Business Wire IndiaBajaj Finance Limited, the lending and investment arm of Bajaj Finserv, has announced three new products under its Pocket Insurance and Subscriptions category. These pocket-friendly plans cover valuables such as spectacles, wristwatches, and handbags against accidental damage, theft or losses due to a variety of reasons. The high coverage and pocket-friendly premiums make the offerings worth signing up for. Here are the three new products you should know about: Eyewear Assure Customers can insure their expensive glasses, frames, and lenses against accidental damage and loss, as well as loss/damage occurring due to fire, strike and theft with Eyewear Assure. The plan also covers sunglasses. The Eyewear Assure plan offers:
- Coverage of up to Rs. 40,000 at an annual premium of Rs.799
- Complimentary spectacle insurance, up to Rs. 15,000
- Instant card blocking services for lost debit/credit cards
- Emergency travel assistance of up to Rs. 20,000/Rs. 40,000 if stranded in India/abroad
Watch Secure The Watch Secure plan offers you coverage in case your wristwatch/smartwatch suffers loss or accidental damage due to fire, explosion/ implosion or natural/manmade disasters. The Watch Secure plan offers:
- Coverage of up to Rs. 40,000 at an annual premium of Rs.449
- Complimentary watch insurance, up to Rs. 15,000
- Credit/debit card blocking services in case of loss
- Emergency travel assistance of up to Rs. 20,000/40,000 if stranded in India/abroad
Handbag Assure If you are someone who likes to buy premium handbags, you can insure your investment in the accessory by opting for a Handbag Assure plan. The plan offers coverage in case your priced possession suffers damage or loss due to a variety of incidents including fire, theft, natural or manmade disasters, and more.
The Handbag Assure Plan offers:
- Coverage of up to Rs. 40,000 at an annual premium of Rs.199
- Complimentary Handbag Insurance cover, up to Rs. 15,000
- Instant card blocking services for lost debit/credit cards
- Emergency travel assistance of up to Rs. 20,000/40,000 if stranded in India/abroad
To insure the above accessories, customers can apply online and pay the premium via net banking, UPI, mobile wallets or debit/credit cards. The Pocket Insurance & Subscriptions now includes over 80 products catering to specific needs of the customers. These affordable plans are designed to insure your routine activities and belongings against a variety of risks and hazards.
Source: Businesswire