Find out how Home Insurance Works
Don’t let any mishaps ruin your precious home. Act now!
Protect what protects you! Insure your home and everything in it. Future Generali’s Home Secure provides all-inclusive protection for your biggest investment and protects you from all your related worries.
Home Insurance Eligibility
Home owned by you
You can buy Home insurance if you own a house.
Home not owned by you
You can buy insurance only for the contents in your house in case the house is not owned by you.
What Home Insurance Covers
Fire, Burglary / Housebreaking and natural calamities
Coverage for Baggage, Plate Glass, Pedal Cycle, ATM Cash Withdrawal, Misuse of Credit Card, Veterinary Costs
Losses or damages to domestic & electronic appliances, portable equipments like lap tops etc.
Liabilities like tenants legal liability, Domestic Workmen compensation and Public liability
Exclusions of this plan
Consequential Loss of any Kind or Description
Loss or Damage Caused by Depreciation or Wear and Tear
Damage to Contents of a Consumable Nature
Loss or Damage to Mobile Phones or Similar Communication Devices
How can you buy Home Insurance?
Your home is your biggest asset. And it’s important you protect your house and the valuables in it.
You can secure your home in less than 2 minutes.
- Get an Online Quote
It takes just a few minutes to generate your quote online.
a. Select the covers you need for your home
b. You can also opt for additional coverage’s for your valuables.
Get your Home Insurance quote
- Fill in the Details of Your Home
You need to fill in the address of the home you wish to insure and details of contents you have opted for.
- Complete Your Purchase
After you confirm the premium to be paid and agree to the terms & conditions, select a payment method (Credit Card/Debit Card or Net Banking) and pay securely & conveniently in easy steps and you are done.
- Download Your Policy
You can download your policy schedule and print it out. A copy of the policy is also sent to the email address you have provided in your profile.
Your home is an important asset. And you live your memories. Ensure you safeguard your home and its belongings from any burglary, fire, earthquake or other natural calamities.
What happens next after you have purchased
When you become a Future Generali Customer, you will receive a policy kit containing the following:
Grievance Redressal - procedure along with list of ombudsman addresses. In case you are not satisfied with the resolution to the complaint as provided by us, you may approach the Insurance Ombudsman for review.
Making a claim
At Future Generali, we will do everything to make your claim as simple and convenient. And here are few reasons why:
Our in-house claim settlement team processes your claims within 7 working days from the time we receive your claim intimation form along with required documentation. Find out more about how to make a claim or check out our claim process.
In-house team of professionals who can give specialised advice.
Contact our Helpline
In case you wish to speak to our experts about your policy, you can call us on:
You ask. We answer.
Fire insurance covers the structure of your home and along with any permanent fixtures and fittings like kitchen units and bathrooms. It covers the cost of repairing or re-building your home if it's damaged by flood, fire or any of the other risks detailed in the policy.
Future Generali’s Home insurance policy covers both, the structure of your home against Fire and allied perils as well as the contents.
Home insurance is a Householders' package policy for your House (owned building) and its contents. It is an umbrella policy that offers covers that are suitable for a household. eg. Fire & Allied perils; Burglary and housebreaking, Breakdown of electrical appliances etc
No, only building cannot be covered under Home insurance Policy. Cover for Building can be given only along with contents.
Yes, if the house is for rent (not owned), then only contents of the house can be covered.
Yes. If the fire damages the structure of your building, you could claim damages from the building insurance. Fire insurance only covers only damages to your house i.e the structure, and not the contents in it.
Home insurance is a comprehensive Package Policy which provides protection to home owner, property and its contents against loss or damage by sudden, unexpected event or accidents.
The Policy covers:
Fire Insurance of the building and home contents
Burglary / Housebreaking
All Risk Insurance for jewellery, ornaments or high value items, portable equipments such as laptops
Electrical and Mechanical failures of domestic appliances
Protection of Electronic Equipment
Personal Accident for your family
Protection against liabilities like tenants legal liability, domestic workmens compensation and public liability
Enhanced protection to include coverage for Baggage, Plate Glass, Pedal Cycle, ATM Cash Withdrawal, Misuse of Credit Card, Veterinary Costs.
No, only fire insurance for building and contents and burglary and house breaking covers are mandatory.
Earthquake and Terrorism are add on covers and can be opted as an extension to the Home insurance policy by paying an additional premium.
The most accurate way to determine the replacement / reinstatement cost of your home is to hire a building contractor or other building professional to produce a detailed estimate. Only the cost of the property’s structure and its associated systems, fixtures, and finishes will be included in the estimate. Land value is not included in the amount of insurance you buy.
Value of House Structure-
The value of your house structure should be insured for its replacement or reinstatement cost. Replacement / reinstatement cost is the cost necessary to repair or replace damaged items or structures in a manner similar to the construction of your house prior to the damage. When you insure your house structure for its replacement value, in the event of an unfortunate event, Future Generali will reimburse you for the cost of rebuilding or repairing your house, based on the size and structure of your house.
Value of Home Contents-
The best way to work out the value of your contents is to systematically go through every room and make an inventory. Don't leave anything out, whether it's a sofa set or a pair of curtains - they'd all need to be replaced if, say, there was a fire in your house.
You then need to work out how much it would cost to replace every single item on the list with a new one. The internet can help, or you might be able to find receipts and adjust for inflation. When you have a total, you should insure your contents for that amount. Don't simply guess the value of your contents: research shows that one in five households does not have enough insurance.
Just like the house structure, the contents should also be insured for replacement costs.
Unless prior consent has been given by the Insurer, policy does not cover items like jewellery ornaments, art works, scripts, documentary information, computer system information, shares & stocks and cash. These can be covered on specific request and subject to valuation.
The policy provides protection against loss or damage to insured property due to burglary and housebreaking.
The term “first loss” refers to a form of partial insurance in which a property is insured for an amount much less than the full value of the property. This provision is only given in burglary insurance, where there is very little possibility that all items within the property would be stolen at any one given time. For e.g., if there is burglary in a large retail store, everything in the store would not be taken but only up to a certain amount would be lost, and this is what would be covered in the first loss insurance policy. The amount is calculated based on what is believed would be the biggest loss possible at a single instance of burglary.
In simple terms, Under Insurance arises when you insure something for less than its value. In the event of a loss, you shall be at risk of being penalized in the amount you are able to recover. In these circumstances, the insurer may choose to "apply average" to the claim under an "average clause". This means that where the sum insured is inadequate, the insurer can reduce its liability for a claim by applying a proportionate approach.
*Kindly refer policy wordings for detailed list of exclusions and terms and conditions.
Top reasons why this is ideal for you
Protection under a single policy
Complete protection for property, contents, along with the interests of yourself and your family members under a single policy.
Affordable and attractive premium rates.
In-house claims unit
State of the art, In-house claims servicing unit for hassle-free claims process.
All-inclusive Home Insurance
All Risk Insurance for jewellery, ornaments or high value items. Portable equipments such as laptops are also covered.
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Rarely have I come across any insurance company which has the fastest claim settlement as yours. Indeed a very pleasant experience. Thank You!
Ajay Khanna,Navi Mumbai
Thank you FG. Your customer service is excellent and will definitely set a good example for others. I trust and truly appreciate your support.
Ranjan Khuntia, Hyderabad
Thank You for your exceptional support and prompt response throughout the claim process. Count me as a delighted customer and consider my feedback as extremely satisfied.