Choose the best home insurance policy at PolicyBazaar and safeguard your house from natural and man-made disasters.
IFFCO Tokio Home Insurance by IFFCO Tokio is a foremost General Insurance company. They are providing their services to a large customer base in India. It ranks among top companies in India and providing varied range of products to their customer especially designed as per their need. It is a trusted brand name among their customer. They have their expert team of Insurance analyst, who make sure to value your hard earned money and provide you the comprehensive cover exclusively designed as per your need. They provide full transparency in their services. The entire product range is available online, so it is very convenient for customer to buy their product at their ease. Their Claim settlement process is also very fast and prompt.
Own a home is one of the major milestones of life. It takes your hard earned money and ample of time to build a home of your dream. Home is the biggest asset of anybody’s life. Investment in your house is an investment for life time. Therefore to safeguard your home is of utmost importance. It is essential to save your house from some unavoidable man made or natural calamities. It is very costly affair to repair your house after the casualty; even you can become homeless in certain circumstances, for instance earthquake or fire.
Home Insurance is thus a plan to provide cover to your home and its content against unforeseen tragedies. This policy may cover losses occurring to your home, its content, or loss of the other personal belongings of the house owner. It also covers any legal liability on house owner for the accidents which may happen at the policy territory.
Home insurance policy from IFFCO Tokio provides comprehensive plan to cover broad range of risks and perils. This policy provides protection to your home, its content, assets, liability, interest and those of their family.
Two types of Home Insurance Plans are provided by IFFCO Tokio:
This policy understands that your home and family is very important to you. Your love, care, money and time are invested in your house. You can’t guard your home from all the possible risks, but you can definitely take the steps to overcome from these risks by providing total protection cover. IFFCO Tokio’s Home and Family Protector Policy is a comprehensive plan to provide protection against all sort of possible uncertainties.
It is an All-in-one plan which provides you the insurance cover to your home, its entire assets, liabilities and interest of yours as well as of your family members.
What is insured?
IFFCO Tokio provides discount in premium if you opt for multiple cover options by selecting their various section of the policy. This plan consists of 12 different sections under which a range of properties are covered. Below mentioned are the properties which are covered under this plan:
Section 1- Fire & Allied Perils:-
As per section -1 your building as well as the different contents of building is covered against fire, bursting, explosion, overflowing of water tanks, strikes, malicious damage, riots, earthquake, cyclone, flood, landslide etc. This section also covers-
This section also covers below mentioned features with some extra premium-
Section 2- Burglary and other Perils:-
As per this section your building as well as the different contents of building is covered agasint housebreaking, robbery, burglary, or dacoity. It also covers collision damage by falling trees, lamp post, electric poles, breakage or collapse of television or radio aerials or satellite dishes, and any damage by civic authorities in avoidance of fire.
Section 3- All Risk:-
This section provides cover to valuable items such as Jewellary, Gold, silver, other precious metals or stones, clocks, watches, video cameras, photographic instruments, microscopes, telescopes, cameras, musical instruments, sports equipment which also includes guns against accidents or calamity in anywhere in India
Section 4- Fixed Glass and Sanitary Fittings:-
This section provides cover to fixed plate glass and sanitary fittings in the house/premises of the proposer against any accidental breakage. It also includes frames or framework, lettering or painting etc.
Section 5- Electronic Equipment:-
This section provides cover to electronic equipment installed at your home such as computer, data carrying material, fax machine, accessories etc.
Section 6 (A/B/C) - Home Entertainment Equipment, portable computers and mobile phones, and Pedal Cycle:-
This section covers all the home entertainment equipment breakdown of the domestic appliance such as portable computer, mobile phones, and data carrying material etc against any unintentional or unanticipated damage worldwide.
This section provides covers the loss or damage to pedal cycles against Accidents or misfortunes by external means, including Third Party bodily/ personal injury or third party property damage caused by pedal cycle.
Section 7- Break down of Electrical or Mechanical devices:-
This section covers all the mechanical or electrical breakdown of electronic or mechanical devices such as refrigerator, Air conditioner, washing machine up to 7 years of age against any unintentional or unanticipated damage.
Section 8- Personal Accidents:-
This section covers the physical damage or death of the insured by any accident, violence or any other external and evident means which is mentioned in the policy. This section also covers additional benefits such as ambulance charges, education fund, dead body carriage cost, damage to cloths, and rehabilitation cost to insured person to get rid from shock of injury, also cost for modification or repair of house or vehicle after accident.
Section 9 – Loan Payment protection:-
This section provides protection for repayment of your monthly EMI for loan against home, vehicle or any consumer durables etc for maximum period of 1 year, in case of total disablement of the insured person due to sickness or accidental injury
Section 10- Baggage:-
This section provides cover to the baggage carried by the insured person and his/her family members against accidental loss or damage while travelling anywhere in world for business purpose or holiday.
Section 11 (A/B/C) - Liability:-
This section covers the legal liability of insured person for any physical injury or loss or damage to the property of third party. This section also covers the Workmen’s Compensation liability of the insured to domestic servant working in the premises of the Insured person. This policy also covers your liability as tenant to your landlord under tenancy agreement for damage to building or electrical fittings or installation due to perils covered under section 1 and section 2.
Section 12 – Increased Living Expenses:-
This section covers the cost of migration for you, your family and domestic help, emergency medical treatment cost up to certain limit, cost of hiring furniture, and cost of removal of house content, emergency accommodation to guest house or hotel followed by damage to your home.
IFFCO Tokio Home Suvidha Policy:
It’s a complete protection plan which protects your family from wide range of perils and risks. Different Sum Assured are available under various categories; one can opt for any category as per the extent of risk.
Exclusion under IFFCO Tokio Home Suvidha Policy:
If any damaged item will be kept in operation without being repaired to company’s satisfaction or temporary repairs are carried out without company’s consent, then the companies’ liability under any section of the policy for this damaged item will be ceased.
For the online payment mode, the policyholder can pay via;