Bajaj Allianz General Insurance - Pen Insurance at Rs. 303
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. 10,000, premium Rs. 303
Get coverage up to Rs. 10,000 in case of any damage or loss caused to the pen.
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Situations covered
The policy offers coverage against damage caused due to fire, lightning, explosion, implosion, riots, strikes, animals, vehicles, and natural calamities.
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Cover against theft and burglary
Get coverage for any loss or damage caused to the pen due to theft, or burglary at your insured premises.
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End-to-end online process
You can easily buy the policy online through 100% digital and paperless process in just six steps.
Eligibility criteria and documents required
You need to fulfil the following criteria to buy the Pen Insurance. If you meet all the eligibility criteria, we will need to provide a few details to complete your application process.
Eligibility criteria
- Exclusively for Bajaj Finance customers
- Nationality: Indian
- Age: 18+ years
- Pens older than 30 days from purchase date
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 Pen Insurance:
| Policy details | Description |
|---|---|
| Sum insured (in Rs.) | 10,000 |
| Premium including GST (in Rs.) | 303 |
| Policy tenure | 1 year |
Key inclusions and exclusions
Here’s a quick look at the key inclusions and exclusions of the Pen Insurance:
- Key inclusions
- Key exclusions
| Key inclusions | Description |
|---|---|
| Accidental damage or loss | Cover for repair or replacement costs in case of accidental damage or loss |
| Fire and special perils | Cover against loss or damage to your pen due to fires and special perilous events as specified in policy document |
| Theft, burglary, and robbery | Covers loss or damage due to theft, burglary, or robbery at your premises |
| Key exclusions | Description |
|---|---|
| Pollution | Any loss from pollution or contamination |
| Terrorism | Loss or damage due to acts of terrorism |
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 Pen 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 Pen Insurance, you need to present the following documents:
1. FIR in case of theft or burglary
2. Invoice of your lost/damaged pen
3. Document supporting the loss like a photograph or evidence.
4. Policy document received at the time of purchasing the policy -
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
Pen Insurance is an insurance product from Bajaj Allianz General Insurance offered through Bajaj Finance that provides financial support to the policyholder for any loss or damage to their pen.
Purchasing high value pens can be a major financial investment but such items can easily be lost or damaged due to unforeseen events. Pen Insurance provides financial support in the event your pen is lost or damaged.
The Pen Insurance is available for an annual premium of Rs. 303 for a Rs. 10,000 cover.
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.
Yes, the invoice is required to claim benefits under this policy as a pen more than 30 days old cannot be insured under this policy.
