The festive season is full of joy and firecrackers, but it also brings a higher risk of accidents.
To help people celebrate safely, PhonePe has relaunched its Short-Term Firecracker Insurance Plan, which provides protection against accidents caused by firecrackers.
This insurance costs just ₹11 (including GST) and offers coverage of up to ₹25,000.
The plan is valid for 11 days, giving you both financial and health protection during Diwali and other festivals.
What Does the Insurance Cover?
The Short-Term Firecracker Insurance Plan includes coverage for:
Hospitalization expenses if admitted for more than 24 hours
Day-care treatment for treatments lasting less than 24 hours
Accidental death caused by firecrackers
Coverage for policyholder, spouse, and up to two children
How and When to Buy
Before October 12: Coverage will apply during the festive period.
After October 12: The 11-day coverage starts from the date of purchase.
Steps to Buy:
Open the Insurance section in the PhonePe app.
Select Firecracker Insurance.
Check the details and benefits.
Fill in your information and make the payment.
Why This Insurance Is Special
Most insurance companies in India offer micro-insurance for festivals, but few products specifically cover firecracker-related risks. PhonePe’s initiative is a unique step toward making festival celebrations safer for families.
