Domestic Fire Insurance Plan
The Domestic Fire Insurance Plan covers the Standard Fire and Special Perils Insurance which is discussed as below. Additionally, the plan can be extended to cover additional perils as well with the payment of additional premium.
Fire and Special Peril :
Fire, the most common and a dangerous danger/ threat which can occur suddenly for many reasons. This plan covers the loss and damage which arises due to fire. The reasons may be stated as follows as follows:
Fire and Lightening: Under this plan, loss against fire is covered as well as lightening is also covered under the plan.
Implosion/Explosion: Coverage against loss or damage caused by fire as a result of implosion / explosion.
Damage caused due to aircraft: Devastation, damage or loss directly to be caused by aircraft, including any other articles dropped there from except those caused by pressure waves.
Coverage is given or allowed under the plan for the damage, destruction or losses caused by natural calamities. Some of the major are ones are storm, cyclone, typhoon, tempest, hurricane, tornado, flood and inundation (optional), excluding those resulting from earthquake, volcanic eruption or other convulsions of nature are also covered under this plan.
Impact Damage: Loss or the physical damage/ destruction must be caused to the insured property due to impact by any road, rail , vehicle or animal by direct contact which do not belong or owned by
Insured or the occupier of the property OR
Insureds employees while acting in the course of their employment.
Subsidence and Landslide which includes Rockslide as well: Damage, destruction or loss caused by Subsidence of part of the site on which the property stands or landslide and rockslide except:
Normal cracking and settlement or bedding down of new structures.
Gradual movement and slow settlement of made up ground.
River or Coastal erosion.
Workmens defective plan and design.
Destruction, building, maintenance or structural alterations of any property.
Mutiny, strikes and Malacious Damage: Physical damage/ loss / destruction caused by external and violent means which are caused directly to the property except:
Total or partial termination of work or retardation or interruption of any process or omissions.
Permanent or temporary dispossession.
Permanent or temporary dispossession of any building from illegal occupation of any person.
Burglary, theft, housebreaking, larceny or any such act by any person.
Missile Testing Operations.
Bursting and or spilling over of Water Tanks, equipments and Pipes.
The plan covers bush Fire excluding loss, damage or destruction caused by forest Fire.
The plan covers seepage from Automatic Sprinkler Installations.
Additionally the plan also covers the followings:
Up to 1% and 3% of the admissible claim amount will be paid for expenses towards debris removal and architecture fees respectively.
Impact Damage due to own vehicles, fork lifts, cranes.
Omission to insure additions, alterations and extensions.
Loss of rent.
Leakage and contamination cover.
Exclusions of the plan:
No indemnity is allowed in the following situations:
Fire : Under this plan, loss against fire is not covered excluding damage or destruction caused to the property by
Standard heating, own fermentation or spontaneous ignition.
Undergo any heating or drying method.
Implosion/Explosion: Explosion of boilers or steam generating vessels and machinery subject to centrifugal force by its own explosion or implosion.
Impact damage by vehicles which belongs to the policy holder or his/her employees or any other occupier in the building.
The plan excludes earthquake.
Total or partial cessation of work / retarding/ interruption of any process or operations which arises out of the insured perils.
Loss/ damage/destruction caused to electrical machine/ apparatus for fire.
Stocks which undergoes drying or heating process.
The plan also excludes the loss of earnings or any other important or indirect loss and damage of any sort.
Domestic Burglary Insurance Plan
The Domestic Burglary Plan covers the loss or damage caused due to burglary and housebreaking.
Raheja QBE Home Insurance- FAQs
1. How to pay premium? What are the modes of payment available?
Raheja QBE General Insurance Provides three major options to pay the premium
By the debit mandate
By cash or cheque collection and
By direct online payment
You will have to go to the bank and drop a cheque. Alternatively, login into the to the web site, find your policy, and then click on pay now button to pay online.
2. How can I check policy status for Raheja QBE home insurance?
The best way to check the details of the policy is from the website. You can login to the web site with your policy details. Click on the right policy number and get the details of the status.
3. What is the policy renewal process for Raheja QBE home insurance?
You can call directly at the help desk toll free number and inquire about the auto renewal process. You will get a call from the company and once you verify your policy details, your account will be debited, or you will get an auto renewal activated in your profile.
4. What is the companys process to settle claim for Raheja QBE home insurance?
The company settles the claim within 7 days of the claim. After you file in the claim, an officer will investigate the entire matter and will settle the case. You can put the claim on the web site and on the toll free number.
5. What is the policy cancellation process for Raheja QBE home insurance?
The policy can easily be cancelled online or by calling toll free number. You will get a call from the company about documentation and the agent will visit your location to confirm the cancellation. After all the formalities, you will get an intimation letter regarding cancellation.