CarePal
Damage Waiver
PlanEnjoy a worry-free rental experience with our damage waiver coverage. Get protection for accidental damage up to ₹25,000 and rent with complete peace of mind.
What's Covered?
Accidental Damages
Hardware/Software Issues
What's NOT Covered?
Damages due to Improper Usage
Theft, Burglary or Lost Items
Why Choose CarePal
Huge Cost Savings
In case accidental damage occurs, with CarePal's damage waiver, you avoid paying the full cost of the damage.
Peace of Mind
Renting high-value products can be stressful if unexpected damage strikes — but with CarePal, that worry is eliminated.
Instant Protection
Once opted in, your rental is automatically covered for accidental damage up to 50% of the product value, capped at ₹25,000.
How Coverage isCalculated?
Our damage waiver coverage is capped at 50% of the product value. The maximum damage waiver is ₹25,000.
For example, if you rent products with a purchase value
₹40,000
If you opt for CarePal, you get a damage waiver coverage of
50% of ₹40,000 =
₹20,000
Assume Damage Costs =
₹19,000 (< Coverage)
then you don’t pay.
₹0
Exceeding the Limit
In the unlikely event that damage costs exceeds your coverage amount,you are responsible only for the amount exceeding the cap.
Assume Damage Costs =
₹23,000 (>Coverage)
Then you only pay
₹23,000 - ₹20,000 = ₹3000
How it Works
