Policy Wording of Home Insurance (Bajaj allianz Gen.Ins.Co.Ltd.)
SECTION X:
A)- PUBLIC LIABILITY
B)- WORKMENS COMPENSATION
Sometimes our actions can cause injuries or property damages to third parties. In such cases coping with the liability can result in a large financial burden. We cover such risks :-
- You are free to select the sum insured under this section up to a maximum of Rs.10,00,000/-
For Workmen compensation the details of the persons who are to be insured with the annual wages to be declared
Exclusions on liability for the following:
- Assumed by agreement unless such liability would have attached to the insured notwithstanding such agreement
- Arising out of deliberate or willful non-compliance with any statutory provisions connected with fines, penalties
- In connection with any motor vehicles, watercraft & aircraft
- Any interest imposed in connection with Workmens Compensation Act
- Animals, kept for commercial or agricultural purposes
 
Premium Table :
Premium rates given below Rs. per 1000/-
Section Description Premium Rate (% 0-Rs.1000) Remarks
1- Fire Building and contents 0.5
Terrorism Cover Extension 0.10 0.5% of TSI subject to minimum of Rs.25,000/-
2 Contents-Burglary 2.25 First loss cover 40% with 150% premium on first loss amount
3 All Risks Jewellery Valuables 10 First loss cover 40% with 150% premium on first loss amount
4 Plate Glass 10
5 Breakdown of domestic appliances (Other than AC) 2.25
Window Airconditioner including split units 10
6 Electronic equipments TV etc. 10 0.3% for terrorism cover
7 Pedal cycles 10
8 Baggage 7.5
9 Personal Accident As per PA guidelines
10A
10B		 Public Liability 0.5
Workmen compensation As per WC tariff
Group Discounts: Following discounts can be given in the premium for opting more Sections:
Five/Six sections 15% on all sections except Section 1
Seven or more - 20% on all sections except Section 1
General Exclusions: This policy does not cover loss or damage
-Caused by war or allied perils
-Nuclear radiation and the like