Secure your iPad from damages due to sudden accidents and falls. Bajaj Finance offers mobile protection plans that provide financial assistance whenever your iPad gets broken or damaged.
Types of mobile protection plan
CPP Mobile Protect plan
The CPP Mobile Protect plan is for those who need protection for their entire iPad including the screen, body, camera, battery, and other parts.
CPP Fonesafe Lite
You can opt for the CPP Fonesafe Lite plan if you need the cover only for the display of your iPad.
Features and benefits of iPad protection plan:
The below table shows the main features and benefits of iPad insurance:
Features and benefits |
CPP Mobile Protect plan |
CPP Fonesafe Lite plan |
Main feature |
Complimentary device cover |
Complimentary screen cover |
What does it cover? |
Damage to the handset, screen, or any other part due to accident, collision, or other reasons |
Damage to the screen due to accident, collision, or other reasons |
Are damages due to liquids covered? |
Coverage for damages caused to the phone due to liquid such as water |
No coverage for damages caused to the screen due to liquids |
Are damages due to electrical or mechanical reasons covered? |
No |
Yes, the phone must be in your possession at the time of damage |
Are damages due to pollution covered? |
Not covered |
Not covered |
Maximum coverage amount |
Up to the value of the handset |
Up to the 50% value of the handset |
Number of claims permitted every year |
2 claims |
2 claims |
F-secure protection from malware and viruses |
Yes (valid up to 1 year) |
Yes (valid up to 1 year) |
Yes (add-on benefit with a validity of 1 year) |
Yes (add-on benefit with a validity of 1 year) |
|
Zee5 complete access |
Yes (add-on benefit with a validity of 1 year) |
Yes (add-on benefit with a validity of 1 year) |
The premium you need to pay to subscribe to any of these plans will depend on the value of your tablet. The below table shows the premium applicable to each of the plans as per the price range of the tablet:
Device Price Range (in Rs.) |
CPP Mobile Protect with complimentary device insurance (in Rs.) |
CPP Fonesafe Lite with complimentary screen insurance (in Rs.) |
6,000 – 9,999 |
1,212 |
649 |
10,000 – 11,999 |
1,612 |
899 |
12,000 – 14,999 |
2,137 |
1,099 |
15,000 – 19,999 |
2,137 |
1,099 |
20,000 – 24,999 |
2,787 |
1,499 |
25,000 – 29,999 |
2,787 |
1,499 |
30,000 – 34,999 |
3,812 |
1,999 |
35,000 – 39,999 |
3,812 |
1,999 |
40,000 - 49,999 |
4,912 |
2,599 |
50,000 - 59,999 |
5,612 |
2,999 |
60,000 - 69,999 |
5,612 |
2,999 |
70,000 - 99,999 |
6,212 |
3,599 |
More than 1 lakh |
6,212 |
3,599 |
- |
Deductibles and depreciation
Any loss of value that applies to a device getting old or used is called depreciation. The calculation for depreciation value is as a percentage of the original price of the device. In case you have to replace your iPad completely, the service provider will consider the depreciation value while disbursing the coverage amount.
You can check the depreciation percentage that applies to your iPad in the table given below:
Age of iPad |
Depreciation % |
0 – 3 months |
15 |
3 – 6 months |
25 |
6 – 12 months |
50 |
Note: Depreciation is not a considerable factor while replacing any part of your phone due to damage or accidents. Therefore, depreciation will not apply to the repair work done to make your phone functional again.
A deductible is a charge that you will need to pay as the fee for getting the repair works completed. It is usually a set percentage of your claim value. No deductibles are applicable when replacing an entire.
The following table will help you to understand how the calculation for deductible based on your iPad price and the CPP plan chosen by you:
Value of the iPad |
CPP Mobile Protect |
CPP Fonesafe Lite |
20000 – 29,999 |
5% of claim value (minimum of Rs. 1,000) |
500 |
30,000 – 49,999 |
5% of claim value (minimum of Rs. 1,000) |
1,000 |
50,000 - 69,999 |
5% of claim value (minimum of Rs. 1,500) |
1,000 |
Greater than 70,000 |
5% of claim value (minimum of Rs. 1,500) |
1,000 |
Top iPad models that are covered by the mobile protection plans
These mobile protection plans from Bajaj Finance include protection for devices like laptops, iPad, tablets, and major smartphone brands.
Though the plan covers all the iPad models under these mobile protection plans, we have mentioned some of the popular names below for your reference:
Apple iPad 10.2 |
Apple iPad Air |
Apple iPad Pro 11 |
Apple iPad Pro 12.9 |
Apple iPad Mini |
Apple iPad Pro 10.5 |
Apple iPad 6 |
Apple iPad 9.7 |
Apple iPad Mini 2 |
Apple iPad Mini 4 |
Apple iPad Mini 3 |
Apple iPad 4 |
You can also check mobile protection plans for iPhone.
