Bharti AXA Terms and Conditions

  1. Conditions / Exclusions
    1. Only 2 claims allowed under the policy during the coverage period, subject to policy T&C
    2. Excluding any loss caused by vermin, termite, mould, dry rot etc. Losses due to software / data failure.
    3. Brand new phone allowed to be insured under this programme, with a waiting period of 15 days from phone purchase date
    4. Insurance Company reserves right to replace / repair / monetarily compensate for the item damaged /lost up to a maximum of the value of item mentioned in the invoice provided.
    5. Excluding Theft and burglary, wear and tear losses and unauthorized repair
    6. Depreciation will be applicable for total losses as per depreciation table
    7. Policy T&C shall be as per Bharti AXA policy wordings
  2. Other Clauses / Warranties
    1. Certificates of Insurance shall be issued based on Description, Sum Insured, Make, Model, IMEI number and proposal form to be provided before binding risk.
    2. Brand new phone and pre-owned up to 10 days from the date of purchase are allowed to be insured under this program
    3. Claim must be reported to us, and any repair carried out has to be authorized by us else coverage under the policy does not trigger
    4. Value of gadget will be as per invoice and at time of claim it should be supported by invoice
    5. Customer name on invoice and policy holder name should be same at the time of claim.
    6. This policy is not renewable and policy period will be 1 year

    INR 1000/- per claim

    Sum Assured Definition & Assumptions
    Gadget cost will be min INR 10,000 upto INR 100,000/-

    Depreciation Scale

    Age of Device from Purchase DateApplicable Depreciation
    Upto 90 Days 10%
    91 – 180 Days25%
    180 Days to 1 Year35%
    More than 1 Year50%

    Registered office address: Bharti AXA General Insurance Company Limited, First Floor, Hosto Centre, No. 43, Millers Road, Vasanth Nagar, Bangalore – 560052. Corporate Office Address: 19th floor, Parinee Crescenzo, ‘G’ block, Bandra Kurla Complex, Opposite MCA Club, Bandra (E), Mumbai – 400051. IRDAI Registration No. 139. CIN: U66030KA2007PLC043362. Email: Toll-free: 1800-103-2292. For more details on risk factors and terms and conditions, please read the sales brochure carefully before concluding the sale. For all other Terms and Conditions, please refer to policy wordings on

    Product name: Gadget Insurance Policy. Product UIN: IRDAN139RP0001V01202021. Trade Logo displayed above belongs to Bharti Enterprises (Holdings) Private Ltd. and AXA SA respectively and used by Bharti AXA General Insurance Company under license