Is PhonePe Offering Affordable Insurance for Firecracker Accidents This Festive Season?

Synopsis
Key Takeaways
- Affordable premium of Rs 11 for firecracker insurance.
- Coverage of up to Rs 25,000 for accidents.
- Protection extends to entire family under one policy.
- Easy online purchase through the PhonePe app.
- Coverage valid for 11 days during the festive season.
New Delhi, Sep 25 (NationPress) PhonePe has recently reintroduced its all-inclusive firecracker insurance plan, perfectly timed for the upcoming festive celebrations. This insurance provides complete protection against accidents related to firecrackers.
Available for a mere Rs 11 (GST included), this plan offers significant coverage of up to Rs 25,000 for a duration of 11 days during the festive season.
The aim of this initiative is to provide greater reassurance and security to consumers, allowing them to partake in the festivities with the knowledge that they have financial protection in the case of an accident.
As the festive season typically sees a surge in firecracker usage, PhonePe has revitalized its firecracker insurance offering to guarantee that families can celebrate with the utmost tranquility.
For just Rs 11, policyholders can secure coverage of up to Rs 25,000, which extends to their entire family—this includes the policyholder, their spouse, and up to two children—under a single policy. The coverage is effective for 11 days starting from October 12.
Policies acquired after this date will have coverage that lasts for 11 days from the date of purchase.
This plan is crafted to be straightforward, transparent, and easy to access.
Purchasing the policy takes less than a minute directly through the PhonePe app, covering hospitalization (beyond 24 hours), daycare treatment (under 24 hours), and accidental death.
Here’s how users can acquire this coverage on the PhonePe app:
Step 1: Navigate to the Insurance section on the PhonePe app and select Firecracker Insurance.
Step 2: Choose the plan details, which include a sum insured of Rs 25,000 and a fixed premium of Rs 11, along with the plan benefits.
Step 3: You will see the insurer’s information and a detailed breakdown of the plan benefits.
Step 4: Finally, fill in the policyholder’s information and click ‘Proceed to Pay’ to finalize the transaction.