Small Gadgets Insurance

Gadgets are an important part of our everyday lives and most of us cannot imagine living without them. From power banks that help you charge your phone, portable Bluetooth speakers to hear music on the go, digital clocks that buzz you awake and portable vacuum cleaners that help you clean efficiently, every small gadget is essential for making your life comfortable. These high-end tech gadgets are not only expensive, but also prone to loss and damage.

With Small Gadgets Insurance from Bajaj Finserv, you can protect yourself from financial loss due to accidental damage or breakdown of small gadgets. This insurance policy covers all types of small gadgets such as portable vacuum cleaners, Bluetooth speakers, humidifiers, telephones, digital clocks, smart speakers, power banks, lighters, and more.

• Features & Benefits:

• 

  High Sum Insured

  Get coverage up to Rs. 10,000 for just Rs. 399 per annum.

• 

  Choice of Payment Method

  You can choose from among multiple online payment options available such as net banking, mobile wallets, UPI, debit cards or credit cards.

• What Is Covered?

• 

  Standard Fire And Special Perils Cover

  Small Gadgets Insurance provides coverage against perils such as fire, explosion/implosion, lightning, flood, earthquake, cyclones, etc. You can also get coverage against damage due to riots and strikes.

• 

  Mechanical Breakdown Cover

  You can claim coverage for repair and replacement expenses incurred on account of unexpected mechanical breakdown of your small gadgets. You can seek the benefits of this cover only if the gadget was in your possession at the time of breakdown.

• 

  Accidental Damage Cover

  Small Gadgets Insurance also provides coverage against repair and replacement costs if your gadget is accidentally damaged. To avail the benefits of this cover, the gadget should have been in your custody at the time of damage.
  
  Please note that the coverage is as per the invoice value of the gadget(s) or up to the maximum sum insured amount.
  
  To know more about the detailed terms and conditions, please click here.

• What Is Not Covered?

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  Gadgets Older Than 30 Days

  If the gadget is older than 30 days (as per the purchase date mentioned on the invoice), it will not be covered. To seek the benefits of this insurance cover, you need to apply for Small Gadgets Insurance within 30 days of purchasing the gadget(s).

• 

  Deductibles Applicable

  The deductible of the first 5% of each and every claim amount is subject to a minimum of Rs 1,000 for sum insured up to Rs. 20,000, or Rs. 2,000 for sum insured more than Rs. 20,000 up to 50,000.
  This is applicable unless specifically revised and altered by the insurer and mentioned in the Certificate of Insurance.

• 

  Damage Caused By Terrorist Activity

  If any loss, damage or destruction is caused to your gadgets due to terrorist activities, then it is not covered.

• 

  Damage Due To Pollution

  Any loss sustained due to the effects of pollution or contamination will not be covered.
  
  To know more about the terms and conditions on coverages and these exclusions, please click here .