Do companies cover accidental damages in a warranty?

Warranties usually cover your appliance for product defects mechanical and electrical failure, but not misuse or accidental damage. A manufacturer’s warranty is a promise from the manufacturer to repair or replace your phone in case of defects. However, if you want to protect your devices against accidental damages or liquid damage, you will have to avail of a comprehensive insurance plan well-curated for your needs.

What is accidental damage?

Accidental damages are caused unexpectedly by an outside force. It’s different from damage caused by wear and tear or a breakdown.

Is it worth opting for an accidental damage insurance plan?

It acts as increased protection for your device in an unexpected or unforeseen event. It even acts as an essential coverage in case of accidental injuries. 

Bajaj Finserv has a few curated oneplus mobile cover and many other that help you benefit from accidental damage cover in case of unforeseen damages. Here are to list a few:

• Mobile Device Protection Plan
• Fonesafe Mobile Screen Insurance
• Personal Trip Effects Cover
• Handbag Assure
• Washing Machine Insurance
• AC Insurance
• Refrigerator Insurance
• Electronic Stationery Insurance
• Handheld Tablet Device Insurance
• Eyewear Assure
• CCTV Assure
• Designer Clothes Insurance
• Hearing Aid Insurance

And many more.

These are comprehensive insurance plans that helps you with high coverages, adequate benefits and all this at minimum premiums.

1. Mobile Device Protection Plan covers accidental damage for the entire handset, including liquid and fluid damage. However, the phone should have been in your custody at the time of damage. Covers 100% of the handset’s value.
2. Personal Trip Effect Cover starts at just Rs. 349 and covers accidental damages to your luggage.
3. Handbag Assure gives you coverage of Rs. 40,000 for accidental damage of your debit/credit cards and provides 24/7 assistance, including the facility of a single call to block your debit/credit cards.
4. Washing Machine Insurance gives you coverage up to Rs. 35,000 at just Rs. 199. It secures you in case of accidental damage where the appliance cannot be repaired or reinstated.
5. Fonesafe Mobile Screen for apple iphone insurance covers accidental damages to your phone’s screen at 50% of the handset’s value, starting at just Rs. 649

Some more types of insurance

1. AC Insurance comes at a premium of just Rs. 399 and gives you coverage for repair and replacement costs arising from accidental damages up to Rs. 50,000. 
2. Refrigerator Insurance starts at a premium of Rs. 399 and gives you coverage for accidental damage of up to Rs. 1 lakh. However, the appliance should be in your possession at the time of damage.
3. Electronic Stationery serves our daily needs and makes our lives convenient, and the breakdown can significantly affect our work. Electronic Stationery Insurance gives you coverage up to Rs. 20,000 for repair and replacement costs for accidental damages.
4. Handheld Tablet Device Insurance comes at a premium of Rs. 599 and gives you coverage up to Rs. 50,000. The plan covers the repair and replacement costs that occurred due to accidental damage.
5. Eyewear Assure is spectacle insurance covering your expensive glasses against accidental loss, damage or theft. Includes breaking of the frame or accidentally knocking it on the floor.
6. CCTV Assure comes at a nominal fee of Rs. 349 and gives you financial coverage in case of camera damage under unforeseen circumstances
7. Designer clothes and couture wear are custom-made and expensive. Even the slightest damage can be a substantial financial loss. Designer Clothes insurance gives you coverage up to Rs. 50,000 at just Rs. 299 against unforeseen damages demanding repairs and replacements.
8. Hearing aids have come a long way in technology and ease of use. However, these devices are expensive to buy and easily damaged due to their delicate build. Hearing Aid Insurance gives you coverage for accidental damage at a nominal premium of Rs. 399

How to apply for these Insurance plans?

Login to the website (www.bajajfinserv.in), enter basic details on the product’s application form (name, date of birth, etc.), enter the one time password that you will receive on your registered mobile number, pay the premium amount online via your preferred mode of payment (UPI, Wallet, etc.). You can do all this while you are in the comfort of your home.

How to make a claim?

The claim process is straightforward. You can contact the customer experience team within 24 hours of the accidental damage. You can reach out to them via any of these preferred modes:

1. Customer service website
2. Toll-free number
3. Email to the customer desk
4. Direct mail through the post

You will have to keep an invoice or bill copy, duly filled claim form and FIR copy in case of theft or burglary handy with you while filing for a claim.