Protect yourself with the ATM Safeguard Plan at just ₹749 and get a coverage of up to ₹50,000!
ATMs have always been convenient for cash transactions. It not only helps us withdraw cash, but also helps in other account related inquiries. Even though the ATM premises are safe and secure, you can’t assure the same as you walk out.
There can be many mishaps outside the ATM premises, such as, robbery, theft or assault. To protect you from such mishaps, Bajaj Markets brings you the ATM Safeguard Plan from CPP Group India.
It comes with a nominal membership charge of ₹749 and covers losses up-to ₹50,000. It covers financial losses caused during ATM transactions. Read on for more information.
Here’s what’s covered under the ATM Safeguard Plan:
Your Debit/Credit Card will be blocked instantly after making the claim
You can access your credit health report alongside your credit score.
You can reach out to qualified doctors on-call or get clinical advice via mobile app.
You can get extra financial assistance through this plan. You can get up-to ₹20,000 advance money if stranded during a trip in India and up-to ₹40,000 on an abroad trip.
You can get reimbursement of money robbed within 15 minutes of an ATM transaction.
The plan covers the first aid expenses of any injuries occurred during the robbery.
Here are the major plan details and specifications:
Membership fee of ₹749
Coverage up-to ₹50,000
Here’s what’s not covered under the ATM Safeguard Plan:
Third party damages or losses – Any expenses related to a third-party victim will not be entertained by the plan.
Other damages or losses – Any other damages or losses that are unrelated to the ATM Safeguard Plan will not be covered.
Damages outside coverage tenor - Any damages or liabilities outside the coverage period will not be entertained.
Emergency first-aid for a non-member – No first-aid expenses will be covered for a non-member of the ATM Safeguard Plan.
You can file a claim under the ATM Safeguard Plan by either sending an email to the insurer or calling them on their toll-free number. Here’s how you can get in touch with them:
Write an email to feedback@cppindia.com
Call on the toll-free number 1800-419-4000
You can connect with us at Bajaj Markets. Just write to us at
The one-time membership fees for the ATM Safeguard Cover is ₹749.
You can apply for the ATM Safeguard Plan through the Bajaj Markets app or website. Search for ATM Safeguard Plan in the Pocket Insurance section, click on ‘Buy-Now,’ enter your ‘necessary details’ and ‘make the payment.’ After following these steps, you will be a member of the ATM Safeguard Plan.
The ATM Safeguard plan is a pocket insurance, it is a type of insurance which covers specific expenses. ATM Safeguard covers expenses of mishaps which might have occurred during or after 15 minutes of an ATM transaction. It covers the amount lost during the burglary, bodily injuries, debit/credit card blocking, emergency travel assistance and much more.
You can claim the ATM Safeguard Plan by sending an email to feedback@cppindia.com or you can call on the toll-free number 1800-419-4000.
The maximum covered amount for the ATM Safeguard Cover is ₹50,000.