Policy snapshot
This is a standardized home insurance policy mandated by IRDAI that provides protection to homeowners for their residential buildings and household contents against fire, natural calamities, and other specified perils.
What is Bharat Griha Raksha Policy?
Bharat Griha Raksha is a simplified home insurance product that protects your home and belongings from fire and other disasters, with optional cover for burglary and terrorism. It is ideal for Indian homeowners looking for peace of mind.
What can it cover?
- This policy covers damage to your house and household contents due to fire, storm, flood, earthquake, lightning, explosion, and other listed perils. It also includes compensation for rent if the house becomes unfit for use. Burglary or theft can be added to protect valuable belongings, and terrorism cover is available with an extra premium.
Who should consider it?
- Individual homeowners and apartment owners, People living in flood-prone, seismic, or urban high-risk areas, Anyone seeking cost-effective protection for their house and possessions
Key features to understand
- {"heading": "Key Features", "bullets": ["Covers residential buildings and contents (including rent for alternate accommodation)", "Automatically includes contents up to 20% of building sum insured (max ₹10 lakh)", "Option to increase contents cover and include jewelry, artworks, etc.", "Optional burglary and theft cover available", "Terrorism cover can be added at extra cost", "Simplified, uniform wording and quick policy issuance"]}
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.