This Diwali, PhonePe has introduced a special firecracker insurance plan to ensure the safety of users during the festive season. Available for just ₹9 (inclusive of GST), the plan offers coverage of up to ₹25,000 for firecracker-related accidents and covers up to four family members.
Key Details of the Firecracker Insurance Plan:
- Coverage Amount: ₹25,000
- Premium: ₹9 (inclusive of GST)
- Coverage Duration: 10 days, starting from October 25, 2024
- Coverage Includes: Policyholder, spouse, and two children
- Plan Provider: Bajaj Allianz General Insurance Co. Ltd.
How to Purchase:
- Open the PhonePe app and navigate to the Insurance section.
- Select the Firecracker Insurance option.
- Review the plan details and benefits.
- Fill in your information and complete the payment.
Coverage:
This plan protects users against firecracker-related accidents, including hospitalization and accidental death. Users can purchase it through the PhonePe app, and if bought after October 25, coverage will begin from the date of purchase.
Additional Information:
While PhonePe is offering this unique insurance, the Delhi Pollution Control Committee (DPCC) has enforced a complete ban on firecrackers in the National Capital Territory of Delhi until January 1, 2025.
PhonePe is a leading player in the UPI payments ecosystem, processing over 290 million transactions daily and providing diversified financial services like insurance, lending, and wealth management.
Stay safe and insured this Diwali!