Long Term Dwellings for Building shall mean Flat or Apartment used for Residential purpose owned by the Insured located in a multi storied Building or Independent building which is not of Kutcha Construction. The Building shall include the superstructure including doors, windows, electrical and plumbing works. It does not include content inside the Building.
The Standard Fire and Special Perils Home Insurance Policy of Chola MS is a perfect solution for customers who wish to protect their Building against losses that may arise due to unfortunate events.
Standard Fire and special perils Home Insurance policy for long term Dwellings protects against the following for Building.
Fire insurance is normally an annual insurance policy renewable every year. A long term policy can be issued for a period not less than 3 years to insure a premises used as Dwellings (residence). The maximum period of such an insurance shall be 25 Years at any one time or till property insured reaches 50 years of age, whichever is earlier. The full premium for entire period is collected at inception and a discount in premium is given for such a long term insurance.
Rs. 10 Lakhs – Rs. 5 Crores (option allowed for customer entry)
A home insurance policy is the only way to protect and safeguard your peaceful abode from such unexpected dangers.
You can also choose from our customized house insurance plans- Chola MS Home Package Policy.
Cholamandalam MS, a General Insurance Company in India, offers a wide range of insurance policies for individuals and corporates.
For individuals, there are products like Car Insurance, Travel Insurance, Two Wheeler Insurance, Health Insurance, Personal Accident Insurance, Crop Insurance and Home Insurance. For SME's and Corporate Insurance clients, Chola MS offers customized insurance solutions encompassing insurance and risk consulting services such as Group Mediclaim Insurance, Group Personal Accident Policy, Engineering Projects Insurance, Engineering Operations Insurance, Liability Insurance, Marine Insurance, Fire Insurance and other Miscellaneous Insurance Solutions.
All Rights Reserved. Cholamandalam MS General Insurance Company Ltd. Insurance is the subject matter of solicitation. Reg office: 2nd Floor, "Dare House", No.2, NSC Bose Road, Chennai - 600001, India. IRDAI Registration Number : 123. Trade logo displayed above belongs to ‘CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED” (formerly known as TI financial holdings limited) and Mitsui Sumitomo Insurance Company Limited and used by Chola MS under license. CIN : U66030TN2001PLC047977.
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The advertisement contains only an indication of cover offered. For more details on risk factors, terms, conditions and exclusions, please read the sales brochure carefully before concluding a sale
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