Given the push towards digitisation, almost every facet of human life, from studies to office work is now dependent on devices like laptops and tablets. Consequently, most individuals now prefer to invest in expensive gadgets like computers and laptops with strong processors. However, any damage to these high-end devices also leads individuals to bear hefty repair costs.
Issues like mishandling, liquid spillage, short circuits, theft, etc., are commonplace with laptops. Nonetheless, the financial liabilities arising from such damages can be easily mitigated with a laptop insurance policy from leading insurance aggregators.
Merely availing a laptop insurance policy, however, might not be sufficient to cover the losses that can arise due to damage to its accessories like a charger or headphones. Following is a look at how one can avail insurance benefits for not only his/her laptop, but also for its accessories.
What is laptop insurance?
Laptop insurance plans offers financial coverage against damage caused to the laptop due to perils like breakage, tampering, etc. In some instances, the complete hardware needs to be replaced, which can be an expensive deal.
However, laptops can’t work independently without their charger. Damage caused to the charger can render a device completely useless. Therefore, Bajaj Finserv under its Pocket Insurance & Subscriptions also offers Laptop Charger Insurance policy.
This insurance policy offers policyholders protection against any financial loss incurred as a result of a breakdown, accidental damage or theft of laptop charger.
Benefits of availing a laptop insurance policy
- Multiple payment options
An insurance holder gets the flexibility of multiple payment options. They can pay the premium with an easy and encrypted payment gateway.
Individuals obtain payment options like debit card, UPI, credit card, net banking, mobile wallets, mobile banking, etc.
- High coverage
An individual by availing laptop insurance online or laptop charger policy receive coverage of Rs.10,000 against an affordable premium. This coverage can be helpful to manage the expenses made for replacing the damage incurred by a laptop charger.
- Fire and perils cover
Such insurance policies also offer financial protection against damages caused to laptop by fire or explosion and you can also hire Laptop on rent with good conditions. This policy further covers the losses caused by natural events like earthquakes, cyclones, riots, strikes, landslides, etc.
- Breakdown cover
Individuals planning to buy laptop insurance cover can also check the features of a laptop charger policy from Bajaj Finserv. This policy covers the expenses incurred from the charger’s malfunction due to mechanical or electrical fault.
One can also opt for electronic stationery insurance to protect related devices like printers against damages.
- Burglary and theft cover
Laptops and related gadgets are expensive, which hold a substantial value in the market, putting them at risk of theft. To safeguard oneself from the losses incurred when a laptop charger is damaged or is stolen, availing a laptop charger insurance would be smarter. This policy compensates the loss.
Individuals can also consider availing a small gadgets insurance cover to protect accessories like Bluetooth speaker, smart speakers, etc. that compliment the laptop from accidental damages.
- Easy application process
The best feature of this insurance policy is that it comes with an easy online application. Unlike traditional approaches where individuals have to visit an agent, laptop insurance can be availed online by following simple steps.
The steps to procure the benefits of a laptop charger insurance are –
Step 1: An applicant needs to fill an application form online with basic details like name, mobile number, and birth date.
Step 2: He/she will receive the OTP number for authentication of details submitted.
Step 3: The final step involves making a payment online.
Laptops are expensive gadgets, and slight damages caused to them can lead one to incur hefty repair costs. While warranties are applicable for a certain period after its expiry, the repair charges mostly have to borne out of the pocket in the absence of an insurance policy.
Here a laptop insurance or laptop charger insurance plan can prove beneficial as it secures the policyholder against the liabilities arising during such situations.