RQBE Poorna Suraksha Bima
Coverage for losses to Home
and Shop, Personal Accident
and Peripheral Expenses
other than Hospitalization
About the Policy
The policy provides coverage for losses incurred by the insured due to damage incurred or theft to your home and shop. The policy also provides cover in case of Injury or Death due to an accident and a daily allowance to cover peripheral expenses other than hospitalization.
Important details
Features
Home Suraksha
- Fire
- Explosion / Implosion
- Lightning
- Earthquake, volcanic eruption, or other convulsions of nature
- Storm, Tempest, Cyclone, Typhoon, Hurricane, Tornodo, flood, inundation (STFI)
- Subsidence, Landslide and Rock slide
- Bush fire, Forest fire and Jungle fire
- Impact damage of any kind, i.e., damage caused by impact of, or collision caused by, any external physical object (e.g. vehicle, falling trees, aircraft, wall etc.)
- Missile testing operations
- Riot, Strikes, Malicious Damages
- Bursting or overflowing of water tanks, apparatus and pipes
- Leakage from installations. automatic sprinkler
- Theft within 7 days from the occurrence of and proximately caused by any of the above Insured Events
- Up to 5% of the claim amount for reasonable fees of architect, surveyor, consulting engineer
- Up to 2% of the claim amount for reasonable costs of removing debris from the site
Shopkeeper Suraksha
- Fire
- Explosion / Implosion
- Lightning
- Earthquake, volcanic eruption, or other convulsions of nature
- Storm, Tempest, Cyclone, Typhoon, Hurricane, Tornodo, flood, inundation (STFI)
- Subsidence, Landslide and Rock slide
- Bush fire, Forest fire and Jungle fire
- Impact damage of any kind, i.e., damage caused by impact of, or collision caused by, any external physical object (e.g. vehicle, falling trees, aircraft, wall etc.)
- Missile testing operations
- Riot, Strikes, Malicious Damages
- Bursting or overflowing of water tanks, apparatus and pipes
- Theft within 7 days from the occurrence of and proximately caused by any of the above Insured Events
- Up to 5% of the claim amount for reasonable fees of architect, surveyor, consulting engineer
- Up to 2% of the claim amount for reasonable costs of removing debris from the site
- Additions, alterations or extensions: maximum limit under this cover is 15% (excluding stocks)
- Temporary removal of stocks: maximum cover will be 10% of the Sum Insured of Stock
-
Cover for Specific Contents: We cover the following, as applicable:
- Money for an amount not exceeding ₹50,000 (Rupees Fifty Thousand) during the policy period.
- Deeds, manuscripts and business books, plans, drawings, securities, obligations or documents of any kind, but only for the cost of the materials and clerical labour expended in reproducing such records for an amount not exceeding ₹50,000 (Rupees Fifty Thousand) during the policy period.
- Computer programmes, information and data but only for the cost of the materials and clerical labour expended in reproducing such records for an amount not exceeding ₹5 Lakh (Rupees Five Lakh) during the policy period.
- Employees’, Directors’, visitors’ personal effects of every description (other than motor vehicles) for an amount not exceeding ₹15,000 (Rupees Fifteen Thousand) per person for a maximum of 20 (twenty) persons during the policy period.
- Professional fees: up to a maximum of 5% of the claim amount
- Costs compelled by Municipal Regulations
Personal Accident Cover
- Death
- Permanent Total Disablement
- Permanent Partial Disablement
- Road Ambulance
- Loss or damage to clothing
- Transportation of mortal remains and Funeral Expenses
Hospital Daily Cash Cover
- Daily Hospitalization Benefit (Accident & Illness)
- Accidental Hospitalization Benefit – Twice the daily cash limit
- ICU Hospitalization – Twice the daily cash limit
Exclusions
Home Suraksha
Loss or damage, or destruction caused to the Insured Property by burning of Insured Property by order of any Public Authority
- Normal cracking, settlement or bedding down of new structures
- The settlement or movement of made up ground
- Coastal or river erosion
- Defective design or workmanship or use of defective materials
- Demolition, construction, structural alterations or repair of any property
- Ground works or excavations
- Loss or damage, or destruction caused to the Insured Property by pressure waves caused by aircraft or other aerial or space devices travelling at sonic or supersonic speeds
- Temporary or permanent dispossession, confiscation, commandeering, requisition or destruction by order of the government or any lawful authority
- Temporary or permanent dispossession of any Building by unlawful occupation
Exclusions and Excess as per Terrorism Clause.
- Repairs or alterations in the Building in which Your Business is located
- Repairs, removal or extension of any sprinkler installation
- Defects in the construction known to You
-
Events if it is:
- Of any article or thing outside Your Premises
- Of any article or thing attached from the outside of the outer walls or the roof of Your Premises, unless securely mounted
- Damage due to Terrorism risk
Shopkeeper Suraksha
-
Loss or damage, or destruction caused to the Insured Property by:
- Its undergoing any heating or drying process
- Burning of Insured Property by order of any Public Authority
-
Loss or damage, or destruction caused to the Insured Property by:
- Boilers, economizers or other vessels, machinery or apparatus in which steam is generated, or their contents, resulting from their own explosion or implosion
- Centrifugal forces
-
Loss or damage, or destruction caused to the Insured Property by:
- Normal cracking, settlement or bedding down of new structures
- The settlement or movement of made up ground
- Coastal or river erosion
- Defective design or workmanship or use of defective materials
- Demolition, construction, structural alterations or repair of any property, or groundworks or excavations
-
Loss or damage, or destruction caused to the Insured Property by:
- Pressure waves caused by aircraft or other aerial or space devices travelling at sonic or supersonic speeds
- Vehicle, animal, or aircraft belonging to or owned by the Insured or their employee while acting in the course of employment
-
Loss or damage, or destruction caused to the Insured Property by:
- Total or partial cessation of work or the retardation or interruption or cessation of any process or operations or omissions of any kind
- Temporary or permanent dispossession, confiscation, commandeering, requisition or destruction by order of the government or any lawful authority
- Temporary or permanent dispossession of any Building by unlawful occupation by any person
- Exclusions as per Terrorism Clause
-
Loss or damage, or destruction caused to the Insured Property by:
- Repairs or alterations in the Building in which Your Business is located
- Repairs, removal or extension of any sprinkler installation
- Defects in the construction known to You
-
Loss or damage, or destruction caused to the Insured Property:
- Of any article or thing outside Your Premises
- Of any article or thing attached from the outside of the outer walls or the roof of Your Premises, unless securely mounted
Personal Accident Cover
- Hazardous or Adventure sports
- Breach of law
- Suicide or attempted suicide, intentionally self-inflicted Injury or Illness
- Being under the influence of drugs, alcohol, or other intoxicants or hallucinogens
- Participation in an actual or attempted felony, riot, crime, misdemeanour, or civil commotion
- Arising or resulting from the insured persons committing any breach of law with criminal intent
- War, civil war, invasion, insurrection, revolution, act of foreign enemy
Hospital Daily Cash Cover
- Any pre-existing condition(s) / disability
- Specific Waiting Period
- First Thirty Days Waiting Period
- Investigation & Evaluation
- Rest Cure, rehabilitation and respite care
- Obesity/Weight Control
- Change-of-Gender treatments
- Cosmetic or plastic Surgery
