OTHER GROUP COMPANIES
market

Abhibus.com partners with ICICI Lombard

This is the first time in India that bus commuters can take benefit of an insurance policy specifically designed for domestic bus travel.

July 30, 2013 4:48 IST | India Infoline News Service
One of India’s fastest growing online bus ticket booking websites, Abhibus.com has partnered with ICICI Lombard General Insurance Company Ltd. To announce a unique travel insurance policy for bus commuters purchasing tickets from Abhibus.com.
 
This is the first time in India that bus commuters can take benefit of an insurance policy specifically designed for domestic bus travel. As part of the insurance benefits, customers would be reimbursed for hospitalization expenses due to injury suffered during the bus travel, personal accident cover and daily hospitalization allowance. To avail this unique benefit, consumers would need to simply tick the 'Buy Bus travel insurance' option while booking tickets on abhibus.com In terms of the insurance cover, the company will cover hospitalization expenses upto Rs. 1.5 lacs, while the cover for personal accident would be Rs. 2 lacs. In addition, it will pay Rs. 500 per day as a daily allowance (except for the first 24 hours) in case of hospitalization for a maximum of 7 days.
 
AbhiBus.com which is headquartered in Hyderabad is a service provider for more than 100 large private bus operators in India, 4 state transport corporations and 2 international operators. It also provides e-ticketing systems, fleet management solutions, vehicle tracking systems, passenger information systems, logistics management and customized solutions.
 
Speaking on the occasion, Mr. Sudhakar Reddy, Founder and CEO, AbhiBus.com said, "We believe that with this unique partnership with ICICI Lombard, we have been able to offer a unique and relevant benefit to our bus commuters. One can suffer from injury due to unforeseen events during a bus journey, leading to formidable medical expenses. Availing the bus travel insurance policy from ICICI Lombard will help our customers avoid having to use their financial resources for medical exigencies."
 
 
Commenting on the tie-up, Mr. Sanjay Datta, Chief - Underwriting and Claims, ICICI Lombard General Insurance Pvt. Ltd. said, "We are delighted to have partnered with Abhibus.com to offer this unique insurance policy for bus travel. Being the largest private sector General Insurance company in India, it has always been our endeavour to be at the forefront in terms of introducing differentiated products and services for our esteemed customers. With this unique product, bus commuters can now avail host of insurance benefits related to their bus journey which includes reimbursement of hospitalization expenses, personal accident cover and daily hospitalization allowance."

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account
  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity