PhonePe Insurance- Good news for PhonePe users. PhonePe, a giant in the digital payment sector, has launched a special plan on the occasion of Diwali. The company has launched firecracker insurance. It will be available for just Rs 11. It includes coverage up to Rs 2500. The validity of this plan is 11 days.

The company has re-launched this insurance plan. This plan covers the policyholder as well as the spouse and up to two children. There is a possibility of any untoward incident while bursting crackers on the occasion of Diwali. In such a situation, firecracker insurance will provide insurance cover to you and your family. According to a report, for those who purchased policies before October 12th, coverage will be valid until the festive period that begins on that day. Policies purchased after that date will be valid for 11 days from the date of purchase.

This policy provides financial support for firecracker-related accidents. If an accident requires hospitalization for more than 24 hours, the expenses are covered. Daycare treatment, meaning treatment for less than 24 hours, is also covered. Most importantly, if a firecracker-related accident results in death, the insurance benefit is available. Along with the joy of Diwali and other festivals, your pocket and health will also receive insurance protection.

Know how to buy firecracker insurance plan

1 – If you want to buy an insurance plan, first you have to visit the PhonePe app.

2. Then open the Insurance section. Then go to Firecracker Insurance.

3 – Now see the details and benefits.

4 – Fill in the required information and make the payment.

5 – Within a few minutes the policy will be activated in your name and you can remain assured during the festivals.

Demand for micro-insurance products is growing during the festive season, addressing small risks. Digital companies like PhonePe are rapidly advancing this initiative. While several platforms have previously offered short-term health and accident policies, plans specifically focused on firecracker safety remain limited. PhonePe’s initiative could prove to be a unique initiative to increase public awareness and ensure a safer festive season.