Bajaj Allianz General Insurance - Mumbai Local Train Insurance at Rs. 416
Product highlights
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
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Coverage up to Rs. 1 lakh, premium Rs. 416
Get up to sum insured in case of an accident on the Mumbai local train during your travel.
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Death cover
The nominee will receive the sum insured of Rs. 1 lakh in case of the insured’s demise. This is only if the accident takes place on the Mumbai local train.
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Loss of income cover
The insured will get Rs. 2,000 per week in case of job loss due to disability caused by an accident that occurs on the Mumbai local train.
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End-to-end online process
With our 100% digital and paperless process, buy the plan online hassle-free in just a few steps.
Eligibility criteria and documents required
You need to fulfil the following criteria to buy the Mumbai Local Train 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
- Age: 18 - 70 years
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
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Step 1
Click on the ‘Buy Now’ button on this page.
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Step 2
Enter your full name as on your PAN card and mobile number and press the ‘Proceed’ button.
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Step 3
Enter the One Time Password (OTP) received on your registered mobile number for verification.
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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.
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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.
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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.
Policy details
Here’s a quick look at the policy details of the Mumbai Local Train Insurance:
| Policy details | Description |
|---|---|
| Sum Insured for accidental death (in Rs.) | 1 lakh |
| Premium including GST (in Rs.) | 416 |
| Policy tenure | 1 year |
Key inclusions and exclusions
Here’s a quick look at the key inclusions and exclusions of the Mumbai Local Train Insurance:
- Key inclusions
- Key exclusions
| Key inclusions | Description |
|---|---|
| Accidental death | Get the sum insured of Rs. 1 lakh in case of accidental death. This is only in case of an accident on a Mumbai local train |
| Loss of income of due to disability | Payout of Rs. 2,000 per week during policy term. This is in case of disability caused by injuries while travelling on the Mumbai local train |
| Key exclusions | Description |
|---|---|
| Self-harm | Self-inflicted injuries, suicide, and attempted suicide for any reason |
| Intoxicated state | Accident resulting under the influence of liquor, drugs or other intoxicants |
Product information
For complete details on product benefits, features, terms and exclusions, please read product sales brochure and policy wordings carefully before concluding a sale.
How to claim
You can contact the insurer (Bajaj Allianz General Insurance) to claim the benefits of the Mumbai Local Train Insurance by email or phone:
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Insurer’s email address
Write to the insurer at bagichelp@bajajallianz.co.in and share your policy document
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Insurer’s toll-free number
You can also call on the toll-free helpline number 1800-209-5858 and claim the benefits
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Documents required to claim
To claim the benefits of the Mumbai Local Train Insurance, you need to present the following documents:
1. The policy document received at the time of purchase
2. Medical certificates and reports received from the doctor
3. Invoice/bills -
Contact Bajaj Finance Ltd.
In case you have any queries related to coverage, exclusions, or product policy, please write to us at wecare@bajajfinserv.in
Frequently asked questions
Mumbai Local Train Insurance is a product from Bajaj Allianz General Insurance offered through Bajaj Finance. It provides financial support in case of accidental death or disability from injuries sustained while travelling on Mumbai local train due to an accident.
The Mumbai Local Train Insurance provides you and your family with the financial support to cope with an event where an accident on the Mumbai local train results in your death or disability.
The Mumbai Local Train Insurance is available for an annual premium of Rs. 416 for an Rs. 1 lakh death cover. Also, get Rs. 2,000 per week payout in case of disability over the term of the policy.
You can contact the insurer by writing to them via email at customercare@bajajallianz.co.in or calling on the toll-free number 1800-209-1021.
Individual between the ages of 18 and 70 are eligible to purchase the Mumbai Local Train Insurance policy, if they are existing Bajaj Finance customer.
