to settle claim for Bharti AXA Home Insurance?

Generally the claim is settled within seven days of the accidents. If you are having a medical facility, then you will be provided a card and the list of nursing homes, where you can get the discount. For other cases, the officer from the company will visit your home or the spot and after inspection, the claim will be settled. They might ask you to submit some documents in this process.

5. What is the policy cancellation process for Bharti AXA Home Insurance?

You can get through the toll free no, and order for cancellation of the policy. They will give you certain instruction to carry some documents to the help desk. You will have to wait for a month after the documentation. After the policy is cancelled, you will be given an intimation letter at the registered address.

Bharti AXA General Insurance Co.Ltd.,
First Floor,The Ferns Icon,
Survey No.28NexttoAkmeBallet,

Doddanekundi,
Off Outer Ring Road, Bangalore - 560037

Bharti AXA Home Insurance Reviews

TOTAL REVIEWS (24)
Gaurav
Gangapur
August 01, 2016

Good Investment

Recently my friend show me his insurance policy, very impressive terms and conditions i have seen in it. Then i purchased it for my self the insurance is bharti axa home insurance plan in very low budget. The cover is huge and claims are easy to approved because of fast service.

Pratiyush
Bhagpat
July 21, 2016

Bharti home insurance

I have bharti axa home insurance plan which facilitate me the best service among all the others. Burglary, theft, housebreaking losses are reimbursable and even valuable belongings too. The policy provides not only home security but it saves taxes too.

Manak
Kutumba
July 05, 2016

Home Security

My home insurance plan is very good which has great service provided by the company members. Policy coverage is good and claims are high which easily sanctioned. Premiums are less and payback returns are high. Updates can be seen on online service.

Abhinav
Gangapur
June 24, 2016

Fine Home Insurance

The home insurance plan is good and it gives many benefits like it insure most of the belongings present in the house. The theft, burglary, housebreaking problems are reimbursed by the insurance policy b y the company. Good investment plan, which reduce my taxes too.

Naveen
Nasik
June 01, 2016

Great Deal

Home insurance plan provided by bharti axa general insurance is great. The premium is low and claims are good. Claims easily sanctioned due to fast service facilitate by executives and staff members. This plan covers the accidental loss or damage caused due to personal baggage which the insured person or his family member carries while travelling anywhere in India.

Mayank
Gurgaon
June 01, 2016

Awesome

I got very nice policy, bharti axa home insurance plan. The premium is low and the policy coverage is high ~90%. Home insurance plans covers the loss from burglary, fire and natural calamities. The plans cover for jewellery, valuable art work and other valuables too. Executives facilitate good service with calm nature. I like the plan.

Lalit
Coonoor
June 01, 2016

Manageable

I purchase bharti axa home insurance plan. The policy coverage is high ~87% and the policy claims are high too. The claiming procedure is simple because the executives and staff members facilitate the best services and the behaviour is nice & calm. I like the policy plan.

Kamal
Ulhas_nagar
June 01, 2016

High Returns

Bharti axa home insurance plan is the best plan. The policy coverage is 89%. Premiums is low and the claims are high even the claiming process is simple due to fast service facilitate by the executives and company members. The house is secure from natural disasters and maximum refund is sanctioned. Good terms and conditions. Good investment.

Jiten
Vadodara
June 01, 2016

Average Plan

My house is secure with bharti axa home insurance plan. The policy is great, the premiums are low and the payback returns are high. The belongings like glass plates, cycle, etc. are insured in the plan. The service you provided is fast and always on time. Good investment which reduces tax.

Hitesh
Rai_bareilly
June 01, 2016

Not Satisfactory

I have bharti axa home insurance plan but the policy is not good. The premiums are high and the policy coverage is low `67%. The claims are less and the claiming part is slow due to slow services provided by the executives and the staff members. Please improve your web service too.

Gagan
Kota
June 01, 2016

Good Work

Last year I take bharti axa home insurance plan for my house. The plan is good and the premium is low that make's me happy. Policy coverage is high ~89% and the claims are good. Service is awesome and on time. Me and my family is happy with the terms and conditions of the plan. It reimburse the loss of valuable items, belongings and more.

Firoz
Manesar
June 01, 2016

Trustworthy

Bharti axa home insurance plan is good policy which I took for my new house. The policy cover not only the house but it's many belongings. The premium is low and policy coverage is high. Claims are easy to get due to fast service facilitate by the executives and staff members. Nice policy, I'm happy to have it.

Devesh
Hoshiarpur
June 01, 2016

Fair Policy

The policy I have is very nice and the paybacks are high. Bharti axa home insurance plan is the policy which facilitate great service which provided by the staff members and executives of the company. Policy coverage is high and claims are easily sanctioned. Many items are secure in this policy.

Saahir
Ghaziabad
June 01, 2016

Tax Saver Plan

My home insurance plan is with bharti axa general insurance. The policy coverage is high and claims are even better. Service facilitate by the executives and staff members are really very good with calm nature. Premium is low and paybacks are high. Good future investment which save taxes.

Akash
Kamalpur
June 01, 2016

Satisfactory Plan

My friend suggested me to buy home insurance plan so after searching on web, I took it from bharti axa general insurance. The policy is good and company provide many benefits like coverage from theft, burglary, housebreaking. Premium is low and the claims are high. Good plan, I'm satisfied with it.

Eklavaya
Deoli
June 01, 2016

Good Investment

I own home insurance plan which I purchase from bharti axa general insurance. Policy coverage is high and claims are even better. Service is outstanding provided by the staff of the company. The updates regarding policy is mailed regularly to me. Good investment, I like the policy.

Rahul
Lonavla
June 01, 2016

Future Security

The policy I have is very nice with huge benefits. Bharti axa home insurance plan which has low premiums. Service is quick and behaviour of the executives of the company is really very nice with calm nature. Good paybacks and covers many things and of course house too.

Tanishk
Ballabhgarh
June 01, 2016

Fantastic

Bharti axa general insurance is one of the best insurer, I took home insurance plan from them. The service provided by the company is fast and on time. Good investment which reduces taxes too. Premiums are low and payback returns are high. Policy coverage is high and claims are easily cleared, no paperwork for any case. All work is done hassle free.

Yajan
Greater_noida
June 01, 2016

Better Plan

I bought bharti axa home insurance plan which facilitate many things like fast service which is on time too. Policy coverage is high and claims are high too. The policy reimburse the amount if any damage to the property by burglary, theft. Overall, Nice policy I like the plan.

Uttam
Siliguri
June 01, 2016

Coverage Is Good

I have bharti axa home insurance plan. The policy coverage is high ~89% and claims are even better. Premium is low but the paybacks are much more than that. Many items and belongings are insure in this policy including house. The damage due to burglary, theft, fire, and many other things are recovered by the policy.

Ishita
Aligarh
June 01, 2016

Above Average

Finally got policy which I'm looking for. Bharti axa home insurance plan is the best. The policy is insure not only house but the belongings to. The loss causes by burglary, housebreaking, theft is reimburse. The behaviour of the executives is very nice and calm. Good policy, I like it.

Ojasvi
Jorhat
June 01, 2016

Nice Policy

Bharti axa home insurance plan I have which provide me many benefits like the premium is low, policy coverage is high, Claims are good and easily sanctioned due to fast service facilitate by executives and staff member of the company. Daily updates are send to me regarding policy plan.

Prashant
Kanpur
June 01, 2016

Good

I purchase bharti axa home insurance plan. The plan is good and the service provided by the executives is fast and on time. Low premiums and returns are big. The policy insure house belongings also including home. Policy recover the loss which occur by burglary, theft, house breaking. Good future investment which save my taxes too.

Manish
Indore
February 19, 2016

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