Hotline: 1800 102 2007
X
Search Business Opportunities
May, 21 2019

MobiKwik to Launch Insurance Products for Household Goods

MobiKwik partners with ICICI Lombard for implementing this instant policy which requires no paperwork and inspection.

A famous and renowned name in the fintech industry, MobiKwik hs launched an insurance product to secure household products and goods. MobiKwik will be securing the contents of one’s home through its new services, safeguarding them from mishaps.

MobiKwik partners with ICICI Lombard for implementing this instant policy which requires no paperwork and inspection. The policy is being offered to the needy within 10 seconds at a premium pricing of Rs 25 per month for a sum assured of Rs 2 lakh.

MobiKwik’s new policy covers the entire home contents regardless of being an owned or rented property.

Upasana Taku, Co-Founder, MobiKwik says, “MobiKwik has pioneered sachet-size microinsurance in India by curating combination products at affordable prices and making them accessible to millions of Indians. The launch of the Home Insurance product is in sync with this strategy. The insurance journey is 2-clicks, fully digital, self-serve with the policy getting issued instantly on the MobiKwik app.”

Bikram Bir Singh, Insurance - business head MobiKwik, further added, “By putting users at the center, and by leveraging data science and technology, MobiKwik intends to bring insurance products that provide comfort and functionality to users. We work with insurance partners to deliver customized products for different segments of users. This home insurance product was launched in partnership with ICICI Lombard and the company has already sold 1500 policies.”

Comment
image
Related opportunities
  • Pizzeria
    Bon Pizza is an opportunity to start your own business by..
    Locations looking for expansion Gujarat
    Establishment year 2013
    Franchising Launch Date 2014
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Others Food Service
    About Us: Dhaba Cafe is a complete food hub with two..
    Locations looking for expansion Madhya pradesh
    Establishment year 2008
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya pradesh
  • About Us: Planning for a low cost business to start? SQAC..
    Locations looking for expansion Goa
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North Goa Goa
  • Quick Service Restaurants
    About Us: Pune’s most authentic South Indian Restaurant since 2014!! Founded in..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities