We are pleased to offer you protection for your personal belongings in the form of our HappyLocate Assurance, underwritten by ICICI General Insurance Company Limited (IRDA Reg number: 115) and administered by HappyLocate Relocation Services Pvt Ltd through WMG risk Advisory and Insurance Broking services LLP (IRDA License number: 603). This Information booklet provides important information about the program and the decisions you should make regarding it. Protecting your belongings against the possibility of loss or damage is a prudent decision whether you are at home or preparing for relocation. Your existing insurance policies (homeowners, renters or automobile policies) likely provide fairly limited, if any, coverage for your personal belongings while they are in transit or being relocated. Even though HappyLocate will take every precaution to eliminate risk, you will appreciate that the distance involved, coupled with the rigours of transit, means that loss and/or damage to your belongings may occur. That’s why HappyLocate strongly recommends transit protection to ensure that you are duly compensated for any loss or damage which may occur.
reinstatement value of similar washing machine
market value considering 20% dep
net of salvage @ Rs 1000/-
Value after condition of average
Less : Excess 1000/-(say)