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24*7 Claim Notifications

24*7 Claim Notifications

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Best Claim settlement Awards 2022

Best Claim settlement Awards 2022

  • Overview
  • Coverages
  • Key Features
  • Terminologies
  • Claim Process
  • Policy Download
  • FAQs

Burglary Insurance Terminologies

Sum Insured

Sum Insured

The sum insured is the maximum amount paid by the insurance company when a claim is made

Reinstatement of Sum Insured

Reinstatement of Sum Insured

The total sum insured is reinstated (restored) even if it is exhausted in one claim. Any sum insured is eligible for restoration benefits, not just the highest sum insured. Restoration benefits are only available for future claims


Frequently Asked Questions

What is claim settlement?

Claim settlement is the process by which an insurer compensates a policy holder for an insured loss

Burglary Insurance Terminologies

Sum Insured

Sum Insured

The sum insured is the maximum amount paid by the insurance company when a claim is made

Reinstatement of Sum Insured

Reinstatement of Sum Insured

The total sum insured is reinstated (restored) even if it is exhausted in one claim. Any sum insured is eligible for restoration benefits, not just the highest sum insured. Restoration benefits are only available for future claims


Frequently Asked Questions

What is claim settlement?

Claim settlement is the process by which an insurer compensates a policy holder for an insured loss

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