| Structural Defect Insurance | ||||
| Main Coverage | ||||
| Coverage | Description | SBIG | HDFC Ergo | |
| 1 | Structural Defect | physical damage to the Insured Property or any threat thereof caused by a Latent Structural Defect of such Insured Property. | Covered | Covered |
| 2 | Demolishing and Removal of Debris | The cost incurred for demolition and removal of debris in connection with the Loss | Covered | Covered |
| 3 | Professional Fees | professional fees, including but not limited to technical consultants’ and legal fees, necessarily and reasonably incurred in connection with the Loss. | Covered | Covered |
| 4 | Additional Costs | additional costs of repair or replacing and/or strengthening which arise out of alterations incurred solely and specifically in compliance with or consequent upon any building or other regulations under or pursuant to any statutory obligation | Covered | Covered |
| Additional Covers | ||||
| Sr No. | Coverage | Description | SBIG | HDFC Ergo |
| 1 | Ingress of water from building flat roofs | Covered | ||
| 2 | Ingress of water from basement | Covered | ||
| 3 | Ingress of water from external façade (only for commercial buildings) | Covered | ||
| 4 | Floor tiling in the apartment | Covered | ||
| 5 | Alternate rentals | Covered | ||
| 6 | Loss of Rent for a limited period | Policy covers loss of rent for alimited period , shoud repair cause for evacuation of building | Covered | |
| 7 | Water proofing of the terrace | Policy covers water proofing of terrace for a period of three years post one year successful application | Covered | |
| 8 | Weatherproofing of basement | Policy covers water proofing of basement for a period of three years post one year successful application | Covered | |
| 9 | failure of electrical cable | Covers failure of elctrical cables excluding electrical fittings | Covered | |
| 10 | Agreed Bank Clause | deals with the normal conditions attached to bank interest in the property insured and how insurer will treat such interests | Covered | |
