Refrigerator Insurance - Overview

A refrigerator is an integral household appliance to store food, water, and refreshments. The refrigerators available in the market today feature cutting edge technologies and energy efficient mechanisms that bring great convenience and value to the users. However, it also is the reason why the cost involved in the repairs and upkeep of the appliance is quite high. With Refrigerator Insurance from Bajaj Finserv, you can avail enough coverage in case your refrigerator breaks down or suffers an accidental damage or loss.

Offered under the Pocket Insurance & Subscriptions category by Bajaj Finserv, the policy covers mid to high-end refrigerators against a range of incidents that may lead to loss or damage to the insured appliance. Read on to know the features, coverage, exclusions of this policy:

  • Features of Refrigerator Insurance

  • High coverage at low premium

    Refrigerator Insurance policy comes in two coverage and premium variants allowing you to insure even the high-end refrigerators that are more expensive than the regular ones.

    Type of Refrigerator
    Low to mid-range refrigerators
    High-end refrigerators
    Rs.399 only
    Rs.799 only

  • Easy Application Process:

    Purchasing a Refrigerator Insurance policy from Bajaj Finserv is an all online, hassle-free process. The premium can be paid using any of the multiple payment modes such as UPI, Net Banking, Credit/Debit Card, and Mobile wallet.

  • What Is Covered?

  • Accidental Damage Cover

    Any accidental damage caused to the insured refrigerator is covered under this insurance policy for refrigerator. However, the damage must have occurred when the insured appliance was in your possession.

  • Breakdown Cover

    In case your refrigerator breaks down or suffers a complete damage/loss, you can avail coverage up to the maximum sum insured under the policy. The plan also covers the repair and replacement cost of your refrigerator in case of a mechanical or electrical failure.

  • Standard Fire And Special Perils Cover

    The refrigerator insurance policy covers your appliance against damages or losses resulting from fire, lightning, implosion, explosion, and more. The policy also provides coverage in case the insured item suffers damages due to a range of natural and man-made disasters such as strikes, riots, floods, earthquake, and others.

  • Burglary And Robbery Cover

    The policy covers the insured against financial losses due to damage or loss caused to the refrigerator due to an incident of robbery or house break-in.

  • Note: The coverage offered under the policy is limited to the insured value or the invoice value, whichever is lower. To read the terms and conditions of the policy in detail, please click here.

  • What Is Not Covered?

  • Items Older Than 365 Days

    You must insure your refrigerator within 365 days of its date of purchase. Post this period, you will not be able to apply for this insurance policy.

  • Loss or Damage Due to Normal Wear and Tear

    Any loss or damage to the insured item due to repair, renovation, maintenance, and normal wear and tear is not covered under the policy.

  • Deductibles Applicable

    The policyholder needs to bear the 10% of each claim raised as per the conditions of the policy.

  • Wilful Damage Caused To The Insured Product

    Any damage caused deliberately to the insured item will not be covered under the policy.

  • To understand the exclusions of the policy in detail, please refer to the policy document.

How To Apply For Refrigerator Insurance?

Applying for the Refrigerator Insurance policy from Bajaj Finserv is a hassle-free process. All you need to do is fill in the online application form with basic details and pay the premium using your preferred mode of payment. Here is the step-by-step process:

Step 1: Select Refrigerator Insurance/High-end Refrigerator Insurance from the Pocket Insurance & Subscriptions section on the Bajaj Finserv website.

Step 2: Click on ‘Apply Now’ and fill in the required details in the application form.

Step 3: Make the Premium payment online using any of the payment modes available. You will receive the membership details in your registered email address.

How To make A Claim?

To raise a claim request, contact the customer experience team of the insurer within 24 hours of the incident using any of the following ways:

  • Call on 18002667780 (Toll-Free Number) or 1800-22-9966 (For senior citizens only)
  • SMS 'Claims' to 5616181

While raising a claim, the following documents are required to be furnished to the insurer:

  • Duly-filled claim form
  • Invoice or bill copy
  • Copy of the FIR in case of burglary or theft

Contact Us

For any queries or concerns related to the policy, its terms and conditions, and the application or claim process, please feel free to get in touch with us by writing an email to

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