This risk underwritten accidental damage protection contract governs the support process for physical and fluid damages for under warranty smartphones (“Covered Equipment”) sold by its manufacturer’s official sales channels in India & in its original packaging.
The purchaser of the Covered Equipment whose name is mentioned on the original invoice is the Beneficiary. The purchaser’s spouse, children, parents and siblings or the recipient of the Covered Equipment as a gift can also be the user of the Covered Equipment subject to the fulfilment of the conditions mentioned in the terms and conditions here. If the purchaser is a company, Beneficiary shall mean any representative/employee of the company authorised to use the Covered Equipment
Maximum Covered Value is equivalent to the Sum Insured which is calculated as Depreciated Value of the device at the time of submitting the claim for availing protection as eligible under this Plan, less sum of total claimed amount during policy period. Claim limit is subjected to exhausting the applicable Sum Insured during the policy period of 365 days (1 Year). If the repair charges are more than the Sum Insured determined at the time of submitting the claim, the Beneficiary may choose to bear the differential price for obtaining the repair as determined by the Authorised Service Centre (“ASC”) of Servify, or receive the Covered Value as the complete settlement of the claim under this plan. The Beneficiary has to pay a Claim Processing charge of Rs.1000/- in case of repair OR settlement of claim during any claim event. Alternatively, if Beneficiary opts for reimbursement, when claim being assessed as Beyond Economic Repair then the applicable depreciated amount less the claim processing charges of Rs.1000/- will be returned to the beneficiary as settlement subject to beneficiary returning the original device along with its original accessories and original box to Servify. In case the accessories along with the original box are not received by Servify, there will be additional deduction of Rs 2000/- from the final settlement amount
Provided the Covered Equipment is handed over to Servify or its authorized channels in its entirety during the Claim Process & that the beneficiary has submitted the documents as desired under the Plan and have purchased the Covered Equipment from official sales channels of original manufacturers in India.
The following conditions would be covered. If the Covered Equipment:
In any action, suit or other proceeding where the risk underwriter or Servify alleges that by reason of the provisions of the exceptions or exclusions above, any loss, destruction, damage or liability is not covered by this Plan, the burden of proving that such loss, destruction, damage or liability is covered shall be upon the Beneficiary
|Age of the Covered Equipment||Depreciation Applicable|
|Upto 90 days from the date of purchase of the device||10%|
|Between 91 days – 180 days from the date of purchase of the device||20%|
|Between 181 days – 365 days from the date of purchase of the device||30%|
|Between 366 days – 456 days from the date of purchase of the device||50%|
|Between 457 days – 545 days from the date of purchase of the device||60%|
Beyond Economic Repairs (BER): If the Covered Equipment is Beyond Economic Repair, the applicable depreciated amount will be returned to you as settlement subject to you returning the original device along with its original accessories and original box to Servify. In case the original accessories and box is not received, there will be a deduction of Rs.2000/- from the final settlement amount.
for OnePlus 5
for OnePlus 5
for OnePlus 5
for OnePlus 5T