Overview

Washing Machines have become a necessity of modern life. We depend on them to smoothly run our households. Good washing machines don't come cheap. Which is why it is prudent that you insure them against instances of loss, damage, or theft. Finserv MARKETS hence, presents Tata AIG’s Washing Machine Insurance plan that covers your financial costs in case of any unforeseen damages to or theft of your washing machine.

Features & Benefits

  • High Coverage Amount Relative to Premium

    The Washing Machine Insurance cover provides coverage of up to Rs. 35,000 for a premium of only Rs. 199 per annum.

  • Comprehensive Coverage

    The Washing Machine Insurance covers a wide range of issues ranging from repairs to cases of a total loss to your washing machine, subject to the maximum sum insured under the policy.

What is Covered?

  • Incidents of Theft/Burglary

    In case your Washing Machine gets stolen the Washing Machine insurance plan covers your financial loss up to the maximum sum assured under the plan.

  • Standard Fire Cover

    In the unfortunate event of your washing machine getting damaged on account of a fire, the cost of repair and replacement will be covered by the Washing Machine Insurance plan subject to the maximum sum assured under the plan.

  • Accidental Damage

    Repair or replacement on account of accidental damage to your washing machine is covered under the Washing Machine Insurance plan.

What is Not Covered?

  • Washing Machines Older Than 1 Year

    Washing Machines older than 1 year as counted from the invoice/bill date are not covered under this policy.

  • Pre-existing Conditions

    Any loss or damage to your washing machine on account of pre-existing conditions will not be covered by this policy.

How to Apply for Washing Machine Insurance?

Applying for a Washing Machine Insurance is fairly simple. You could avail the insurance instantly over a few clicks by following the below mentioned steps:

  • Visit Finserv MARKETS

    Visit our website and go to the Pocket Insurance and VAS products page

  • Select Product

    Select Washing Machine Insurance and click on Buy Now

  • Fill Details

    Fill out the full details required in the online application form

  • Make your payment

    Once the application is complete, make the premium payment and you’re good to go now

 

Claim Process

 

Claims related to the Washing Machine insurance plan can be made through any of the following 3 modes:

  • Call on the 24-hour toll-free helpline 1800-266-7780 or 1800=22-9966 (senior citizens only)
  • E-mail to customersupport@tataaig.com
  • SMS ‘CLAIMS’ to 5616181

In each case kindly provide the relevant documents including your policy number.

 

Manage your queries related to Washing Machine Insurance here

  • ✔️What documents are required for making a claim?

    Duly signed claim form, an incident report by the customer, a copy of FIR in case of theft or copy of the report from fire brigade in case of fire, original bill/invoice, repair bills (in case of partial damage). Certain other documents may also be required in special cases.

  • ✔️What is the amount of cover provided under the plan?

    The Washing Machine Insurance plan provides a cover of up to Rs. 35,000.

  • ✔️How much premium do I have to pay?

    You have to pay a premium of Rs. 199 per annum for the Washing Machine Insurance plan. 

  • ✔️Is there any Policy Excess on the claim amount?

    Yes, in case you make a claim, you will be charged 10% of the claim amount as policy excess.

  • ✔️Are there any other exclusions not covered under the policy?

    Yes. Damage due to deliberate misuse, electrical or mechanical failure not arising out of an accident, or gradual wear and tear are not covered unless specified. For a complete list of exclusions please read the policy document.