India’s largest e-commerce platform, Flipkart has signed the deal with Digit Insurance that offers mobile protection plan to the user who buys smartphones on Flipkart’s platform. The sources stated that the initial price for the plans approximately set as INR 150.

The Mobile insurance has a zero depreciation feature which means the phone’s invoice value is Considered at the time of claim instead of its current market value. They have designed simple insurance claims process for customers while offering screen damage. If customers phone gets damaged, then they will get 20 percent of the invoice value of the phone.

Chief distribution officer at Digit Insurance, Jasleen Kohli said, “The beauty of this product is that it reduces the claim processing time drastically which adds to the convenience for the customers. ZERO bills required in this process which is otherwise a process full of frictions. Also, it makes sense for us as an insurance company, as it reduces our operational costs.”

Digital Insurance said that user does not need to download an application for the further access to the product, however, the policy gets activated from the moment the phone is delivered. The insurance cover associated with the phone’s IMEI number and the policy is valid across the world.

 

 

 

 

 

SHARE
Previous articleSoon, Microsoft Could Buy GitHub Approximately for $5 Billion
Next articleTencent, Geely Partners China Railway for Train Wi-Fi
Supriya has been the lead news writer at leading newspaper at San Francisco, CA. Supriya is a lively and engaging writer with strong news judgment and social media know-how. She covers Science, Automotive & technology sector and produce stories that include perspective and context for savvy, sophisticated readers. She has relationships with scientist, business owner and techies. Her news is published not just by going beyond the board meeting story but also following the people, trends and issues in respective sector.

LEAVE A REPLY

Please enter your comment!
Please enter your name here