Policy Wording of Home Insurance (Bajaj allianz Gen.Ins.Co.Ltd.) |
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SECTION III:
JEWELLERY & PRECIOUS STONES |
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| Jewellery today has become an integral part of our lives for any occasion. We provide a policy which safeguards this asset by covering: | ||
| Jewellery kept in specified bank lockers and also list of items covered with their value to be provided | ||
| Valuation Certificate is required: | ||
| If the value of individual item in this section exceeds 10% of the sum insured or otherwise liability shall be restricted to 10% of the sum insured | ||
| If the sum insured is Rs.5 lacs or more or where the value of the individual item exceeds Rs.5,000/- | ||
| Exclusion on loss or damage caused to/ from: | ||
| - Crackling, scratching or breakage of lens, glass, gramophone records or other items of fragile nature | ||
| - Car, except from a fully enclosed saloon car having all doors, windows and other opening securely locked and fastened | ||