Mahindra Insurance Brokers (MIBL) has tied-up with payments gateway firm Citrus Pay to provide a short-term automatic personal accident cover via mobile wallet.
The insurance company will offer Citrus Pay customers an automatic personal accident cover for a month against specified payment transaction made through mobile wallet.
"To qualify for a personal accident cover, designed for Citrus Pay customers, all that the customers need to do is spend a specified amount from their mobile wallet. Once the customer reaches the amount, they can simply avail the policy by sharing nominee details through an SMS or email," MIBL said in a release.
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