Pocket Insurance on Bajaj Markets: The Safety Net for Income Loss [Business Wire India]

Pune, April 3 -- Bajaj 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 Covers36-50 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.About Bajaj Markets

Bajaj Markets, a subsidiary of Bajaj Finserv, and one of the fastest growing fintech in India, is a one-stop digital marketplace that offers multiple financial products across all categories - Loans, Cards, Insurance, Investments and Payments. Bajaj Markets has partnered with some of the most trusted names to offer choice to its customers and help them achieve their financial life goals.

Having started its journey as a fintech, Bajaj Markets has since then, built a very strong business as a techfin. Its technology services businesses are built on its core capabilities in consumer insights, technology and data analytics. Its first B2B SBU, Skaleup, has been created to become the leading digital technology services provider in India through deep domain expertise and execution capabilities.

Bajaj Markets has built a new business unit to become the preferred partner for digital technology initiatives across all group companies of Bajaj Finserv. Herein, the strategy is to align with digital technology roadmap objectives of all the group companies of Bajaj Finserv and offer digital technology services and platforms at market competitive rates.

Visit www.bajajfinservmarkets.in or download the Bajaj Markets app from Play Store or App Store. With Bajaj Markets, "Ab Choices Hue Aasaan". Published by HT Digital Content Services with permission from Business Wire India. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com