Handbag insurance provides you with peace of mind by offering financial protection for your valuable handbags and accessories. This straightforward coverage ensures that in the event of theft, loss, or damage, your cherished handbag is safeguarded, allowing you to enjoy your stylish accessories worry-free. With handbag insurance, you can go about your daily activities with confidence, knowing that your favourite fashion pieces are covered against unexpected mishaps. Get coverage of up to ₹40,000 with the CPP Handbag Assure plan! 

Features and Benefits of the Handbag Assure Plan

Here are some of the features and benefits of the Handbag Assure plan:

High coverage amount

Get a high sum assured amount of up to ₹40,000 that can help you cover expenses related to your lost or stolen handbag. Additionally, you’ll get complimentary coverage of up to ₹15,000 for luxury handbREAD MOREags.  READ LESS

Urgent travel expenses

 You will receive emergency financial backup for travelling and booking a hotel if your handbag is stolen and you don’t have access to your cards or cash.

Instant disabling of payment cards

The plan allows you to block your card within seconds. You just have to make a call to the customer care team. Additionally, the card-blocking facility is available 24x7. 

Hassle-free purchase

 You can conveniently apply for insurance for luxury bags online from the solace of your home and pay for it using any preferred online payment mode. 

Inclusions and Exclusions

Here are some of the inclusions and exclusions under the Handbag Assure plan: 



Loss or damage of insured handbag due to theft, losses, accidental damage or burglary

Damages caused by regular wear and tear 

PAN card replacement

Damages caused to handbags that have been used for more than 1 year 

Damages caused by strikes, fire, riots and other unforeseen incidents

Damages caused by negligent use

Disclaimer: Please be sure to refer to the policy document to get a clearer idea about policy details, inclusions, exclusions, and more. 

Plan Details and Specifications

Here are the plan details of the Handbag Assure plan:



Coverage limit 


Complimentary cover for luxury bags 


How to Make a Claim and Documents Required to Process the Claim

There are two ways by which you can contact your insurer to file a claim:

1. For Handbag-related Claim

  • By calling the toll-free number:

You can conveniently call 1800 266 7780. However, senior citizens must call on 1800 22 9966.

  • Via SMS:

You can also type ‘Claims’ and send it to 4616181

2. To Get Emergency Travel Support

To receive instant travel assistance, you can opt for any of the two ways mentioned below:

  • Dial toll-free number:

You can call on 1800 419 4000 to lodge a claim.

  • Send an email:

As per your convenience, you can also frame an email and send it to



Besides knowing the ways to lodge a claim, you should have an idea about the following documents that you need to submit to continue with the claim process of the Handbag Assure plan:

  • KYC papers

  • Travel safe membership letter

  • Bill of the article or copy of the invoice

  • Duly filled claim form

  • FIR (in case of theft or burglary)

Handbag Assure Plan Customer Care Details

To resolve any queries or grievances related to the Handbag Assure Plan's coverage, exclusion, inclusions or claims, you can conveniently state your concern and send it to insuranceconnect@bajajfinservmarkets.in.

Handbag Assure Plan Customer Care Details

To resolve any queries or grievances related to the Handbag Assure Plan's coverage, exclusion, inclusions or claims, you can conveniently state your concern and send it to  insuranceconnect@bajajfinservmarkets.in.

Frequently Asked Questions about Handbag Assure Plan

Can I renew the Handbag Assure Plan?

No, you cannot renew your Handbag Insurance Plan if you want to continue reaping the benefits of the plan. In this regard, you have to repurchase the plan after the expiry date.

Will I get coverage for my handbag that I have used for 3 years?

No, the Handbag Assure plan only covers handbags that are less than a year old. 

How much membership fee will be charged under the Handbag Assure plan?

You have to pay a nominal membership fee of ₹199 for a coverage amount of ₹40,000.

Can I make the membership fee payment through a mobile wallet?

Yes, you can easily initiate the membership fee payment through your mobile wallet. In addition to this, you can opt for other online payment modes like credit cards, debit cards, UPI etc.

What is ‘Intrinsic Value’ in handbag insurance?

Intrinsic value is the handbag's net worth that results after subtracting the depreciation value of the bag. Regular wear and tear of the bag lead to the depreciation value.

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