5m+ Telenor India users enrollment for free insurance scheme
Having a Telenor simcard n India? Are you one of the 47.78 million people (as per the reading of October) who uses Telenor among six operating circles?
You are absolutely free the benefit of an life Insurance cover, which will be a hundred times of the monthly recharge value and up to a maximum of Rs 50,000
by just spending on regular recharges with a small incremental value, but we hope you to be in 5 million plus customers who have already enrolled for this since start of this service in September for its existing 47.78 million as well as potential customers across its six operating circles. With this initiative Telenor India has fully aligned itself with the government’s agenda of financial inclusion for the masses.
Upanga Dutta, chief marketing officer, Telenor India said, “We have combined technology with financial security to market a product through our distribution channels. This reinforces our stand of bringing more value on every transaction.”
Industry estimates show that currently less than 7% of India’s population has an insurance cover of any type. The primary reasons for the low penetration are issues like lack of awareness, cumbersome enrollment process, cost of insurance and lack of trust. Lack of distribution network has also restricted insurance products becoming popular and pervasive. Telenor’s insurance scheme has been designed to address all these issues.
Telenor India has taken a promise to offer additional value, and make its propositions simple and fair for all customers. To ensure more value for money to our mass market customers, we have tied up with our partners to offer Insurance which is easy to get and simple to understand.
Customers can avail this service by calling customer call center or dial the self help menu *121# or opt-in for it by approaching any of the 2000 Telenor stores. For every recharge done by the customer, a 100X insurance cover will be provided to him. For customers availing this offer, there is no separate documentation required.
Telenor will work with Shriram Life Insurance and MicroEnsure to take the initiative to the masses. At each customer touch point, trained staff will be available to educate the customers and address their queries. In the unfortunate incident of death of a customer, the claim will be processed by submitting relevant documents like the death certificate, nominee id proof and the SIM card. The settlement will be done within seven days of submission of all relevant documents.
Let us know your thoughts over the free top-up insurance from Telenor. Cheers to this great marketing efforts thou 😀
Source : Economic Times