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Home insurance on Agreed Value Basis.


Home Insurance On Agreed Value.
Now you can insure your most valuable Asset, Your Home on Agreed Value Basis.
One can insure the asset against Fire, Flood, Earthquake, Burglary, and Damage to electronic items, Portable Equipments (T&C apply), Jewelery, Painting & Curios.
The coverage can be taken for up to 3 years, further one can take coverage only for apartment or only for contents or for both.
The policy offers options to cover the apartment on indemnity basis & re instatement value basis for further clarifications read the policy terms & conditions.

 Once the company pays for the market value, it takes over all the rights over the property through subrogation - a legal claim which entitles the insurer to obtain any recovery on behalf of the claimant. Even if the owners decide to go for redevelopment, the insured can claim redevelopment costs and rentals for an alternate accommodation during the construction period.

For a sum insured of Rs 1 crore, the annual premium works out to Rs 4,500. If contents worth Rs 5 lakh are added, the premium rises by another Rs 3,250. Like the name suggests, the 'My Home All Risk' covers the property against every possible damage except for inherent defects. 


Reach us at
planmyinsurance@gmail.com

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