• Accidents can occur at any moment without any notice, which is why you should protect yourself with home insurance. But what happens if your home’s contents are at risk, such as a television? The optimal solution would be to obtain TV insurance. Whether it’s an LCD, LED, plasma, or even a home theatre system, having insurance will shield you from incurring unexpected higher expenses. Acquiring insurance can provide substantial protection against all possible damages.

Benefits of TV Insurance Policy

When considering a TV, you will certainly want to secure the best value. Thus, when you’re investing a considerable sum on a TV, ensure to acquire a comprehensive TV insurance plan as well. Some of the advantages of selecting the finest property insurance for your TV include the following:
• Guards against financial loss if the TV is damaged due to an unforeseen accident.
• Coverage for TV damage resulting from accidents or fire incidents.
• TV insurance provides protection for the asset in the event of theft or burglary within the home.
• Damaged components of the TV will also be included under the insurance coverage.
Insurance for your TV will eventually depend on the cost.

Factors Affecting the TV Insurance Policy Under Home Insurance

While obtaining home insurance, you should also think about safeguarding the contents of your home. Consequently, a TV insurance plan can be a great choice to consider. Various factors will influence the premium of the TV insurance policy, such as the following:
1. Sum insured:
The premium charged will vary for different TV models. Thus, examine the sum insured to comprehend the premium being charged.
2. Duration:
The duration selected for the policy coverage will affect the premium.
3. Cost of TV:
The cost of TV insurance will affect the premium. Hence, a higher TV cost will lead to a higher premium.

What is the Cost of TV Insurance?

• Typically, the premium for TV insurance is approximately Rs 7 per Rs 1000 sum insured. Therefore, the total cost will be based on the sum insured you choose.

FAQs

1. Is it worth claiming TV on home insurance?
It is recommended to claim the TV under home insurance only if the TV has substantial value.
2. Is it good to get TV insurance?
When purchasing property insurance, you may also acquire TV insurance to manage and safeguard the longevity of electronic devices in your home.
3. Can I insure my TV for accidental damage?
Yes, you can insure the TV for theft and accidental damage. The insurance will also cover any issues that may arise with the manufacturer’s warranty.

Conclusion

• A reliable TV insurance can assist in safeguarding a significant asset of your residence. Nonetheless, it is recommended to insure your house as well, while you are securing your home’s assets with the Bharat Griha Raksha Policy scheme. The policy encompasses not just the home but also its contents.
• Disclaimer: The information provided above is solely for demonstration purposes. For further details, kindly consult the policy document and prospectus before finalizing the sales.