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.
The Washing Machine Insurance cover provides coverage of up to Rs. 35,000 for a premium of only Rs. 199 per annum.
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.
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.
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.
Repair or replacement on account of accidental damage to your washing machine is covered under the Washing Machine Insurance plan.
Washing Machines older than 1 year as counted from the invoice/bill date are not covered under this policy.
Any loss or damage to your washing machine on account of pre-existing conditions will not be covered by this policy.
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:
Claims related to the Washing Machine insurance plan can be made through any of the following 3 modes:
In each case kindly provide the relevant documents including your policy number.
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.
The Washing Machine Insurance plan provides a cover of up to Rs. 35,000.
You have to pay a premium of Rs. 199 per annum for the Washing Machine Insurance plan.
Yes, in case you make a claim, you will be charged 10% of the claim amount as policy excess.
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.