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BENEFITS - INSURANCE FOR HOME CONTENTS
1.What is Sundaram BNP Paribas Home Shield?
The Sundaram BNP Paribas Home Shield is a product that seeks to offer insurance cover to assets that an individual normally possesses in today's home.

2.What are the contents that the Sundaram BNP Paribas Home Shield proposes to cover?
CATEGORY
COVER AVAILABLE FOR
CONTENTS UNDER THIS CATEGORY
Category A Household contents Furniture, Fixtures, Clothing.,Curtains,Linen, Crockery, Utensils
Category B Household appliances Television, Refrigerator, Washing Machine, Microwave oven, Music System, Video systems like VCR/VCP/DVD
Category C Jewellery Jewellery inside the house, jewellery worn on person outside the house
Category D Add on Cover Personal Computers, Air conditioners, Air coolers


3.What are the perils that the Sundaram BNP Paribas Home Shield seeks to cover?
The Sundaram BNP Paribas Home Shield covers the following main perils:
  • Fire
  • Burglary
  • Riot
  • Strike
  • Earthquake
  • Flood
  • Lightning
  • Explosion
  • Implosion
  • Terrorism
4.What are the perils that are excluded from the cover?
The Sundaram BNP Paribas Home Shield excludes the following main perils from the cover:
  • War and allied perils
  • Cracking
  • Breaking
  • Accidental damage
  • Wear and tear
In the case of jewels, cover is available for snatching of jewellery when worn on person only, outside the house.

Silver articles are excluded from the cover for jewellery.

5.What is the maximum sum assured available under the Sundaram BNP Paribas Home Shield ?
There are three categories under which the SHS is available

CATEGORY OF COVER SILVER GOLD PLATINUM
Normal
Rs 3,00,000
Rs.4,50,000
Rs.6,00,000
Add on cover
Rs. 50,000
Rs. 75,000
Rs.1,00,000


6.What is the premium payable under each Category of cover?

CATEGORY OF COVER SILVER GOLD PLATINUM
Normal
Rs 972
Rs.1,458
Rs1,944
Add on cover
Rs. 364
Rs. 545
Rs.727


7.Is there any special advantage that a Sundaram BNP Paribas Home customer enjoys in the Sundaram BNP Paribas Home Shield Scheme?
Yes. A customer who opts to avail of the Sundaram BNP Paribas Home Shield Scheme is entitled for a cover that is thrice the sum assured to a normal customer of Royal Sundaram i.e. a normal customer is covered for Rs.1 lakh under the Silver Scheme, Rs.1.50 lakhs under the Gold Scheme and Rs.2,00,000 under the Platinum Scheme, whereas a Sundaram BNP Paribas Home customer is covered for Rs.3 lakhs, Rs.4.5 lakhs and Rs.6 lakhs respectively under the same schemes.

8.What is the frequency of the premium?
The premium indicated is an Annual Premium.

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