Latest News | Housing.com Ties Up with Riskcovry to Provide Bundled Insurance Cover to Customers

New Delhi, Oct 11 (PTI) Realty portal Housing.com on Tuesday said it has tied up insurtech platform Riskcovry to provide insurance cover to customers who make online monthly rental payments through its platform.

In May 2020, Housing.com launched the 'Pay on Credit' platform on its mobile app to facilitate rent transfers through credit cards, debit cards and other digital modes. The platform allows users to transfer rent directly to their landlord's bank account and generate digital receipts instantly.

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On Tuesday, the company launched a new service 'Rent Protect Cover' in partnership with Riskcovry. The cover will provide a host of insurance benefits to its buyers at a premium of Rs 99 per month.

Housing.com customers can get insurance cover at the time of completing online rental payments.

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"The insurance will cover 15 critical illnesses up to Rs 2 lakh, a personal accident plan of Rs 1 lakh, and medical expenses of up to Rs 60,000 in case of accidental hospitalisation. The tenure of the insurance policy will be annual...," a statement said.

The premium will be embedded into the monthly rent payments workflow for customers of Housing.com.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)