Future Generali Home Suraksha

Definition

The following words or terms shall have the meaning ascribed to them wherever they appear in this Policy, and references to the singular or to the masculine shall include references to the plural and to the female wherever the context so permits:

• “Policy Period” means the period between the commencement date and the expiry date shown in the Schedule.
• “Insured” means the person named in the Schedule.
• “Insured Premises” means the property named in the Schedule so long as the use of the same is restricted to solely domestic purposes.
• “Schedule” means the Schedule attached to and forming part of this Policy.
• “Burglary” means the unforeseen and unauthorised entry to or exit from the Insured Premises by aggressive and detectable means with the intent to steal Contents there from.
• “Contents” means the items specified in the Schedule.
• “Valuables” means:

  Gold or silver or any precious metals or articles made from any precious metals; watches or Jewellery or Precious Stones or models or coins or curios, sculptures, manuscripts, stamps, collections of stamps, rare books, medals, moulds, designs or any other collectibles; deeds, ATM cards, credit cards, charge cards, bonds, bills of exchange, bank, treasury or promissory notes, cheques, money, securities, or any other negotiable instrument.

• “Policy” means the proposal, the Schedule, the Policy documents and any endorsements attaching to or forming part thereof either on the effective date or during the Policy Period.
• “Sum Assured” means the amount stated in the Schedule, which is the maximum amount (regardless of the number of amount of claims made or the number of the Insured’s who make a claim) for any one claim and in the aggregate for all claims for which the Company will make payment in relation to the Cover to which the Sum Assured relates during the Policy Period.
• “Deductible” means the amount stated in the Schedule which shall be borne by the Insured in respect of each and every Claim made under this Policy. The Company’s liability to make any payment under the Policy is in excess of the Deductible.
• “We, us, our” means Future Generali India Insurance Company Limited.
• “You, your” means the person (or people) named in the schedule.

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