Welcome To Shri Balaji Global Insurance Solution Pvt. Ltd.!
Welcome To Shri Balaji Global Insurance Solution Pvt. Ltd.!
With our comprehensive & affordable Home Insurance plans, add a silver lining to every adversity, natural or man-made.
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It’s very important to have home insurance whether you are living in a one-room house or a luxurious mansion. Home is the only place that is closest to your heart and it should be your prime obligation to secure your nest in the best way you can. The best home insurance in India can acts as the savior in your bad time protecting you against all the perils that could put your home at risk.
Given that disasters don’t come with a prior notice and it can cost you more than you can imagine, it would be a wise decision to safeguard your house with a home insurance policy in India. A comprehensive home insurance policy can cover the cost of the contents and structure of the house. Most of the home insurance plans in India generally provide coverage against floods, earthquake, cyclone and storm and can also cover the cost of alternative accommodation, if you have made use of one in case your home gets damaged.
In a country like India, Home or Property Insurance has become a very trendy banking product. It’s always better to be secured than to be sorry- the indispensable principle behind the idea of insurance, applicable particularly to a costly and emotional insurance like your family home. Apart from the structure itself, a decent home insurance policy online can provide security to the implements /items/appliances and prized possessions inside the home. The best home insurance policy is not just the guardian and protector of your treasured home, but the unique memories and emotions that dwell therein. There are a number of home insurance companies in India from where you can easily buy home insurance plans online without any hassle.
There’s no beautiful place than own house and therefore home insurance becomes very significant. There’s no doubt in the fact
that home insurance online does come with a plethora of benefits. Check the benefits you can enjoy when you buy home insurance online.
Buying a home insurance India will indeed provide you certain financial stability in the event of damage to your property or possessions. In exchange of a considerably lower premium or amount, the insurance company gives you assurance that they will take care of any losses that might occur due to damage to your property
Almost all the insurance companies in India impose their own choice of deadline by which you must inform them about your loss. This date can vary from anywhere between 7-15 days therefore you must make sure you do it at your earliest. Some home insurance companies in India even allow you register a claim by a simple Email or SMS. Before you file a claim, you will be required to lodge an FIR and the copy of the same is needed to be submitted to the insurance company along with the claim form. Some of the other documents that you will be required to produce apart from the FIR repot. They are:
At SBGIS.IN, you can get instant home insurance quotes and compare various plans online among top insurer’s plans to get the best home insurance online. We also provide 24x7 claims assistance to our customers’ across the country.
It is heartening to hear all the good things that our customers had to say about our product benefits and customer service. Hear from our Customers who experienced with us.
Excellent Life insurance plan! Covers annual health check-up for all family members . The customer support is really good and fast. Would recommend SBGIS to all.
Usually, when we think of insurance, we have to do some research to understand what's covered. It's been one of the most hassle-free experiences so far.
I have been very satisfied with your platform and services so far. Everything is super simple.Thanks for your extraordinary support and we love the way you expressed with the customer.
Very helpful team of SBGIS, they explained each and everything about the policy with patience which made me to buy car insurance right now. Thanks.
Home insurance policy covers the structure of your home, or its contents, or both against any man-made or natural calamities. Home insurance basically covers your home against various natural calamities like earthquake, lightning, typhoon, fire, flood, storm, etc. It also protects your house against a number of man-made disasters such as aircraft damage, explosion, riots, terrorist acts, and other perils.
The sum insured is calculated in two ways:
Sum Insured for the Structure Sum Insured = Built Up Area of Your Home X Cost of Construction Per Square Foot For example, if the built up area of your home is 2000 sq. feet and the cost of construction is Rs 600 per square foot then the sum insured for the said home is Rs 12 lakh. Sum Insured for the Content The sum insured for the contents of the home is calculated either from the actual cash value (ACV) of the asset or from the replacement cost, i.e., Current Market Value – Depreciation
Yes, you can make a claim on your partially damaged home.
Under a home insurance policy, the following contents are covered: • Furniture • Expensive belongings • Furnishing items • Home appliances such as refrigerator, washing machines, etc. • Precious items such as jewelry, gemstones, etc. • Electronic items such as laptops, televisions, etc.
Generally, home insurance coverage starts from the time your payment is received by the insurance provider. However, some companies start policy coverage after seven days of paying the policy premium.
From the time, the transfer of house ownership becomes effective, home insurance policy stands cancelled. The insurance company will refund the remaining premium for the balance period to the policy buyer.
Follow the below steps to file a claim on partially damaged house: • Inform the insurer. • Send a duly filled form along with a rough estimate of the repairing work. • Do not undertake any repairing at this stage, or else your home insurance provider may reject your claim. • After receiving claim form and necessary documents, a surveyor, appointed by the insurance company, will visit your house to evaluate damages. • The surveyor will also file a report on the basis his findings. • The insurer will either accept or reject your claim application on the basis of the inputs given by the surveyor. • Now you can undertake repair work. • After the completion of work, the surveyor will re-visit your house and submit a detailed report about repair and cost to the insurance company. • After receiving bills and receipts, net liability will be computed on the basis of surveyor’s recommendation and applicable deductibles. • If your claim is accepted, a cheque will be send to you at your postal address. • However, if your claim is rejected due to any reason, the insurer will send a repudiation letter.
Yes, you can insure your house given that it is used as a residence and not for commercial purpose. In addition to that, the home should not be a kutcha construction.
