AII Employees (Management & Non-Management) February 23, 2018

(Thru Portal)

SUBJECT: GRIHA SUVIDHA POLICY

Dear Colleagues,

Through the Reboot @35+ platform discussions were initiated with M/s New India
Assurance INIAJ with the possibility of providing additional coverage for the average
householder's contents on first loss basis. This policy is an abridged form'of the existing
Householders Package Poliry. It has two specific options and each option has five sections.
This policy is available for all regular and serving employees of HPCL, provided the contents
proposed for insurance is situated within the Indian Territory. The settlement of the claims,
shall be in Indian currency only.

SECTION - I

CONTENTS TEXCLUDING IEWELLERY & VALUABLES] AGAINST FIRE & ALLIED PERILS
INCI.TIDING EARTHQUAKH*,TERROBTSU ON FIRS
IS

'l'his section covers contents, which are kept and lnstallcd in thc prcmises, as tnetltlotred ln
the schedule, against fire and allied perils including earthquake. This section is broadly
meant to cover Furniture Fixtures Fittings, Upholstery Clothes and Apparels and Domestic
appliances. The insured need not furnish a detailed list of the items for which insurance
cover is sought

This section shall exclude:

a) Loss ofor damage to articles of consumable nature.
bJ Loss ofor damage to money, securities, stamps, stamp collections, bullion, livestock
motor vehicles and oedal cvcles.
 cJ Loss of damage of deeds, bonds. bill of exchange, promissory notes share and stock
precious
certificates, b-usiness books manuscripts documents to any kind, unset
stones and lewelry and valuables, unless specifically declared and covered'

SECTION: II

not
The sum insured here is same as section l. Under this section also the insured need
furnish the details of the items for which insurance is sought. This section is also broadly
meantto cover Furniture Fixtures Fittings, upholstery, clothes and Apparels and Domestic
appliances.

This section shall exclude:

aJ Loss or damage by burglary, housebreaking or theft where any of the members of
your family is involved as principal or accessory.
b) Loss of or damage to livestocl! motor vehicles and pedal cycles'
cj of
Loss or damage to money, securities for money, stamps, bullion, deeds, bonds, bills
exchange, piomissory notes, stock and share certificates, business books'
manuscripti, documents ofany kind, unset precious ones and iewelry and valuables'
unless specifi cally declared.

SECTION - III
IEWELLERY AND VALUABLES:

This scction is meant to cover fewelry and valttahle items worn Or kept in the premlses
againstperils includingbutnot limited to Fire &Allied Perils including earthquake, Burglarry,
House-Breaking & Theft and such other sudden accident or misfortune. The policy shall also
cover the perili whilst being worn by the Insured or his/her immediate family members
per-anenily living with the insured. Based on the items required to be covered, the
io.*ensu.at" option needs to be chosen by the employee. Description ofthe items in simple
terms need to be specified only for items whose value exceeds 10% ofthe Sum Insured under
this section. A list ofa maximum of 5 such items can be opted for under this section.

This section shall exclude:

aJ Loss or damage due to cracking, scratching or breakage of lens or glass whether part
-
of equipment or otherwise or to china marble, gramophone records and other articles
ofbrittle or fiagile nature.
 Mysterious disappearance, unexplainable losses, loss due to misplacement
and
b)
missing items.
process of cleaning dyeing'
Loss or"damage caused by moth, mildew, vermin or any
repairing or restorlng to which the Properly is subiccted'
watches and
dl Los, or iamage causid by mechaniial ierangement or over winding of
clocks.
all the doors'
eJ Theft from car, except from car of fully enclosed saloon.type having
windows and other sLcurely locked and properly fastened'
of affreightment'
tl Loss or damage whilstbeing conveyed by any carrierunder contract

SECTION - IV
BREAKDOWN OF DOMESTIC APPTICANCES

This section covers breakdown of Domestic Appliances being used in the

household' The
details ofsuch appliances restricted to the make & model need to specified
in the single page
proposed for insurance under this section is
f.oporul form iiself. The value of the gadgets
pari ofthe sum insured under section I & II agi inst Fire and Burglary'

This section shall exclude:

aJ Loss or damage caused by or arising out of willful gross negligence'

of this insurance
bj Loss or damage due to faults existing at the time of commencement
and known to the emPloYee.
cJ Loss or damage for which the manufacturer or supplier ofthe Property is liable
under
contract,
dJ cost oftransport to the repair shop and back to the insured's premised ofany insured
Property arising out of any damage.
eJ Loss of or damage to any insured Property by perils which are insurable under other
l;ection ot this pohcy.
tJ Loss of or damage to any lnsured Pruperl-y ulcasioDed by permancnt or tcmporary
dispossession rJsulting'from confiscation commandeering or requisition by any
lawfully constituted authority of such Property or by permanent or temporary
dispossession ofany building iesulting from the unlawful occupation by the insured
of the building.
SECTION -V
TVIDESKTOP INSURANCE
premises' The cover is
This section is meant to cover the Television &/or Desktop in the
and Mechanical Breakdown'
against Fire, Earthquake, Burglary & House Breaking, Electrical

The section shall exclude:

Loss of or damage to External Antenna or fittings by theft unless
the Television
a]
Apparatus or Deslitop itself is stolen at the same time'
or
bl Lois of or damage caused by or arising out of ortraceable to erection' repairing
dismantling ofthe Television Apparatus &/or Desktop
c)Lossoford-amageforwhichthemanufacturerorsupplieroftheTelevisionapparatus
&/or Desktop is responsible either by and / or contract'
d) Liability assumed by the Insured by Agreement unless such liability could have
affected to the insured not withstanding such agreement'

Excess under this section: 10lo of S,I.

Reimbursement of
depreciation on th
item value, Net rei
EmployeeswillNoThavetoproduceoriginal/duplicatebillsoftheitems/articlesfor
covering the same under this policy.

ONLINE APPLICATION
ONLINE link'
Employees will be given the option to register under this policy through an
lnterestetl eltpluyees uray submtt thell appllcotlon fur uuvutage uuder thir
pnliry'
Employees wili be required to accept the terms and conditions and an online
declaration
,t Ue provided by the employee(sJ. No physical signatures will be required post
"it
submission of online declaration.

Online Enrollment Link ->

Employees can login to the nomination linkand selectany one (1J out ofthe two [2) OPTIONS
available.

OPTION 1- SUM INSURED = Rs. 5,00,000 (FIVE LAKH ONLY)

OPTION 2 - SUM INSURED = Rs, 10,00,000 (TEN LAI(H ONIY)

 TIMELINES

Activation of online link fnr enrollment 24th Feb,2oL8

Last date for online enrollment 16th March, 2018

Policv Start Date l"t April, 2018

Policy End Date 31"t March, 2019

Sum Insured on First Loss Basis

Section Cover Description

Fire and Allied Perils[Content) 5,00,000 10,00,000

II Burglary House breaking and 5,00,000 10,00,000
Theft
III Valuables and Iewelry 2,00,000 4,00,000
IV Breakdown of Domestic 1,00,000 2,00,000
Appliances
\/ Television/Desktop Insurance 60,000 75,000
TOTAL ANNUAL PREMIUM
fin INRJ Rs.3880 Rs,7175
Excludins GST
TOTAL ANNUAL PREMIUM
[in INRJ Rs,4579 Rs,8467
INCLUDING GST (18olol

Applicable premium shall be deducted in March'18 payroll. Detailed policy document

received from NIA is al,lachct] as Auncxure-1,

KVinod
GM Commercial - LPG
& Member - Steering Committee,
Reboot@35+
 Annexure -l
The New India Assurance Compsnv Ltd
87, Mahatma Qandhi Road. Fort. Mumbai-400001
UIN:NIA-OT-P15-02-V0r-15-r6

NEW INDIA GRIHA SUVIDHA COVERAGES & OPTIONS

Value of the insurable Property as

per the options selected bY the
proposer(ln RS)

pi.e etti"a p"rils incl Earthquake & Terrorism to (Content such as

^nd
Furniture,Fixtures Fittings,Upholstery,Clothes & Apparels, Domestic
Appliances,etc in the residence excluding jewelry and'raluables)
Excess l% of S.l> under this section( item less than 1000/- not

Brrglaryarld ho"se brcfi luding theft and larcery (Content such

as Furniture,Fixtures Fittings,Upholstery,Clothes & Apparels,
Domestic Appliances,etc in the residence excluding jewelry and
valuables)
Excess 1% of S.l> under this section( item less than 1000/- not

Jewelrv and Valuables

(Meant for items worn or kept in the premises)
Broad Description Weight Value

III
On first loss
basis)

Only items whose value exceeds l0%,, of SI under this section need to
be soecified. A maximum of 3 such items can be covered
Exciss l% of S.t> under this section( item less than 1000i- lut

section for Domestic Appliances described in the schedule

and installed/lying in the above dwelling
Description
Item Make/lr4odel

IV
On first loss
basis)

Excess I of S.l. under this section(item less than Rs l 0001 not

o/o

covered) If item exceeds 3, please specify and attach the details ofthe

Television/DesktoP lnsurance
-reakdown
Item Make/Model

Excess lolo of S.l. under this section