A handbag is one of the most prized possessions one can have, especially if it is a branded/designed handbag. However, purchasing a handbag is seen as an investment rather than an expense and like all good investments, it must be protected. With Handbag Assure Plan from Card Protection Plan (CPP), you can safeguard your handbag against accidental loss, damage, theft, and a range of other unforeseen incidents.
Here are the details of this plan.
The Handbag Assure Plan offers a high coverage of up to Rs. 40,000 at a nominal membership fee of Rs. 199. The coverage also includes a complimentary Handbag Protection Cover up to Rs. 15,000.
You can apply for the Handbag Assure Plan from the comfort of your home by filling an online application form. You can choose to pay for the membership through mobile wallet, credit/debit card, net banking, or UPI.
If you ever get stranded without cash or cards while you are travelling, you can avail of emergency financial assistance for travelling and hotel booking with this plan.
This plan enables you to block all your lost cards instantly by making a single phone call.
You get assistance to apply for a new PAN card in case of loss or theft with Handbag Assure Plan.
Here’s what’s covered in this plan.
The Handbag Assure Plan offers comprehensive coverage against damage or loss of your handbag, including loss due to theft, burglary or accidental damage.
Under Pocket Insurance & Subscriptions by Bajaj Finserv, the Handbag Assure Plan covers you against the financial losses in case the covered handbag is damaged due to fire, riot, strike, or any other fortuitous cause.
Here’s what’s not covered in this plan.
The Handbag Assure Plan is applicable for handbags not older than 365 days as per the invoice date.
Any damage caused to your handbag as a result of normal wear and tear are not covered under this plan.
Any damage or loss caused to the covered item as a result of mishandling or carelessness on the user’s part is not covered under the Handbag Assure Plan.
You can purchase the Handbag Plan via an easy online process. Here is the step-by-step process to complete the purchase.
• Click on ‘Apply Now’ button on the top left corner of the page. Fill in basic details such as name, mobile number, invoice number, and invoice value
• Authenticate the application by entering the OTP received on your registered mobile number
Complete the purchase by paying the membership fee through mobile wallet, credit/debit card or any other preferred payment option available.
In case of loss or damage to your handbag, you can raise a claim. You need to inform the issuer within 24 hours of the incident. While raising a claim, you also need to provide the evidence for the need of emergency assistance.
You can lodge a claim by contacting the issuer through one of the following ways:
To avail emergency travel assistance
• Call on 1800-419-4000 (toll-free number)
• Write an email to email@example.com
For handbag related claims:
• Call on 18002667780 or 1800-22-9966 (only for senior citizen plan holders)
• SMS ‘Claims’ to 5616181
In case of any queries or concerns related to the Key Safeguard Plan, please reach out to us by writing an email to 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.”