Section V: Breakdown of domestic appliances
This Section Covers Loss or damage to domestic appliances caused by mechanical and/or electrical breakdown. Sum Insured in respect of each item should be its new replacement value.
Excess:
One percent of the Sum Insured in respect of each domestic appliance separately or Rs.50/- whichever is higher.
Rate of premium:
Rs.2.50 per mille.
Section VI: Television Sets & VCR/VCP This covers:
a) Loss of or damage to the television apparatus and VCR/VCP in insured premises by fire and allied perils, burglary and/or housebreaking or theft, accidental external means and mechanical or electrical breakdown.
b) Legal liability up to a limit of Rs.25, 000/-
c) Damage to Insured's property caused by breakage of the antenna fittings up to a limit of Rs.3, 000/-.
Rate of Premium:
Rs.10.05 per mille.
Section VII: Pedal cycle This covers:
a) Loss of or damage to pedal cycle belonging to Insured by Fire and allied perils, burglary, housebreaking or theft and accidental external means.
b) Legal liability up to a limit of Rs.10, 000/-
Rate of premium:
Rs.20.05 per mille.
Franchise:
Rs.10/- of each and every loss due to accident, i.e. if the loss or damage exceeds Rs.10/- the full claim is payable.
Section VIII: Baggage
This covers loss or damage to Insured's accompanied baggage by accident or misfortune whilst the Insured is on tour or holiday anywhere in India.
