Home Insurance Features
Property Insurance India - Features and Benefits
- Features and Benefits
Home Shield online provides complete coverage for damage to your building which is occupied as 'Residence'. Royal Sundaram will pay the Reconstruction cost of the building in the event of its destruction due to insured perils, subject to maximum of Sum Insured.
- Insured Perils
- Fire
- LIghtning
- Explosion / Implosion
- Aircraft damage
- Riot, Strike and Malicious Damage
- Storm, cyclone, typhoon, tempest, hurricane, tornado, flood and inundation
- Impact Damage
- Subsidence and landslide including rockslide
- Bursting and / or overflowing of water tanks, apparatus and pipes
- Missile testing operations
- Leakage from automatic sprinkler installations
- Bush fire (excluding loss or destruction caused by forest fire)
- Earthquake risk is also covered- Extra Benefits
Royal Sundaram offers you the facility of covering your expenses on Architect's,
Surveyor's and Consulting Engineer's fees, up to 3% of the claim amount and expenses for debris removal up to 1% of claim amount at no additional cost.This policy is offered for a tenure of 1 year to 15 years.
- Long Term Discount
TENURE OF INSURANCE IN YEARS LONG TERM DISCOUNT
%3 15% 4 20% 5 25% 6 30% 7 35% 8 40% 9 45% 10 50% 11 50% 12 50% 13 50% 14 50% 15 50%
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