Prosthetic Limb Insurance

Prosthetic limbs aid the mobility of specially abled individuals . However, it is expensive and any loss or damage caused to it can cause significant inconvenience and further financial strain.

With Prosthetic Limb Insurance from Bajaj Finserv, you can secure your artificial limb(s) from the risk of loss or damage due to unforeseen events such as fire, theft, burglary, and natural disasters.

• Plan details

  Prosthetic Limb Insurance offers coverage of up to Rs. 30,000 at premiums starting at just Rs. 349. Make the payment from any of your preferred online payment modes.

• What’s covered?

  Here’s what’s covered under this plan:

• 

  Standard fire and related perils

  Any loss or damage caused to your prosthetic limb due to fire or perils such as explosion, implosion, lightning, etc., will be covered.

• 

  Accidental damage

  If your prosthetic limb gets damaged in an accident, you will be compensated by the invoice value or the sum insured, whichever is lower.

• 

  Theft, burglary, and robbery

  Loss or damage caused to your prosthetic limb in case of theft, burglary, or robbery at your premises will be covered. You can also file a claim against damages caused due to riots, strikes, vandalism or any natural calamity.

• 

  One-year tenor

  This plan will be valid for one year from the date of its purchase. If any loss or damage is sustained during this tenor, you can get reimbursed for the money spent on repair/replacement.

• What’s not covered?

  Here are some of the exclusions under this plan:

• 

  Items older than three years

  If your prosthetic limb is more than three years older than its date of purchase as per the invoice, it will not be eligible for coverage.

• 

  Claims without product invoice or repair bills

  To file a claim, you must provide the original invoice of your prosthetic limb (in case of total loss) or repair bills (in case of partial damage). Any claim made without the product invoice or repair bills will not be covered.

• 

  Gift items

  Products received as gifts are excluded from the plan.

• 

  Damage due to pre-existing condition

  Any loss or damage caused to your insured prosthetic limb due to a pre-existing condition will not be covered.

• 

  Damage due to misuse or mishandling

  Any damage or harm caused to your prosthetic limb due to misuse, misplacement, or reckless handling will not be covered. Additionally, damage caused to the prosthetic limb during cleaning, dyeing, bleaching or restoration is excluded.

• 

  Regular wear and tear

  This plan will not cover damage or deterioration of your prosthetic limb due to regular wear and tear.

• 

  Deductibles applicable

  You will have to pay the first 10% of your claim amount as excess for every claim you raise.

• 

  Consequential loss or legal liability

  The insurer will not be responsible for any consequential loss or legal liability related to your insured prosthetic limb.

Here are the steps to apply for the plan:

• Click on the ‘Buy Now’ button on this page and share your basic details in the online application form.
• Check and confirm your application by entering the OTP sent to your mobile number.
• Pay the premium online via credit/debit card, UPI, mobile wallet, or any other available payment mode.
• You will receive the details of your membership via email/WhatsApp

To raise a claim, you can contact the customer experience team within 24 hours of the incident through any of the following ways:

a. Call 1800-266-7780 (24-hour toll-free helpline number) or 1800-22-9966 (only for senior citizens)
b. SMS ‘Claims’ to 5616181.

Here are the documents required while raising the claim:
• Duly-filled claim form
• Copy of the invoice of your prosthetic limb
• Copy of FIR (in case of theft or burglary)
• Repair bills (in case of partial damage)