IFFCO Tokio Home Family Protector Policy


Introduction

Indeed your home is one of the most prized possessions. Not only your love and care but a lot of time has gone behind turning a house into a home. Although it is not possible to protect it from all unforeseen risks, you can take steps to help you face the unexpected events that otherwise could completely wrack your world. IFFCO Tokio’s Home Family Protector Policy is an apt plan to provide complete protection against all uncertainties.

Types of Coverage Available

The policy encompasses 12 sections, which offer comprehensive protection for the household assets and liabilities as well as family members and domestic help. It covers the following sections-

  • Section 1 - Fire and Allied perils= The residential building along with the types of contents are covered against earthquake, fire, flood, cyclone, etc.
  • Section 2 - Burglary= It covers the same properties as that in fire and allied peril section. It also covers damage caused by falling trees, breakage or collapse of television or radio.
  • Section 3 - Fixed Glass and sanitary fittings= It covers accidental breakage of fixed glass and sanitary fittings in the premises, including cost of frames.
  • Section 4 - Electronic equipment= It covers loss/damage caused to the electronic items like computer, printer, fax machine, etc.
  • Section 5 - Home entertainment equipment= It covers loss/damage caused to television/video equipment installed in your home.
  • Section 6 - Breakdown of electrical/mechanical appliances= It includes sudden and unforeseen breakdown of electrical or mechanical appliances which are installed in your house, provided they should not be more than 7 years old.
  • Section 7 - Personal accident= It covers you and your family against accident bodily injury leading to disablement or death.
  • Section 8 - Loan payment protection= If due to disability, sickness or injury, an individual finds it hard to pay EMI then this cover ensures the loan EMI payments.
  • Section 9 - Baggage = It covers loss/damage caused to baggage belonging to the policyholder and family members from accident or misfortune.
  • Section 10 - Liability= It covers your liability against the third party at the time of accident, bodily injury or property damage.
  • Section 11 - Increased living expenses= It covers those expenses which are incurred by you following damage to your home by perils covered under the section ‘fire and allied perils’.
  • Section 12- It covers all valuable items like jewelry, gold, silver and other precious metals or stones.

Points to Remember

  • At least 5 out of 12 sections have to be covered
  • By opting for 6 or more sections, you become eligible to get discounts
  • Apart from a few sub limits, there are no maximum sum insured limits under any section in the policy
Home insurance
Written By: PolicyBazaar - Updated: 22 January 2021

IFFCO Tokio Home Family Protector Policy Reviews & Ratings

0 / 5 (Based on 7 Reviews)
(Showing Newest 7 reviews)
Parul
Punjab, August 02, 2021
Inexpensive term plan
My friend is 30 year old and I am 25 years old and noticed a difference in our term plan price. I visited Policybazaar and read some blogs there. I found out that term plans are cheaper if you buy at young age. I am glad to buy this plan at the right time.
Amrita
Chail, August 02, 2021
Tax savings
I recently bought a term insurance policy from the website of Policybazaar. My plan has amazing features and some additional benefits due to an addon. The best part is I can also enjoy a tax rebate. I am so glad to buy this plan.
Pratap
Niwari, August 02, 2021
Purchased Online
My friend asked me to buy a term insurance plan online as it is cheaper and more convenient. I visited the website of Policybazaar and bought a term policy which offers great benefits at cheap rates. My online experience has been great. Thank you team.
Anurag
Modinagar, August 02, 2021
Protection against COVID
The pandemic had me worrying about the future of my family in my absence. I have been searching for a pure insurance policy to safeguard my family against any eventuality. With the help of Policybazaar now I my family is secure as a bought a specialized term plan made to help family of the policyholder.
Kashish
Meerut, August 02, 2021
Best customer service
I did not understand much about insurance but I knew one thing that I needed to secure the future of my family. I took help from the team of Policybazaar and they suggested me what would be best for me. I am happy with my plan. Thank you so much team.
Komal
Palwal, August 02, 2021
Huge coverage
I recently bought a term plan from the website of Policybazaar and I am happy with the product. I got a higher coverage term plan with additional benefits and at cost effective price. Now I am worry free for the future security of my family in my absence. Thanks.
Harisha
Gurgaon, August 02, 2021
Quick to buy
My friend suggested me to buy a term insurance plan online. I visited the website of Policybazaar and it took me about half an hour or maybe less to buy the plan online. The experience was smooth and I am happy with my plan. Kudos team.