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PhonePe launches dengue & malaria insurance starting at Rs 59 per year

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PhonePe introduces secure loans in collaboration with multiple NBFCs
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DBT Bureau

Bengaluru, 2 December 2024

PhonePe on Monday launched a new Dengue and Malaria Insurance Plan on its platform, starting at just Rs 59 per year.

This health coverage plan offers comprehensive year-round coverage of up to Rs 1 lakh for medical expenses related to vector and air-borne diseases. This insurance cover also ensures users, especially in tier 2 and tier 3 cities, are financially protected against unexpected medical expenses caused by such illnesses throughout the year.

This plan offers PhonePe users extensive coverage against more than 10 vector-borne and air-borne diseases including malaria, dengue, chikungunya, filariasis, Japanese encephalitis, swine flu, bird flu, typhoid, pulmonary tuberculosis, and meningitis. The cover includes hospitalisation, diagnostics, and ICU stays.

Unlike other seasonal plans, the coverage with this plan is not limited to the monsoons. It extends throughout the year, ensuring that PhonePe users have access to year-round protection and continuous coverage, the company said in a press release.

Moreover, users can instantly purchase, manage, and file claims via the PhonePe app, with a 100% digital claims process, ensuring faster settlements. Even working professionals with access to corporate health insurance can choose to avail this coverage as it offers additional protection for more specific health risks.

Commenting on the launch, Vishal Gupta, CEO at PhonePe Insurance Broking Services, said, “At PhonePe, we are committed to making insurance accessible and affordable to all. The launch of this product is a testament to our commitment of offering our users comprehensive coverage round the year. Through this, we aim to empower our users to manage health risks effectively while eliminating financial barriers to quality care. Our goal is to provide tailor-made insurance solutions to underserved populations across the country by leveraging our expertise in digital distribution, thus ensuring peace of mind for millions of Indians.”

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