Fitness trackers transmit and record detailed information about your health data and daily activity. It provides different metrics like daily steps, heart rate, and active minutes, sleep quality, etc. In recent times, these devices have become highly popular, primarily with the increasing popularity of smartphones.


However, these devices are highly susceptible to damages and theft, and a Fitness Wearable insurance plan can extend necessary financial coverage in case of such mishaps. You can easily get it for Rs.249 to receive financial coverage of up to Rs.20,000.

Key Features and Benefits of Fitness Insurance Plan

Here are some notable features and benefits of a wearable insurance plan

Substantial coverage against a nominal premium

You can now get insurance coverage of up to Rs.20,000 at only Rs.249 with this insurance plan.

Easy payment

You can now purchase this policy by making payments through mobile wallets, credit/debit cards, UPI or net banking.

Be prepared for the eventuality

Your financial interest is now protected against man-made and natural disasters along with any breakdowns with repair and replacement facilities. 

How to Apply For Fitness Insurance?

The application process is simple and hassle-free. All you have to do is follow a few simple steps to get covered:

1. Click on Buy Now

Tap on ‘Buy Now’ on the product page

2. Fill in the Details

Enter the required details in the online application form

3. Make the Payment

Complete the quick online payment

What’s Covered?

Here are the inclusions of a Fitness Wearable Insurance policy:

Coverage against breakdown

Any breakdown of your wearable device due to mechanical or electronic malfunctions is covered under this policy. In these cases, you can claim reimbursement for repair and replacement costs.

Coverage from accidental damages

In the event of any accidental damages or loss of this device, you are eligible to claim a reimbursement for the replacement or repairing cost. However, the device must be in your custody during this mishap to be eligible for this benefit.

Well-rounded protection

Get coverage for your fitness wearable against any damages to it due to earthquakes, floods, riots, fire etc. and any other perils specified in the policy terms.

Policy Plan Details and Specifications of Fitness Wearables Insurance

Membership fees

Coverage Limit

Payment modes



Debit/credit card, mobile wallet, UPI or any preferred modes

What’s not Covered?

Here are exclusions of health and fitness insurance policy:

  • Delay in application

In case you apply and purchase this policy after 30 days of buying your fitness wearable, you will not be eligible for the coverage of your policy. This period will be judged as per the date mentioned in the invoice of this device.

  • Damage due to pollution

Any damages due to the pollution are not covered under this policy.

  • Damage due to act of terrorism

Any damages to the device because of any terrorist activity will not be covered under the plan.

  • Deductibles applicable

The first 5% of every claim amount is deducted a maximum of Rs.1000 against a claim amount of Rs.20,000. Additionally, this figure rises to Rs.2000 for a sum insured that is higher than Rs.20,000 but lower than Rs.50,000. It is applicable unless altered and revised by the insurer and mentioned in the Certificate of Insurance.

How to Claim Your Fitness Wearable Insurance Plan?

If your wearable device is damaged or lost, you can contact the customer experience team via:

  • Toll-free number: 1800 209 5858

  • Email at

  • Visit the customer service website

  • Mailing address: Bajaj Allianz General Insurance Co. Ltd. - Bajaj Allianz House, Airport Road, Yerwada Pune- 411


To submit a claim, reach out to the customer experience team within 24 hours with the following documents:

  • Invoice copy of the bill of the gadget

  • A filled claim application form

  • In case of theft, an FIR copy

Customer Care Details

  • You can go to the Bajaj Markets website and navigate to the 'Help & Support section. After that, choose the product type and whether you are an existing customer or not. Besides, enter personal and contact details such as your name, email ID, etc. and click on 'Submit'.

  • Or else, send us an email at

  • Alternatively, you can call 020-66399444. Our representatives are available from Monday to Saturday, from 10 am to 6 pm).

  • If you are a prevailing customer, log in to the customer portal or download the Bajaj Markets mobile application from the Google Play Store or App Store. This way, you can access self-service options and can save time.

Fitness Wearable Insurance - FAQs

When can I apply for the insurance if I bought a wearable smart watch 10 days back?

You have 20 days to buy fitness wearable insurance. If you apply after this, you will not get coverage benefits.  

Can I file a claim if I lost my device on a trip 2 days back?

You need to claim within 24 hours if it is lost or damaged for prompt approval.

Will my insurance cover any damage caused due to smog?

Fitness wearables Insurance policy offers no cover against the pollution on your device.

How much coverage will I get for Fitness wearable insurance?

You need to pay Rs.249 to get coverage of Rs.20,000.

You need to pay Rs.249 to get coverage of Rs.20,000.

Yes, this policy covers every fitness wearable irrespective of the brand and features.

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