Abhibus.com which is into the business of online bus ticket booking has entered into a joint venture with ICICI Lombard General Insurance Company Limited for providing a special travel insurance plan for the commuters buying ticket from Abhibus.com. This is the first of its type wherein bus travelers can take insurance policy.
The unique features of this plan are as under:
- Reimbursement of hospitalization cost on account of injury suffered during the bus travel, subject to a maximum of Rs. 1.50 lakhs;
- Personal accident cover for a maximum of Rs. 2 lakhs.
- Daily hospitalization allowance of Rs. 500 per day for a maximum of 7 days.
In order to avail the benefit of this policy customer needs to tick on “Buy Bus travel insurance’ option at the time of booking tickets online through Abhibus.com.
Mr. Sudhakar Reddy, Founder and CEO – Abhibus.com said that in partnership with ICICI Lombard, we are able to offer this unique product to our customers which will enable them to save their financial resources for medical expenses in case of any misfortune event.
Abhibus.com, having corporate office in Hyderabad, has more than 100 private bus operators in India, 2 in overseas and 4 State Transport Corporation. It is into the business of providing e-tickets, fleet management solutions, vehicle tracking system, and passenger information system and logistics management.
Mr. Sanjay Dutta, Chief – Underwriting and Claims – ICICI Lombard General Insurance
said that the company is always committed to give its customers differentiated product and services and that with the introduction of this plan bus commuters can avail host of insurance benefits related to bus journey including but not limited to reimbursement of hospital expenses, personal accident cover, daily allowance etc.