Page 49 - Insurance Times July 2023

businesses to withstand turbulence and uncertainties. Our for enterprises and their distributors, retailers, and suppliers,
new insurance solutions are specifically designed to fostering growth and ensuring stakeholder wellbeing.
empower MSMEs with a wider suite of products, a more
comprehensive cover for property related risks and Furthermore, aligning with its vision of creating an inclusive
convenience of bundled offering in a singular plan. On this and diverse ecosystem, ICICI Lombard has enrolled its
Intl MSME Day, we wholeheartedly celebrate and salute the women agents for MSMEs in an exclusive tailor-made
entrepreneurial spirit of this vibrant community.” program. This program includes webinars on insurance and
financial literacy, based on the company's report findings,
As an insurer, ICICI Lombard understands the nature of risks to build awareness among women and showcase the
that a small or medium business enterprise faces. Keeping benefits of insurance policies. ICICI Lombard is committed
in mind the smaller turn-around time, higher dependency to fostering an inclusive environment for its employees,
on liquidity and the immediate nature of threats, ICICI customers, agents, and channel partners.
Lombard has also developed a unique service for MSMEs and
start-ups, offering settlement offers for admissible property MSME is a sector that is poised for further and inclusive
and marine claims up to INR 5 lakh within ten working days. growth propelled by the support from the Govt and the
This facility is powered by state-of-the-art AI and big data various schemes and with the backdrop of Atmanirbhar
analytics, ensuring a seamless claims process. Taking the Bharat. ICICI Lombard is poised towards helping the last mile
beacon ahead, the insurer also partnered with Actyv.ai, a support to this promising sector by enabling research &
SaaS to provide seamless access to group insurance options innovation-backed financial products.

Safeguard Your Smartphone through Bajaj Finance with Mobile
Protection Plans

The mobile phone market in India is filled with an array of protection plan can save you from this expense.
the latest devices from top brands. These latest smartphone
brands come equipped with cutting-edge features and Mobile protection plans offered through
technologies that cater to the needs of a wide range of users.
Bajaj Finance
Mobile Insurance There are mobile protection plans available at the Bajaj
The pricing for smartphones is considerably high and any Finance Insurance Mall that offers coverage against
damage to the device can cause an additional hole in the accidental or liquid damages to your mobile device. To
pocket. Apart from that, there is always a fear of theft or protect your mobile phone from damage and theft, you
misplacing your mobile device, which can further lead to an should consider getting the CPP Mobile Protect or the CPP
unexpected financial burden. In circumstances like these, a Fonesafe Lite plan. Given below are details about these
mobile protection plan comes handy and can save you from plans:
any such unexpected loss. These plans are available to CPP Mobile Protect: The annual premium for the plan
protect your phone against the cost of damage or theft to starts at Rs. 1,212. It provides coverage against
your device. accidental and liquid damage to the display of your
device. You can also get a temporary smartphone
Benefits of smartphone protection plans delivered to your doorstep across select cities in India
A mobile protection plan is not mandatory. However, to save (up to a maximum period of 7 days) in case of mobile
yourself from bearing the expenses of unexpected damage theft. The plan covers up to 100% invoice value of your
to your device, these plans can be extremely beneficial. device and offers complimentary annual subscriptions
Given below are the key benefits of opting for a mobile to OTT platforms like ZEE5, SonyLiv, and Gaana Plus.
protection plan:
CPP Fonesafe Lite: This plan starts at Rs. 649 and gives
It provides financial coverage against the theft of your
coverage against electrical or mechanical breakdown of
mobile device. your mobile display. The benefits under this plan can be
The cost to repair a mobile phone due to accidental or availed twice a year and it also provides entertainment
liquid damage can be very expensive. A mobile benefits, such as an annual subscription to ZEE5.

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