Protect your expensive footwear with shoes Insurance from Bajaj Finserv

If you are someone who likes to invest in shoes, your shoe collection is sure to cost you a pretty penny. A pair of shoes that features superior design, as is often found in sport's shoes, can be quite expensive.

While shoe care kits help you with everyday maintenance, an insurance policy gives you all-round coverage for any eventuality that can cause damage to your expensive shoes.

Bajaj Finance Ltd., the lending and investment arm of Bajaj Finserv is offering the Shoes Insurance policy where you can avail a substantial coverage in case your shoes are lost or damaged due to fire, natural calamities, or other reasons included in the policy.

Here are some of the benefits you can expect with this policy:

Access high coverage at an affordable premium

With Shoes Insurance Policy from Bajaj Finserv, you get coverage up to Rs 10,000 at a premium of just Rs 199. Whether you need to fix minor damages or want to purchase a replacement pair, this policy offers ample financial assistance to minimise any strain on your wallet.

Obtain assistance in case of damage caused by fire

Since materials used in footwear aren't always resistant to fire, your shoes may be damaged in case of a fire accident. Regardless of whether the damage is minimal or extensive, the Shoes Insurance policy from Bajaj Finserv offers enough coverage to help repair or replace your footwear.

Coverage against losses occurring due to natural calamities

In addition to fire, the Shoes Insurance policy offers monetary coverage in case your favourite footwear is damaged by natural calamities such as floods, landslides, typhoons, and earthquakes. As the coverage extends up to the invoice value or the insured value (whichever is lower), you have nothing to worry about.

Coverage against damage/loss due to theft and accidents

Whether you are on a vacation or commuting for a business meeting, you may accidentally damage your footwear, resulting in scuff marks or major tears. The Shoes Insurance policy offered by Bajaj Finserv helps you restore or replace your shoes with ease. However, to make a claim in case of an accident, your shoes should have been in your possession when they were damaged. Additionally, you can avail coverage of up to Rs 10,000 in case your shoes are stolen.

To apply for this insurance policy, all you have to do is visit the Bajaj Finserv website, fill the online application form with basic information, and pay the premium through the payment mode of your preference. You can pay the premium via bank account fund transfer, UPI, debit card, credit card or mobile wallet. What's more, filing for a claim is easy and hassle-free too.

To accelerate the claim settlement process, submit documents such as the invoice of your shoes, a duly-filled claim form, and an FIR copy in case you're making a claim owing to burglary or theft.

Apart from Shoes Insurance, Bajaj Finserv offers a range of Pocket Insurance products such as Monsoon Cover, Key Replacement Insurance, Eyewear Insurance, Road Trip Cover, and more that secure you and your valuables financially against a variety of risks and hazards. You can apply for any of these Pocket Insurance policies online and avail substantial coverage at premiums starting at just Rs 79.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article.