Airtel Funds Financial institution prospects can now purchase smartphone insurance coverage from ICICI Lombard Basic Insurance coverage Firm on the Airtel Thanks app. With this, Airtel Funds Financial institution has additional strengthened its insurance coverage providing out there on its digital platform. Clients can now purchase insurance coverage by a quick, paperless, and safe digital course of, stated the ICICI Lombard press launch as we speak.
With the rise in digital adoption, good gadgets, notably smartphones, have seen a multi-fold improve in demand. The smartphone insurance coverage answer from ICICI Lombard supplies monetary safety in opposition to harm to the cellphone and its display screen ensuing from accidents or liquid spills. As a part of this smartphone insurance coverage, prospects can file as much as two claims in the course of the coverage interval, and it additionally consists of free pickup & supply, making it a novel providing available in the market, the insurance coverage agency claimed.
With a month-to-month premium beginning at ₹1299, prospects can get an insurance coverage sum that’s equal to the acquisition worth of their smartphone. Clients can get this insurance coverage on their very own till ten days after buying a smartphone priced between ₹10,000 to ₹100,000. After submitting smartphone particulars, the insurance coverage is robotically issued and not using a machine well being examine. The connectedness that smartphones enabled in the course of the pandemic will make this machine insurance coverage extra useful to people than ever earlier than.
Sanjeev Mantri, government director, ICICI Lombard stated, “There are over 750 million smartphone customers at the moment in India and this quantity is more likely to attain 1 billion by 2026 representing a burgeoning alternative and big potential for a product like smartphone insurance coverage. We’re excited to accomplice with Airtel Cost Financial institution to supply a safety plan that can present prospects with extra safety within the case of unintended harm or theft to their smartphones and encourage them to go for such insurance coverage insurance policies.”
Ganesh Ananthanarayanan, chief working officer, Airtel Funds Financial institution, stated, “In as we speak’s digital age, a smartphone is our lifeline. From connectivity to pictures to banking, smartphones as we speak assist us with nearly something. Its restore value is often very excessive, and thus we have to defend it proper from the start.”
Retaining person expertise at its core, the corporate additionally gives tech-driven options such because the ‘IL TakeCare App’ the place prospects can buy insurance policies, handle claims, and renew insurance policies seamlessly. Moreover, the corporate gives its prospects the choice to purchase insurance coverage by totally different channels at their comfort.
Supply: Live Mint