What is CPP Wallet Care?
The CPP Wallet Care Plus is a unique pocket Insurance plan that offers applicants financial coverage in case they misplace their wallet or it gets stolen. This pocket insurance policy is available at only Rs. 699 each year. This is a specialised insurance policy that offers you financial coverage, unlimited entertainment, and a plethora of advantages.
What is Card Protection Plan?
A Card Protection Plan (CPP) is an extensive service that provides an insurance plan for avoiding the loss caused by the theft of a card. This unique policy covers not only debit or credit card fraud but also identity cards like PAN cards, Aadhaar cards, etc. You need to submit an annual subscription charge to get additional benefits like PAN card replacement, emergency travel assistance, SIM blocking, and more.
Key Features of Wallet Care
Here’s what makes this wallet insurance plan a must have:
How to Apply for the CPP Wallet Care?
The application process for this wallet care plan is straightforward and hassle-free. All you have to do is follow a few simple steps to get covered:
Eligibility Criteria
To buy the Card Protection Plan, you must fulfil the following mentioned eligibility criteria:
Applicants have to be an Indian citizen
Age of the applicant must be at least 18 years or more
What's Covered?
Here are some of the inclusions under the CPP Wallet Care plan:
SIM card blocking service
You can prevent any deceitful use after losing your phone by immediately blocking your SIM card registered with your IMEI number.
Protection from hackers with F-Secure Internet Security
Wallet care cover enables you to access the F-Secure Internet Security that protects your laptop or PC from malware or hackers.
Complimentary fraud protection
This pocket insurance policy provides financial coverage of complimentary fraud protection of up to Rs. 1 Lakh against debit and credit card fraud.
Emergency travel assistance
You will get emergency advance cash to clear hotel bills and gather travel tickets during an emergency. The plan offers advance cash coverage of up to Rs. 1 Lakh.
Policy Plan Details & Specifications
Coverage limit: Up to Rs. 2 Lakhs at a premium of Rs. 699 per annum
Validity: 1 Year
What’s not Covered?
Let’s also understand some of the exclusions of the CPP Wallet Care policy:
Intentional losses
If you incur losses intentionally by fraudulent acts to deceive the card issuer, there will be no financial coverage for it.
Losses under intoxication
You will not get financial coverage if you lose your wallet in a state of intoxication or under the influence of drugs/alcohol.
How to Make a Claim
You can make a claim in the following ways:
Call
You can directly call on 1800-419-4000 within 24 hours after you lose your wallet. In addition, you can call on 6000-4000 after adding your STD code.
Email
You can directly send an email to the team sharing your policy details at feedback@cppindia.com.
Customer Care Details
You may communicate with us at Bajaj Markets. Just share your issues at: insuranceconnect@bajajfinservmarkets.in
Frequently Asked Questions
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✔️Why is a Card Protection Plan required?
Credit cards must be secured as they are used in a large number of transactions. Even though you have to enter a secured PIN before making a transaction, there is always a chance of loss, theft, or deceitful actions. As a result, opting for a CPP Wallet Care Plan along with the card protection plan will help people to secure their cards and block them immediately in case of any problem.
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✔️Can membership be called off at any time?
Yes, you can call off the membership at any time according to your wish. There is a 24-hour helpline number at which you can call for assistance. In addition, if you want, you can directly send an email to the team.
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✔️What will happen after the cancellation of membership?
If your membership is cancelled within 30 days from the plan start date, the entire amount will be refunded to your account.
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✔️How can you make a claim?
You can lodge a claim by contacting the 24x7 helpline number and by submitting the following mentioned documents:
Subrogation bond
Copy of FIR
Bank account or credit card statement
