50 Days ago
Business Wire IndiaDropping the phone and breaking its screen is a fear we all are aware of. With mobile screens getting bigger in size, taking the device out of your jeans’ pocket is a risk in itself. The possibility of screen damage in a road accident or an attempted robbery too cannot be ruled out.
In addition to using the device carefully and ensuring that the screen suffers no harm, one can stay protected against financial losses due to mobile screen damage by opting for a Mobile Screen Insurance. Offered Bajaj Finserv, through its lending and investment arm Bajaj Finance Ltd., under its Pocket Insurance & Subscriptions category, the policy offers the following benefits:
Coverage for mobile screen damage
If you accidently drop your smartphone and damage its screen, a mobile screen replacement policy can be a cost-effective way to fix your device. You can also claim coverage up to Rs. 10,000 for repairs or replacement if your handset screen gets damaged due to road accidents, burglary, housebreaking, theft, or any such attempt.
Coverage for breakdowns
The Mobile Screen Insurance policy covers the cost involved in repair or replacement of a mobile screen if it suffers a mechanical or electrical breakdown. The policy offers coverage of up to Rs. 10,000 which you can claim based on the invoice value of the phone.
Coverage against accidents, burglary, natural and man-made disasters
With Mobile Screen Insurance from Bajaj Finserv, you can avail coverage for repairs in case your phone screen is damaged due to riots, strikes, floods, earthquakes, cyclones, and other natural and man-made calamities. However, you can claim coverage for repairs arising in such cases as long as the device was in your custody when the damage occurred.
Given these benefits, it’s easy to see how the Mobile Screen Insurance helps you sidestep hefty costs that come with replacing or repairing a damaged mobile screen. Moreover, with this insurance policy, you can get protection for your handset’s screen for just Rs. 499. To purchase the Mobile Screen Insurance policy from Bajaj Finserv, all you have to do is fill up a simple application form and make the premium payment by using any of the available modes of payment online.
Mobile Screen Insurance is just one of the many Pocket Insurance & Subscriptions offered by Bajaj Finserv. This unique product category includes Pregnancy Complications Insurance, Adventure Cover, Dengue Cover, Wallet Care, Pilgrimage Cover amongst others, to address your specific needs and offers coverage for often overlooked concerns. The premiums for these policies are low too, starting at just Rs. 79. This means that you can affordably shield different aspects of your life from harm’s way by simply choosing the Pocket Insurance & Subscriptions that align with your lifestyle.
About Bajaj Finance Limited
Bajaj Finance Limited, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 36 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits.
Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international ‘BBB’ with stable outlook for long-term, by S&P Global Rating.
To know more, please visit: https://www.bajajfinserv.in