{"uin":"IRDAN144CP0001V01201819","name":"Latent Defects Insurance Policy","url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819","insurer":{"slug":"sbi-general-insurance","name":"SBI General Insurance Company Limited","url":"https://indiainsurances.com/insurer/sbi-general-insurance"},"line":"general","category":"other-general","category_name":"Other general insurance","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"Latent Defects Insurance Policy indemnifies collapse of or physical damage to the Insured Property, or threat thereof, caused by a Latent Structural Defect and notified during the period of insurance. It also covers demolition and debris disposal, professional fees and additional repair or replacement and strengthening costs, subject to the Sum Insured and any schedule deductible.","analysis":{"state":"machine","analysed_at":"2026-10-20 05:43:08.840595+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"not-stated","value":null,"display":null,"note":"The wording does not name plan variants; it only contains the base cover and endorsements.","quote":null,"sources":[],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"not-stated","value":null,"display":null,"note":"The policy refers to the period of insurance as stated in the Schedule, but the Schedule is not provided.","quote":null,"sources":[],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"In the event of Loss, the insured must immediately notify the insurers by email or in writing or other modes via the address specified in the Schedule, giving an indication of the nature and extent of the Loss, and confirm the advice in writing as soon as possible.","display":"Immediately notify the insurers and confirm in writing as soon as possible","note":null,"quote":"a) Immediately notify the Insurers by emailor in wiritng or other modes via the address specified in the Schedule, giving an indication as to the nature and extent of the Loss and confirm such advice in writing as soon as possible;","sources":[{"clause":"4.15(a)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-4-15-a"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["all such information and documentary evidence in relation to the Loss","anything that might prove necessary or useful by way of evidence in connection with the Loss","settled invoices, accounts or other documents as may be required by the Insurers"],"display":"Information and documentary evidence; evidence items; settled invoices/accounts or other documents required by insurers","note":null,"quote":"b) Supply as soon as possible all such information and documentary evidence in relation to the Loss as the Insurers may at any stage require; ... c) Preserve anything that might prove necessary or useful by way of evidence in connection with the Loss and make it available for inspection by a representative of the Insurers; ... Costs recoverable shall only be those actually incurred, which shall be confirmed by the providing settled invoices, accounts or other documents as may be required by the Insurers.","sources":[{"clause":"4.15(b)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-4-15-b"},{"clause":"4.15(c)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-4-15-c"},{"clause":"4.11(b)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-4-11-b"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":"The wording states a 21-day period for co-insurers to remit their share to the Lead Insurer after demand, but does not promise a time for deciding or paying the insured's claim.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Latent Structural Defects of material, workmanship, design, plan or specification of: i) Internal Components, Fittings, Installations and Contents; ii) External Components;","Use of the Insured Property for any purpose other than that for which it was intended and/or as stated in the Schedule","Inadequate maintenance;","Fire, lightning, explosion;","Flood, inundation, storm surge, earthquake, tsunami, volcanic eruption, frost, drought;","Wind, Precipitation, Groundwater and/or water of any origin, unless the primary cause is collapse of the Insured Property caused by a Latent Structural Defect;","Corrosion, oxidation","Wear & tear, deterioration, ageing, change in colour or texture, discoloration and/or staining;","Ingress of water (unless specifically covered);","Any consequential or economic loss or damage of any kind, including but not limited to loss of use, loss of rent, penalties;","War, invasion, act of foreign enemy, hostilities or warlike operations (whether war is declared or not), civil war;","Ionising radiations from or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear fuel;","wilful act or omission or gross negligence of the Insured or its management","any act of terrorism"],"display":"Special exclusions include internal/external component defects, wrong use, inadequate maintenance, fire/explosion, flood/earthquake, wind/water, corrosion, wear and tear, ingress of water unless covered, consequential/economic loss, war, nuclear risks, wilful acts/gross negligence and terrorism.","note":null,"quote":"a) Latent Structural Defects of material, workmanship, design, plan or specification of:\ni) Internal Components, Fittings, Installations and Contents;\nii) External Components; ... b) Use of the Insured Property for any purpose other than that for which it was intended and/or as stated in the Schedule including but not limited to loading by any weight greater than that for which the structure of the Insured Property was designed for; ... c) Inadequate maintenance; ... d) Fire, lightning, explosion; ... e) Flood, inundation, storm surge, earthquake, tsunami, volcanic eruption, frost, drought; ... f) Wind, Precipitation, Groundwater and/or water of any origin, unless the primary cause is collapse of the Insured Property caused by a Latent Structural Defect; ... h) Corrosion, oxidation, the foregoing being caused either due to attack of contaminants or unsuitable materials making up Structural Works or due to inappropriate protection to the Structural works. ... (i) Wear & tear, deterioration, ageing, change in colour or texture, discoloration and/or staining;\n(j) Ingress of water (unless specifically covered); ... (m) Any consequential or economic loss or damage of any kind, including but not limited to loss of use, loss of rent, penalties; ... a) War, invasion, act of foreign enemy, hostilities or warlike operations (whether war is declared or not), civil war; ... a) Ionising radiations from or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear fuel; ... This policy does not cover Loss directly or indirectly caused by or arising from or aggravated by any wilful act or omission or gross negligence of the Insured or its management. ... This policy does not cover Loss directly or indirectly caused by, resulting from, happening through, arising out of or in connection with any act of terrorism, regardless of any other cause contributing concurrently or in any other sequence to the Loss.","sources":[{"clause":"3.4(a)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-a-2"},{"clause":"3.4(b)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-b-2"},{"clause":"3.4(c)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-c-2"},{"clause":"3.4(d)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-d-2"},{"clause":"3.4(e)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-e-2"},{"clause":"3.4(f)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-f-2"},{"clause":"3.4(h)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-h-2"},{"clause":"3.4(a)","heading":null,"page":4,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-a-4"},{"clause":"3.4(a)","heading":null,"page":4,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-a-5"},{"clause":null,"heading":"3.3 Willful Acts and Gross Negligence","page":4,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-3-willful-acts-and-gross-negligence"},{"clause":null,"heading":"3.4 Terrorism","page":4,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-terrorism"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"conflicting","value":"Conflicting grievance routes are printed. One wording says Stage 1 is Bima Bharosa and direct complaint to Head – Customer Care is an alternative; the other wording says Stage 1 is writing or calling SBI General at head.customercare@sbigeneral.in, gro@sbigeneral.in or 1800 102 1111, with Bima Bharosa as an alternative before Ombudsman.","display":"Conflicting: Stage 1 Bima Bharosa in one wording; Stage 1 direct to SBI General in another","note":"The other wording also says Bima Bharosa is an alternative: 'Alternatively, you may Register your grievance with the regulator through Bima Bharosa'. Both wordings allow escalation to the Insurance Ombudsman after the company response is unsatisfactory.","quote":"Stage 1: Bima Bharosa ... You can register your grievances with the regulator using the following link: https://bimabharosa.irdai.gov.in/Home/Home ... Alternatively, if you wish to register your grievances directly with us, you may write to the Head – Customer Care. ... Stage 1:\nIf you wish to register your grievances directly with us, you may write to us at head.customercare@sbigeneral.in or gro@sbigeneral.in or call our toll free number- 1800 102 1111.","sources":[{"clause":null,"heading":"Stage 1: Bima Bharosa","page":9,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-stage-1-bima-bharosa"},{"clause":null,"heading":"Stage 2: Head – Customer Care","page":9,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-stage-2-head-customer-care"},{"clause":null,"heading":"Grievance Redressal Mechanism","page":9,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15272#c-grievance-redressal-mechanism"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"perils","label":"What is covered","section":"Cover","meaning":"The events or risks covered.","status":"quote-verified","value":["collapse of or physical damage to the Insured Property or any threat thereof caused by a Latent Structural Defect","demolition and disposal of debris of the Insured Property in connection with Loss","professional fees, including but not limited to technical consultants’ and legal fees","additional costs of repair or replacing and/or strengthening"],"display":"Collapse, physical damage or threat caused by a Latent Structural Defect; debris demolition/disposal; professional fees; additional repair/replacement/strengthening costs","note":null,"quote":"The Insurers hereby agree subject to the terms and conditions and exclusions contained herein or endorsed hereon that the Insurers shall indemnify the Insured for collapse of or physical damage to the Insured Property or any threat thereof caused by a Latent Structural Defect of such Insured Property, hereafter termed as Loss ... Subject to the Loss, the Insurers shall also indemnify the Insured, up to the Sum Insured specified in the Schedule, for costs and expenses necessarily and reasonably incurred in demolition and disposal of debris of the Insured Property in connection with Loss. ... Subject to the Loss, the Insurers shall also indemnify the Insured, up to the Sum Insured specified in the Schedule, for professional fees, including but not limited to technical consultants’ and legal fees, necessarily and reasonably incurred in connection with Loss. ... Subject to Loss, the Insurers shall also indemnify the Insured, for 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.","sources":[{"clause":null,"heading":"2.1 Insuring Clause","page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-2-1-insuring-clause"},{"clause":null,"heading":"2.2 Demolishing and Removal of Debris","page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-2-2-demolishing-and-removal-of-debris"},{"clause":null,"heading":"2.3 Professional Fees","page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-2-3-professional-fees"},{"clause":null,"heading":"2.4 Additional Costs","page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-2-4-additional-costs"}],"law":[]},{"key":"deductible","label":"Deductible or excess","section":"Limits and co-pay","meaning":"Amount of each claim you bear.","status":"not-stated","value":null,"display":null,"note":"The wording says the insured bears the amount set out in the Schedule or Endorsement as Deductible, but the Schedule is not provided.","quote":null,"sources":[],"law":[]},{"key":"cancellation_refund","label":"Cancellation by you","section":"Renewal and rights","meaning":"What you get back if you cancel during the year.","status":"quote-verified","value":"Before Policy Coverage Inception, the insured may cancel without assigning any reason and the insurers retain 30% of the policy premiums. After Policy Coverage Inception, the insured may cancel only on account of faulty title court award by giving 15 days notice, with a pro rata temporise refund after deducting claims incurred until cancellation.","display":"Before inception insurer retains 30%; after inception only for faulty title court award with 15 days notice, pro rata refund after deducting claims incurred","note":null,"quote":"The policy may be cancelled by the Insured without assigning any reason prior to the Policy Coverage Inception date and such an event the Insurers shall retain thirty percent of the hundred percent policy premiums. ... The policy may be cancelled by the Insured after the Policy Coverage Inception only on account of faulty title court award by giving 15 days notice in writing to the Insurer. In such a case, pro rata temporise refund shall be made to the Insured after deducting claims incurred until the date of cancellation of the policy.","sources":[{"clause":"4.21","heading":"Policy Cancellation Clause","page":7,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-4-21"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64VB","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 8","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 6","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 17","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, IV.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"territory","label":"Where it covers","section":"Overview","meaning":"Geographic area of cover: India only, worldwide, or listed countries. 'As stated in the schedule' is not an answer.","status":"not-stated","value":null,"display":null,"note":"The wording does not state a geographic territory of cover; it refers applicable law and jurisdiction to the Schedule.","quote":null,"sources":[],"law":[]},{"key":"subject_covered","label":"What is insured","section":"Cover","meaning":"The thing or risk this policy covers.","status":"quote-verified","value":"The policy insures the Insured Property known as the Project, comprising Structural Components, and any Internal Components, Fittings, Installations and Contents and External Components if included, against collapse, physical damage or threat caused by a Latent Structural Defect.","display":"The Project / Insured Property, mainly Structural Components, against loss caused by Latent Structural Defect","note":null,"quote":"k) Insured Property The property, which at the Policy Signing Date is known as the Project, as defined in the Schedule, comprising:\ni) Structural Components\nii) Internal Components, Fittings, Installations and Contents (if any)\niii) External Components (if any) ... The Insurers hereby agree subject to the terms and conditions and exclusions contained herein or endorsed hereon that the Insurers shall indemnify the Insured for collapse of or physical damage to the Insured Property or any threat thereof caused by a Latent Structural Defect of such Insured Property, hereafter termed as Loss","sources":[{"clause":"3.4(k)","heading":null,"page":2,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-3-4-k"},{"clause":null,"heading":"2.1 Insuring Clause","page":3,"url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021#c-2-1-insuring-clause"}],"law":[]}],"documents":[{"kind":"wording","label":"Latent Defects Insurance Policy Policy Wordings","pages":9,"fetched_at":"2026-10-16 04:24:45+00","source_url":"https://content.sbigeneral.in/uploads/LATENT_DEFECT_INSURANCE_POLICY_Wording_38d43d6db6.pdf","url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15021"},{"kind":"wording","label":"Latent Defects Insurance Policy Policy Wordings","pages":9,"fetched_at":"2026-10-17 20:01:25+00","source_url":"https://content.sbigeneral.in/uploads/Latent_Defects_Insurance_Policy_Wording_3691235fcf.pdf","url":"https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819/document/15272"}],"versions":[],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"SBI General Insurance official website","url":"https://www.sbigeneral.in/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Health claims","url":"https://www.sbigeneral.in/claim/health","note":null},{"purpose":"claim","kind":"insurer","name":"Home claims","url":"https://www.sbigeneral.in/claim/home","note":null},{"purpose":"claim","kind":"insurer","name":"Motor claims","url":"https://www.sbigeneral.in/claim/motor","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.sbigeneral.in/grievance-redressal","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"renew","kind":"insurer","name":"Policy renewal","url":"https://www.sbigeneral.in/policy-renewal","note":null}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Latent Defects Insurance Policy (UIN IRDAN144CP0001V01201819), IndiaInsurances, https://indiainsurances.com/policy/sbi-general-insurance/latent-defects-insurance-policy-irdan144cp0001v01201819"}