The designer clothes in your wardrobe come with an expensive price tag, and along with their rarity, it makes them significantly exclusive.
Hence, any damage or theft of your dress can cause various inconveniences, the monetary loss being the most significant of all. As a result, buying another one would not be applicable as the designer clothes are mostly manufactured as a one-piece of apparel.
To mitigate such unforeseen financial loss, you can purchase a wardrobe cover that will provide you with financial assistance in case of an emergency.
Features of designer clothes insurance cover
A designer clothes insurance policy has a broad list of benefits to offer. The features of the insurance policy are discussed below –
- Standard fire protection
Your designer clothes insurance policy provides coverage against under specific conditions such as fire, explosion, strikes, or riots, etc. Also, you are secured under situations of natural calamities such as lightning, damage caused by animals, vehicles, earthquakes, cyclones, etc.
To benefit from a higher insured amount for your insurance policy, you can opt for a reputed insurance aggregator, Bajaj Finserv offering Pocket Insurance & Subscriptions including the Designer Clothes Insurance policy which provides financial protection up to Rs.50,000 along with multiple terms of coverage.
- Accidental damage cover
Insurance for designer clothes cover the repairing costs of your apparel during accidental damage.
Individuals who have purchased insurance plans should note that under such conditions, they will be extended with the amount as printed on the purchase-invoice/bill of their designer dress.
In case it is your wedding dress in question, you can purchase a wedding dress insurance policy as well, which will financially safeguard your custom-tailored clothing from such damages. The plan also covers your wedding garment from the perils mentioned in the point earlier.
- Theft and robbery cover
Considering the fact that designer clothes are intricately designed, they are highly expensive as well. Hence, robbery or theft of such a costly dress can push you into agitations. Nevertheless, a wardrobe cover can save you from financial loss.
Make sure you fulfil the required criteria for insured places (preferably, your home), from where the burglary can happen. On fulfilling the same, your application for an insurance claim will be approved.
Benefits of purchasing a wardrobe cover
Besides a broad coverage under such insurance policies, you are likely to reap the following benefits if you are buying wear insurance online –
- A higher insured sum that will aid in mitigating the monetary loss due to damage or loss of your designer dress.
- Multiple payment options through net banking, debit/credit card, UPI, mobile wallet, etc. while paying the premiums towards your insurance policy.
Above all, when you purchase designer clothes insurance online, ensure you are aware of the prerequisites of the policy to be able to make the most of such a plan.
In case you own a designer or expensive handbag to complement your dress, you can financially secure it with a dedicated insurance policy. A handbag insurance policy provides financial protection against damages caused to your designer accessory with a higher insured amount. It also covers theft and loss along with the contests inside the handbag, like PAN card, debit cards, credit cards, etc.
Keeping your valuables protected can be often troublesome, mainly if it is designer clothing. Damages are unforeseen, and to mitigate those inconveniences, having a wardrobe cover can prove to be highly beneficial. It provides comprehensive protection to your apparels without affecting your current financial condition.
