Baggage Insurance Policy

Solutions for a Mixed Bag of Needs

Baggage Insurance Policy

Features & Benefits

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    While travelling can be a lot of fun, it does not discount the risks involved in it. Whether you’re travelling for business or for pleasure, travelling has its own set of risks that can range from your belongings in your luggage being damaged to the luggage being lost entirely. International or domestic, it is better to be safe than sorry. After all, baggage loss happens much more frequently than we’d like to believe, and brings along inconvenience as well as monetary loss. This is why you need to opt for the Baggage Insurance Policy by Liberty General Insurance before you travel.

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    Say goodbye to worries about baggage when you travel. If your baggage is damaged or lost because of the perils that are covered under this insurance, you will be compensated for the replacement or repair of the affected items.

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    Sum Insured

    The sum insured will be fixed based on the current market value of the items you are carrying in your baggage.

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    The amount of premium that you have to pay depends on the coverage and the sum insured.

  • Items declared for insurance and specified in the Schedule Image

    Items declared for insurance and specified in the Schedule

    'Money' includes cash, notes, cheques, postal orders and current postage stamps that are not part of a collection, and luncheon vouchers

    Market Value: The replacement value of an insured item as new, at the time of loss or damage, due to wear and tear, depreciation, and allowance for betterment.

For more comprehensive details of the insurance, you can read the policy wordings. *Terms & Conditions apply.​​


If you’re travelling anywhere in the world, at any time, you can utilize this policy.

For better understanding of the eligibility, please read the policy wordings.​​

Baggage insurance has a number of benefits, the most important of which are:

  • Reimbursement for medication, clothes, and other required items, if your baggage has been delayed in arriving at your destination.
  • Reimbursement is the luggage is stolen, lost or damaged during travels.

This baggage insurance policy provides coverage up to the intrinsic value of the baggage. As long as the baggage was accompanied by the owner, the policy will give compensation for the loss or damage of the baggage from any accident during travelling. It covers you whilst on holiday or tour, whether in India or abroad.

The main risks that are covered include:

  • Fire
  • Riot and strike
  • Burglary
  • Theft
  • Accidental damage

Some terms you should know:

  • "Intrinsic Value" is the reinstatement value of the insured property or item, minus the due allowance for betterment, wear and tear and/or depreciation.
  • "Sum Insured" is the Monetary Amounts as shown against the item/s insured.
  • "Period of Insurance" is the period between the commencement date and the expiry date of the policy.
  • "Contents" are the items declared for insurance and are specified in the policy’s Schedule.
  • "Accident" refers to a circumstance that pertains to sudden, unexpected, and/or unintentional damage and is not excluded in the policy.
  • "Family" is the primary insured person, their lawful spouse, and dependent children.

For a more exhaustive list of inclusions, please refer to the policy wordings.

This is a ‘named excluded perils’ policy, which means that there are specific ‘named’ risks that are not covered by this policy. Some of these risks are:

  • Spillage
  • War
  • Wear and tear
  • Civil commotion
  • Seizure, arrest, or detainment by the Government
  • Pilferage
  • Terrorism
  • Consequential loss
  • Deterioration arising from moth, vermin, insects or mildew

For a more detailed and exhaustive list of exclusions, please read the policy wordings.

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The Client has highly appreciated the inputs and report from Mr. Sudhanshu.
Its because of him we were able to convince the client to move to Liberty along with local sales support.​

Rohit Kapoor
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We find the report is very exhaustive in bringing out the risk exposures and the works the client has to carry out for risk elimination. Surely the client will be benefited by the suggestions you have put forth.​

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The contents of your newsletter are quite interesting and informative.

This will help in creating awareness in the industry about the loss prevention and good maintenance.

Thanks for the good work you are doing.​

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