Insurance for bus commuters for Rs 20

ICICI Lombard General Insurance Company and have come together to offer insurance cover to bus travellers for a premium payment of Rs 20.

“The premium for availing the insurance benefits for a one-way journey would be Rs 20 only, irrespective of the ticket price or itinerary,” a the private insurer said in a release.

In terms of insurance cover, the company will cover hospitalisation expenses up to Rs 1.5 lakh, while the cover for personal accident would be Rs 2 lakh. In addition, it will pay Rs 500 per day as a daily allowance (except for the first 24 hours) in case of hospitalisation for a maximum of 7 days, a company statement said.

Full report here Economic Times


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