Bajaj Finserv brings you the Washing Machine Insurance policy that offers optimum coverage for your washing machine at an affordable premium. This policy acts as a safeguard against loss or damage caused to this expensive appliance due to unforeseen incidents, fire, theft, burglary, and other perils.
With Washing Machine Insurance you can take care of all the repair and replacement costs of your washing machine in case of accidental damage. In instances where the appliance can’t be repaired or reinstated, you will be reimbursed for its replacement.
This policy offers coverage of up to Rs. 35,000 at a nominal cost of Rs. 199 for a year.
It extends optimum coverage in the event of a loss or damage caused to the washing machine due to specific causes. You will be compensated by up to the sum insured or the invoice value, whichever is lower.
You can choose from various options, including net banking, mobile wallets, UPI or debit/credit card to pay the premium.
Expenses on repairs necessitated by accidental damage to your washing machine are covered under this policy.
If your washing machine gets stolen or damaged due to a burglary, you can claim compensation.
This insurance policy covers any loss or damage caused to the insured appliance due to a fire.
You can claim compensation for the losses mentioned above or damages during the policy period, as per the invoice value or up to the maximum insured amount.
Washing machines purchased more than a year before the original invoice date are not covered under this policy.
Loss or damage to your washing machine due to a pre-existing condition is not covered.
Any damage or harm caused to the insured appliance during restoration, servicing, cleaning, dyeing and bleaching, or during repair, renovation, or preventative maintenance, is not included.
The policy doesn’t offer protection against damage or deterioration resulting from regular wear and tear, pest infestations, moss or mildew growth and other types of gradually occurring damages.
Loss or damage due to the washing machine’s electrical or mechanical breakdown is not covered, except if it results from accidental external events that expressly fall under the policy.
The first 10% of the claim amount must be paid as an excess towards each claim raised.
Loss or damages incurred due to an act committed by the insured person or a condition they suffered from, due to which the covered perils and dangers have significantly increased, are not compensated.
This plan does not cover loss or damage on account of carelessness, lack of maintenance, misuse or reckless handling of the washing machine.
This insurance policy doesn’t include legal liabilities or consequential loss.
To know about the terms and conditions of the washing machine insurance policy in detail, please click here.
Apply for Bajaj Finserv’s Washing Machine Insurance policy by visiting our official website and filling the online application form. After submitting the form, pay the premium via your preferred online payment mode.
If your washing machine breaks down or incurs any accidental damage or loss, contact the insurer within 24 hours of the mishap through any of the following ways:
As soon as you inform the insurer about the claim, an executive will contact you and guide you through the claim settlement process.
You will have to provide the following documents while filing a claim under your Washing Machine Insurance policy:
For any queries or concerns related to the policy coverage, exclusions and application procedure, email us at email@example.com.
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 Tata AIG General Insurance Co. Ltd. Bajaj Finance Limited does not underwrite the risk. BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage with <
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