Bajaj Allianz General Insurance - My Home Insurance plan with fire, burglary and natural calamities cover
Key features
Key features and benefits of the policy
-
Home contents cover
If any losses/damages are caused to your furniture, fixtures, electronics, kitchen items, clothing, or personal belongings, the policy will cover the replacement cost to buy the same new content.
-
Portable equipment coverage
Content coverage also includes accidental loss or damage caused to portable equipment like mobile, laptops, video cameras, musical instruments, iPad, or iPods anywhere in India.
-
Jewellery and valuables cover
Covers accidental loss or damage caused to jewellery and valuables anywhere in India up to Rs. 10 lakh, depending on the plan chosen.
-
Curios, works of art and paintings cover
Covers accidental losses or damages caused to the curios, paintings, and works of art in your insured building up to the valuation report.
-
Burglary cover
This policy covers your home against losses incurred from burglary and theft.
-
Building cover
In case of damage to your building, coverage for emergency purchases of food, clothing, medicines, and daily essentials is up to Rs. 20,000.
-
Get brand new product as replacement or cash cover
The insurer will either provide you with a brand-new product with the same specifications as your old one or give you the cash value to replace the damaged content.
-
Add-on cover options
Get optional coverage for alternate accommodation, rent and emergency purchases such as food, clothing and medicines.
Eligibility criteria and documents required
Anyone can apply for the Bajaj Allianz My Home Policy as long as you meet these basic criteria mentioned below. If you meet all the eligibility criteria, we will need a set of documents to complete your application process.
Eligibility criteria
- Nationality: Indian
- Applicable for flat/apartment/independent building, which is not of a 'kutcha' construction
Documents required
- Photograph of the applicant
- Age proof (voter's ID, PAN card, passport etc.)
- Identity proof (passport, Aadhaar/PAN/voter's ID, etc.)
- Income Proof (Form 16, salary slips, etc.)
- Address proof (phone/ electricity bill, passport, etc.)
Step-by-step guide to buy this policy
-
Step 1
Click on ‘Get Quote’ button to open our online application form.
-
Step 2
Fill in the applicant’s name, gender, mobile number, date of birth, residential PIN code and passport number.
-
Step 3
Our representative will call you back and explain the policy and help you take an informed decision.
Policy details
Here’s a quick look at the policy details of Bajaj Allianz My Home Insurance plan:
| Policy details | Description |
|---|---|
| Maximum coverage | Up to the Home Value |
| Minimum premium | 0.032% of Home Value |
| Sum insured for contents | On new for old basis - Replacement value of insured items by a new item of the same kind and capacity |
| Sum insured for jewellery and valuables | Gold plan: Jewellery valued up to Rs. 2.5 lakh Diamond plan: Jewellery valued up to Rs. 5 lakh Platinum plan: Jewellery valued up to Rs. 10 lakh |
| Sum insured for works of art, painting and curios | Based on a valuation report from the valuer approved by the insured |
Key inclusions and exclusions
Here’s a quick look at the inclusions and exclusions under the Bajaj Allianz My Home Insurance policy:
- Key inclusions
- Key exclusions
| Key inclusions | Description |
|---|---|
| Worldwide cover | For portable equipment, jewellery, and valuables by paying an additional premium |
| Contents coverage | Replacement cost of all contents and personal belongings in the insured building |
| Jewellery and valuables | Up to Rs. 10 lakh, depending on the plan chosen |
| Burglary cover | Covers the expenses of lost and damaged content in case of theft or burglary |
| Emergency cover | Get compensation to buy food, clothes or medicines in case of damage caused to the insured building |
| Key exclusions | Description |
|---|---|
| Deductibles | The deductible of the first 5% of every claim on portable equipment/portable items is subject to a minimum of Rs. 2,500 |
| Pre-existing damages | Applicable to both contents and building |
| Manufacturing defects | Electrical, mechanical and electronic items |
Product information
For complete details on product benefits, features, terms and exclusions, please read product sales brochure and policy wordings carefully before concluding a sale.
How to claim
Follow the steps below to raise a claim request for Bajaj Allianz My Home plan.
-
Step 1 - Contact the insurer
Contact the insurer and register your claim online via the insurer’s website, e-mail or toll-free number.
Toll-free number: 1800-209-5858
E-mail ID: bagichelp@bajajallianz.co.in
-
Step 2 - A surveyor is appointed
Once your claim request is registered, the insurer will immediately appoint a surveyor within 48 hours.
-
Step 3 - Submit the required information and documents
Submit all relevant information to the surveyor/assessor. The assessor will send the final report to the insurer within 7-15 working days.
-
Step 4 - Claim processing
Your claim will be processed within 10 working days.
Documents required for raising a claim request
Here is the list of documents you need to raise a claim request for Bajaj Allianz My Home Insurance plan.
- Duly filled claim form
- Brief narration about the loss or damage
- Purchase invoice of damaged items (in case of damage claim)
- Purchase invoice of the lost items (in case of theft or burglary claim)
- Repair bills and payment receipts
- NEFT documents
- KYC Documents if the amount is more than Rs. 1 lakh
- FIR copy in case of theft or burglary
Frequently asked questions
Bajaj Allianz My Home Insurance policy offers flexible options and coverage for portable equipment, jewellery and valuables, burglary, and multiple add-ons.
This policy secures your home from losses or damages caused by fire. This plan includes coverage for valuables and materials stored on the premises.
1. Pre-existing damages for both contents and building
2. Manufacturing defects for electrical, mechanical and electronic items
3. Loss or damage due to firearms, rusting, or, bursting
4. Maintenance expenses for electronic and electrical equipment and domestic appliances
5. Damage to the content in a refrigerator/fridge caused by a change in temperature
You can check your policy details by visiting the Bajaj Allianz homepage and logging in using your membership id/mobile number and password/ OTP. Alternatively, you can call the Bajaj Allianz helpline at 1800-209-0144/1800-209-5858 or write an e-mail to wecare@bajajfinserv.in
You can check your policy status by calling the Bajaj Allianz helpline at 1800-209-0144/1800-209-5858 or by writing an e-mail to wecare@bajajfinserv.in
As per the Reserve Bank of India and IRDAI, buying property insurance is not mandatory to get a home loan.
