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Do You Know About Firecracker Insurance?

Especially in our country no celebration is ever complete without the use of firecrackers. But there is also a constant fear of accidents while use of firecrackers. To take care of such misfortune incidents you can invest in firecracker cover. This is a one-of-its-kind cover provided by leading lenders such as NBFCs. It provides cover against damages/ injuries or even death caused due to firecrackers.

Let’s take a look at its features and benefits - 

  • Get coverage of high value sum up to Rs. 1 lakh for your loved ones. This amount covers - loss of sight in both eyes, temporary or permanent injury to both hands and foot.
  • You can easily apply for the cover online by simply filling up an online application form available online. Next step is pay up the premium and you are done. It is also advised to discuss terms of the insurance with your Relationship Manager to be able to make an informed decision. 
  • It covers expenses incurred due to accidental hospitalization up to Rs. 2 lakhs and road ambulance charges up to Rs. 25,000.
  • It offers coverage for loss of income on a weekly basis up to Rs. 1,000. This is beneficial if you are a sole earner of your family or have experienced loss of income.
Related Read: Must Know Facts about Firecracker Insurance Cover

The eligible age for the cover is between 18 to 70 years. However, any hospitalization from an existing disability from a previous accident is not covered under this insurance. 
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