SBI Home Loan Insurance

I want to get apply for SBI Home Loan Insurance. So I want to know about its Coverage, Key benefits and Product features. So here can you provide me information about it?

[Saksham]

I have almost complete information about the SBI Home Loan Insurance. So here I am telling you about it as you want.

Key benefits
Every body can buy the Policy up to a period of 30years
In-built coverage for earthquake


Coverage
SBI General's Long term Home Insurance Policy is designed for covering loss or damage by following perils :

Fire
Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation
Impact Damage
Subsidence and Landslide including Rockslide
Missile Testing Operations
Leakage from Automatic Sprinkler Installations
Bush Fire
Lightning
Explosion / Implosion (excluding boilers , economizers, pressure vessels)
Aircraft Damage
Riot, Strike and Malicious Damage
Bursting and/ or Overflowing of water tanks, apparatus and pipes
Earthquake (Fire and Shock)

Product features
SBI General's Long Term Home Insurance Policy provides a comprehensive solution for protecting our Home.

Exclusion
Major exclusions under the Policy are in respect of loss or damage due to:

Willful acts or gross negligence
Forest fire
Electrical and Mechanical Breakdown

Destruction/Damage by own fermentation, natural heating or spontaneous combustion
Explosion/Implosion damage to boilers, damage caused by centrifugal forces
War and nuclear group of perils
Theft during/after operation of peril
Pollution and contamination

Unspecified precious stones, cheques, currency, documents, etc. unless specifically declared
Consequential losses
Volcanic eruption or other convulsions of nature
Burning of Property by Public Authority