ACKO Bharat Griha Raksha

The word “Griha” means home, and “Raksha” means protection. ACKO Bharat Griha Raksha is an insurance policy that provides financial backup to cover the repair costs or to compensate if your home building/home contents are damaged or destroyed due to fire and fire-related incidents such as forest fire, explosion, etc.

Such incidents can put you under financial misery due to the scale of loss. It might also result in the injury/death of your loved ones, and you can also lose out on rent or may have to pay rent for alternative accommodation.

Here’s where the ACKO Bharat Griha Raksha comes into the picture. The insurance policy covers loss/damage to the home building and/or home contents. The exact coverage benefits of the ACKO Bharat Griha Raksha Policy depend on the opted coverage.

The policy covers damages to the home building caused due to fire, explosion, bush fire, forest fire or jungle fire.

Damage or loss caused due to natural disasters such as earthquakes, storms, cyclones, floods, hurricanes, landslides, lightning etc. is covered.

The policy also covers impact damage to the house building caused due to impact/collision of external physical objects such as aircraft, vehicle, tree, etc.

You can avail of the policy benefits if the house is damaged due to man-made calamities such as riots, strikes, malicious damages, vandalism, an act of terrorism, etc.

The insurance plan covers damages caused due to overflowing/bursting of the tank, overflowing/bursting of pipes or leakage from the installed automatic sprinkler.

Theft of any home content/article within 7 days from the occurrence of loss/damage to the home building.

The policy does not cover loss or damage to the home building due to any repair or alteration or removal/extension of any sprinkler installation.

Damages to the building and/or home contents due to defects in the construction are part of the exclusions.

Theft of article or home content outside your home are considered as exclusions. Also, theft of any article attached to the outer wall/roof is not covered.

Events such as normal cracking, coastal/river erosion are not covered by the policy. Also, damage to the building due to excavation or groundworks is considered as an exclusion.

Damage or destruction of the insured property due to a willful, deliberate or intentional act. Damage caused by anyone on your behalf is also part of the policy exclusions.

Damage or destruction of the property due to events related to nuclear nature (radiation, contamination, etc) are not covered by the policy.

You can purchase ACKO Bharat Griha Raksha Policy without the hassle of filling lengthy forms. You can visit the ACKO website/app to know more about the insurance plan and complete the online buying process within a few minutes.

When you purchase an insurance plan on ACKO, you directly buy the policy from us. There is no intervention from agents or any other third party. So, you pay only for the insurance you select and there are no additional costs.

ACKO is a digital-first general insurance company. Most of the processes such as insurance purchase, renewal and claim are transparent, thanks to the tech-enabled digital infrastructure.