Tata Docomo, the unified telecom brand of Tata Teleservices Ltd. (TTSL) announced today the launch of free accidental death insurance benefit up to three lakhs for its existing and new pre-pay GSM customers in Mumbai circle.
To avail this free insurance benefit, customer has to do a recharge of Rs 107, which will give discounted tariff, Talk time benefit & VAS service along with free accidental Insurance for one year. To ensure continuity of free benefit under the policy, a customer has to do a cumulative recharge of Rs. 200 every three months. This free insurance policy will provide financial security up to the sum insured to the families in case of an unforeseen accidental death and permanent total disability to the customer depending on the terms and conditions of the policy.
To bring this one of its kind product, Tata Docomo has partnered with Edelweiss Insurance Brokers Ltd. to customize the free accidental death insurance policy for its customers. The insurance cover provides additional benefits like 20% of personal accident claim or actual medical expenses of ?15,000, whichever is lesser.
Elaborating on this latest offering from Tata Docomo, Mr. Aditya Gupta, Head-Mobility Business Unit, Tata Teleservices Maharashtra Limited, said, “Customer centricity lies at the core of our business philosophy. We constantly endeavor to delight our customers with innovation in our products and services. And, we are glad to announce the accidental death insurance for our customers in Mumbai - a city which never stops, almost everyone is constantly ‘on the go’ here. Our idea is to offer our customers a simple way to insure their lives by staying connected through Tata Docomo.”
Speaking on the partnership with Tata Docomo, Mr. Vinay Sohani, Head – Edelweiss Insurance Brokers Ltd, said, “We are proud to be associated with Tata Teleservices a reputed leading telecom player in India. We have arranged/customised the accident insurance policy as per different plans decided by TTML in their overall propositions. By offering this unique benefit policy, a financial security upto the sum insured decided will be provided to the families of TTML customers in case of unforeseen accidental death and permanent total disability to the customer depending on the terms and conditions of the policy. The general insurance penetration is bound to reach to the masses through this offering.”
The insurance policy can be activated through a simple mobile registration process. The policy details can be viewed on the customised website.