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SBI Long Term Home Insurance is an insurance policy offered by SBI General Insurance to help protect your home from any unforeseen events such as fire, natural disasters, burglary, etc. It provides cover for the structure of your home as well as its contents. The policy also provides coverage for losses due to floods, earthquakes, and other natural disasters. With SBI Long-Term Home Insurance, you can rest assured that your home and its contents are protected against any unforeseen eventualities. This is the simplest answer to what is SBI long term insurance. My brother has already purchased it for our home, so I can give you an insight about it.
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Who can buy SBI Long Term Insurance Policy?Any Indian householder who is the owner or occupant of a property (other than a kutcha house) can buy this policy.
What losses does this policy cover?If your property face damage due to
Breakdown of fire
Lighting
Explosion
Bush fire
Missile Testing operations
Overflow of water tanks, pipes or more
Aircraft damage
Riot or strike
Impact damage landslides and more
This policy will bear the cost.
What losses will this policy not cover?This policy will not cover the loss that happened due to
Willful act or sheer negligence
Pollution or contamination
Burning of property by public authority
Electrical and mechanical breakdown
War, terrorism, nuclear peril, etc and more
These are the major aspects of SBI long term home insurance.
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Rama
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2023-04-17T09:44:38+00:00 2023-04-26T09:12:22+00:00Comment
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