PhonePe Launches Home Insurance Policies Starting at Rs.181
that cover up to 20 different risks, including fire, flood, and earthquake.
Customers can choose coverage ranging from Rs. 10 lakh to Rs. 12.5 crore.
Affordable Premiums
The policies start at an annual premium of just Rs. 181 (inclusive of GST), with
the cost varying based on the chosen coverage amount.
Recognised by Banks and Lenders
PhonePe confirmed that these home insurance plans will be accepted by all banks and
lending institutions as valid coverage for home loans.
Easy Access
Customers can purchase and manage their policies directly through the PhonePe app,
making it a convenient and fully digital process.
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