PhonePe launches domestic trip insurance with ICICI Lombard

Flipkart-owned digital payments platform PhonePe along with ICICI Lombard, the non-life insurance company launched ‘first of its kind’ travel insurance, domestic multi-trip insurance to provide a stress-free travel experience to customers by covering risks associated with all modes of travel within the country (road, rail and air within the country) from the time a customer leaves home, till the time of return.
The cost of the insurance is Rs 499/year.
It provides 365-day protection & covers all modes of transport.