Watch Secure

Watches are a prized collection for many. However, any damages or losses to your watch can be expensive. Therefore, it is important to stay covered against any kind of financial loss or damage that can arise out of burglary, theft, fire or any other risk. With Watch Secure by Bajaj Finserv, you can get coverage against financial expenses incurred due to damages caused by such unexpected events.

• Plan Details

  Watch Secure offers coverage up to Rs. 40,000 at just Rs. 449. Make the payment from any of your preferred online payment modes.

• What’s Covered

  Here’s what’s covered under this plan:

• 

  Block your debit/credit cards instantly

  If you happen to lose your wallet along with its contents such as debit and credit cards, you can block all the cards by making just one phone call to the insurer.

• 

  Emergency travel assistance

  You can avail of emergency financial assistance up to Rs. 20,000 in India and up to Rs. 40,000 abroad, in case you are stranded on a trip. This advance fund can be used to book alternative travel tickets and accommodation.

• 

  Coverage against burglary and theft

  The plan covers you financially in case your wristwatch gets stolen in the event of burglary or theft.

• 

  Accidental damage

  Get coverage against repair and replacement expenses if your watch is accidentally damaged. However, such damages are covered only if the covered item is in your possession at the time of damage.

• 

  Fire and special perils cover

  Losses and damages caused to your wristwatch as a result of fire, explosion, implosion, and lightning are covered under the plan. It also covers your watch against natural and manmade disasters such as earthquake, floods, cyclones, riots, strikes, and more.

• What’s Not Covered

  Here are some of the exclusions under this plan:

• 

  Gradual operating costs

  Loss or damage caused to the item as a result of gradual wear and tear is not covered under the plan. Damages caused due to maintenance or repair activity are also not covered under the plan.

• 

  Mechanical or electrical failure

  Damage caused by a mechanical or electrical failure is not covered under the plan, unless any damage is caused by accident or external means or approved by the insurer.

• 

  Any consequential loss

  Any loss or damage to your wristwatch which is consequential is not covered under the plan. These may include damage due to misuse, misplacement, and intentionally caused damages.

• Note: Watch Secure can only be purchased for wristwatches not older than 365 days as per the invoice date. To read the exclusions of the plan in detail, please click here.

Here are the steps to apply for the plan:

• Click on ‘Buy Now’ button 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/WhatsApp

To raise a claim, you can contact the insurer through one of the following ways:

• In case of loss of cards or need emergency travel assistance, you can call the toll-free number 1800-419-4000 or send an email at feedback@cppindia.com within 24 hours from the time of incident. You also need to provide evidence of your need for emergency assistance.
• In case of watch-related claim, you can raise a claim by either calling on the toll-free numbers 18002667780 or 1800-22-9966 (only for senior citizen plan holders) or send an SMS on 5616181 stating 'Claims'.

Documents Required To File A Claim

Here are the documents required to raise a claim:

• KYC documents
• Travel safe membership letter
• Invoice or bill copy of article
• Duly filled claim form
• Claim intimation within 24 hrs

Contact Us

For queries related to the policy, please write to us on email at wecareinsurance@bizsupportc.com.

Disclaimer - Bajaj Finance Ltd. (BFL) is merely a distributor of above Products, owned by CPP Assistance Services Private Ltd. (CPP). Issuance of these products is at sole discretion of CPP. This product shall be governed by CPP product T&C’s and BFL does not hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This is not an insurance product and CPP Assistance Services Private Ltd. is not an insurance company. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.”