Offers coverage for all contents, valuables, appliances as well as pedigree pets, personal accident cover for family members

Bharti AXA General Insurance has launched its Home and Shop Insurance Products – reported in Hindu Business Line.

The SmartPlan Householder’s Package policy offers coverage for all contents, valuables, appliances as well as pedigree pets, personal accident cover for family members and cover for additional rent for alternate accommodation. The other benefits comprises liability towards domestic servants, cover for loss of documents like title deeds and passport and flexibility to pick and choose the coverage sections, in case of the underwritten products.

According to the company, the SmartPlan Shop Package policy provides comprehensive cover for shops with 12 different sections of coverage. Also covers fire and allied perils, all risks, mechanical/electrical breakdown, burglary, money and personal accident.

Amarnath Ananthanarayanan, CEO of Bharti AXA General Insurance, said: “Smart Plan Householder’s Package Policy’ and ‘Smart Plan Shop Package Policy’ are the pre-underwritten products that can be sold at the counter without any hassle of property evaluation and other procedures involved in buying home and shop insurance at a premium rate of INR880 (for INR200,000) and INR910 (for INR500,000) respectively.”