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ICICI Lombard partners with Flipkart to offer 'Hospicash' benefit

Flipkart has partnered with ICICI Lombard to offer 'Group SafeGuard' insurance, a group insurance policy to its consumers

ICICI Lombard | Flipkart | Insurance

Press Trust of India  |  Bengaluru 

ICICI Lombard
ICICI Lombard

E-commerce company has partnered with to offer 'Group SafeGuard' insurance, a group policy to its consumers.

Compared to the standard indemnity health policies, Group SafeGuard is a benefit offering that allows consumers to avail a payout for each day of hospitalisation, a joint statement said on Wednesday.

The fixed daily amount enables consumers to pay for incidental medical or emergency expenses, it said.

"The is affordably priced, paperless, and flexible; covering both accidental hospitalisations or planned surgeries/treatment", the statement said.

With daily cash benefits starting from Rs 500, 'Hospicash' benefit under Group SafeGuard insurance will provide cover to consumers, it was stated.

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First Published: Wed, February 17 2021. 14:42 IST