External Equipments Cover Household Articles Insurance

External Equipments Cover Household Articles Insurance

External Equipments


(Applicable in respect of Gold, Platinum and Diamond Plans only)
External Equipment’s would mean DG Set (upto 5 KVA), Solar water heater (Up to a Maximum of 500 litre capacity only) and Water treatment plant (Motor & Pump only)



1.Fire & Allied Perils.
2.Burglary and Housebreaking including Theft.
3.Electrical and Mechanical breakdown.

Basis of coverage


Gold/Platinum/Diamond Plans– Named perils with depreciation and per item limit.

Important condition


Claims per item under this section shall be subject to a minimum depreciation of 15% per year and a maximum of 60%.

Important Exclusions:


1. Items of age more than 10 years old under Electrical and Mechanical Breakdown.
2.Loss of or damage to belts, ropes, chains, rubber tyres, dies, moulds, blades, cutters, knives or exchangeable tools, engraved or impression cylinders or rolls; objects made of glass, porcelain, ceramics, all operating media (e.g. lubricating oil, fuel, catalyst, refrigerant, dowtherm) felts, endless conveyor belts or wires; sieves, fabrics, heat resisting and anti-corrosive lining and parts of similar nature, packing material, parts not made of metal (except insulating material) and nonmetallic lining or coating of metal parts.
3.Gradually developing flaws, defects, cracks or partial fractures in any part not necessitating immediate stoppage although at some future time repair or renewal of the parts affected may be necessary.
4. Loss of or damage to filters and membranes.