Amazon Pay has prolonged its automobile insurance coverage providers to achieve round 280 million automobile house owners in India.
The protection contains roughly 250 million two-wheeler customers and 30 million automobile house owners.
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The insurance coverage could be accessed via the Amazon app, in partnership with HDFC ERGO, ACKO and ICICI Lombard.
The providing is accessible nationwide, overlaying metropolitan areas in addition to tier two and tier three cities resembling Alwar, Bharatpur, Coimbatore, Gwalior, Jamshedpur, Jhansi, Kota, Sambalpur and Udupi.
Customers can get hold of quotes by offering their automobile registration quantity and select their desired protection degree earlier than finishing the acquisition digitally.
For 2-wheelers, no bodily inspection is required and insurance policies are issued inside minutes.
Claims are processed cashlessly at greater than 9,000 community garages throughout India, topic to the insurer’s phrases.
The platform permits customers to check premiums from completely different insurers and choose their most well-liked plan.
Prime members can entry unique reductions on premiums supplied by insurers.
Prospects can also go for further cowl choices as wanted.
Fee strategies embody Amazon Pay stability, UPI or saved playing cards.
Cashback is accessible via Amazon Pay.
Bought insurance policies are instantly accessible through the Amazon orders web page and are additionally despatched by e-mail.
Amazon Pay acts as a registered company agent for these insurance coverage merchandise and doesn’t underwrite the insurance policies itself.
Amazon Pay India CEO Vikas Bansal stated: “Amazon Pay strives to innovate for each Indian, simplifying lives and fulfilling aspirations by fixing for his or her cost and monetary wants.
“Our newest enlargement of the automobile insurance coverage portfolio is a direct reflection of that dedication. With greater than 70% of India’s registered two-wheelers uninsured, we’re centered on driving deeper insurance coverage penetration into tier two and tier three cities the place entry has been restricted.
“By partnering with India’s most trusted insurers to carry a complete cashless storage community, we’re not simply providing a service – we’re offering a essential security internet for thousands and thousands of street customers and serving to to construct a extra financially safe society.”
