Standard Home Insurance – Bharat Griha Raksha

Standard Home Insurance – Bharat Griha Raksha

Finances News

Bharat Griha Raksha – Bharat Griha Raksha is new initiative by IRDIA. After launching standard term insurance and health insurance policy, Insurance Regulatory and Development Authority of India (IRDAI) announced a standard home insurance policy. The guideline for the standard home insurance policy is issued by IRDIA on 4th January, 2021. The policy Bharat Griha Raksha is meant for home building and home content. The product of standard home insurance shall be issued by general insurance companies from 1st April, 2021. The basic purpose of issuing standard home policy is to boost property coverage against natural calamities and damages from