Baggage Insurance Policy

Key Feature

The Policy can be taken either for 1 year or 6 months policy period
For valuable items, agreed value or value as per valuation certificates will be reimbursed
Sum Insured under the Policy can only be obtained in multiples of Rs. 10,000/- up to maximum of Rs. 50,000/-.

Coverage

Baggage Insurance Policy provides coverage for loss of or damage to accompanied personal baggage during travel (including stoppage enroute) anywhere in India or worldwide as opted by the Proposer via any mode of transport.
Loss of or damage to accompanied personal baggage due to following perils is covered:

Standard Fire and Special Perils
Theft
Any other accident during travel.

Exclusion

The Company shall not pay claims arising out of

Acts or omissions of servants or agents
Wear and tear, depreciation, deterioration
Moth, mildew, vermin
Any process of cleaning, repairing, restoring
War and Nuclear perils
Riots, Strike, Terrorist activity
Detention or confiscation by Customs or other authorities
Breakage of brittle articles
Theft from unattended vehicle
Loss of or damage caused by mechanical derangement or over winding of watches and clocks
Consequential losses.