Established in 2008, Bharti AXA General Insurance Company Limited is a joint venture between Bharti Enterprises (one of India's leading business groups), and the AXA Group (one of the world's leading insurance and asset management companies). It has more than 135 branches in India and has issued over 2 crore policies. As India's one of the leading general insurance companies, Bharti AXA promises to deliver the best insurance solutions to its customers.
Amongst its host of policies, Bharti AXA provides a home insurance policy to safeguard the financial interests of a family from the damages that can occur to a home and its assets from natural and man-made risks. This policy is also known as the Bharti AXA's Smart Plan Householder's Package Policy and can help individuals save themselves from tremendous financial losses.
The Bharti AXA's Smart Plan Householder's Package policy can be brought by owners and tenants alike. The plan offers protection to the following building and household items from fire and allied perils:
|Section I||Building, fixtures, fittings, and renovation|
|Section II||A. Home contents |
D. Fixed Plate Glass and Sanitary ware (including fixed mirrors and glass tops of Furniture)
E. Automatic inclusion addition - newly purchased up to 10% of the Sum Insured under Home Contents
F. Loss of documents - Title Deeds
G. Loss of documents - Passport
H. Household Removal: Removal of contents and appliances from the present building to a new building
|Section III||Personal Accident|
|Section IV||Loss of rent|
|Section V||Additional rent for an alternate accommodation|
|Section VI||Pedigree Pet (Maximum 3 Pets)|
|Section VIII||Legal Liability: |
A. Towards employees
B. Towards third parties
If you wish to purchase the home insurance policy, you need to follow the below steps:
You also have the option to visit the nearest branch of Bharti AXA to buy home insurance.
If any unexpected event causes damage or loss to your house and its contents, you need to follow the below steps to submit a claim:
As soon as you become aware of the damages, notify the company by calling/emailing them/a visit to the nearest office. During the claim intimation, provide your policy number and other requested details. This intimation should be given within 14 days of the event.
Once you have intimated the company about the damages, submit the following documents:
Once all the documents are submitted, the company will undergo scrutiny and take a decision accordingly. In case of damages, the company will compensate an amount equal to the repairing of the items. However, if the loss exceeds the sum insured, the insured will have to bear the additional amount.
The following losses and damages are not covered:
No, houses used for commercial purposes are not covered under home insurance.
Yes, any property more than 50 years old cannot be insured under this policy.
No, rented houses are not covered, but household contents within the tenant's home are covered under the policy.
In such cases, as soon as the ownership is transferred to the new owner, the policy stands canceled and the premium for the balance period is refunded.
Under this section, the insured's family is eligible to get the following free benefits in case of the death of the insured:
Last updated on 11-11-2020