ICICI Lombard partners with Flipkart to offer ‘Hospicash’ insurance

The e-commerce company Flipkart has partnered with ICICI Lombard to offer its customers the ‘Group SafeGuard’ insurance, a group health insurance policy. The ‘Group SafeGuard’ comes with daily cash benefits starting from Rs 500, and ‘Hospicash’ benefit for Flipkart consumers.

Study Material for all the upcoming Bank and Insurance exams in 2021: Bank Maha Pack

About the Hospicash:

  • The product will allow consumers to avail a payout for each day of hospitalisation.
  • The fixed daily amount will enable consumers to pay for incidental medical or emergency expenses.
  • The insurance is affordably priced, paperless, and flexible; covering both accidental hospitalisations or planned surgeries/treatment.

Important takeaways for all competitive exams:

  • Flipkart headquarters: Bengaluru, Karnataka.
  • Flipkart CEO: Kalyan Krishnamurthy.
  • ICICI Lombard CEO: Bhargav Dasgupta.
  • ICICI Lombard Headquarters: Mumbai.
  • ICICI Lombard Founded: 2001.

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