HOME POWER PROTECT

Building Structure + Belongings Dual Protection For Your
Dream Home.
Building Structure + Belongings Dual Protection For Your Dream Home.

Safeguard your dreams with Home Power Protect - A complete home insurance package brought to you by Citibank through Royal Sundaram General Insurance Company. Home Power Protect provides complete coverage for damage to your building and contents.

Home Power Protect-provides complete coverage for damage to your building and contents covering the following:

  • Secure Home: Building Insurance/Collateral Property Insurance covering fire & allied perils including earthquake
  • Home Power Protect: Home Contents & Appliances covering fire & allied perils, burglary & machinery breakdown wherever applicable.
Home Power Protect

Home Power Protect

Safeguard your dreams with Home Power Protect - A complete home insurance package brought to you by Citibank through Royal Sundaram General Insurance Company. Home Power Protect provides complete coverage for damage to your building and contents.

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Home Building Insurance
  • The coverage gives options of higher tenor of 10 years / 15 years / 20 years.
  • The Sum Insured should represent the cost of reconstruction.
  • The coverage includes Fire & Allied perils & earth quake.
  • Escalation Benefits:
    • Royal Sundaram General Insurance Company offers you Escalation benefit to insure your property. Under Escalation method, the Sum Insured in the subsequent year will increase by 10% of the Original Sum Insured every year. For example, if the original Sum Insured is Rs.10 Lakh, in the second year the Sum Insured will be Rs.11 Lakh and in the third year the Sum Insured will be Rs.12 Lakh. This escalation comes to you at no additional cost. The biggest advantage of this Escalation benefit is that, since the Sum Insured gets automatically increased by 10% of the original Sum Insured every year, it matches the expected cost of Reconstruction for subsequent years.
    • 10% yearly escalation benefit is applicable for Home Building Insurance.
    • Single Premium Payment is required for insuring the "Building" for 20 years.
  • Extra Benefit:
    • Royal Sundaram General Insurance Company offers you the facility of covering your expenses on Architect's, Surveyor's and Consulting Engineer's fees up to 3% of the claim amount and expenses for debris removal up to 1% of claim amount at no additional cost.
  • Benefits under Fire and Allied Perils include
Home Contents Insurance
  • Three levels of cover to choose from to suit your lifestyle, with add-on covers as optional on payment of extra premium.
  • Option of renewing policy premium paying through Credit Card/Bank account.
  • Easy settlement of claims by the insurance company within 10 days from receipt of final documents.
Plan Option

Fixed Plan Cover

  Plan Option 1 Plan Option 2 Plan Option 3
COVERAGE PERILS COVERED 5,00,000 10,00,000 15,00,000
Household Contents Clothing, Linen, Furniture and fixture, curtains, utensils and crockery Fire and allied perils including earthquake and terrorism, Burglary and House Breaking, including larceny and theft 1,50,000 3,50,000 5,50,000
Maximum Limit per Item   15,000 35,000 55,000
  Plan Option 1 Plan Option 2 Plan Option 3
COVERAGE PERILS COVERED 5,00,000 10,00,000 15,00,000
Household Appliances Television, Refrigerator, Washing Machine, Microwave Oven, Music system, VCR/VCP, DVD Player Fire and allied perils including earthquake and terrorism, Burglary and House Breaking, including larceny and theft Electrical and Mechanical breakdown 1,50,000 3,50,000 5,50,000
Maximum Limit per Item   15,000 35,000 1,00,000
  Plan Option 1 Plan Option 2 Plan Option 3
COVERAGE PERILS COVERED 5,00,000 10,00,000 15,00,000
All Risks for Jewelry & Valuables including camera kept in the Home Fire and allied perils including earthquake and terrorism, Burglary and House Breaking, including larceny and theft, snatching of jewelry whilst worn on person 1,00,000 1,50,000 1,75,000
Jewelry & Valuables while in a Bank Locker only Fire and allied perils including earthquake and terrorism, Burglary and House Breaking, including larceny and theft 50,000 1,00,000 1,50,000
Maximum Limit per Item*   50,000 50,000 50,000
  Plan Option 1 Plan Option 2 Plan Option 3
COVERAGE PERILS COVERED 5,00,000 10,00,000 15,00,000
Third Party Liability(excl. liability arising out of motor vehicles) Legal liability due to third party Injury/death/property damage 50,000 50,000 2,00,000
Plants/trees/flowering shrubs/vases/ornamental plants/lawn grass Fire and allied perils including earthquake and terrorism, 50,000 50,000 75,000
Maximum Limit per Item   10,000 10,000 10,000
  Plan Option 1 Plan Option 2 Plan Option 3
COVERAGE PERILS COVERED 5,00,000 10,00,000 15,00,000
Sum Insured   5,00,000 10,00,000 15,00,000
Annual Premium with 15% S.tax   5,439 10,691 15,889
Excess (each and every claim)   1,000 3,000 5,000

Home Contents - Optional Sections

Add-on Cover (option 1)

COVERAGE PERILS COVERED Plan Option 1
5,00,000
Plan Option 2
10,00,000
Plan Option 3
15,00,000
Personal Computer, Air Conditioner and Air Cooler Fire and allied perils including earthquake and terrorism, Burglary and House Breaking, including larceny and theft Electrical and Mechanical breakdown 1,00,000 1,50,000 1,75,000
Maximum Limit per Item   25,000 25,000 25,000
Annual Premium for Add-on with 15% S.tax   1,319 1,976 2,319
Excess (each and every claim)   2,000 3,000 3,500

Add-on Cover (option 2)

COVERAGE PERILS COVERED Plan Option 1
5,00,000
Plan Option 2
10,00,000
Plan Option 3
15,00,000
Sports Equipment / Golf Clubs / Fitness gear & equipment / Sauna & Spa equipment Fire and allied perils including earthquake and terrorism, Burglary and House Breaking, including larceny and theft. 25,000 50,000 75,000
Maximum Limit per Item   10,000 25,000 25,000
Annual Premium for Add-on with 15% S.tax   131 260 398
Excess (each and every claim)   500 1,000 1,500

Add-on Cover (option 3)

COVERAGE PERILS COVERED Plan Option 1
5,00,000
Plan Option 2
10,00,000
Plan Option 3
15,00,000
Motorised Wheel Chairs, Perambulators Fire and allied perils including earthquake and terrorism, total loss due to Accidental Breakage,Burglary and Theft, excl. mechanical faults 20,000 50,000 50,000
Annual Premium for Add-on with 15% S.tax   104 260 266
Excess (each and every claim)   400 1,000 1,000
  • Enjoy up to Rs2,500 Bonus Reward Points* on your first spend with the Citibank Rewards Card.
  • IndianOil Citibank Platinum Credit Card.

Disclaimers:

Insurance products are obligations only of the Insurance company. They are not bank deposits or obligations of or guaranteed by Citibank N.A, Citigroup Inc or any of its affiliates or subsidiaries or any Governmental agency. All claims under the policy will be solely decided upon by the Insurance Company. Citibank, Citigroup or any of their affiliates and group entities hold no warranty and do not make any representation about the insurance, the quality of claims processing and shall not be responsible for claims, recovery of claims, or for processing of or clearing of claims, in any manner whatsoever. This document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a document or make such an offer or solicitation. Investment products are not available to US persons and may not be available in all jurisdictions.

Participation by the bank's customers in an insurance product is purely on a voluntary basis.

*IRS Circular 230 Disclosure: Citigroup, Inc., its affiliates, and its employees are not in the business of providing tax or legal advice to any taxpayer outside of Citigroup, Inc. and its affiliates. This document is not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties. Tax benefits are subject to changes in the tax laws. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Citibank N.A. is a registered Corporate Agent of Tata AIA Life Insurance Company Limited, New India Assurance Company Limited, Royal Sundaram General Insurance Company Limited and Apollo Munich Health Insurance Company Limited under the composite license number CA0086 issued by IRDAI.

Life Insurance Policies: These policies are underwritten by Tata AIA Life Insurance Co. Limited (IRDAI Registration No. 110)
CIN: U66010MH2000PLC128403 with its registered office at 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg,
Lower Parel, Mumbai 400013.

All guaranteed benefits are payable only when all premiums are paid when due.

Investment risk in the investment portfolio is borne by the Policy Holder. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associate with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors influencing the capital market and the insured is responsible for his or her decision. Tata AIA Life is only the name of the Insurance Company and the funds offered are only the names of the funds and does not in any way indicate the quality of the contract, its future prospects or returns.

Non-life Insurance Policies:

Policies are underwritten by New India Assurance Company Limited (IRDAI Registration No. 190) CIN: U99999MH1919GOI000526 with its registered office at No.87, Mahatma Gandhi Road, Fort, Mumbai – 400 001 or by Royal Sundaram General Insurance Company Limited (IRDAI Registration No. 102) CIN:U67200TN2000PLC045611 with its registered office at No. 21, Patullos Road,
Chennai 600 002.

Specialist Health Insurance Policies: These policies are underwritten by Apollo Munich Health Insurance Co. Limited
(IRDAI Registration No. 131) CIN: U66030AP2006PLC051760 with its registered office at Apollo Hospitals Complex, Jubilee Hills, Hyderabad - 33.

For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding the sale.

For any queries with respect to your Insurance Policies bought through Citibank N.A., kindly contact 24 x 7 CitiPhone, The updated numbers are available on www.citibank.co.in

SECTION 41 OF THE INSURANCE ACT 1938 PROHIBITION OF REBATES
  1. No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or renew or continue an Insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy nor shall any person taking out or renewing or continuing a Policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectus or tables of the Insurer.
  2. Any person making default in complying with the provisions of this section shall be liable for penalty which may extend to
    ten lakh rupees.