Amazon joins arms with Acko to provide auto insurance coverage in India


Through: PTI | New Delhi |

Up to date: July 23, 2020 4:25:49 pm

Uber Eats, Amazon India, Amazon, San Francisco, Uber, Swiggy, Zomato, Zomato Gold, Amazon Restaurants Amazon joins arms with Acko to provide auto insurance coverage in India (Symbol: Reuters)

Amazon Pay on Thursday stated it has tied up with Acko Normal Insurance coverage Ltd to provide two- and four-wheeler insurance coverage insurance policies in India.

Amazon Pay, which is the bills unit of Amazon India, will lend a hand consumers acquire insurance coverage easily, and Amazon High contributors gets additional advantages together with further reductions, a commentary stated.

Shoppers should purchase auto insurance coverage from Amazon Pay web page, Amazon app or cell web page and they may be able to get a quote for his or her automobile or motorcycle’s insurance coverage via offering elementary main points, it stated.

On this fast paperless insurance coverage plan, consumers can get hassle-free claims with 0 bureaucracy, one-hour pick-up, and three-day confident declare servicing and one-year restore guaranty in make a selection towns.

Policyholers may even have an choice for immediate money settlements for low worth claims, making it really helpful for purchasers.

Moreover, consumers can make a selection from an inventory of add-ons like zero-depreciation and engine coverage and they are going to be capable to pay for the insurance coverage the usage of Amazon Pay steadiness, UPI, or playing cards, the commentary stated.

“Our imaginative and prescient is to make Amazon Pay probably the most relied on, handy and rewarding option to pay for our consumers. Overjoyed via this enjoy, there was a rising call for for extra services and products. In keeping with this want, we’re excited to release an auto insurance coverage product this is reasonably priced, handy, and offers a unbroken claims enjoy,” Amazon Pay India Director and Head of Monetary Services and products Vikas Bansal stated.

Varun Dua, CEO of Acko Normal Insurance coverage, stated the corporate goals to ship a awesome shopper enjoy proper from acquire to claims via making it extra reasonably priced, obtainable and seamless during the partnership.

Acko, which has raised investment from Amazon, Accel, SAIF and Binny Bansal, has catered to over 55 million distinctive consumers over the past 24 months.

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