New Delhi, Aug 25
Fintech major PhonePe has announced the launch of its latest home insurance product line, designed to offer homeowners a simple and affordable solution to protect their homes.
With premiums starting as low as Rs 181 (including GST) for coverage ranging from Rs 10 lakh going up to Rs 12.5 crore, buyers can insure both structure and contents of their homes, with the convenience of an end-to-end digital journey, directly on their PhonePe app.
Vishal Gupta, CEO at PhonePe Insurance Broking Services, said, “We believe India’s homeownership aspirations are larger than ever, and PhonePe is eager to be a part of that journey, backed by its expertise. We are committed to making insurance accessible and affordable for every Indian”.
“The launch of our new home insurance offering is a crucial step in this direction, empowering homeowners to protect their most cherished asset with complete ease. Our trusted solution represents the future of protection – comprehensive and affordable coverage, digitally accessible in minutes through the PhonePe app. We've built this to grow alongside India's ambitions, allowing customers to explore, and choose the right policy seamlessly online. We believe this will transform how consumers secure peace of mind for their homes, while eliminating financial barriers,” Gupta added.