PhonePe launched a new insurance plan to provide coverage for firecracker-related accidents
22 Oct 2024
NewsPhonePe has introduced a new insurance package to cover accidents involving firecrackers throughout the festive season. This insurance package aims to shield consumers from the cost of hospital stays and unintentional deaths brought on by firecracker injuries.
With a reasonable price of ₹9 and coverage of up to ₹25,000 for ten days, this short-term insurance plan provides peace of mind throughout the Diwali festivities.
Beginning on October 25, 2024, consumers in India will be able to access PhonePe's recently launched firecracker insurance package. The coverage, which costs just Rs 9 (GST included), covers fireworks accident-related costs for ten days.
Users are eligible to get up to Rs 25,000 for hospital bills and medical care in the case of an accident. The PhonePe app is meant to make purchasing the insurance quick and simple; it takes less than a minute.
The family coverage offered by PhonePe's firecracker insurance is one of its best qualities. The policyholder and up to three family members—the spouse and two kids—are covered by the plan in addition to themselves.
With financial protection in place in the event of any firecracker-related mishaps, this guarantees that the whole family may enjoy the holiday season in safety.
To obtain coverage, users can follow the following steps:
1. Launch the PhonePe app, then select the Insurance section.
2. Choose "Firecracker Insurance" from the list of options.
3. Examine the plan specifics, which include a ₹9 payment and a coverage value of Rs 25,000.
4. Finish the payment and provide the required policyholder information to complete the transaction.