KVB Suraksha
A comprehensive insurance policy exclusively for KVB customers and it is brought to you by Karur Vysya Bank in association with Bajaj Allianz General Insurance.
Your life is undoubtedly precious. So are the assets that you have purchased and treasure in your home. KVB SURAKSHA is designed to provide a protection of your person and your personal assets from the financial trauma of accidents. It offers you personal accident insurance cover and insurance against loss or damage to your household belongings.
Features
- Complete peace of mind by insuring your household contents against all possible risks.
- Unique personal accident and medical expenses cover due to accident.
- Three different plans to help you decide the cover you need at a premium you can afford.
- Option to pay directly by credit card with an automatic renewal facility.
- Trouble free claims settlement by Bajaj Allianz General Insurance Company Limited.
Coverage
| Coverage | Perils Covered | Plan I | Plan II | Plan III |
| Property All Risk - Household Contents (Excluding Jewellery, Valuables, Mobile phones, Moving camera) | Fire, Lightning Aircraft damage, Riot, Strike, Malicious Damage, Strom, Tempest, Flood, Inundation, Burglary (First loss basis) (Fire: Without condition of average) | 100000 | 200000 | 500000 |
| Baggage | Loss of baggage while on tour or on holiday. (Geographic Location: India) | 5000 | 10000 | 20000 |
| Personal Accident (Accident Death Only) | Accidental Death Only. (Geographic Location: Worldwide) | 200000 | 400000 | 500000 |
| Medical expenses due to accident | Accident only (Geographic Location : India) | 20000 | 20000 | 20000 |
| Breakdown of home appliances (Excluding Air conditioners) | Accidental electrical and mechanical breakdown. | 50000 | 75000 | 100000 |
| Total Sum Insured | – | 375000 | 705000 | 1140000 |
| Final Product Premium including service tax | – | 420 | 705 | 1115 |