Firecracker Accident Insurance: Is Special Coverage Available And How Much Does It Cost?

Diwali is just around the corner, with celebrations across India set for October 31st. The festival brings vibrant lights, beautifully lit diyas, and joy-filled decorations to every corner of the country. Among the many traditions of Diwali, bursting firecrackers has been a longstanding practice. However, firecrackers also bring a certain level of risk, and every year, accidental injuries are reported.

To address these concerns, PhonePe has introduced a special insurance plan specifically for accidents caused by firecrackers, offering protection and financial coverage during the Diwali season. Here’s everything you need to know about PhonePe’s firecracker accident insurance .

What is Firecracker Accident Insurance?

PhonePe’s Firecracker Accident Insurance is a short-term insurance plan created to provide financial relief for injuries sustained due to firecrackers. This insurance policy is valid for 10 days, offering coverage specifically around the Diwali period.

Under this plan, if a policyholder or their immediate family is injured by firecrackers, they are eligible for hospitalization coverage and accidental death benefits of up to Rs 25,000. The coverage includes the policyholder, their spouse, and two children.

What is the Premium for Firecracker Accident Insurance?

PhonePe’s Firecracker Accident Insurance is designed to be highly affordable. The premium for this 10-day policy is only Rs 9, making it accessible for individuals seeking peace of mind during the festival. This policy became active on October 25, and for those who buy it after this date, the coverage will begin from the date of purchase.

How to Purchase PhonePe Firecracker Accident Insurance

Purchasing the insurance is a quick and simple process via the PhonePe app. Here’s how to do it:

Open the PhonePe App: Log in to your PhonePe account.

Navigate to the Insurance Section: On the app homepage, find and tap on the Insurance section.

Select Firecracker Insurance : In the Insurance options, choose the Firecracker Insurance plan.

Review Policy Details: Read through the policy details to understand the coverage fully.

Enter Policyholder Information: Fill in the necessary information about the policyholder and dependents.

Make the Payment: After reviewing the details, proceed with the Rs 9 payment to activate the insurance.

With this quick purchase process, you can ensure that you and your family are protected against unexpected incidents during Diwali celebrations. Enjoy a safe and joyful Diwali with the peace of mind that PhonePe’s Firecracker Accident Insurance provides.