We are living in the times of digital ubiquity, where gadgets are a part of all phases of our daily lives. Technology has added an element of convenience to our lives, which is why most of our gadgets are indispensable and also expensive. Due to our increased reliance on these gadgets and their higher costs, it is best to get covered against risks of financial losses.
Small Gadgets Insurance Cover by Bajaj MARKETS is a good way to insure gadgets and get protected from any accidental losses and damages.
Now, let’s understand more about the key features of this special gadget insurance policy.
The following features are available on this insurance policy:
Further, policyholders should know how to apply for this gadget cover insurance policy.
Following these simple steps, you can easily apply for the Small Gadgets Insurance cover:
Once you’ve made the payment, you’ll receive all membership details regarding your electronic gadget insurance on your registered account details.
Here’s all that’s covered under gadget cover:
If your small gadget stops working suddenly or you notice technical faults, you can claim for its expenses. However, these repairs or replacements fall under this plan’s coverage only if the gadget was with you during the damage.
While the gadget was under your possession and any accidental damage happened to it, this insurance plan will cover its expenses. Moreover, in case you have to opt for replacement, this gadget insurance policy will offer coverage for the same.
This insurance policy will take care of it in case of loss or damage due to fire or natural disaster. In addition, damage or loss due to riots and strikes are also inclusive under policy coverage.
This insurance policy additionally offers coverage for damages or losses due to theft or burglary. However, the gadget needs to be in your possession during the occurrence of the event.
Note: The coverage amount depends on the invoice amount and maximum coverage limit.
This table below mentions all details and specifications about the Small Gadgets Insurance cover:
Maximum Coverage Limit
Note: After 1 year, policyholders have to repurchase this insurance policy from Bajaj MARKETS to continue enjoying its benefits.
Apart from this, policyholders should be aware of deductibles on this policy and what's excluded in this plan.
These following things do not fall under the coverage of this pocket insurance plan:
You have to apply for this insurance policy within 30 days of purchasing your small gadget, as per the date mentioned in the invoice. Failing to do so, any damage or loss that happens to your gadget will not fall under this policy's coverage.
Any loss or damage due to pollution or ecological contamination is not inclusive of coverage. Expenditure on these repairs or replacements would need to be borne by you.
If your gadget gets damaged or you lose it under the influence of any terrorist activity, this policy will not offer coverage for it.
Next, all details about the documents required and the process to raise a claim are mentioned further.
Policyholders can raise a claim through any of these mentioned ways:
You can speak directly with the representatives by calling on this toll-free number 1800 209 5858
You can send an email at email@example.com to raise a claim
Policyholders can also choose to visit the official customer service website online to raise their claims easily.
You can also get in touch by sending a mail at Bajaj Allianz General Insurance Co. Ltd. –Bajaj Allianz House, Airport Road, Yerwada, Pune – 411006
These following documents are essential for raising a claim:
A copy of the purchase bill or invoice
The duly filled claim form
An FIR copy in case of theft or burglary
In case you require further assistance, you can also get in touch with Small Gadgets Insurance customer care.
By visiting Bajaj MARKETS’ official customer care portal, you can get further assistance for your queries and grievances. If you are using it for the first time, click on the 'Logging in for the first time?' button; else click on 'Login'.
Having gadget insurance coverage is a prerequisite, considering how essential gadgets are to us today. Policyholders can earn benefits and year-round protection for their essential small gadgets by paying the minimal membership fee.
It would be best if you bought this plan to get expense coverage for your high-tech gadgets repairs and replacements.
The premium membership fee is Rs. 399 per annum.
Yes, all losses and damages due to natural calamities fall under this plan's coverage.
This plan's maximum coverage amount is Rs. 10,000.
Bajaj Allianz General Insurance is the coverage provider for this small gadget insurance plan.