A comprehensive building insurance policy covers the physical structure of your property — walls, roof, floors, fixed fittings and foundations — against a wide range of perils.
Flats, bungalows, row houses and individual homes. Covers the structure, staircase, lifts, common areas and compound walls.
Offices, shops, showrooms, hotels, malls and mixed-use buildings. Can include tenant improvements, fixed assets and common infrastructure.
Factories, warehouses, godowns and manufacturing units. Coverage for the civil structure, boundary walls, overhead tanks and permanent fittings.
Building insurance is based on the reinstatement / reconstruction value — not the market value. This is the cost of rebuilding the structure from scratch using current material and labour costs, excluding the land value.
Underinsurance is a common and costly mistake. If your building is insured for less than its actual reconstruction value, your claim will be settled on a proportional basis. Our advisors help you get the right sum insured — every time.
Speak to an AdvisorGet a tailored building insurance quote in minutes — residential, commercial or industrial. No paperwork hassle.