Business Wire IndiaBajaj Markets, a subsidiary of Bajaj Finserv, offers 400+ pocket insurance products on their platform to offer financial coverage against everyday risks. Out of these products, one can also avail of plans that cover unforeseen events resulting in loss of income.
In today’s world, income security is crucial to meet the basic needs, as it helps reduce financial stress, promote social inclusion, and support economic growth. Hence, the plans offering coverage against income loss are essential for one’s peace of mind.
Here are some of the top pocket-sized insurance products available on Bajaj Markets:
Income Loss Cover Plan
Premium: Rs. 212/year
Accident death benefit and weekly cash up to Rs. 10,000 in case of temporary total disability
Loss of Earning Cash
Premium: Rs. 304/year
Monthly cash benefit of up to Rs. 50,000/month for a maximum of 60 days in case of disability
Income Protect Covers 18-35 Years
Premium: Rs. 480/year
Monthly salary of a maximum of Rs. 1 Lakh if one is hospitalised due to an injury for over 7 days
Income Protect Covers 36-50 Years
Premium: Rs. 540/year
Monthly salary of up to Rs. 1 Lakh for a period of 3 months
Loss of income may also arise due to unforeseen events during one’s daily commute. Pocket insurance plans such as Mumbai Local Train Cover, Mumbai Metro Insurance, and Delhi Metro Insurance offer financial coverage in the event of such unfortunate scenarios.
The pocket insurance plans available on the online platform of Bajaj Markets are affordable and designed to suit a range of budgets.
In addition to this, they also offer customisable insurance products which provide comprehensive coverage. Also, one can reap the benefits of easy account management, fast claim processing, quick 3-step application process, and smooth customer service, on Bajaj Markets.