Laptop Charger Insurance Policy – Overview

Individuals and businesses are both dependent on laptops to create and store data and to perform a range of personal and professional operations. However, to keep the device running optimally, one of the most important accessories is its charger. The Laptop Charger Insurance policy from Bajaj Finserv is a dedicated insurance plan that protects you, the policyholder, against any financial loss incurred as a result of an accidental damage, theft, or breakdown of your laptop charger.

  • Laptop Charger Insurance - Features and Benefits:

    While laptop Insurance in India may not cover laptop related accessories, the Laptop Charger Insurance policy from Bajaj Finserv can be instrumental if the charging device malfunctions or gets stolen. Below are some of the key features and benefits of availing this policy:

  • High Coverage Limit

    High Coverage Limit

    The policy offers coverage of up to Rs. 10,000 at a nominal premium of Rs. 399. The amount can be utilised to replace your lost or damaged laptop charger.

  • Multiple Payment Options

    Multiple Payment Options

    Pay the premium from the comfort of your home. Hassle-free online payment options such as net banking, mobile wallets, UPI, debit card or credit card are available.

  • What is covered in Laptop Charger Insurance Policy?

  • Standard Fire And Special Perils Cover

    Standard Fire and Special Perils Cover

    Laptop Charger Insurance covers damage or loss to the insured item on account of a fire breakout, implosion, explosion or lightning, and damages due to special perils such as riots, strikes, earthquakes, landslides, cyclones, and more.

  • Burglary And Robbery Cover

    Burglary and Robbery Cover

    The policy covers loss or damage to your laptop charger due to attempted/actual robbery or burglary at the insured premises.

  • Breakdown Cover

    Breakdown Cover

    Get coverage in case of breakdown/malfunctioning of the charger due to mechanical or electrical failure.

  • Accidental Damage Cover

    Accidental Damage Cover

    You can claim repair or replacement expenses incurred on account of accidental loss or damage to the charger. However, the charger should have been in your possession at the time of damage.

    Please note that the coverage is as per the invoice value or up to the maximum sum insured.

    To know more about the detailed terms and conditions, please click here.

  • What is not covered in Laptop Charger Insurance Policy?

  • CCTV Camera Older Than 30 Days

    Laptop Chargers Not Insured Within 30 Days of Purchase

    A Laptop Charger Insurance policy can only be purchased within 30 days of buying the laptop/laptop charger. The original date of purchase, as mentioned in the invoice, will be considered as the date of purchase.

  • Deductibles Applicable

    5% of each claim amount up to a maximum of Rs. 1,000 has to be borne by the policyholder, unless specifically revised and altered by the Insurer and mentioned in the Certificate of Insurance.

  • Damage Due To Act Of Terrorism

    Any loss or damage to the laptop charger due to any terrorist activity is not covered under this insurance for laptop charger.

  • Damage Due To Pollution

    Any loss or damage to your laptop charger caused because of the effects of pollution or contamination will not be covered.

    To know more about the terms and conditions on coverages and exclusions, please click here

How To Apply For Laptop Charger Insurance Policy?

Applying for a Laptop Charger Insurance policy is an easy online process. You just need to submit an online application form and make the premium payment.

Here’s the step-by-step process to apply for this policy:

Step 1: Fill in the online application form with all the relevant information like your name, date of birth, and mobile number.

Step 2: Authenticate your identity by entering the OTP received on your phone number.

Step 3: Make the payment process using mobile wallet, credit card/debit card, mobile wallet, or any other preferred mode of payment.

How to file Claim against Laptop Charger Insurance Policy?

Please inform the Customer Experience team within 24 hours of damage/loss to your laptop charger to seek the benefits of laptop insurance for charger cover. Reach out to the Customer Experience team via:

Toll free number: 1800 209 5858

Keep the following documents ready for submission while raising the claim:

  • Invoice or bill copy
  • Duly filed claim form
  • FIR copy- in case of burglary or theft
Disclaimer - *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 Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The above mentioned benefits and premium amount are subject to various factors such as age of insured, lifestyle habits, health, etc (if applicable). BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products.”

Contact Us

For any queries or concerns regarding the policy, please get in touch with us by writing an email to