ATMs are convenient during times when you need to withdraw cash quickly. While it is important to be alert and careful when withdrawing money from the ATM, it is also necessary to stay secured. Any risks such robbery or assault at the ATM booth may lead to financial losses.
With ATM Safeguard Plan from CPP Group India, you can get coverage against financial losses in the event of robberies while you are withdrawing money from an ATM.
ATM Safeguard Plan offers coverage up to Rs. 50, 000 at nominal membership fees starting from Rs. 749. Make the payment from any of your preferred online payment modes.
Here’s what’s covered under this plan:
The plan allows you to block all your debit/credit cards with a single phone call. This facility could be beneficial if you ever lose your wallet containing all your payment cards.
You can avail of a detailed analysis of your current credit score with credit health report benefit.
You can reach out to qualified doctors for unlimited consultations. You can also get clinical advice via mobile app or phone.
The plan offers several additional features including emergency financial assistance if you are stranded, while on a trip. You can avail of advance money of up to Rs. 20,000 in India and up to Rs. 40,000 abroad.
Get reimbursed for the money you withdraw from any ATM around the world using your ATM card, in the event of a robbery occurring within 15 minutes of withdrawing the money.
The plan offers reimbursement for any expenses incurred on emergency first-aid for bodily injury suffered during a robbery.
Note: To know more about the detailed terms and conditions on these inclusions, please click here.
Here are some of the exclusions under the plan:
The plan does not cover the liabilities of, or damages caused to any third party.
Damages or losses related to anything other than the money you withdrew from your account are not covered under the plan.
Damages or liabilities that happened before or after the policy term are not covered under the ATM Safeguard Plan.
Any expense incurred on the emergency first aid for any other person other than the insured person is not covered under the plan.
Note: To know more about the terms and conditions on coverages and exclusions, please click here.
Here are the steps to apply for the plan:
To raise a claim, you can reach out to the insurer within 24 hours of the incident through one of the following ways:
To avail emergency travel assistance
• Call on 1800-419-4000 (toll-free number), or
• Write an email to email@example.com
For ATM assault/robbery related claims
• Call on 18002667780 or 1800-22-9966 (only for senior citizen plan holders), or
• SMS ‘Claims’ to 5616181
Here are the documents required for raising a claim:
For queries related to the policy, please write to us on email at firstname.lastname@example.org.
Disclaimer - Bajaj Finance Ltd. (BFL) is merely a distributor of above Products, owned by CPP Assistance Services Private Ltd. (CPP). Issuance of these products is at sole discretion of CPP. This product shall be governed by CPP product T&C’s and BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This is not an insurance product and CPP Assistance Services Private Ltd. is not an insurance company. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.”