What is Designer Clothes Insurance?

Usually, custom-made designer clothes are expensive due to their exclusive design and materials used. Therefore, all tangible items are exposed to being damaged or stolen. Even minor damage to the clothes would incur a loss in appearance and value. To safeguard your finances against damage or loss of such expensive designer clothes, you can opt for an all-inclusive clothing insurance policy at just Rs. 299 for a year, and get substantial coverage at an affordable fee.

Key Features of Designer Clothes Insurance

Here are some of the essential features of a designer clothes insurance plan:

Substantial coverage of up to Rs. 50,000

Such insurance plans extend coverage of up to Rs. 50,000 based on the value of the clothes as specified in the inbox.

Affordable annual premium

The insured person needs to pay a nominal premium amount of Rs. 299 per annum for this clothes insurance policy.

How to Apply for Designer Clothes Insurance?

Following is the stepwise procedure for purchasing this policy:

  • Tap on “Buy Now”

    Click on the ‘Buy now’ option.

  • Enter necessary details

    Input necessary details required in the application form.

  • Pay membership fee

    After completing the application process, pay the membership amount.


You will get the policy and membership details on your registered email ID.


What’s Covered under the Designer Clothes Insurance?

Here are some of the necessary inclusions that you need to know before opting for a clothing insurance plan:

  • Fire and natural disaster cover

You can avail coverage against any loss or damage caused due to fire outbreak, implosion, strikes or riots, lightning, explosion cyclones, earthquakes, floods, etc.

  • Accidental damage cover

In case your designer clothes are damaged due to any untoward incident, you can avail coverage for the replacement or repair costs.

  • Robbery or burglary cover

Such insurance on clothes extends coverage against damage or loss incurred due to attempted or actual robbery or burglary at the insured person’s premises.

Note: The coverage depends on the invoice value or up to the maximum sum insured value.

Policy Details & Specifications

Check out the policy details and intricacies below:

  • Membership fee

The membership fee is Rs. 299 per year.

  • Coverage limit

You can get coverage up to Rs. 50,000.

Clothes Insurance - Deductibles & Exclusions

One of the crucial things to consider when availing of an insurance policy is to learn about the exclusions.

Following are the exclusions of designer clothes insurance discussed in detail:

  • Damage due to pollution

If your designer clothes get damaged due to contamination or pollution, the insured will not get coverage for the same.

  • Loss due to terrorism

If the insured’s designed clothes are lost or damaged due to any act of terrorism, they will not be covered under the policy.

  • Purchased clothes a month ago

Based on the date mentioned in the invoice, if the purchased clothes are not insured within 30 days, it will not be covered under the policy.

  • Applied deductibles

The deductible amount of the first 5% of every claim amount is applied to a minimum of Rs. 1,000 for the sum insured value of up to Rs. 20,000 or Rs. 2,000 for the sum insured exceeding Rs. 20,000 - Rs. 50,000.

How to Make a Claim

You can reach out to the customer support team through any of the following methods:

  • Call

Dial the toll-free number: 1800-209-5858

  • Email

You can also email at bagichelp@bajajallianz.co.in

Documents Required to Process the Claim

While raising the claim, customers are required to submit the following documents:

  • Appropriately claim form

  • Invoice or bill copy of purchased clothes

  • FIR copy

Designer Clothes Insurance - Customer Care Details

To resolve your queries related to the policy, you can write at insuranceconnect@bajajfinservmarkets.in.

Designer Clothes Insurance - FAQs

  • ✔️Does designer clothing insurance provide coverage against accidental loss or damage?

    Yes, this insurance plan provides coverage for loss/damage to the clothes during fire outbreaks or natural disasters, excluding the damages caused while drying and heating them.

  • ✔️How to apply for designer clothes insurance?

    You can apply for such insurance policies in three simple steps. First, head to the buying journey, fill out the application form and make the payment.

  • ✔️Where can I find these insurance policies?

    You can find these policies by visiting the website of Bajaj MARKETS, where you can explore a range of exclusive insurance plans extended by reputed insurance companies.

  • ✔️Why is purchasing designer clothes insurance important?

    Since expensive designer clothes are made with quality material and unique designs, it enhances your personality and image in public. However, any damage to such clothes can lead to hefty repair or replacement costs. This is why purchasing such insurance policies can be effective, as it covers the expenses against the damages caused due to any untoward incident.

  • ✔️What is the validity of this insurance policy?

    These insurance policies come with a policy tenor of 1 year.