For some, eyewear is an integral part of their lives as it directly relates to having a clear vision. However, with changing times, it has evolved from being used just for medical purposes to a style statement. Moreover, eyewear has become expensive with various choices that are available in the market for the user to choose from. With this, insurance for spectacles has also gained importance to stay financially secure in case of loss, theft or damage of expensive eyewear. Eyewear Assure is a spectacle insurance from CPP Group India that helps you cover your valuable glasses against accidental loss, damage, theft and fire.
|Membership Term||1 Year|
|Membership Fees||Sum Insured up to Rs. 15,000 at just Rs. 799|
|Deductible||Up to Rs. 15,000 – Rs. 500|
Here’s what’s covered under this plan:
This plan offers optimum financial coverage for your eyewear in case someone accidentally sits on your spectacles/sunglasses and breaks the frame, or you accidentally knock it to the floor.
The plan covers the financial loss incurred due to theft, burglary, or robbery of your eyeglasses.
This plan covers you against any kind of losses or damages caused due to fires, riots, strikes and any other perils. The insurer will compensate for the cost of repair or replacement of your damaged spectacles in such cases.
Here are the additional coverages offered under the plan:
The plan allows you to block all your debit and credit cards by making a single phone call to the insurer if you happen to lose them.
If you ever get stranded anywhere during your journey, you can avail of emergency financial assistance up to Rs. 20,000 in India and up to Rs. 40,000 abroad.
You can avail of emergency roadside assistance in case of a vehicle breakdown, flat tyre, or battery jumpstart. This service can be availed across 400 locations in India.
Here are some of the exclusions under this plan:
Spectacles older than one year as per the invoice date are not covered under the plan.
Damages that occurred to your eyewear due to normal usage are not covered under the plan.
Loss or damage of the spectacles/sunglasses due to mishandling or carelessness on your part are not covered under the plan.
To know the coverage and exclusions in detail, please read the product brochure by clicking here.
Here are the steps to apply for the plan:
|Age of the spectacle||% of Depreciation|
|9 - 12 months||40%|
|More than 18 months||65%|
Yes, you can insure your spectacles. Eyewear Assure helps you to keep your spectacles insured against loss or damage. You can apply for the plan online using our hassle-free application process and pay via your preferred mode of payment.
Eyewear Assure covers loss and damage of your glasses. However, damages due to wear and tear or due to carelessness on the user’s part are not covered.
Yes, you can apply for the claim using a hassle-free claim process within 24 hours of discovering the damage.
Bajaj Finserv’s Eyewear Assure can be availed of at a premium of just Rs. 799 with a coverage of up to Rs. 15,000 and additional benefits of up to Rs. 40,000.
To raise a claim, you can contact the insurer within 24 hours of discovering the loss or damage of the spectacles through any of the following ways:
1. To avail of emergency travel assistance
• Call on 1800-419-4000 (toll-free number), or
• Write an email to firstname.lastname@example.org
2. For eyewear related claims
• Call on 1800-266-7780 or 1800-22-9966 (only for senior citizen plan holders), or
• SMS ‘Claims’ to 5616181
Here are the documents required to raise a claim:
After submitting all the required documents and survey/investigation reports, the claims department will settle the claim within the stipulated time frame.
The payment will be remitted through any of the following ways:
Note: Copy of cancelled cheque and EFT mandate form will be required for EFT settlement.
For queries related to the policy, please write to us on email at email@example.com.
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 Tata AIG General Insurance Co. Ltd. Bajaj Finance Limited does not underwrite the risk. BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage with <<Product Name with UIN>>. 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.”
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