Bajaj Allianz General Insurance

Bajaj Allianz General Insurance - Pen Insurance at Rs. 303

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. 10,000, premium Rs. 303

    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.

  • Situations covered

    Situations covered

    The policy offers coverage against damage caused due to fire, lightning, explosion, implosion, riots, strikes, animals, vehicles, and natural calamities.

  • Cover against theft and burglary

    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.

  • End-to-end online process

    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

  • 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 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

How to claim

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

  • Insurer’s email address

    Insurer’s email address

    Write to the insurer at and share your policy document

  • 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 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.

    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 the coverage under Pen Insurance?

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.

What are the advantages of getting Pen Insurance?

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.

What is the premium of Pen Insurance?

The Pen Insurance is available for an annual premium of Rs. 303 for a Rs. 10,000 cover.

What is the claim process for Pen Insurance?

You can contact the insurer by writing to them via email at or calling on the toll-free number 1800-209-1021.

Is the invoice required to claim the benefits under this policy?

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.

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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 under Group Affinity Insurance Policy 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.