Eyewear Assure Cover - Specifications and Benefits

Eyewear is an essential accessory for most individuals. However, it has now become more of a style statement rather than just a necessity. The sale of eyewear accessories has been rising due to the increased usage of digital devices for online classes and work from home. This has resulted in a significant demand for anti-glare filters and blue-lens spectacles. 

Since the cost of these exclusive eyewear runs in thousands, eyewear insurance is a must! This way, you can be sure that you are financially secure in case of theft, loss, or damage to expensive eyewear. So, Bajaj Markets brings you an Eyewear Assure plan at just ₹799. Now you can buy your favourite glasses without worrying about how expensive they are.

If you wish to buy the Eyewear Assure Insurance Cover, you must fulfil the following criteria:

• You must be a Resident of India

• You must be more than 18 years of age

   

Besides, no documents are required to be submitted. However, you must provide the below-mentioned details while purchasing the cover:

• Your name

• Your address

• Your email ID

• Your mobile phone number

Knowing about the Eyewear Assure cover will assist you in making an informed decision while purchasing it. Let’s take a look at the details of the plan:

• Coverage limit:
  Coverage of up to ₹40,000 and additional coverage of up to ₹15,000.

• Validity:
  This plan comes with a validity of 1 year

• Payment methods:
  You can make the payment via UPI, net banking, credit/debit card mobile wallet, and other available online payment modes.

Now that you have your eyewear including your sunglasses covered by the insurance policy, here are some of the specifications under this plan:

• Accidental Loss or Damage
  Get maximum financial coverage for your spectacles in case of accidental damage.

• Coverage Against Fire, Riot, and Strike
  This plan covers your spectacles up to the maximum sum assured value against any losses due to strikes, riots, fires, etc. In addition, the concerned insurer will compensate for the exact cost of replacement or repair of your damaged spectacles.

• Coverage For Burglary or Theft
  This insurance plan covers your eyewear up to the maximum sum assured value from the financial losses due to theft, robbery, or burglary.

Sunglass insurance policyholders can avail of a deductible amount of Rs.500 to up to Rs.15,000. Besides, here are some of the exclusions under this comprehensive insurance policy:

• Spectacles older than a year
  Eyewears that are a year older in line with the invoice date are not covered under this plan.

• Damage due to mishandling
  Damage or loss of spectacles due to carelessness or mishandling is not covered under this plan.

• Wear and tear
  There’s no coverage for damages from normal wear or tear.

Here are the additional benefits offered under this plan:

• Card blocking
  This insurance plan allows the policyholder to block all debit/credit cards by making a single call to the insurer.

• Travel Assistance
  If you are stranded during your journey, you can avail of financial help of up to ₹20,000 in India and up to ₹40,000 abroad.

• Roadside Assistance
  You can avail of urgent roadside assistance in case of vehicle breakdown, car battery failure, flat tyre, etc. You can enjoy this facility across 400 locations pan India.

Moreover, here is the chart of depreciation for your reference:

Here is the list of documents required to make a claim:

• An incident report by the insured

• FIR copy, in case of burglary or theft

• Original invoice or bills of the spectacles

• Duly signed and filled claim form

• Copy of report from the fire brigade, in case of loss or fire

   

Besides, there are other documents required during the time of claim settlement. Upon submission of all the required documents, the concerned department will settle the claim within the specified time frame.

You can connect with us at Bajaj Markets for this plan or any other pocket insurance queries. Just write to us at: insuranceconnect@bajajfinservmarkets.in.