Godrej Locks Offers free burglary insurance up to 20X the value of the product purchased

Mumbai, November 15, 2021: Godrej & Boyce on Monday announced that its business, Godrej Locks, will be commemorating the fifth year of Home Safety Day on November 15, 2021. To mark this event, Godrej Locks announced its partnership with Liberty General Insurance Ltd to offer burglary insurance up to Rs 1280 Cr to customers purchasing Godrej Locks.

Customers who purchase superior safety strength Godrej Locks such as the digital door locks range of Advantis and the newly launched Spacetek Pro-, Pentabolt Aries, Pentabolt EXS+, Altrix & Astro can avail of this offer. The validity of the insurance would be 1 year from the date of activation and the insurance value will be 20 times the MRP of the lock purchased. The insurance can be claimed by customers who experience a burglary at home and if there is a break-in of the lock. In case of a break-in/burglary, the customer/victim will need to present a valid FIR copy to claim the insurance. The insurance amount will also cover loss of jewellery and high end products.

Commenting on the Home Safety Day and collaboration with Liberty, Shyam Motwani, Executive VP & Head of Business, Godrej Locks, said, “On the occasion of Home Safety Day, we are glad to tie-up with Liberty General Insurance Co Ltd and provide an additional layer of home safety to our customers as well as a holistic and well-rounded bundle of protection. With this collaboration, the business expects to increase their sales by 30% of the superior safety strength locks of Godrej and impact over 50,000 households in India.”

On the collaboration, Roopam Asthana, CEO & Whole Time Director, Liberty General Insurance Co Ltd said, “In today’s world full of uncertainties, an insurance cover has assumed far greater significance than ever before. With this partnership we at Liberty General Insurance aim to reduce any insecurity a customer might have about safeguarding their homes from an unfortunate burglary.”

The insurance offered by Godrej Locks and Liberty can be voluntarily availed based on the customer’s prerogative & interest. In case any customer wishes to extend the policy, they can directly contact Liberty General Insurance Co Ltd. The collaboration between Godrej Locks and Liberty Insurance will be effective from 15th November 2021 until 14th November 2022.