TATA AIG Instachoice Home Insurance

Introduction:

  • An easy and instant plan requiring no documentation procedures. It allows choosing and designing our own home insurance cover hassle free.

Eligibility:

  • Person residing in a self-owned or rented house.

Policy Benefits:

  • Fire and Special Perils: Covers home structure and belongings against fire/ earthquakes/floods/ lightning/thunderstorms/storms etc. and also man-made threats like terrorism, riots and strikes.
  • Rent for alternative accommodation: Additional rent amount in case of severe damage to house is borne up to a maximum limit of 30000 INR for 3 months.
  • Burglary &Theft: Covers Loss or damage in the event of Burglary/Theft (audio/visual appliances) or Attempted Burglary / Theft on a 1st loss basis.
  • Public Liability: Expenses or loss of guests/outsider at the Insured’s home is covered.
  • Baggage Loss: Covers Accidental loss/damage/theft of personal baggage outside municipal limits of city.
  • Breakdown of Domestic Appliances: Expenses against Mechanical/Electrical breakdown of domestic appliances at home are also covered.
  • Personal Accident: Covers Insured person due to accidental bodily injury anywhere in world.
  • Purchase Protection: Covers new items up to 30 days from the date of purchase.

Policy Details:

  • Easy and Instant
  • No Documentation
  • Flexible – Cover can be chosen according to Individuals’ need
  • Burglary cover for jewellery
  • Covers domestic appliances which are more than 8 years old and thus, preferred by home owners and non-owners both.

Exclusions:

  • Loss or damage caused by war, invasion, act of foreign enemy, pollution etc.
  • Expenses due to Architects/Surveyors and Consulting fees of engineer.
  • Loss by theft during or after occurrence of any insured peril
  • Expenses arising due to riots, strikes and terrorist activity..
  • If the loss or damage occurs while the house is unoccupied, kutcha construction.
  • Loss of money, securities, stamps, documents, jewellery, watches, precious metals, precious stones, gold or silver ornaments, travel tickets, cheques and bank drafts are not covered.
  • Death; disablement or bodily Injury self-inflicted or caused by misuse of any drugs/alcohol by the insured, his family or domestic staff.