Choose the best home insurance policy at PolicyBazaar and safeguard your house from natural and man-made disasters.
Every person dreams to have its home one day. And Reliance Home Insurance’s - House & Property Insurance Policy protects your dream from unknown calamities. It provides a building sum insured to cover your loss and helps you to strengthen financially.
Maximum and minimum Sum assured –
Sum assured can be arrived on the basis of (Cost of reconstruction/per sq. ft. * Area of construction in sq. ft.). As per standard procedure, reconstruction cost includes the value of plinth and foundation. It does not include the value of the land.
Policy termination -Policyholder is allowed to terminate the policy at any time by giving a 15 day written notice. In case no claim has been made under the policy, percentage of premium will be refunded.
Free look period -If you are not happy with the coverage, and terms and conditions of the policy, you have the option of cancelling the policy within 15 days of receipt of the policy documents, provided there has been no claim.
*The above rates may change. Please check the policy wordings for more details.
A proposer needs to fill up an ‘Application form/ proposal form’ along with the address proof and a photograph.