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Eyewear Assure Plan From Bajaj Finserv Offers Coverage for Accidental Loss, Theft or Damage of Spectacles


News provided by

Bajaj Finance Limited

09 Jun, 2020, 13:44 IST

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PUNE, India, June 9, 2020 /PRNewswire/ -- Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv, offers Eyewear Assure plan that covers one's valuable set of glasses against accidental loss, damage, theft, fire or other fortuitous cause. Losing eyewear or accidentally breaking it can hamper one's daily life. Since eyeglasses can be expensive, it is vital to have a protection plan for one's spectacles or sunglasses in place.

As per a report by The Economic Times - "Eyewear companies such as Titan, Essilor and Luxottica have seen sales of filtered and clear glasses surge, owing to increased screen time due to work from home and online classes." This has resulted in a significant demand for blue-lens spectacles or an anti-glare filter eyewear. With the cost of these running into several thousand rupees, it makes sense to secure one's purchase with an eyewear insurance plan.

The Eyewear Assure plan covers one's spectacle frames and the lenses too. Customers can either get the sum insured or the invoice value, whichever is lower. The following explains why this spectacle protection plan from Bajaj Finserv is a must-have for every individual who wears spectacles or sunglasses:  

High sum insured: With the Eyewear Assure plan, one can avail benefits up to Rs. 55,000 at just Rs. 799. The plan includes complimentary insurance for spectacles with coverage of up to Rs. 15,000. The same can be utilized to repair or replace one's lost or damaged spectacles.

Emergency travel assistance: Customers can avail emergency cash allowance of up to Rs. 20,000 in India and up to Rs. 40,000 abroad if they get stranded while on a trip.

Card blocking service: If customers happen to misplace or lose their debit/credit card or have a suspicion of misuse, they can block all their cards by making a single phone call.

Emergency roadside assistance: Roadside assistance service is available across 400 locations in India in case of a flat tyre or vehicle breakdown.

Multiple payment options: The premium can be easily paid online by the customers from the comfort of their home via net banking, mobile wallets, UPI, debit cards or credit cards.

Easy and hassle-free claim process: Customers can claim for the coverage under this plan without any hassle through telephone/fax/email/SMS/post within 7 days of the occurrence of an incident with their eyewear.

To apply for Eyewear Assure, one may simply fill the online application form and make the premium payment online via easy payment methods. Apart from this plan, Bajaj Finserv also offers over 80 products under Pocket Insurance & Subscriptions. These plans are customized to help people secure their valuables and lifestyle against variety of risks.  

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 40 million customers across the country. Headquartered in Pune, the company's product offering includes Consumer Durable Loans, Lifestyle Finance, Lifecare 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  

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