Amazon Pay has teamed up with Acko General Insurance Ltd to launch card and bike insurance that can be purchased easily without any paperwork and can be bought n less than two minutes. The e-commerce major is also offering special discounts and benefits to Amazon Prime members.
This newly launched feature is coupled with services like hassle-free claims with zero paperwork, one-hour pick-up, 3-day assured claim servicing and 1 year repair warranty – in select cities, as well as an option for instant cash settlements for low value claims, making it beneficial for customers.
For making payments customers can pay using Amazon Pay balance, UPI, or any saved card and the policy will be in their email inbox in less than 2-minutes. A copy of the policy can also be downloaded from Your Orders page.
Commenting on the launch Vikas Bansal, Director & Head of Financial Services Amazon Pay India said “Our vision is to make Amazon Pay the most, trusted, convenient and rewarding way to pay for our customers. Delighted by this experience, there has been a growing demand for more services. In line with this need, we are excited to launch an auto insurance product that is affordable, convenient, and provides a seamless claims experience”.
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Varun Dua, CEO, Acko General Insurance said “We are happy to partner with Amazon Pay to offer an auto insurance proposition that has been designed with the customer at the centre. Through this product we aim to deliver a superior consumer experience right from purchase to claims by making it more affordable, accessible and seamless. This launch also marks an important milestone in our successful partnership with Amazon and we are excited about the journey ahead.”