Key Benefits & Features Building Insurance Royal Sundaram

Section I - Building - Key Benefits

  • Avail 10% increase in your sum insured each year, without any extra premium!
  • No documentation required for a SI of up to Rs5 crores.
  • Separate lower rate for emerging affordable housing segment under Bronze plan. (0.40 per mille rate for a SI up to Rs15 lakhs)
  • Option to opt for Escalation Benefit (10% each year) OR Tenure Discount. (10 to 50%) for long term policies.
  • Tenure from 1 to 20 years.
  • Terrorism available as a add on cover if the tenure opted is for 1 year.
  • 2 add on covers available - Loss of rent and Rent for alternate accommodation.
  • Separate SI for compound wall & landscaping.
  • Cover for loss due to burglary.