As part of the insurance benefits, customers would be reimbursed for hospitalisation expenses due to injury suffered during the bus travel, personal accident cover and daily hospitalisation allowance.
To avail this benefit, consumers would need to simply tick the 'Buy Bus travel insurance' option while booking tickets on abhibus.com.
In terms of the insurance cover, the company will cover hospitalisation expenses upto Rs 1.5 lakh, while the cover for personal accident would be Rs 2 lakh. In addition, it will pay Rs 500 per day as a daily allowance (except for the first 24 hours) in case of hospitalisation for a maximum of 7 days.
Sanjay Datta, Chief - Underwriting and Claims, ICICI Lombard said, "With this unique product, bus commuters can now avail host of insurance benefits related to their bus journey which includes reimbursement of hospitalisation expenses, personal accident cover and daily hospitalisation allowance."
AbhiBus.com which is headquartered in Hyderabad is a service provider for more than 100 large private bus operators in India, 4 state transport corporations and 2 international operators.
Sudhakar Reddy, founder and CEO, AbhiBus.com said that one can suffer from injury due to unforeseen events during a bus journey, leading to formidable medical expenses.
"Availing the bus travel insurance policy from ICICI Lombard will help our customers avoid having to use their financial resources for medical exigencies," said Reddy.
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It is painful to find the exact amount of health insurance. What are various factors on which the cost of a travel insurance depends?
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