Baggage Insurance

Travelling is a pleasure, but sometimes loss or destruction of accompanied baggage may spoil the traveling experience.
Baggage insurance policy can be taken by an individual for himself and/or his family members. Frequent corporate travellers can also buy this policy.
The Baggage insurance policy provides coverage for loss of or damage to accompanied baggage during travel or at intermediate stoppages en-route within India or anywhere in the world.

Key Benefits

Baggage Insurance Policy covers baggage loss, damage or destruction due to fire and allied perils, riot and strike, burglary and/or housebreaking including theft and accident. The baggage could belong to the Insured or Insured's family members or employees during. This is a worldwide coverage.

Coverage

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Perils Covered

• Standard Fire and Special perils

• Burglary or Theft

• Any other Accident during travel

• Sum Insured
  Current market value of insured items including the values of package themselves (Suitcase, trunk, bag etc.) for high value items a valuer's certificate may come in handy to arrive at the sum insured and for prior approvals of the insurers .A list of items to be insured to be provided to the insurers at the time of insurance, please do not forget to include suitcase/bags etc.

Exclusions

• Wear and tear, depreciation, deterioration, moth mildew or vermin
• Any process of Cleaning, repairing or restoration, breakage of brittle items
• Loss of or damage caused by mechanical derangement or overwinding of watches
• Theft from un-attended vehicles
• Riot, strike or Act of Terrorism, War and Nuclear perils
• Consequential losses

Claims Procedure

In the event of loss, following are immediate actions to be taken
Intimate to the insurer the occurrence of loss, submit full statement in writing of the claim, provide the nature and extent of loss and also the estimate of loss.

• Destruction of Baggage - Proof of destruction
• Physical loss due to theft -- FIR Copy

Provide documents such as, claim form, claim bill, copy of Policy etc, and identification of the subject matter insured.