Chennai: With the lockdown ending and domestic travel gradually starting across the country, PhonePe, a digital payments platform, has announced the launch of a “comprehensive, industry-first domestic multi-trip insurance cover” in a strategic partnership with ICICI Lombard.
According to a press release, this product exclusively available for PhonePeusers, provides one of the most affordable annual insurance covers for unlimited trips.
This unique solution takes a leap forward from traditional travel insurance removing the need to insure every trip separately and will benefit both business and leisure travellers.
The new launch enables a stress-free travel experience for customers by covering risks associated with all modes of travel within the country (road, rail and air within the country) right from the time a customer leaves home till the time s/he returns.
For domestic travellers who may be worried about stepping out during the Covid-19 pandemic, this all-in-one insurance product offers a comprehensive bouquet of benefits that cover losses arising from trip cancellations, home burglary while travelling, missed connecting flights, lost baggage and more, it added.