New India Assurance Householders Policy

This policy provides shield to the building/structure and contents/valuables of your house. It reimburses the cost of construction/repair in case of any damage to the building because of an uncertain event like earthquake, flood, explosion etc. and it also covers damage to your valuables in case of theft, burglary and electrical breakdown etc.

New India Assurance Householders Policy

4.4 (120 reviews)
Get insurance for Home loan or Personal security in just 5 minutes.


New India Assurance Householders Policy

4.4 (120 reviews)
Get insurance for Home loan or Personal security in just 5 minutes.
What’s covered?
Violent disturbance
Fire
Natural disasters
Policybazaar advantages
365 days support system
Easy claim process
Instant online policy issuance

**All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*The premium of ₹ 9/month is for a pucca building with sum insured of ₹ 5 lakh at selected locations, for property age less than 40 years and policy term of 1 year. Additional premium is payable for the optional covers including contents opted.

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**All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*The premium of ₹ 9/month is for a pucca building with sum insured of ₹ 5 lakh at selected locations, for property age less than 40 years and policy term of 1 year. Additional premium is payable for the optional covers including contents opted.

New India Assurance Householders Policy

This policy provides shield to the building/structure and contents/valuables of your house. It reimburses the cost of construction/repair in case of any damage to the building because of an uncertain event like earthquake, flood, explosion etc. and it also covers damage to your valuables in case of theft, burglary and electrical breakdown etc.

Key Features

This home insurance policy provides coverage for building/structure

It also provides coverage for contents/valuables like A.C, T.V, Refrigerator, Furniture and Jewelry.

This policy is divided into 10 section based on the perils covered and coverage provided

1. Section I-

a. Coverage for building

b.    Contents.

Perils covered:-Fire, Lightening, storm, tempest, flood, inundation, impact damage, riot, strike, and malicious act etc.

2.Section II - Burglary & House Breaking: Covers contents of the house in case of theft.

3. Section-III- Jewelry and valuables-covers loss or damage because of misfortune or theft while carrying or kept at home.

4. Section-IV-Plate glass- It covers loss or damage to the plate glass in the insured’s premises.

5.Section-V-Breakdown of electrical appliances: It covers damage to appliances because of electrical breakdown or any other uncertain event.

6.Section-VI-T.V set including V.C.R or V.P.R

7.Section-VII- It also covers damage to pedal cycles because of any uncertain event.

8. Section-VIII- It covers damage to luggage or baggage while the insured is travelling.

9.Section-IX-It also provides coverage for bodily injury/death in case of an accident.

10.Section-X-Public liability- any loss or damage to public property because of insured peril is also covered. But it shouldn’t be intentional.

Details about Premium

  • Items under section-I, II, III, IV, V, VI, VII, VIII are insured on the basis of market value. Suppose the market value of T.V is Rs.30, 000, then it will be insured for Rs 30000.Premium will be charged on the basis of sum insured that is again dependent on the market value.
  • Sum insured for personal accident will not exceed 72 months’ salary and again premium will depend on the sum insured. For example: salary per month is Rs.10, 000 .So sum insured will not exceed Rs.7, 20,000.
  • Every insurance company has base rates to calculate premium that are defined as per IRDA guidelines.

Policy Details:

Policy period: - Proposer can choose policy period as per his needs.

Documents Required:

  • The proposer should fill an application/proposal form given by the insurance company to buy this policy.
  • Filling proposal form doesn’t confirm that policy has been issued.In case of extreme conditions and mis-representation by the proposer, insurance company can deny to issue the policy.
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 120 Reviews)
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Reviews & Ratings

4.4 / 5 (Based on 120 Reviews)
(Showing Newest 10 reviews)
Virendra
Bokaro, July 26, 2022
Coverage for natural calamity
I was looking for an insurance policy that provides me coverage for natural calamity. Since my house is located near a river and it floods my area in the rainy season. So i went on the Policybazaar website and particularly look for this coverage found the exact plan that provides this coverage.
Sunil
Bilaspur, July 26, 2022
Premium Calculation
I was looking for a home insurance policy online. I stumblled upon the Policybazaar website and it is one of the best online platforms to purchase home insurance policy. I learned about the insurance plan i wanted to purchase and after choosing the plan and add ons i could calculate the premium using their online premium calculator. Thanks Policybazaar.
Manish
Bikaner, July 26, 2022
Natural Calamity cover
I have recently purchased a flat and wanted to cover it with a home insurance policy. I was aware of the Policybazaar website so i thought i should give it a try. I went on their website and as i wanted to cover my flat with a natural calamity cover specifically i searched for it and without wasting a minute it showed me the natural calamity coverage.
Mohit
Amritsar, July 26, 2022
Enough coverage
I was looking for a home insurance plan online. I was fed up as i have to visit different websites to look for a single suitable insurance plan. However, i stumbbled upon Policybazaar website where i was able to find the right insurance plan that could provide me enough coverage.
Sahil
Bareilly, July 26, 2022
Nice customer service
I wanted to purchase a home insurance policy and a friend of mine suggested to purchase it from Policybazaar. I bought the policy and after that i had a confusion regarding exclusions so i called up Policybazaar customer care and they cleared out the confusion and i loved their customer service.
Jitendra
Ajmer, July 26, 2022
Qiuck claim
I purchased a home insurance policy recently. However, due to a natural calamity, my house was damaged as the pressure of the water because of flood broke the enterance door of my house. But the insurance plan that i bought got me covered and i as able to get the quickest claim possible.
Prashant
Delhi, July 26, 2022
Natural calamities covered
I bought a home insurance policy recently. As i live near a river and in the rainy season, my area gets flooded so in order to protect my house and its contents, i purchased the insurance to get coverage for such natual calamities and i am tension free now.
Sharad
Kolkata, July 26, 2022
Wide coverage
The home insurance plan that i purchased from policybazaar's website is a great plan that provides me coverage for not only the structure but also cover several expensive content of the home such as paintings, mobile phones, laptops, television, etc.
Ravi
Ahmedabad, July 26, 2022
Suitable insurance plan
I purchased the group health insurance policy from Policybazaar website. First of all, i did not have to wander much online while lookig for a home insurance plan that fits my requirement and i found the suitbale home insurance plan by comparing different plans on the website.
Yashashvi
Amritsar, June 09, 2022
Natural calamities covered
I bought a home insurance policy recently. As i live near a river and in the rainy season, my area gets flooded so in order to protect my house and its contents, i purchased the insurance to get coverage for such natual calamities and i am tension-free now.
  • 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.

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