Owner or Tenant- Protect Your Home and Its Contents With Us

Owning a house is one of the biggest investments and achievements. But making it a home involves care and effort. More often than not, people forget to secure the four walls with a suitable insurance policy.

With the increase in natural disasters such as floods, earthquakes, landslides, etc. And other unforeseeable events such as fire, riots, and so forth one becomes vulnerable to the effects of these perils in terms of property damage and mental peace.

Your home is a place where you feel the safest and remain at ease. Home insurance is a holistic product that offers a cover to your building, contents inside and other valuables. It also offers multiple add-on covers like loss of rent, and alternative accommodation cover, etc. It gives a comprehensive solution to protect your home in all ways. Include your home in our circle of care and choose Bajaj General Bharat Griha Raksha Policy.

What is Bharat Griha Raksha Policy?

The Bajaj General Bharat Griha Raksha Policy provides insurance coverage to your home building and home contents that are inside the home. You can buy the plan for a maximum of 10 years.

In case of any physical loss, destruction, or damage to the building of the home or the things inside it, a Bajaj General BGRP policy comes to your rescue. You can avail of the below types of covers:

Home Building Cover:

It covers the building structure of the home.

Home Content Cover:

It offers a cover for the things/articles in the home. For example, electronic items such as washing machines, refrigerators, ovens, TV antennae, kitchen items, antennae, solar panels, water storage equipment, electrical equipment (including those fitted on walls), clothing and apparel and items of similar nature.

Optional Cover:

You also avail the benefit of an optional cover upon paying an additional premium amount.

Cover for Valuable Content on Agreed Value Basis:

Covering the valuable contents of your home like jewellery, paintings, silverware, works of art, etc.

Personal Accident Cover:

In case of a peril resulting in the death of the policyholder or their wife because of an insured event that caused damages to the home building or home contents, a compensatory amount of Rs. 5 lakhs per person will be provided.

Benefits of Bajaj General Bharat Griha Raksha Policy

●      Covers your home building, compound wall, gates and water tanks

●      Contents of the household that are used in the home. For example, furniture, electronic items & goods, antennae, kitchen equipment, water storage equipment, electrical equipment, etc.

●      Loss of rent and rent for alternative accommodation. This is applied when your home building is not fit for living because of physical loss arising out of an insured event

●      20% of the sum insured for general content cover. This is to a maximum of Rs. 10 lakhs only when opting for both Home Building and Home Contents cover

●      Valuable contents such as jewelry, paintings, silverware works of art, antique items, curios and items of similar nature by taking additional coverage

●      Waiver of underinsurance

●      No Excess

●      Personal Accident Cover of Rs. 5 lakhs per person which covers either you or your spouse because of unfortunate death due to insured peril that caused damages to the Home Building and/or Home Contents

●      Theft within 7 days from the occurrence of an insured event

*T&C apply

The Bharat Griha Raksha Policy includes multiple layers of coverage to protect homeowners from financial distress. The Home Building Cover applies to the structure of the residential building, offering compensation for loss or damage due to events like fire, lightning, earthquake, flood, riot, explosion, and more. This ensures the physical integrity of the home remains protected under most unforeseen circumstances.

The Home Contents Cover protects household items such as electronics, furniture, kitchen appliances, and other personal belongings. This cover is automatically included if the building is insured, up to 20% of its sum insured. For homeowners or tenants looking for enhanced protection, the policy allows add-ons like Personal Accident Cover and coverage for Valuable Contents on an agreed value basis.

Issued by Bajaj General Insurance, this policy also includes key in-built features such as loss of rent, temporary resettlement expenses, and waiver of underinsurance. The coverage is designed to be comprehensive yet affordable, and the Bharat Griha Raksha Policy premium is calculated based on the type of property, location, and coverage value.

Different Covers Under the Bharat Griha Raksha Policy

The Bharat Griha Raksha Policy, designed under the standard home insurance framework in India, offers broad protection for homeowners and tenants. Issued by insurers like Bajaj General Insurance, the policy includes key covers such as Home Building Cover, which protects against structural damages due to fire, natural calamities, or other insured events. It also includes Home Contents Cover, offering automatic coverage up to 20% of the home building sum insured (maximum ₹10 lakh) for general household items.

Optional covers include Valuable Contents Cover, which insures items like jewellery and artwork on an agreed value basis, and a Personal Accident Cover offering ₹5 lakh compensation for the death of the policyholder or spouse caused by an insured event. In-built benefits such as coverage for debris removal, rent for alternate accommodation, and architect/surveyor fees make this policy a comprehensive safety net. Bajaj General Insurance ensures easy claims and reliable customer support, making the Bharat Griha Raksha Policy a valuable investment for every Indian household.

Eligibility Criteria of Bajaj General Bharat Griha Raksha Policy

●      Anyone who is looking forward to covering your home building or home contents. Contents means goods of household use in your home, e.g., furniture, electronic items and goods, antennae, solar panels, water storage equipment, kitchen equipment, electrical equipment (including those fitted on walls), clothing and apparel and items of similar nature.

●      Within it, if more than one person is to be insured, then each of you becomes a joint policyholder.

●      If the home building or home content has been hypothecated, pledged, or mortgaged with the bank then an ‘Agreed Bank Clause’ needs to be shown up with the bank name.

You can buy the Bajaj General BGRP insurance policy if you are an owner, landlord, authorized occupier, or tenant.

If your home building is used for residential purposes consider securing it with this insurance policy. If any commercial activity is being carried out, then this may not be a wise decision.

You can also look at securing any item or article/things if you are the purchaser, owner, or responsible for the same.

●      One of the Leading Private General Insurance Companies in India

●      Coverage for Owned and Rented Home

●      Comprehensive Protection Against Multiple Risks

●      We Innovate As Per Your Needs

●      Instant Solutions

●      Got Your Back- 24x7 Assistance

●      Over Two Decades of Claim Expertise 

Take a look below to know what remains covered under a Bajaj General Bharat Griha Raksha Policy:

●      Fire

●      Lightning

●      Explosion or Implosion

●      Earthquakes, volcanic eruption, or other convulsions of nature

●      Cyclones, Storms, Tornado, Typhoon, Tempest, Tsunami, Flood, Hurricane and Inundation

●      Subsidence of the land on which the Premises stand, Rockslide, Landslide

●      Bush fire, Forest fire, Jungle fire

●      Impact damage of any kind, i.e. damage caused by the impact of, or collision caused by, any external physical object (e.g. vehicle, falling trees, aircraft, wall, etc.)

●      Missile testing operations

●      Riots, Strikes, Malicious Damages

●      Acts of terrorism

●      Bursting or overflowing of water tanks, apparatus and pipes

●      Leakage from automatic sprinkler installations

●      Theft within 7 days from the occurrence of, and proximately caused by, any of the above

*T&C apply

Note: For complete information, please refer to the policy wording carefully.

Here is a rundown of the events that remain uncovered under the Bajaj General Bharat Griha Raksha Policy:

●      Deliberate, willful, or intentional act or omission, or of anyone on your behalf, or with your complicity

●      War, invasion, the act of foreign enemy hostilities or war-like operations

●      Pollution or contamination

●      Loss or damage to the insured property removed from your home to other places

●      Missing or disappearance of property

●      Damage to bullion, unset precious stones, any curios or works

●      Costs, fees, or expenses for preparing claims

●      Ionising radiation or contamination by radioactivity

●      Loss of earnings, loss of market, loss by delay, or other consequential/indirect loss

●      *T&C apply

●      Note: For complete information, please refer to the policy wording carefully..

●      We understand that a home is the most valued possession for you. With a customer-centric approach, we aim to provide instant solutions and secure your invaluable place. If you are a homeowner or a tenant, ensure buying Bajaj General Bharat Griha Raksha Policy. After all, ‘Home is where the heart is’, isn’t it?

Note: ‘BGRP’ is the acronym for Bharat Griha Raksha Policy.