Your ambitions of starting a new business or settling abroad can become a monetary burden if your finances are not managed properly. Taking a loan can help you reach your dreams quickly, but circumstances that are beyond your control may majorly impact your family’s financial stability. 


Unforeseen events and accidents can dent your plans at any time. A great way to avoid any adverse effects on your funds, in case of such incidents, is to opt for the Finserv Protection Plan (FPP). This plan allows you to be in control of your finances even in the face of difficulties. Let’s understand how, in further detail.

Why Should You Opt For The Finserv Protection Plan

This plan, available to individuals who fall under the age range of 18 to 65 years, can be beneficial for people of all age groups. Here are some reasons why you should consider opting for an FPP.

  • Credit Protection

In case of an untimely demise, repaying loans taken by the deceased can become a major burden for the family. FPP safeguards your family financially in your absence to help manage their liabilities by covering your debts, up to the sum assured.

  • EMI Protection

    Having this plan ensures that in case of a sudden accident that leaves you unable to work, your EMIs are covered for up to 3 months. This reduces the immediate burden of repayments, allowing you to recover well without stressing over your finances.

  • Complete Healthcare

    Be it expensive medications, costly check-ups, or pricey consultations from specialists, this plan has it all covered. Additionally, the OPD visits at leading hospitals covered under FPP, assure you of a great recovery with minimal financial strain.

  • Small Conveniences

    When faced with a crisis, even the smallest help makes a difference. Easy PAN card replacement, 24x7 card blocking, and air ambulance services can be of immense help when you become the victim of an unfortunate robbery or accident. You can get these services and much more with FPP.

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Finserv Protection Plan Details

The Finserv Protection Plan is available in two variants, which are, FPP and FPP Lite. Here is a small table to help you understand the services covered under both these variants and choose the plan that fits your requirements the best.

Products Included


FPP Lite

FPP ScoreCard Plus

FPP Lite ScoreCard Plus

Credit Protection Cover



Personal Accident Cover



Wallet Care



Unlimited Doctor’s Consultation

Online Pharmacy Vouchers

Health Check-up Vouchers

OPD Consultation Vouchers

Discount Network Card

Credit ScoreCard



Know More About Each Product

Let us dive into the benefits of each product offered under the plan.

1. Credit Protection Cover

This cover provides financial security to your loved ones in case of untimely death, during the course of the policy tenure. Offered by the Bajaj Allianz Life Insurance Co. Ltd. (BALIC), this product allows your family to be financially independent. It covers your credit repayments up to the amount assured, helping your family manage their liabilities better.

2. Personal Accident Cover

Accidents are unpredictable. Don’t let such uncertainties disrupt your quality of life. The Personal Accident Cover, provided by Bajaj Allianz General Insurance Co. Ltd. (BAGIC), covers accidental injury leading to permanent partial or total disablement. It consists of 3 value-added services, which are as follows:

  • EMI Cover

Covers up to 3 months of your loan instalments in case of disablement, which leaves you unable to work for at least a month.

  • Air Ambulance Cover

Covers ambulance transportation costs of aeroplanes and helicopters from the site of the accident to the nearest hospital in life-threatening situations.

  • Road Ambulance Cover

Covers road ambulance costs as long as it does not exceed the sum insured, which is stated in the policy document against this cover.

3. Wallet Care

Theft, loss, or damage to your wallet may cause you a lot of trouble. Wallet Care, a pocket insurance product offered by CPP Group India, can help in such scenarios. It provides you with urgent travel assistance. Additionally, it covers not just your debit card but also your credit card loss. It comes with other value-added services like:

  • OTT Subscription

You can get free annual SonyLiv and Zee5 premium subscriptions for non-stop entertainment.

  • 24x7 Card Blocking

To avoid the misuse of your lost or stolen debit and credit cards, you can block them through this 24x7 service.

  • PAN Card Replacement

Without having to pay for any additional costs, you can get a new PAN Card in case your old one is stolen or lost.

4. Unlimited Doctor’s Consultation

Taking care of your health is not an easy task. You need the advice and assistance of experts to make sure that your body and mind are healthy. The Finserv Protection Plan enables you to get the specialised help you need through unlimited teleconsultations, throughout the policy term. You can access this facility via the vHealth app, which you can download on the Google Play Store and the App Store.

5. Online Pharmacy Vouchers

Constant advancements in the medical field have resulted in the discovery and invention of many powerful and effective medicines. However, their prices can be equally high. Save money on these expensive pills and syrups with the help of the online pharmacy vouchers provided by Netmeds under FPP. All you need to do is pay for the minimal delivery costs and enjoy discounts on your prescriptions.

6. Health Check-up Vouchers

Thyrocare provides you with health check-up vouchers under the Finserv Protection Plan. With this, you can monitor your help much more easily and take care of your health more easily. You will be required to book an appointment with Thyrocare and fast for more than 12 hours, prior to appearing for the check-up. Share your details with the service provider along with the voucher number to utilise the product.

7. OPD Consultation Vouchers

OPD consultations at leading hospitals are also covered under the Finserv Protection Plan. This facility is available for select cities and specific healthcare centres only. In order to benefit from this product, you will be required to present the physical voucher to the hospital before availing the services. Resolve your health issues with the help of experts from leading hospitals using the OPD consultation vouchers.

8. Discount Network Card

On purchasing the Finserv Protection Plan, you will be provided with a discount network card. This card allows you to get discounts in over 16,500 healthcare centres across India. It can be used to get offers at doctor’s clinics, hospitals, diagnostic centres, home care, etc. The list of these centres can also be accessed on the vHealth app.

9. Credit ScoreCard Plus

The Credit ScoreCard Plus is a detailed report that evaluates your credit status on the basis of your credit score. This service is available as an add-on, which you can opt for at the time of applying for FPP or FPP lite. The report can help you keep better track of your liabilities and manage your financial obligations better.

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How to Buy Finserv Protection Plan

 Here are some simple and easy steps to follow to apply for the Finserv Protection Plan on Bajaj Markets:

  • Start your journey by filling out the online application form

  • Enter your personal loan details like the tenure and amount

  • On the Product Bundle Page, opt for the Finserv Protection Plan

  • On approval, get your personal loan instantly along with the Finserv Protection Plan

Claim Process

Steps to Register a Claim in Case of an Accident

  1. You may raise a claim for personal accidental cover insurance within 24 hours of the accident.

  2. This can be done by informing Bajaj Allianz General Insurance Company Limited using its official website, bagichelp@bajajallianz.co.in

  3. You can also call on the toll-free no. 1800-209-5858 or visit any nearest branch office

  4. The claim can be registered online @ https://www.bajajallianz.com/general-insurance-claims

Steps to Register a Claim in Case of Sudden Death

  1. In case of sudden death, your nominee should file for a claim under the credit protection cover within 45 days of the incident. For this contact Bajaj Allianz Life Insurance Company Limited

  2. You can do this online by visiting https://www.bajajallianzlife.com/life-insurance-claim-assistance.html or the nearest branch office.

  3. Your nominee can also call 1800-209-7272 to register the claim

 Steps to Register a Claim in Case of Wallet Theft

  1. In case your wallet gets stolen, raise a claim within 24 hours of the incident to CPP Assistance Services Private Limited

  2. You can do so by sharing your policy details with the company by writing an email to feedback@cppindia.com.  

  3. You can also contact the company by using their toll-free number - 1800-419-4000 

FAQs on The Finserv Protection Plan

 FPP or the Finserv Protection Plan is a package comprising insurance products and value-added services. The plan is a great way to safeguard your family from the burden of loan repayments in case of disablement or sudden demise. It comes with multiple other healthcare-related benefits and pocket-insurance products like wallet care.

 No. You can opt for the Finserv Protection Plan only when you apply for an unsecured loan via the Bajaj Markets platform.

 Yes. If you happen to unfortunately pass away during the ongoing policy tenure, your family is liable to receive the sum insured under the plan.

 To check the complete list of 16,500+ healthcare centres where the Discount Network Card can be used, download the official vHealth app. It is available on the Google Play Store and the App Store.

 An EMI Cover covers up to 3 instalments of your loan payments in case you In case of a sudden injury, leaving you unable to work for at least 1 month. In case of events that lead to permanent partial or total disablement, you can enjoy the benefits of the EMI cover.

 FPP Lite is a mini version of the Finserv Protection Plan. It comes with the benefits of health check-up packages, vHealth doctor’s consultation, OPD consultation on network hospitals, the discount network card, and offers on online medicine orders on Netmeds.

 Call 18001034466 between 8 AM to 8 PM any day of the week (except on national holidays) to contact the vHealth Help Desk. Notify the customer service executives of the preferred timings and locations for the collection of samples. After confirming your appointment, visit the healthcare centre with the vouchers provided at the time of purchase of FPP. Present the voucher to the officials to get the discount.  

 You can use the pharmacy voucher by Netmeds easily by using the voucher code provided when ordering medicines online. Without this code, you may not be able to benefit from the voucher. Thus, it is important to keep the code safe and use it prior to the voucher’s expiry date.


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