Losing your car or home keys can be immensely frustrating. In case of car keys, the cost of buying a new set may run into thousands of rupees, as they are encrypted to ensure high security. Similarly, if your house keys are misplaced or stolen, it may prove to be a security threat and getting a duplicate set of keys can be cumbersome.
To address this very situation, Bajaj Finserv, through its lending arm Bajaj Finance Ltd, offers a Key Replacement Insurance. This insurance comes with a suite of benefits that can keep your out of pocket expenditure to a minimum.
Here are the benefits of taking a Key Replacement Insurance policy from Bajaj Finserv:
It pays for the replacement of your house and car keys:
The key insurance policy reimburses the amount that you need to create duplicate keys. This policy covers the loss of both house and car keys.
It provides break-in protection:
It’s also possible that your car is broken into by thieves. To help you minimise your losses, the key replacement policy covers the labour charges that you incur to replace the lock. However, the cost of a new lock is not covered under the policy.
It covers the cost of rental car if replacement takes more than 24 hours:
Since you must contact the manufacturer or dealership for car key replacement, it may take longer than a day for you to obtain a new set of keys. During this time, you may have to hire a rental car to move around. The key replacement policy also reimburses the cost of the rental car.
It covers the cost of hiring a locksmith if you are locked out:
It may so happen that you find yourself locked out of your home or vehicle. In such a scenario, the key replacement insurance policy will cover the cost of hiring a locksmith, further reducing your out of your pocket expenditure.
To purchase a Key Replacement Insurance from Bajaj Finserv, all you have to do is fill in the online application form and pay a nominal premium of Rs.499 using your preferred mode of payment.
In addition to the Key Replacement Insurance, Bajaj Finserv also offers other innovative Pocket Insurance policies such as Helmet Insurance, Wallet Care, Small Gadgets Insurance, Shoes Insurance, and others. You can pick policies that best suit your lifestyle and needs with premiums starting at just Rs 79. So, apply right away and secure the different aspects of your life against unforeseen risks.
About Bajaj Finance Limited
Bajaj Finance Limited, the lending arm of the 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, Loans for Professionals, 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