Bharat Griha Raksha Policy
Secure your home and essentials with India's new standard home insurance.
Bharat Griha Raksha is the updated home insurance policy launched from 1st April 2021 to replace the older Standard Fire and Special Perils policy for residences. It offers comprehensive protection for your home building and its contents against fire, natural disasters, and other insured risks.
The policy also includes a built-in personal accident cover for the owner and spouse, and is based on reinstatement value—ensuring full cost recovery. With no upper limit on the sum insured, zero deductibles, and long-term validity of up to 10 years, this policy is ideal for homeowners seeking secure, worry-free protection.
Key Benefits
- Covers both building and contents
- Personal accident cover for owner and spouse
- No upper sum insured limit
- Replacement / reinstatement value
- Policy valid for up to 10 years
Health Cover Up
to ₹50 Lacs
What is Bharat Griha Raksha Policy?
A comprehensive insurance product for homeowners in India, Bharat Griha Raksha covers residential buildings and contents against fire, natural calamities, and other insured perils. It also offers personal accident cover and ensures no underinsurance.
Why do you need Bharat Griha Raksha Policy?
Protect Your Residence
Safeguard your home against fire, natural disasters, and unforeseen damages.
Secure Your Household Contents
Get coverage for furniture, electronics, appliances, and other valuables.
Personal Accident Cover
Built-in ₹5 lakh cover for owner and spouse in case of death due to insured perils.
All-in-One Long-Term Policy
One comprehensive policy valid for up to 10 years with no sum insured cap.
Why choose Insurance Manager to protect your business?
Complete Protection for Homeowners
Get building and contents covered under one long-term policy with no sum insured cap.
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Expert Guidance & Hassle-Free Claims
Our advisors help you choose the right plan and ensure smooth support during claims.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Personal Accident Cover Included
Automatically includes ₹5 lakh personal accident cover for the insured and their spouse.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
Simple Paperwork & Renewals
Standardized policy forms & a 10-year validity mean less paperwork & more peace of mind.
What does Bharat Griha Raksha Policy cover and exclude?
Plan Coverage
Building & Contents
Covers your home structure and household belongings (excluding select high-value items).
Personal Accident Cover
₹5 lakh compensation for death due to insured perils—applicable to insured and spouse.
Long-Term Validity
Policy term of up to 10 years for individual residential properties.
No Underinsurance Worry
Waiver for up to 15% underinsurance without affecting claim settlement.
Reinstatement Basis
Coverage calculated on construction cost per sq. meter—not market value.
Built-in Contents Cover
Automatically covers home contents up to 20% of building sum insured or ₹10 lakhs.
Customizable Add-ons
Option to cover high-value items like jewelry with valuation certificates.
Zero Deductibles
No excess amount—full eligible claim paid.
Major Exclusions
Intentional or Unlawful Acts
Losses caused by willful misconduct, criminal acts, or war/nuclear risks.
Relocated Property
Items moved from the insured premises (except temporary machinery relocation) are not covered.
Unauthorized Construction
Additions exceeding 10% of original carpet area are not covered.
Market Value Losses
Depreciation or drop in market value after repair/replacement is excluded.
Commercial Use
Residential properties used for commercial, rental, or lodging purposes are not eligible.
Valuables Without Declaration
Items like bullion, vehicles, and explosives excluded unless declared and insured.
Income or Rent Loss
No coverage for financial loss or loss of income due to property damage.
Negligence in Disclosure
Claims may be denied if policy terms are violated or material facts are misrepresented.
Your Journey to Insurance Manager
When can I Claim?
Claim is valid when the damage or loss is caused due to insured events under the policy.
- Fire or Explosion: Damage due to accidental fire, implosion, or explosion.
- Natural Disasters: Loss from floods, cyclones, earthquakes, or storms.
- Impact or Riot Damage: Harm caused by vehicle impact, riots, or strikes.
- Water or Burglary Loss: Loss from pipe bursts or burglary following a covered event.
Claim what’s yours with Insurance Manager
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