"Why You Need a Bharat Griha Raksha Policy: Protect Your Home the Smart Way!"




Owning a home is one of life’s biggest milestones, and it comes with the responsibility of protecting that investment. The Bharat Griha Raksha (BGR) Policy, introduced by Insurer in India, offers comprehensive coverage for homeowners and tenants alike, ensuring your property is safeguarded from unexpected events. In this blog, we’ll explore what makes the BGR Policy a must-have for every household and how you can get the best protection for your home.


What is Bharat Griha Raksha?

The Bharat Griha Raksha policy is a specially designed insurance plan for homeowners that covers both the structure and the contents of your home. Whether you live in an apartment, house, or bungalow, the policy offers protection from a range of perils such as fire, natural disasters, theft, and more. It’s a safety net for your home and belongings, making sure that in case the unthinkable happens, you are not left financially devastated.


Who Should Get a Bharat Griha Raksha Policy?

Every homeowner or tenant should consider purchasing this policy, especially if:You own a home and want to protect it from events like fire, floods, earthquakes, or burglaries.
You are a tenant and wish to safeguard your valuable personal belongings in a rented property.
You are an investor with properties that need protection against physical damage and theft.

Why is it important? Imagine the cost of rebuilding your home or replacing your valuables after a disaster. The expenses can add up quickly, but with the BGR policy, you can rest assured that you’ll receive the funds needed to repair or replace what’s lost.


Comprehensive Coverage for Maximum Security

The Bharat Griha Raksha policy doesn’t just cover damage to the structure of your home—it also offers coverage for:General Contents: Everyday items like furniture, electronics, and kitchen appliances.
Valuable Contents: Items such as jewelry, artwork, or antiques, which can be covered under an optional Agreed Value basis.
Personal Accident Cover: In case of unfortunate death due to a covered event, this optional feature provides financial compensation to the family.
Key Features: Why You Should Choose the Bharat Griha Raksha Policy

Covers Both Building and Contents: Protect not just the structure of your home, but also the valuables inside it. If you choose to insure both, the policy automatically covers 20% of the home’s value for general contents, up to INR 10 Lakhs.


No Underinsurance: One of the most attractive features of this policy is that it waives underinsurance. This means that even if the sum insured is less than the actual value, you will not be penalized at the time of a claim. You get full coverage for the value of the property and contents based on your declaration.


Affordable and Flexible Premiums: The premium is calculated based on the reconstruction cost of the home and the value of its contents. You can choose additional coverage options like personal accident insurance or increased protection for valuable contents, ensuring you only pay for what you need.


In-Built Covers: The policy also includes coverage for:Architect, surveyor, and engineer fees (up to 5% of the claim amount).
Debris removal costs (up to 2% of the claim amount).
Loss of rent or rent for alternative accommodation (if opted).


How to Get the Best Bharat Griha Raksha Policy

Ready to protect your home? Here’s what you need to do:Calculate the Structure Value: Use the built-up area of your property and the cost of construction per square foot to determine the sum insured.
List Your Contents: Make an inventory of your valuable items, including electronics, jewelry, and furniture. This ensures that you get adequate coverage for both general and valuable contents.
Choose Additional Options: Do you want to cover valuable items like artwork or opt for personal accident insurance? Add these to your policy for full protection.


Final Thoughts

The Bharat Griha Raksha Policy is more than just insurance—it’s peace of mind. Whether you own a property or rent one, ensuring that you have the right protection in place can save you from financial hardship after an unexpected event. Insurer in India offers a simple and affordable way to get started, so why wait? Secure your home and its contents today!

Ready to Get Covered?
Contact us today for a quote and learn how you can tailor the Bharat Griha Raksha Policy to your specific needs.











RFQ Format for Bharat Griha Raksha (BGR) Policy

Here’s a simple RFQ (Request for Quotation) format designed for clarity and ease of use :
Bharat Griha Raksha (BGR) Insurance Policy - Request for Quotation

1. Insured's Information:Full Name: __________________________________________
Contact Number: ____________________________________
Email Address: ______________________________________
Address of the Insured Property: _____________________________________________

2. Property Details:Type of Property (House, Apartment, etc.): ________________
Year of Construction: __________________________________
Total Built-up Area (in square feet): _____________________ sq. ft.

3. Structure Calculation:Reconstruction Cost per Square Foot: _____________ INR
Built-up Area: ____________ sq. ft.
Total Structure Sum Insured (Reconstruction Cost × Built-up Area): ________________ INR

4. Contents to be Insured (if applicable):General Contents (Furniture, Electronics, etc.):Item | Estimated Value (INR)
__________________ | _______________
__________________ | _______________
__________________ | _______________
Valuable Contents (Jewelry, Art, etc.):Item | Estimated Value (INR)
__________________ | _______________
__________________ | _______________
__________________ | _______________

5. Security Measures:Is there any security system installed (Yes/No): ____________
If yes, specify (CCTV, Alarm, Fire Safety, etc.): _________________________

6. Previous Claims (if any):Have there been any previous claims related to the insured property? (Yes/No): ____________
If yes, provide details: _______________________________________________________

7. Additional Coverage Options (if required): Personal Accident Cover
Valuable Contents on Agreed Value Basis

8. Total Sum Insured (Building + Contents): ______________________ INR

9. Policy Duration:Duration of Policy (1-10 years): _____________

10. Additional Information or Requests:

 

 

 

 

 

 

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