While traveling can be an exciting experience, it is wise to stay prepared for unforeseen circumstances that can impede your plans or result in financial losses. Personal Trip Liability Coverage offered by Bajaj Finserv provides financial coverage against expenses incurred by you, towards any third party, during your trip.
With Personal Trip Liability Coverage, get sum insured up to Rs. 1 lakh at just Rs. 149 per annum. You can choose to make the payment from any of the preferred online payment modes.
Coverage for financial liabilities on tripWith Trip Liability Coverage, get coverage for liabilities, with respect to:
Here's what's covered under this policy.
When the entire cost of the passenger fare(s) of your trip are charged, during the policy period of your personal Trip Liability Coverage, you will be covered for liabilities in respect of accidental bodily injury and property damages to third parties under Trip Liability Coverage.
Here are some of the exclusions under the plan:
Any loss or damage occurred during a travel time that was longer than 31 days will not be covered
Losses occurred while operating or due to ownership of any motorcars or motor-driven machines, sailing or motor boats, and/or aircraft will not be covered.
Losses resulting from a communicable disease are not covered in Personal Trip Liability Coverage.
Losses or damages that occurred under the influence of alcohol, illegal drugs or narcotics, and medicines which have not been prescribed by a doctor will not be covered.
Losses or damages suffered due to competing or participating in competitive/dangerous sports that include but are not limited to mountaineering, boxing, polo, parachuting, gliding, and/or underwater diving using personal breathing apparatus will not be covered.
You assume under any agreement contract.
Here’s a look at the terms and conditions of the plan:
For a covered trip, the coverage begins when you leave your place of residence to commence the trip and shall terminate with whichever of the following occurs first:
a) Time taken to return to your place of residence on completion of your trip; or
b) Expiry of policy
In any event, coverage will not begin for more than 24 hours prior to the booked departure time and will cease to exist only 24 hours after your actual return time.
With respect to a one-way trip, the coverage will terminate with whichever of the following occurs first:
a) Time taken by a covered common carrier arrives at its destination; or
b) Expiry of policy
Completion of necessary documents
You shall complete and return any necessary documents including but not limited to claim forms, police reports, demands, notices, and any other documents we may ask you to provide.
Return of necessary documents
The claims form and accompanying documents must be returned to us within 3 days of making the original claim. You’d need to provide:
• Incident report
• Police report (if any)
• Full details of the injured third party – age, nationality, occupation etc.
• Any medical or investigation reports
• Copy of internal investigation report regarding the incident
• Whether any formal claim has been received from the injured third party
Police report needs to be filed within 6 hours of incident.
Here are the steps to apply for the plan:
For queries related to the policy, please write to us on email at email@example.com
Did you know, a good CIBIL score can help you get a better deal on loans and credit cards?