Property Protection
Property Insurance
Sum assured
Rs 30 L
Premium / yr
Rs 6,000
Term
1 yrs
Entry age
—
About this plan
Insurance against fire, earthquake, and property damage from a company operating since 1994.
What's included
Key highlights
- Experienced company
- Mid-range price
- Reliable
Features
- Fire & allied perils
- Earthquake cover
- Flood cover
- Theft cover
Eligibility & term
- Policy term
- 1 year (renewable)
Pros & cons
Pros
- 30+ years of experience in general insurance
- Mid-range pricing with good coverage
- Earthquake + fire + flood available
- Theft cover available as rider
Cons
- Smaller branch network
- Theft cover is add-on (not included)
- Limited online services
- Slower claim process than larger competitors
What affects your premium
- Property value
- Construction type
- Riders selected
- Location
How to claim
- 1Report to NECO office
- 2Submit documents and FIR (for theft)
- 3Surveyor assessment
- 4Settlement after approval
Best for
Mid-budget homeownersExperienced insurer preferenceStandard coverage needs
What's not covered
- War damage
- Intentional damage
- Wear and tear
- Land value
Premium / yr
Rs 6,000