Our Products
Loans
Cards
Insurance
Investment
Stock Market
Electronics Mall
CIBIL Score
Knowledge Centre
Calculators
Our Services
My Account
Do not call
En
Multiple sum insured options | Coverage for disability | Highly affordable premiums
Last updated on: March 26, 2026
Accidents or medical emergencies can happen anytime, disrupting your monthly instalments. Treatment often involves significant expenses and can put a huge dent on your finances.
In this regard, to circumvent your financial stress, you can opt for an accident protection plan that will allow you to pay up to two EMIs during your disability or injury in an accident. The plan comes at a nominal premium starting at Rs. 29 for yearly coverage. With the help of such covers, you can mitigate the adverse effects on your financial stability due to disablements.
You can opt for your preferred sum insured amount ranging from Rs. 5, 000 to Rs. 50, 000 for the twin EMI accident protection insurance cover based on your monthly obligations.
Besides hospitalisation, this plan provides coverage for coma, both temporary and partial disability, along with permanent partial disability.
With a premium of just Rs. 29 per year, the Accident EMI Protection plan is a highly affordable option to secure against unforeseen events.
The application process for an accident protection insurance plan on the Bajaj Markets website is straightforward and hassle-free. Just follow the steps mentioned below to get covered:
Tap on the ‘Buy Now’ option on the product page.
Input the required details to fill the online application form
Pay the necessary premium amount to purchase the accident protection plan
To choose an accident protection plan, you need to meet the following eligibility criteria listed below:
Applicants must be an Indian resident
One must fall within the age bracket of 18-65 years
Suppose you encounter an accident which results in disability or injury and are not in a physical condition to work for at least a month; in that case, this plan will offer coverage of up to 2 EMIs payable by you.
Under this plan, you can claim a portion of the cash in proportion to the EMI payable to the existing insurance-linked loan account.
The table below gives you details and specifications about the accident protection policy:
| Options | Option 1 | Option 2 | Option 3 | Option 4 | Option 5 |
|---|---|---|---|---|---|
Sum Insured |
Up to Rs. 5, 000 |
Up to Rs. 10, 000 |
Up to Rs. 20, 000 |
Up to Rs. 25, 000 |
Up to Rs. 50, 000 |
Premium amount (including GST) |
Rs. 29 |
Rs. 39 |
Rs. 54 |
Rs. 59 |
Rs. 99 |
Plan validity: 1 year
This policy will not offer coverage for the following circumstances:
Any kind of pre-existing disease is not covered under this accident protection plan.
An accident due to adventure sports is not covered as per policy specifications.
To raise a claim against the accident protection insurance policy, you can select any of the following methods:
To contact the insurer, dial 1800-102-4462.
For any queries, you can send an email at servicesupport@manipalcigna.com by mentioning your policy number and other essential details
If you have questions or doubts regarding the policy, feel free to reach out to us at insuranceconnect@bajajfinservmarkets.in.
Reviewer
You can pay the premium of this insurance plan through different onlinea payment methods, including UPI, mobile wallet, credit and debit card, Net banking, etc.
You will receive the accident protection plan membership details on your registered email ID after successfully paying the premium amount.
Unfortunately, only the medical conditions specified in the policy details are covered.
No, you can explore and purchase your preferred insurance plan offered by various leading insurance companies on Bajaj Markets.
No. Both the plans and their specifications are different. A personal accident protection cover offers financial coverage for the policyholder's loss of life, disability and injury. Moreover, it also provides financial assistance to the deceased's family members. On the other hand, an accident EMI protection plan provides the benefit of up to two EMIs payable to the existing insurance-linked loan account.
Academy 
