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Tuesday, July 28, 2009

Bharti AXA launches home, shop insurance policies

Bharti AXA General Insurance Company Limited launched its Home and Shop Insurance Products on Tuesday.

"Our new home and shop insurance products are affordable as well as offer a host of value-added covers," Bharti AXA GI CEO Dr Amarnath Ananthanarayanan 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 Rs 880 (for Rs 2 lakhs) and Rs 910 (for Rs 5 lakhs) respectively.

The SmartPlan Householder's Package policy offers various benefits including comprehensive 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 include 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, he said.

The SmartPlan Shop Package policy offers comprehensive cover for shops with twelve different sections of coverage.

Covers on offer include fire and allied perils, all risks, mechanical/electrical breakdown, burglary, money and personal accident among others, he said.

source: Financial Express

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