Home Insurance
A home insurance policy that lets you customize the amount and value of coverage to suit your requirements and preferences. Plans for home care are specifically made to offer complete protection for your most valuable possessions, as well as the items in your home and your valuables, such as cash and jewelry.
Coverage
This policy is designed to provide the maximum risk coverage for Home Contents & Buildings. Some major risks are specified below:
- Fire & Lightning
- Riot & Strike
- Malicious Damage
- Explosion
- Impact Damage
- Atmospheric Disturbance
- Aircraft Damage
- Burglary
- Earthquake
- Accidental Glass Breakage (Glazing)
- Accidental Damage to underground tanks
Key Terms
- Terrorism and Sabotage Exclusion Clause
- Limitation and exclusions clause (LMA 3100)
- Warranted that the said building is of R.C.C Pucca Construction
- Lahore Jurisdiction and Law will be applicable
- It is warranted that Jewelry covered under the within-mentioned policy will be kept under lock & key when not in use
- All Terms, Conditions, and Exclusions as per standard SGI Fire Policy wordings and Clauses.
Major Exclusion
- Any consequential loss.
- Damage due to Ionizing radiations or contamination or combustion of nuclear fuel.
- Damage due to radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof.
- Any loss or damage or liability, whether directly or indirectly by reason of, or in connection with war, invasion, act of foreign enemy, hostilities or warlike operations (whether war has been declared or not), civil war, rebellion, revolution.
- Any loss destruction or damage directly occasioned by pressure waves caused by aircraft and other aerial devices travelling at sonic or supersonic speeds.
Others – Please refer to the policy document for a complete set of exclusions.
