Building Insurance Features
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.
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