i wanted to insure my flat in chennai for 10 lakhs
2006-10-28 03:16:17 · 4 answers · asked by frank 1 in Business & Finance ➔ Insurance
check the link you can calculate the premium
https://onlinemanager.icicilombard.com/icici_Lombard/Home1.aspx?DealNo=Deal-079643
you need to do that by ur own as some parameters are there which only you can fill up.
You can choose to buy insurance for only the building (structure) of your home, or only the contents (belongings) or both.
The policy covers the losses to the structure and contents of your home due to any natural and man made calamities.
The calamities covered are:
- Fire
- Riot, strike & malicious damage
- Explosion & implosion
- Earthquake
- Lightning
- Storm, cyclone, tempest, tornado, hurricane, flood & inundation
- Damage due to impact by vehicles
- Missile testing operation
- Subsidence, landslides and rockslides
- Leakage from automatic Sprinkler installations
- Aircraft damage
- Bursting and/or overflowing of water tanks, apparatus and pipes
Burglary cover (only for contents):
The contents of your home are also covered against loss due to burglary or an attempted burglary. It also covers loss of jewellery, silver articles and precious stones kept under lock and key, up to 25% of the total content sum insured or Rs. 1 Lac, whichever is lower.
Additional expenses of rent for alternative accommodation – If you are forced to shift into an alternative accommodation because your home is destroyed or damaged by any insured peril, the policy will cover you against the additional rent.
The maximum coverage is up to Rs. 1,00,000 for up to 6 months. The cover is available only if you are insuring the structure of your home.
2006-10-29 17:21:32 · answer #1 · answered by Subhrangshu m 3 · 0⤊ 0⤋
for flat premium are same for all the company..for flat sum insured would be not the market price bcos it involves land price or floor price also...so take 400-500 / per sq.ft* total sq.ft of your flat..and this would be your sum insured...
take long term fire policy for your flat ..it will get you 50% discount on your premium
2006-11-02 03:26:31 · answer #2 · answered by Hitu 1 · 0⤊ 0⤋
You'll have to ask a local agent.
2006-10-28 03:23:56 · answer #3 · answered by Anonymous 7 · 0⤊ 0⤋
more impotantly it depends on the type of plan and the name of the company which u r choosing for ur insurance.It changes according to that.If u wants to take accurate information than talk with ur agent.
2006-11-01 17:38:18 · answer #4 · answered by jasmeet a 2 · 0⤊ 1⤋
Please mail me if u want insurance.
2006-11-01 22:48:52 · answer #5 · answered by lhn 2 · 0⤊ 0⤋