PhonePe has relaunched its firecracker insurance plan ahead of the upcoming festive season. The policy is priced at ₹11 (inclusive of GST) and offers coverage of up to ₹25,000 for a period of 11 days.
The insurance is intended to provide financial cover against accidents caused by firecrackers. It includes protection for the policyholder, their spouse, and up to two children under one plan.
The coverage begins on 12 October 2025 and remains valid for 11 days. For policies purchased after 12 October, the 11-day cover begins from the date of purchase.
The plan covers hospitalisation lasting more than 24 hours, day-care treatment lasting less than 24 hours, and accidental death.
PhonePe users can purchase the insurance through the app in the following steps:
Step 1: Open the Insurance section on the PhonePe app and select Firecracker Insurance.
Step 2: Select the plan with a ₹25,000 sum insured and a fixed premium of ₹11.
Step 3: View insurer information and the detailed breakdown of plan benefits.
Step 4: Fill in the policyholder’s details and proceed to payment.
The plan is offered through the PhonePe app and is intended to be simple and accessible to users.
