Bharti AXA Life - Guaranteed Income Pro

About Plan

Our dreams and goals are what we plan to achieve but life is uncertain. You need insurance to ensure that all these plansremain protected, no matter what. A Life Insurance plan helps you by ensuring that your family
s future financial needsare taken care of in your absence and your family continues to maintain their lifestyle in case of any unfortunate incidentthat may happen with you.

At Bharti AXA Life, we understand this and have decided to act. We present to you Bharti AXA Life Guaranteed IncomePro - a Life Insurance plan that provides life insurance coverage and benefits of a savings product. The product isdesigned to protect your family
s future to ensure that they lead their lives comfortably without any financial worries, evenin your absence. The plan offers you guaranteed financial returns and fulfills your need to secure your financial obligationsand achieve your goals
whether they are for child need, retirement, a holiday or just planning a supplementary income.The plan takes care of your financial goal by giving you the flexibility to choose from two plan options
Endowment andIncome option. Both the options offer guaranteed bene ts that ensure you sail through uncertain time. The Income optiongives you 2 options to choose from

a) Immediate Income

b) Deferred Income.

Features

*LIFE INSURANCE COVER DURING THE POLICY TERM

*TWO PLAN OPTIONS TO CHOOSE FROM

A. ENDOWMENT OPTION get lump sum benefit at maturity

B. INCOME OPTION get income during the income payout period

*Get all your premiums back at the end of the payout period underLong Term Income and Deferred Income variants

*FLEXIBILITY TO CHOOSE PREMIUM PAYMENT TERM OR POLICY TERM

Eligibility

PREMIUM PAYMENTTERM / POLICY TERM /AGE AT ENTRY /MATURITY AGE:

PT
PPT
Min. Age Entry
Max. Age Entry
Min.Maturity Age
Max.Maturity Age

(yrs)
(yrs)
(yrs)
(yrs)

15
1
3
50
18
65

10
5
8
55
18
65

12
6
6
53
18
65

15
5
3
50
18
65

14
7
4
51
18
65

15
7
3
50
18
65

16
8
2
49
18
65

20
10
0 (91 days)
45
20

Premium Details

MINIMUM PREMIUM :
Depends on the minimum sum assured chosen

Premium applicable to you will depend on your age, gender, policy term, premium payment term and smoker status.Please note that the premiums applicable will be different for standard as well as substandard lives.

Premium payment mode: You may choose monthly*, quarterly*, semi-annual or annual premium payment mode.

Thefactors applicable for each mode are as given below:

Mode
Modal Factor

Annual
1 of Annualized Premium

Monthly*
0.0867 of Annualized Premium

Quarterly*
0.26 of Annualized Premium

Semi-Annual
0.51 of Annualized Premium

*Through auto pay only

ADVANCE PREMIUM:

For monthly premium payment mode policies the Company may accept 3 months premium in advanceonly on the date of commencement of the policy.

In case of advance premium:

Collection of advance premium shall be allowed within the same financial year for the premium duein that financial year

The premium so collected in advance shall only be adjusted on the due date of the premium

Premium payment mode

Annual, semi- annual, quarterly* & monthly*

*Through auto pay only

Sum Assured Details

MINIMUM :
Rs.25000

MAXIMUM :
No Limit, subject to Board Approved Underwriting Policy

Rs.10,00,000

Income Benefit Option

i. Short Term Income: This option offers maturity benefit in the form of income which is

defined as a percentage of one annualized premium, payable for fixed period of 10, 11 or 12 years upon payment of all due premiums and life assured surviving the policy term.

Income Payout
The income payout period and income payout percentage depends upon the Premium Payment Term chosen.

ii. Long Term Income: This option offers Maturity Benefit in the form of income for an income payoutperiod of 25 or 30 years post completion of Policy Term. Maturity benefit is

defined as a percentageof one annualized premium. At the end of income payout period, all the premiums paid (excludingthe taxes, rider premiums and underwriting extra premiums, if any but including modal loadings)would be returned subject to payment of all due premiums and life assured surviving the policy term.

Income Payout
The income payout period and income payout percentage depends upon thePremium Payment Term chosen.

Deferment Period

Deferred Income: This option offers guaranteed income for an income payout period of 25 years post completion of
Policy Term. Deferment period of 5 to 10 years is applicable from the end of premium payment term to end of policy term.

At the end of income payout period, all the premiums paid (excluding the taxes, rider premiums and underwriting extra premiums, if any but including modal loadings) would be returned subject to payment of all due premiums and life assured surviving the policy term. Income Payout
The income payout period and income payout percentage depends upon the Premium Payment Term chosen.

Death Benefits

In case of an unfortunate death of the Life Insured during the Policy Term, the following

benefits will be payable to the Nominee, provided the Policy is in-force and all due premiums till the date of death have been paid. Death Benefit will be payable immediately on death to the nominee.

A. ENDOWMENT OPTION :
Death Bene t is the Sum Assured on Death as de ned below:

Single Pay :(less than Rs.50,000) :-
Sum Assured on Death shall be
defined as the highest of -

i.
1.25 times of Single Premium#

ii.
105% of Total Premiums paid^as on date of death

iii. Absolute amount assured to be paid
on death equal to the Sum Assured

Single Pay*:(Rs.50,000 and more) :-
Sum Assured on Death shall be
defined as the highest of -
i.
10 times of Single Premium#
ii.
105% of Total Premiums paid^as on date of death
iii. Absolute amount assured to be paid
on death equal to the Sum Assured
Limited and Regular Pay: Sum Assured on Death shall be
defined as the highest of -
i. 11 times of Annualized Premium$

ii.
105% of Total Premiums paid^as on date of death
iii. Absolute amount assured to be paid
on death equal to the Sum Assured

In addition to the above, for the Limited and Regular Pay under endowment option, the guaranteed additions accrued till thedate of death shall also be payable as a lump sum. No guaranteed additions are applicable under single pay endowment variant.
B. INCOME OPTION
For death during the policy term, the death benefit is payable and the policy terminates.In case of death after policy term (during the income payout period), no death benefit is payable.
Single Pay: Death Benefit is the Sum Assured on Death, which is the highest of:
i. 10 times of Single Premium
ii. 105% of Total Premiums paid^ as on date of death
iii. Absolute amount assured to be paid on death equal to the Sum Assured
Limited and Regular Pay: Death Benefit is the Sum Assured on Death, which is the highest of:
i. Death Benefit Multiple+ times Annualized Premium$
ii. 105% of Total Premiums paid^ as on date of death
iii. Absolute amount assured to be paid on death equal to the Sum Assured
$Annualized Premium shall be the premium payable in a year chosen by the Policyholder, excluding the taxes, rider premiums, underwriting extrapremiums and loadings for modal premiums, if any.
#Single Premium shall exclude taxes, rider premiums, underwriting extra premiums, if any.
^Total Premiums paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.
Death during the Income Payout Period:
On death of the Life Assured during the Payout Period, the nominee shall continue receiving Income as perIncome Payout Frequency & benefit option chosen till the end of the Payout Period. The nominee shall have anoption to receive the future income and return of premium benefit, if applicable, as a lump sum, which shall bethe present value of future payouts, discounted at a rate of 8% p.a.

Maturity Benefits

In case the Life Insured survives till the maturity of the policy and all premiums are duly paid, then thebenefits, as mentioned below will be payable:

Maturity Benefit = Sum Assured on Maturity + Accrued Guaranteed Additions

Where, Sum Assured on Maturity is equal to the Sum Assured.

Guaranteed additions defined as 10% of Annualized Premium shall accrue each year, starting from theend of the first policy year and shall be paid out as a lumpsum on death of the Life Insured, or maturityof the policy. Guaranteed Additions are not applicable for Single Premium Policies.

Note: Annualized Premium, excludes modal loading, extra mortality premiums, Goods & Services Tax and Cess (if any).

Vesting Benefit

In case the Life Insured is a minor, the ownership of policy will automatically vest on the Life Insured on attainment of majority. If the Life Insured is a minor, only the surviving parents or the surviving grandparents can be the policyholder. In case of death of the policyholder while the Life Insured is a minor, the legal guardian can be the policyholder. The legal guardian may choose to continue to hold the policy or surrender the policy.

Tax Benefits

You may be eligible for tax benefits on the premiums paid as well as the benefits received as per the prevailing tax laws. The tax benefits are subject to change as per change in tax laws from time to time.

Rider Options

a)
Bharti AXA Life
Term Rider :
130B009V02 :
Under this rider the policyholder can increase the life insurance
coverage for a nominal premium.

b)
Bharti AXA Life Hospi Cash Rider : 130B007V04 : This rider allows payment of a fixed benefit for each day of
hospitalization subject to maximum of 40 days per year and also

provides lump sum benefit in case of surgery.

c)
Bharti AXA Life
Accidental Death
: 130B008V02 :
Receive additional sum assured as chosen under the rider in case
of unfortunate event of death due to an accident.

d) Bharti AXA Life
Premium Waiver Rider :
130B005V04 :
Under this rider, in case the Life Insured is diagnosed fromthe any of critical illnesses covered under the rider, the futurepremiums are waived off and the benefits under the policy will continue.

Free Look Period

If Policyholder disagrees with any of the terms and conditions of the Policy, there is an option to return the original Policy along with a letter stating reason/s within 15 days of receipt of the Policy Document in case of offline policy and within 30 days of receipt of the Policy in case of electronic Policy & a policy sourced through distance marketing (i.e. online sales). The Policy will accordingly be cancelled and the Company will refund an amount equal to the Premium paid and may deduct a proportionate risk premium for the period on cover, the medical expenses incurred by the Company (if any) and the stamp duty charges. All rights under this Policy shall stand extinguished immediately on cancellation of the Policy under the free look option.

All rights under this Policy shall stand extinguished immediately on cancellation of the Policy under the freelook option.

If the Policy is opted through Insurance Repository (IR), the computation of the said Free Look Period will be as stated below:-

For existing e-Insurance Account: For the purpose of computation of the said Free Look Period, the date of delivery of the e mail confirming the credit of the Insurance Policy by the IR shall be reckoned as the starting date of 15 days period.

For New e-Insurance Account: If an application for e-Insurance Account accompanies the proposal for insurance, the date of receipt of the
welcome kit
from the IR with the credentials to log on to thee-Insurance Account(e IA) or the delivery date of the email

confirming the grant of access to the eIA or the delivery date of the email confirming the credit of the Insurance policy by the IR to the eIA, whichever is later shall be reckoned for the purpose of computation of the free look period.

Grace Period

WHAT HAPPENS IF I AM UNABLE TO PAY PREMIUMS:

While we recommend that all your premiums be paid on the respective due dates, we also understandthat sudden changes in lifestyle like an increase in responsibility or an unexpected increase in householdexpenses may affect your ability to pay future premiums. You have following flexibilities in order toensure that your benefits under the policy continue in full or part.

Grace Period: Grace period is the period after the premium due date, during which you may pay yourpremiums without any impact on the policy benefits. During the grace period, the Policy is in-forceincluding risk cover under the Rider. The grace period is 15 days for monthly mode and 30 days forannual/ semi-annual/ quarterly premium payment modes. In case of the death of the Life Insured duringthis period, the Death Benefit shall be payable after deducting the unpaid due Premium and the Policywill be terminated. During the Grace Period, the policy will be in force.

Policy Loans

Financial burdens cannot be predicted and may arise any time. Thus this Policy gives flexibility to take loan from the Company. This is only possible if your Policy is in force and has acquired surrender value and shall be subject to the following terms and conditions:

1. The loan shall carry interest at the rate specified by the Company at the time of advancing the loan. The loan interest rate will be equal to the 10 year GSec* rate prevailing on 1st April each year plus 3% and will remain applicable for new as well as existing loans for that financial year. The interest rate in a Policy loan is not guaranteed and could be reviewed by the Company on 1st of April every year. The current rate of interest for FY 20 - 21 chargeable on Policy loans is 10.40% p.a.

2. The Policyholder shall assign the Policy absolutely to the Company and the Policy will be held by the Company as security for repayment of the loan and interest thereon;

3. The interest shall be calculated on a daily basis and the Policyholder can choose the method and frequency of billing of the loan interest amount.

4. The loan amount plus the outstanding interest will be adjusted against any benefits payable to the Policyholder

5. In case the Policy results in a claim before the repayment of the loan in full with interest, the Company shall be entitled to recover the outstanding loan and interest from any monies payable under the Policy;

6. In case the Policy is in Paid Up status, then the outstanding loan amount together with the interest shall not be equal to or exceed the Surrender Value of the Policy at any point of time. In case the outstanding loan amount with interest is greater than or equal to the Surrender Value, the Policy shall stand terminated and all future benefits will cease to exist. In-force premium paying/fully Paid Up Policy will never be cancelled for any contingencies arising from Policy loan payments.

7. The minimum amount of loan under this Policy is
15, 000.

8. The loan amount will not exceed 70% of the Surrender Value.

*The source of 10 year G-sec is The Clearing Corporation of India Ltd (ccilindia.com) Negotiated Dealing System
Order Matching (NDS-OM) Platform.

Revival Details

You have the flexibility to revive your lapsed policy within the revival period of five years after the due date of the first unpaid premium, subject to the terms and conditions the Company may specify from time to time.

For Revival, you will need to pay all the outstanding premiums and interest on the outstanding premiums and applicable taxes. The revival interest rate may be changed by the Company from time to time, subject to prior approval from IRDAI. The revival interest rate will be calculated on the 1st of April every year and will be derived as average of last six months 10 year G.Sec* yield of the immediate last financial year plus 0.5%. The current revival rate of interest for FY 20-21 is7.74% p.a. Once the policy is revived, you are entitled to receive all benefits under your policy.

Surrender Charges

IF THE POLICY HAS NOT ACQUIRED SURRENDER VALUE:

In case you do not pay the premiums within the Grace Period, your policy will lapse and your insurance cover will cease to exist. You can revive the policy within the period allowed for revival of the policy. At the end of the revival period if the policy is not revived then the policy will be terminated and no benefits will be payable.

IF THE POLICY HAS ACQUIRED SURRENDER VALUE:

In case you do not pay the premiums within the Grace Period, your policy will be converted into paid up and all the benefits under the Policy would be reduced and calculated. You have the option to revive the policy within the period given for revival of the policy. At the end of the revival period if the policy is not revived then the policy will continue in paid up status and the paid up benefits will be payable.

General Exclusions

In case of death due to suicide within 12 months from the date of commencement of risk under the policy or from the date of revival of the policy, as applicable, the nominee or

beneficiary of the policyholder shall be entitled to at least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death whichever is higher, provided the policy is in force.

Claim & Solvency Ratio

Claim Ratio	Solvency Ratio
99% (2023-24)	2% (March 2024)

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Frequently Asked Questions About Insurance

Health

Life

Auto

Home

What is health insurance? +

Health insurance is a type of coverage that pays for medical and surgical expenses incurred by the insured. It may also provide coverage for other types of health-related costs, such as prescription drugs, mental health services, and preventive care.

Why do I need health insurance? +

Health insurance helps protect you from high medical costs. It provides access to medical care when you need it, helping to pay for doctor visits, hospital stays, surgeries, prescription medications, and other health-related services.

What is a premium? +

A premium is the amount you pay for your health insurance every month. Depending on your plan, the premium may vary based on factors like age, location, and level of coverage.

What is a deductible? +

A deductible is the amount of money you must pay out-of-pocket before your health insurance starts covering your medical expenses. For example, if you have a deductible of $1,000, you must pay $1,000 out-of-pocket before your insurance starts covering your medical bills.

What are copayments and coinsurance? +

Copayment (copay): A fixed amount you pay for a covered health care service, typically when you get the service. Coinsurance: The percentage of the cost you pay for covered health services after you've paid your deductible. For example, if your coinsurance is 20%, you pay 20% of the bill, and the insurance company pays the remaining 80%.

What is an out-of-pocket maximum? +

The out-of-pocket maximum is the maximum amount you can spend on your health insurance. If you exceed this amount, your insurance company will pay 100% of your medical expenses.

What is the difference between in-network and out-of-network providers? +

In-network providers: Health care providers that have a contract with your health insurance plan to provide services at negotiated rates. Out-of-network providers: Providers that don't have a contract with your insurance plan. Services from these providers may cost more or not be covered at all.

What is a Special Enrollment Period (SEP)? +

The Special Enrollment Period (SEP) is a special time during the year when you can sign up for or make changes to your health insurance plan. If you miss this period, you may have to wait until the next one unless you qualify for a Special Enrollment Period (e.g., due to a life event like marriage or having a baby).

Can I keep my doctor with health insurance? +

If you have a preferred doctor, it’s important to check if they are in-network with your insurance plan. If they are not in-network, you may need to pay more out-of-pocket, or you may have to switch to another doctor who is in-network.

What is a Health Savings Account (HSA)? +

A tax-advantaged account for people with high-deductible health plans (HDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Flexible Spending Account (FSA)? +

A tax-advantaged account for people with low-deductible health plans (LDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Health Maintenance Organization (HMO)? +

An HMO is a type of health insurance plan that requires you to choose a primary care physician (PCP) and get referrals from them to see specialists. HMOs often have lower premiums and out-of-pocket costs but offer less flexibility in choosing providers.

What is a Preferred Provider Organization (PPO)? +

A PPO is a health insurance plan that offers more flexibility in choosing healthcare providers and doesn’t require referrals to see specialists. You can see any doctor, but you’ll pay less if you use in-network providers.

What is the difference between a Health Savings Account (HSA) and a Flexible Spending Account (FSA)? +

HSA: A tax-advantaged account for people with high-deductible health plans (HDHPs) The funds roll over from year to year and can be used for qualifying medical expenses. FSA: A tax-advantaged account for people with low-deductible health plans (LDHPs) The funds roll over from year to year and can be used for qualifying medical expenses.

What does the term "pre-existing condition" mean? +

A pre-existing condition is a medical condition that you had before you got your health insurance. It could include things like diabetes, high blood pressure, or heart disease.

Can I cancel my health insurance at any time? +

Yes, you can cancel your health insurance plan at any time. However, if you cancel outside the open enrollment period, you may not be able to get another plan until the next enrollment period unless you qualify for a Special Enrollment Period.

Are prescription drugs covered by health insurance? +

Many health insurance plans cover prescription medications, but the coverage may vary. Plans typically have a formulary, or list of covered drugs, and different drugs may have different levels of coverage, depending on whether they are generic, brand-name, or specialty drugs.

What is preventive care? +

Preventive care includes health services that help prevent illnesses, such as vaccinations, screenings, and annual checkups. Under the Affordable Care Act, most preventive services are covered by health insurance plans at no additional cost to the policyholder.

What should I do if my health insurance claim is denied? +

If your claim is denied, you can appeal the decision. Review the denial letter for reasons, contact your insurer for assistance, and file a written request for a hearing. If you win the appeal, you may be able to get a refund or other compensation.

How can I choose the best health insurance plan for me? +

When selecting a plan, consider factors like: Your health care needs (e.g., frequent visits, prescriptions) The plan’s network of doctors and hospitals The cost of premiums, deductibles, copays, and out-of-pocket maximums Coverage for specialized care or treatments Compare the different plans and benefits to find one that meets your needs.

What happens if I don't have health insurance? +

If you don’t have health insurance, you can still access some health care services, such as emergency care, in-network doctors, and in-network hospitals. You may be eligible for Medicaid, which provides some health care services at no cost to you.

What is life insurance? +

Life insurance is a contract between you and an insurance company, where you pay regular premiums in exchange for a lump sum payment (death benefit) to your beneficiaries upon your death.

What are the different types of life insurance? +

Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). If you pass away during this term, your beneficiaries receive the death benefit. It does not build cash value. Whole Life Insurance: Offers lifetime coverage with a death benefit and also builds cash value over time, which you can borrow against or use. Universal Life Insurance: A flexible policy that allows you to adjust the premiums and death benefit while also building cash value.

How much life insurance coverage do I need? +

The amount of coverage you need depends on factors like your income, debts, family needs, and long-term financial goals. A common rule is to have coverage worth 10 to 15 times your annual income, but this can vary based on your individual situation.

What is the difference between beneficiaries and policyholders? +

The policyholder is the person who owns the life insurance policy and pays the premiums, while the beneficiary is the person or group that receives the death benefit when the policyholder passes away.

Can I change my beneficiaries? +

Yes, you can change your beneficiaries at any time during the life of the policy, as long as the policy is in force and you follow the correct procedure with the insurance company.

What is the contestability period? +

The contestability period is the time during which you have the right to contest the decision of the insurer to pay the death benefit. This period varies depending on the type of life insurance policy and the insurer.

Does life insurance cover accidental death? +

Some life insurance policies include accidental death coverage, while others may require a separate rider for this benefit. Be sure to review your policy to understand what’s covered.

Can I cancel my life insurance policy at any time? +

Yes, you can cancel your life insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is cash value? +

Cash value is the accumulated value of the life insurance policy that can be used to pay for expenses, such as medical bills or funeral expenses.

How do I borrow against cash value? +

You can borrow against the cash value of your life insurance policy, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What is the difference between whole life and universal life insurance? +

Whole life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and builds cash value over time. Universal life insurance offers lifetime coverage with a death benefit and also builds cash value over time.

How are life insurance premiums determined? +

Life insurance premiums are based on factors like age, health, lifestyle (e.g., smoking), coverage amount, and type of policy. Generally, younger, healthier individuals pay lower premiums.

Can I borrow money from my life insurance policy? +

If you have a whole life or universal life policy, it may build cash value over time. You can borrow against this cash value, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What happens if I stop paying my life insurance premiums? +

If you stop paying premiums, your policy may lapse. For permanent policies like whole or universal life, the cash value may cover the premiums for a time, but eventually, if premiums are not paid, the policy will end.

What is auto insurance? +

Auto insurance is a contract between you and an insurance company that provides financial protection against damage or injury caused by accidents, theft, or other incidents involving your vehicle. It covers both liability and your vehicle's repair costs depending on the type of policy.

What types of auto insurance coverage are available? +

There are several types of auto insurance coverage, including liability, collision, comprehensive, uninsured/underinsured motorist, and additional coverage like roadside assistance and collision damage waiver.

How much auto insurance do I need? +

The amount of coverage you need depends on factors such as the value of your car, your driving habits, your state's legal requirements, and whether you own or lease your vehicle. A good starting point is to meet your state's minimum required coverage, but you may want additional coverage for added protection.

Can I cancel my auto insurance policy at any time? +

Yes, you can cancel your auto insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between liability and comprehensive coverage? +

Liability coverage covers the damages and injuries caused by accidents, while comprehensive coverage also covers non-accident damages, such as theft or vandalism.

How do I choose the right auto insurance policy? +

When selecting an auto insurance policy, consider factors such as the type of coverage you need, your driving habits, the value of your vehicle, and your state's legal requirements.

What factors affect my auto insurance premium? +

Several factors impact your insurance premium, including: Your driving history (accidents, tickets), The make, model, and age of your car, Your location (accident rates in your area), Your age, gender, and marital status, The level of coverage you choose, Your credit score (in some states).

What is a deductible? +

A deductible is the amount you must pay out of pocket before your insurance policy starts to cover the remaining cost of repairs or claims. For example, if you have a $500 deductible and incur $2,000 in damages, you will pay $500, and your insurer will pay the remaining $1,500.

What is the difference between comprehensive and collision coverage? +

Collision coverage pays for repairs to your vehicle after a collision with another vehicle or object, regardless of who is at fault. Comprehensive coverage covers non-collision incidents, such as theft, vandalism, or damage from natural disasters.

Can I get uninsured/underinsured motorist coverage? +

Yes, uninsured/underinsured motorist coverage is available in some states. This coverage provides financial protection for you if another driver is uninsured or underinsured.

Is auto insurance required by law? +

Yes, in most states, you are required to have a minimum level of liability insurance. Some states also require additional coverage like Personal Injury Protection (PIP) or uninsured motorist coverage. The requirements vary by state, so it’s important to check your local laws.

What happens if I don’t have auto insurance? +

If you drive without insurance, you risk facing legal penalties, fines, and the possibility of your driver's license being suspended. If you're involved in an accident, you could be held responsible for the damages.

Can I add other drivers to my auto insurance policy? +

Yes, you can add other drivers, such as family members or friends, to your policy. However, their driving record and age may affect your premium. It's important to inform your insurer about all the drivers in your household.

What should I do if I get into an accident? +

If you're in an accident, follow these steps: Ensure safety by moving to a safe location if possible. Call the police and file a report. Exchange contact and insurance information with the other driver(s). Take photos of the accident scene, vehicle damage, and injuries. Notify your insurance company about the accident as soon as possible.

What is home insurance? +

Home insurance is a contract between you and an insurance company that provides financial protection against damage or loss caused by natural disasters, theft, or other incidents.

What types of home insurance coverage are available? +

There are several types of home insurance coverage, including flood, fire, burglary, and liability. You may also have coverage for water damage, mold, and other property damage.

How much home insurance do I need? +

The amount of home insurance coverage you need depends on the value of your property, the type of coverage you want, and your insurance provider. You may also need additional coverage for water damage, mold, and other property damage.

Can I cancel my home insurance policy at any time? +

Yes, you can cancel your home insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between flood and fire coverage? +

Flood coverage covers damage caused by floods, while fire coverage covers damage caused by fires.

How do I choose the right home insurance policy? +

When selecting home insurance, consider factors such as the type of coverage you need, the value of your property, and your insurance provider.

What factors affect my home insurance premium? +

Factors such as the type of coverage you need, the value of your property, and your insurance provider can significantly impact your premium.