HDFC Ergo Launches 3-In-1 Insurance Plan to Protect Your Home and Expensive Gadgets

HDFC Ergo General Insurance has introduced a holistic 3-in-1 Insurance Plan that provides Home Insurance, Personal Accident Insurance, and E@secure Insurance under a single policy. The policy is now available on multiple platforms including web aggregators, online, and agents of the insurer.

The plan is designed to blend a number of benefits available under Home Insurance, Personal Accident Insurance, and E@secure Insurance to offer comprehensive coverage during difficult times at minimal premium amount of Rs. 8 per day, which is lesser than the cost of a cup of coffee!

The Home Insurance provides cover for electronics including television, washing machine, etc., and furniture and fixtures. E@secure protects the insured from cyber-attacks including phishing, identity theft, cyberbullying, e-extortion, etc. as well as provides end-to-end support for legal costs incurred for any of these crimes. Last but not the least, Personal Accident Insurance compensates the insured in cases of permanent disablement, and provides cover for accidental medical expenses, daily hospital cash, and mobility extension.

Despite 60% of the Indian landmass is prone to quakes and 8% to a cyclone, less than 1% of homes are insured in India. Despite three-digit growth in cyber crimes in India, the number of cyber insurance policies purchased remains low. Similarly, the percentage of people covered under a personal accident insurance policy is really low.

So, in order to bridge this gap, HDFC Ergo has introduced this insurance plan to offer coverage benefits ranging up to Rs. 20,50,000 to protect the policyholders against unforeseen damages.

Sharing his views on the event, the Executive Director and Chief Business Officer of HDFC Ergo General Insurance said, “We have always been cognizant of the new-age requirements of our consumers. In today’s demanding times, most consumers lack the time or inclination to assess multiple policies for covering various perils. HDFC ERGO has launched a 3-in-1 bundle insurance plan to serve as a single-umbrella, need-based solution for multiple risks. The plan is priced economically and is available across a vast distribution channel to ensure that a larger number of individuals are safeguarded, inclusively.”

HDFC Ergo General Insurance Company is the 3rd largest non-life insurer in the private sector across India. It is known for providing quality services to its customers. Like its other products, this will also offer hassle-free experience to the users.