Bajaj Drone Insurance

Features of Bajaj General Drone Insurance

The key features of Bajaj General Drone Insurance include:

• Drone damage protection: Cover can be opted for physical loss or damage to the insured Drone.
• Multiple peril options: Coverage can include accident, theft, breakdown and burglary, depending on the selected cover.
• Personal Accident and Medical Expenses: Optional protection is available for the insured/authorised operator.
• Public Liability: Cover can be selected for liability arising from covered drone operations.
• Specialised extensions: Additional covers include cyber liability, invasion of privacy, night flying, BVLOS, transit and mysterious disappearance.

Bajaj General Drone Insurance: Inclusions

The policy provides coverage, subject to the options selected in the Policy Schedule, for:

• Accidental Damage: Physical loss or damage to the insured Drone arising from an Accident.
• Theft: Loss of the insured Drone due to theft.
• Breakdown and Burglary: These can be covered under the named-perils section.
• Public Liability: An optional extension is available for public liability.
• Operator Protection: Personal Accident and Accidental Medical Expenses covers are available for the authorised operator.
• Additional Drone Covers: Cyber Liability, Invasion of Privacy, Night Flying, Drone in Transit, BVLOS and Mysterious Disappearance covers are available as extensions, subject to the applicable terms and premium.

Disclaimer: This is not a complete list of inclusions. Coverage is subject to the options selected, Policy Schedule, terms, conditions and exclusions.

Bajaj General Drone Insurance: Exclusions

Key exclusions include:

• Wear and tear, deterioration, depreciation and freezing.
• Damage to payload equipment due to scratching, fogging or misting of lenses, except where arising from accidental damage as specified.
• Damage caused when the manufacturer's recommended lifting weight is exceeded with a payload attached.
• Mysterious disappearance or unexplained loss unless specifically opted as an extension.
• Consequential losses such as loss of profit, business interruption or loss of goodwill.
• Night flying and BVLOS operations unless specifically covered through the applicable endorsements.

Disclaimer: Please refer to the policy wording for the complete list of exclusions.

Bajaj General Drone Insurance: Claim Process

In case of loss or damage:

• The claim is assessed based on the applicable coverage and Policy Schedule.
• Where the Drone can reasonably be repaired, the repair/reinstatement cost is considered subject to the applicable deductible and Sum Insured.
• For a total loss or Constructive Total Loss, the payable loss is determined according to the policy's specified settlement basis.
• Bajaj General may, at its discretion, repair, reinstate, refurbish or replace the damaged Drone instead of making a cash payment.
• In the event of a total loss settlement, the insurer may retain the salvage.