Bajaj Allianz General Insurance

Bajaj Allianz General Insurance – Home Inverter Insurance at Rs. 697

Note: This policy is available only for existing Bajaj Finance Limited customers. By proceeding, you agree to the terms and conditions

Key features and benefits

  • Coverage up to Rs. 25,000, premium Rs. 697

    Coverage up to Rs. 25,000, premium Rs. 697

    Get up to sum insured for securing your home inverter against damage and loss.

  • Breakdown cover

    Breakdown cover

    The policy provides up to sum insured cover against any loss or damage from electrical or mechanical failure of your home inverter.

  • Cover against fire and special perils

    Cover against fire and special perils

    Get comprehensive coverage against perils such as accidental fire, strikes, natural disasters like floods, typhoons.

  • End-to-end online process

    End-to-end online process

    You can easily buy the policy online through our 100% digital and paperless process.

Eligibility criteria and documents required

You need to fulfil the following criteria to buy the Home Inverter Insurance. If you meet all the eligibility criteria, we will need a few details to complete your application process.

Eligibility criteria

  • Exclusively for Bajaj Finance customers
  • Nationality: Indian
  • Home inverter purchased within 30 days

Documents required

No documents are required to buy the policy.
You only need to provide the following details at the time of buying the policy:

  • Name
  • Address
  • Email address
  • Mobile number

Step-by-step guide to buy this policy

  • Step 1

    Step 1

    Click on the ‘Buy Now’ button on this page.

  • Step 2

    Step 2

    Enter your full name as on your PAN card and mobile number and press the ‘Proceed’ button.

  • Step 3

    Step 3

    Enter the One Time Password (OTP) received on your registered mobile number for verification.

  • Step 4

    Step 4

    If your mobile number is present in our records, your details on the form will be pre-filled. All you need to do is to check if the details are correct.

  • Step 5

    Step 5

    At this point, the payment page will open. Complete the online payment via one of the following options: UPI, net banking, credit/debit cards, and wallet.

  • Step 6

    Step 6

    After the payment is successful, you can download the policy receipt instantly.

    Download the plan document from ‘My Account’ after 5 to 7 working days from the purchase date.

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Policy details

Here’s a quick look at the policy details of Home Inverter Insurance:

Policy details Description
Sum insured (in Rs.) 25,000
Premium including GST (in Rs.) 697
Policy tenure 1 year

Key inclusions and exclusions

Here’s a quick look at the Home Inverter Insurance:

  • Key inclusions
  • Key exclusions
Key inclusions Description
Fire and special perils Cover against loss or damage from fire and special perils as specified in the policy document
Breakdown cover Cover against loss of home inverter due to mechanical or electrical failure
Accidental damage Cover against accidental damage to the home inverter while in owner’s custody
Key exclusions Description
Delay in application Home inverter not insured within a period of 30 days from purchase
Pollution Damage due to pollution and contamination
Deductible Subject to deductible as detailed in the policy document

How to claim

You can contact the insurer (Bajaj Allianz General Insurance) to claim the benefits of Home Inverter Insurance by email or phone:

  • Insurer’s email address

    Insurer’s email address

    Share your policy document and medical reports at

  • Insurer’s toll-free number

    Insurer’s toll-free number

    You can also call on the toll-free helpline number 1800-209-5858 and claim the benefits

  • Documents required to claim

    Documents required to claim

    To claim the benefits of the Home Inverter Insurance, you need to present the following documents:
    1. FIR in case of theft or burglary
    2. Invoice of your lost/damaged gadget
    3. Document supporting the loss like a photograph or evidence

  • Contact Bajaj Finance Ltd.

    Contact Bajaj Finance Ltd.

    In case you have any queries related to coverage, exclusions, or product policy, please write to us at

Frequently asked questions

What is Home Inverter Insurance?

Home Inverter Insurance from Bajaj Allianz General Insurance is offered through Bajaj Finance. It provides coverage in the event of any loss or damage to the policyholder’s home inverter.

What are the benefits of getting Home Inverter Insurance?

The Home Inverter Insurance plan provides financial support to policyholders should their home inverter be lost, damaged, or stolen.

How much does the premium cost for the Home Inverter Insurance?

The Home Inverter Insurance is available for an annual premium of Rs. 697 for a Rs. 25,000 sum insured.

What is the claim process to redeem the Home Inverter Insurance policy?

You can contact the insurer by writing to them via email at or calling on the toll-free number 1800-209-5858.

Does this plan have any deductibles?

The deductible for the first 5% of each claim amount is subject to a minimum of Rs. 1,000 for the sum insured up to Rs. 20,000, or Rs. 2,000 for the sum insured above Rs. 20,000 and up to Rs. 50,000.

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*Conditions apply. This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company Bajaj Allianz General Insurance Co. Ltd. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage with Bajaj Allianz General Insurance with the UIN: IRDAN113CP0004V01201819. Please refer insurer's website for Policy Wordings. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products.”

Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.