What is CPP Wallet Care Plus Insurance?
Losing your wallet can be stressful; it may contain your ID proof, debit and credit cards and necessary documents, exposing you to various threats apart from the obvious monetary loss. But with the right plan available handy, you need not worry! Check out CPP Wallet Care Plus, a unique Pocket Insurance plan available for you, that too at just Rs.699/year. This is a specially curated insurance policy that gives you financial coverage with unlimited entertainment and a host of other benefits. Read on to find out more!
Key Features of Wallet Care Insurance
Here’s what makes this wallet insurance plan a must have:
How to Apply for the CPP Wallet Care Plus Insurance?
The application process for this wallet insurance plan is straightforward and hassle-free. All you have to do is follow a few simple steps to get covered:
That’s it! You will receive the membership details and welcome pack on your registered email ID.
Eligibility Criteria
To opt for the CPP Wallet Care Plus Insurance, you need to meet the basic eligibility parameters listed below:
You must be an Indian resident
Applicant’s age should be 18 years and above
What's Covered?
Here are some of the inclusions under the Wallet Care plan:
SIM card blocking service
Now prevent any fraudulent use on losing your phone. If your IMEI number is registered, you can block your SIM card instantly.
Protection from hackers with F-Secure Internet Security
Wallet insurance coverage gives you access to F-Secure Internet Security, an antivirus that protects your laptop/PC against hackers and malware. Additionally, get an exclusive additional parental control feature that ensures a safe surfing environment for children.
Credit/debit card fraud protection
This pocket insurance policy also features complimentary fraud protections that extend financial coverage of up to Rs. 2 Lakhs against various debit and credit card fraud. It includes phishing, tele-phishing, and pin-related scams.
Additionally, this plan provides coverage of up to Rs. 1 Lakh against all card-related frauds, irrespective of whether it is present or not.
Emergency travel assistance
Under this wallet insurance plan, you get an emergency advance cash, allowing you to pay hotel bills and arrange travel tickets in case of an emergency. Manage accommodation within the country and abroad with advance cash of up to Rs. 1 Lakh.
What’s more?
- Get up to Rs. 50,000 to manage travel tickets
- Get an emergency cash advance of up to Rs. 10,000 if you face any such mishaps within India
Note: Any emergency advance cash is payable back within 28 days without bearing any additional interest.
Policy Plan Details & Specifications
Following are the pointers that specify the wallet care plan details:
Coverage limit
Coverage of up to Rs. 2 Lakh at just Rs.699/annum
Validity
One year
What’s not Covered?
Let’s also understand some of the exclusions of the Wallet Insurance policy:
Loss of essentials under intoxication
One can’t claim any amount if the items are lost or stolen while you are intoxicated or under the influence of toxins, alcohol, drugs, etc.
Deliberate losses
There’s no coverage available if the losses occur due to forgery or fraudulent acts relating to the payment card with an intention to deceive the card issuer.
How to Make a Claim
You can make a claim in the following ways:
Call
Call on 1800-419-4000 within 24 hours of losing your wallet because of any reasons covered under the wallet insurance plan. You can also call on 6000-4000 (add STD code).
Email
You may also email the team at feedback@cppindia.com by mentioning the policy number and other details.
Customer Care Details
You can connect with us at Bajaj MARKETS. Just write to us at: insuranceconnect@bajajfinservmarkets.in
Frequently Asked Questions About CPP Wallet Care Plus Insurance
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✔️What is the time limit of any claim submission?
All claims should be addressed within 30 days of the card loss along with essential documents such as bank account/credit card statement, FIR copy, subrogation bond, etc.
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✔️Why should the card details need to be registered?
Registering your card along with the documents will ensure prompt assistance in urgent situations.
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✔️Is insurance required for credit cards?
Since credit cards help to manage high-end purchases, it must be secured. Although any payment card is secured with a PIN for any transaction, there are always chances of theft, loss or fraudulent activities. Therefore, purchasing a CPP wallet care plus plan will allow individuals to secure their card against financial losses and help to block cards instantly and without hassle.
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✔️Can membership be cancelled anytime?
Yes, the membership can be cancelled any time as per the individual's wish. You can call 24-hour helpline for assistance or can email us. In case you go for cancellation within 30 days from the date of membership, you will receive a full refund of your payment. However, note that it is only applicable if you have not made any claim till then.
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✔️How to cancel the membership of a CPP Wallet Care Plus plan?
Customers can cancel their CPP wallet care plus membership and get a refund of the membership fee of Rs. 699 in the first month after purchase. However, after a month, you can cancel the membership anytime, but your refund won’t be available.
