Mobile Protect Plan for Redmi phones

Mobile Protect Plan for Redmi phones

Know the benefits of purchasing a mobile protection plan for your Redmi phone.

3 mins
21 Mar 2023

The impressive design and features make Redmi mobile phones a popular choice in the Indian market. The brand offers a wide range of devices and each one has its own specifications and uniqueness. These factors make it one of the leading brands in the country today. Any damage to these phones can result in a significant hole in your pocket, as the repair/replacement cost can be very high.
Therefore, to save yourself from such unforeseen expenses, it is important that you have a mobile insurance plan for your smartphones. The mobile protection plans, offered through Bajaj Finance provide coverage against damages to your Redmi phone. Apart from this, several other features as mentioned under the policy guidelines.

Two variants of CPP Mobile Protection plan

Given below are the different variants of MI screen protect plan by CPP:

CPP Mobile Protect plan

It offers coverage of the cost for device replacement. This device replacement is applicable for up to 100% of the base invoice price. This is before applying any discount or coupons. The plan is available for phones, tablets, and laptops.

CPP Fonesafe Lite

It offers coverage against any screen damage. This protection is applicable for up to two cases of screen damage.

Easy online application

To apply for a CPP Mobile Protect plan, you simply need to fill up the online application form. After that, pay the premium via UPI, debit/credit card, net banking, or mobile wallet to complete the process.

Here is a quick look at the membership fees of the mobile protection plan.

Device Price Range (in Rs.)

CPP Mobile Protect with complimentary mobile device insurance (in Rs.)

CPP Fonesafe Lite with complimentary mobile 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

 

Buy Now

Buy Now


Features and benefits of Redmi mobile protection plans

Below are the key features and benefits of MI insurance offered by CPP:

F-Secure device security

With CPP Mobile Protect and CPP Fonesafe Lite, you can avail a host of security features by installing the F-Secure SAFE Mobile App. Given below are a few of its benefits:

● Antivirus and anti-malware protection
● Theft coverage plan in case your mobile phone is stolen
● Remote lock and remote data wipe
● Fraudulent website protection
● SIM card lock - locks phone if SIM card is removed
● Remotely locate the phone using GPS
● Scream alarm - set off an alarm in case of a misplaced phone
● Auto-scan of downloaded apps
● SIM card change - send SMS and location to a trusted number
● SIM blocking, IMEI registration

ZEE5 all-access annual subscription

● It supports 12 Indian languages
● 90+ live TV channels, TV shows, 80+ original shows, 25+ blockbuster digital premiers, 3000+ movies
● One annual subscription is valid for 5 devices
● 1 lakh+ hours of content

Gaana Plus subscription

● 30 million songs
● Advertisement free music experience
● Song downloads
● Offline playback
● Regional languages

Single number assistance

You can call CPP's customer care at 1860-258-3030 (Monday - Sunday, 11 am to 9 pm) for assistance related to your mobile protection benefits.

Temporary smartphone replacement service

If you lose your mobile phone, CPP delivers a temporary smartphone to your doorstep. This is valid in selected cities across India (up to a maximum period of 7 days). You can call our call centre and place a request.

Deductibles applicable

Based on the price of the mobile device, there is a standard deductible for each claim. The service provider will update you or state the same in the membership document, in case of any exception. Below are the details of the deductibles:

Handset value (in Rs.)

CPP Mobile Protect (in Rs., with complimentary mobile device insurance)

CPP Fonesafe Lite (in Rs., with complimentary mobile screen insurance)

6,000 - 11,999

750

500

12,000 - 19,999

1,000

500

20,000 - 29,999

1,250

500

30,000 - 39,999

1,500

1,000

40,000 - 49,999

2,000

1,000

50,000 - 69,999

3,000

1,000

More than 70,000

3,500

1,000


Depreciation

Depending on the usage duration of the phone, the claim will be processed on the depreciated value of the device. The table below illustrates the same:

Phone age

Depreciation %

0 – 3 months

15

3 – 6 months

25

6 – 12 months

35/50


List of popular MI models covered

Given below is the list of Redmi mobile phone models under this plan:

Redmi Note 11 Pro Plus 5G

Redmi 9

Xiaomi MI 10

Xiaomi Mi 10T Pro

Redmi 9A

MI 10T Pro

Xiaomi Poco F2 Pro

Xiaomi 11T Pro 5G

Xiaomi MI 10 Pro

MI 11X Pro 5G

Xiaomi MI Note 10

MI Mix 2

Xiaomi Black Shark 3

MI 10T

Xiaomi Redmi Note 9

Redmi K20 Pro

Xiaomi Mi 9

Xiaomi 11i

Xiaomi Redmi Note 9S

Xiaomi Poco X3 NFC

Redmi Note 11

Xiaomi 11i 5G

 

 

Disclaimer:

Insurance is the subject matter of solicitation. Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, SBI General Insurance Company Limited, ACKO General Insurance Limited, Niva Bupa Health Insurance Company Limited , Aditya Birla Health Insurance Company Limited and ManipalCigna Health Insurance Company Limited under the IRDAI composite CA registration number CA0101. Please note that, BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. Please refer insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. Tax benefits applicable if any, will be as per the prevailing tax laws. Tax laws are subject to change. Visitors are hereby informed that their information submitted on the website may be shared with insurers. BFL is also a distributor of other third party products from Assistance Services providers such as CPP Assistance Services Pvt Ltd, etc. All product information such as premium, benefits, exclusions, sum insured, value added services, etc. are authentic and solely based on the information received from the respective insurance company or the respective value added service provider or Assistance company.
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.