ICICI Home Loan Insurance

Sir I am looking for the ICICI Home Loan Insurance so can you please tell me the details for applying to this policy? What are the coverage are included in this insurance?

[Pathak]

Hey the ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara.


Home Safe + is designed to cover various risks and contingencies faced by householders, under a single policy.

It is an exclusive coverage offered for ICICI Bank Home Loan customers.

Home Safe+ provides the traditional structure and contents cover. In addition, it pays you the sum insured opted at the time of availing the policy, in case of inability to pay the Equated Monthly Installments (EMI) due to death, critical illnesses or loss of employment.


Application process

The customer needs to submit a letter of intent during the home loan application stage. At the loan disbursement stage, he needs to submit the proposal form.

Both the documents, along with the Home Loan application documents (at the home loan application and the home loan disbursement stage)

Policy coverage


Home Safe+ covers you for the home loan liability, home structure and home contents. (Note – The policy period is of 5 years.)


Home Loan Liability Cover

The policy pays you the sum insured opted at the time of availing the policy, in case of inability to pay the outstanding home loan amount subject to the following factors:


Critical Illnesses

Accidental Death

Structure and Contents Cover

Burglary cover (only for contents)