CCTV instalments in homes, public areas and offices are increasing across every city in India to ensure safety. After all, a CCTV serves as a deterrent for thieves and burglars and further help nab them.
However, the CCTV installed in your home or office may sustain accidental damages or get stolen like any other device.
Buy a CCTV insurance plan to protect yourself from such financial loss or compensate for the repairing or replacement costs. This plan is available at a fee of Rs. 349 for a year and offers coverage of up to Rs. 40,000.
Here are the following features and benefits of this insurance plan:
This insurance plan comes with a complimentary coverage of up to Rs. 25,000 along with Rs. 40,000 worth of benefits for various emergency situations.
You receive monetary assistance if you get stranded whilst travelling because of unforeseen circumstances. This Includes a maximum advance of Rs. 20,000 in India and Rs. 40,000 while you are on an international trip.
If you lose or misplace your debit or credit cards, you can prevent them from being misused by calling your insurance provider. This eliminates the need to contact multiple card issuers to block the cards.
This insurance plan provides a subscription to F-Secure Internet Security. This antivirus safeguards your laptops and computers from malware and ensures safe net banking.
You don't need to visit the insurer's office to purchase CCTV insurance cover. Instead, you can do the same online by following a few simple steps mentioned below:
Head to the CCTV camera insurance page and tap on 'Buy Now'.
Submit the required information through an online application form.
Pay the premium online using any of your prefered payment modes.
You will get the details of your membership and policy details on your registered email id.
You can file a claim against your insurance policy if you meet the following situations and receive monetary compensation from your insurance provider:
You will receive financial assistance based on the maximum insured amount if your CCTV sustains accidental damages in a covered area. This compensates for the replacement and repairing costs so that you don't need to bear any additional financial burden.
This insurance plan covers the financial loss or damages caused to your CCTV camera due to attempted or actual robbery at your premise. The financial coverage depends on the invoice value or the maximum insured sum.
You can enjoy comprehensive financial coverage against damages caused due to riots, fire, lightning, implosion or explosion, or damaging impact on CCTV due to vehicles, animals, aircraft and natural calamities under this insurance plan.
Mentioned below are a few pointers specifying the details of the CCTV insurance plan:
The financial coverage of the CCTV insurance plan is up to Rs. 40,000 for meeting several emergencies. It also comes with a complimentary CCTV Protection plan that offers maximum monetary coverage of Rs. 25,000.
You can pay the premium online using any digital payment mode such as UPI, debit or credit cards and mobile wallets.
Here's what a CCTV insurance plan does not cover:
If your CCTV camera is not registered with this insurance cover within 1 year of its purchase, you cannot file a claim against this insurance plan.
This insurance plan does not extend coverage for damages caused to the CCTV camera due to preventive maintenance, servicing, repairing, or renovating.
This insurance policy does not provide financial coverage against damages caused due to warlike or hostile situations (whether war has been declared or not), the act of a foreign enemy, and war.
A 10% deductible is applicable with every claim, where policyholders need to bear this portion of the claim amount.
In case of any incident, You can file a claim it to receive monetary compensation to cover the financial loss or damages caused to the device. Following are the ways by which you can file a claim according to your requirement:
You can call the toll-free number 1800-266-7780. At the same time, senior citizens can dial 1800-22-9966 from their phones.
Type 'CLAIMS' and send it to 5616181.
You can call on a toll-free number 1800-419-4000
Send an email mentioning the incident at email@example.com
Whichever claim process you choose to get the reimbursement, you must provide the necessary documents and policy details.
Your insurance provider asks for the following documents to submit when you file a claim against the CCTV insurance plan:
Travel Safe membership letter
KYC documents such as Aadhaar cards and PAN card
Copy of FIR in case of theft or burglary
Invoice of the CCTV camera
You can connect to us by sending us an email at firstname.lastname@example.org.
The insurance company will settle the claim through a cheque or NEFT.
You need to pay 10% of the insurance claim amount for every claim you file against your CCTV insurance policy as the deductible or policy excess.
If your CCTV camera deteriorates due to regular wear and tear, such damages are not covered under this CCTV insurance policy.
Yes, you will receive the same policy coverage as long as you are buying a policy within 1 year of the purchase.
No, you cannot renew this policy, instead you need to repurchase it.