Organisation : Universal Sompo General Insurance Co.Ltd
Facility : Sampoorna Grih Suraksha Policy
Sampoorna Grih Suraksha Policy : http://universal-sompo.net.in/usgisgs/
Home Page : http://universalsompo.com/
Sampoorna Grih Suraksha Policy
Sampoorna Grih Suraksha is a package policy for Home Insurance to let a policy holder buy a single policy that covers all risks for the building, its contents and the people who reside in it.
Related : Universal Sompo General Insurance Apply For Claims : www.statusin.in/1451.html
Product Duration :
Sampoorna Grih Suraksha is a one year policy and should be renewed for subsequent years after policy duration expiry.
Sum Assured limits :
Sampoorna Grih Suraksha is offered with specified sum assured limits for each section and cover.
Coverage:
** This Section covers Buildings other than ‘kutcha’ construction type only.
** Contents excluding money and valuables (unless agreed specifically by Us) are covered under this Section.
The coverage under this Section is against various perils as named below
a) Fires
b) Lightning
c) Explosion / Implosion
d) Aircraft Damage
e) Riot, Strike, Malicious and Terrorism Damage
f) Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation
g) Impact Damage
h) Subsidence and Landslide including rock slide
i) Bursting and/or overflowing of Water Tanks, Apparatus and Pipes
j) Missile Testing operations
k) Leakage from Automatic Sprinkler Installations
l) Bush Fire
m) Earthquake (On payment of additional Premium)
n) Terrorism ( On payment of additional premium)
Exclusions:
We will not be liable for the following:
** Damage caused by Pressure waves.
** Destruction or damage caused to the property by its own fermentation, natural heating or spontaneous combustion or its undergoing heating or drying Process
** Burning of property Insured by order of any Public Authority.
** Explosion/ implosion losses to boilers (other than domestic boilers), economizers or other vessels, machinery or apparatus (in which steam is generated) including their contents .
** Destruction or damage to property caused by centrifugal forces.
** Damage by vehicle/animals belonging to or owned by You or Your Family.
Damages caused by :
** Permanent or temporary dispossession of any building resulting from the unlawful occupation by any Person of such building or Prevention of access to the same.
** Burglary, housebreaking, theft, larceny or any other such attempt or any omission of any kind of any Person (whether or not such act is committed in connection with the disturbance of Public Peace) in any malicious act.
** Total or Partial cessation of work or the retardation or interruption or cessation of any Process or operations or omissions of any kind
Section 2-Burglary & Theft – Exclusions :
Exclusions:
We will not be liable for the following:
** Loss or damage from any yard, garden outbuilding (including sheds or garages not attached to the building) or any other Property outside the confines of the Premises unless specified in the Schedule
** Cash and valuables in safe/almirah unless specifically covered in the Schedule at additional Premium.
** Cash and valuables lost from a unlocked almirah/from outside a safe .
** Loss or damage of motor vehicles, trailers
** Loss or damage in which You, Your family members or any other Person lawfully on or about Your Premises is or is alleged to be in any way concerned or implicated
** Loss or damage resulting from an Riot, Strike, Malicious Damage and Terrorism
** Damage to glass and sign boards
** Loss to Live stock
** Loss or damage to contents or stock when the Premises are left unoccupied for more than 30 consecutive days unless the same has been reported to Us in writing and Our written approval obtained.
** Any consequential loss or legal liability
** First Rs 2500/- under each and every claim. Excess is not applicable to Cash in locked Safe or in Locked Almirah