For pen collectors and enthusiasts, a pen is not just a writing tool but an accessory of great value. Bajaj Finserv’s Pen Insurance policy from Bajaj Finserv can be of significant advantage for those with a premium collection of pens. The policy offers comprehensive coverage against accidental loss or damage due to mechanical breakdown, fire, natural disasters, theft, burglary, and other perils.
|Premium||Sum insured up to Rs. 10,000 at Rs. 399|
|Deductible||5% of the claim amount, subject to a minimum of Rs. 1,000 for each claim|
You can claim repair or replacement costs for your pen in case of accidental damage or loss.
The policy offers coverage against loss or damage to your pen due to fires, lightning, explosions, implosions, riots, strikes and natural disasters such as landslides, typhoons, earthquakes, etc.
Loss or damage to your pen due to theft, burglary or robbery at your premises will be covered.
The policy also covers the mechanical breakdown of your pen.
Pens older than 30 days from the purchase date on the original invoice will not be eligible for insurance.
Loss or damage to your pen due to pollution or contamination is excluded.
The policy does not cover damage or loss to your pen in an act of terrorism.
Please read the policy document for the full list of inclusions and exclusions.
A deductible of the first 5% of the claim amount is applicable on every claim unless specifically revised and altered by the insurer and mentioned in the Certificate of Insurance. The deductible will be a minimum of Rs. 500 for a sum insured of up to Rs. 10,000.
Apply for Pen Insurance online in a few simple steps:
You will receive the details of your membership via email.
To raise a claim, you can intimate the insurer within 24 hours of discovering the loss or damage of the insured pen through any of the following modes:
• Call: 1800 209 5858 (24-hour toll-free helpline number)
• Email: email@example.com
Once you inform the insurer, you have to submit all the relevant information about your claim, including policy information and other claim-related details.
Note: In case of theft and burglary, file an FIR at the local police station within 24 hours of discovering the loss.
Besides these, certain other documents may also be required during claim settlement.
For queries related to the policy, please write to us at firstname.lastname@example.org.
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.”
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