Small Gadgets Insurance

Gadgets are an essential part of modern living and make our lives more convenient. Hence, any loss or damage to them can disrupt our routines. However, frequently repairing and replacing these gadgets can be expensive.

With Small Gadgets Insurance from Bajaj Finserv, you can safeguard yourself financially against accidental damage or breakdowns of your gadgets. This policy covers various small gadgets such as portable vacuum cleaners, Bluetooth speakers, humidifiers, telephones, digital clocks, smart speakers, power banks, lighters and more.

• Plan details

  Small Gadgets Insurance offers coverage of up to Rs. 10,000 at just Rs. 399 per annum. You can pay the premium online using your preferred payment mode.

• What’s covered

• 

  Fire and special perils

  The plan provides coverage against perils such as fires, explosions or implosions, lightning, flood, earthquakes and cyclones. Damage due to riots and strikes is also covered.

• 

  Mechanical breakdown

  You can claim repair and replacement costs for unexpected mechanical breakdowns of your small gadgets. However, the gadget must have been in your possession when it broke down.

• 

  Accidental damage

  The plan covers repair and replacement costs if your gadget is accidentally damaged. To avail of this, the gadget must be in your custody at the time of damage.
  
  Note: The coverage is as per the invoice value, up to a maximum of the sum insured.

• What’s not covered

• 

  Gadgets older than 30 days

  You must apply for Small Gadgets Insurance within 30 days of buying the gadget(s), as per the purchase date on the original invoice.

• 

  Deductibles

  A deductible amounting to 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. 1,000 for a sum insured of up to Rs. 20,000 and Rs. 2,000 for a sum insured of Rs. 20,000 to Rs. 50,000.

• 

  Damage caused by terrorist activity

  Loss, damage or destruction of your gadgets due to terrorist activities is not covered.

• 

  Damage due to pollution

  The plan excludes loss or damage due to pollution or contamination.
  
  Please click here for the terms and conditions and the complete list of inclusions and exclusions.

• 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 received on your mobile number.
• Pay the premium via credit/debit card, UPI, mobile wallet, or any other available online payment mode.

You will receive the details of your membership via email.

To raise a claim, you can contact the customer experience team within 24 hours of the damage/loss incident via:
• Toll-free number: 1800 209 5858
• Email: bagichelp@bajajallianz.co.in
• Our customer service website
• Mail: Bajaj Allianz General Insurance Co. Ltd. - Bajaj Allianz House, Airport Road, Yerwada Pune- 411006

Here are the documents required while raising a claim:
• Invoice or bill copy
• Duly filled claim form
• FIR copy in case of burglary or theft

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.”