Digit Insurance cover for domestic travellers for COVID-19, facilitated by SpiceJet

• First-of-its-kind tie-up with an airline in India to offer a medical insurance cover for hospitalization due to coronavirus
• Covers expenses from hospitalization due to positive diagnosis of COVID 19 up to ₹ 3 lakh
• Premium starting from ₹443
• Claim process offered by Digit is completely “Zero-Touch” enabled by Audio Claims, Soft-copy Document submission & 24*7 customer care assistance

Bengaluru, 13 July 2020: Go Digit General Insurance Limited, one of the fastest-growing general insurance company in India, has joined hands with SpiceJet, the country’s favourite airline, to offer insurance cover for COVID 19 hospitalization which can be availed by SpiceJet’s passengers, – a first-of-its-kind tie-up with an airline in India. This insurance offers a cushion against COVID-19, in case of positive detection and hospitalization for the same.

Key highlights:

• Passengers can opt for the insurance cover ranging between ₹50,000 to ₹3,00,000 at a premium for starting from ₹443 to ₹1564 a year (including GST).
• The insurance covers hospital expenses and pre and post hospitalization expenses for 30 and 60 days respectively.
• Covers hospitals (private, government, army), tests, medication & consultations as recognized by Government upon testing positive for COVID-19
• Offers No limit on ICU or room rent charges until the insured sum lasts
• Digit offers a completely “zero-touch” enabled by Audio Claims, Soft-copy Document submission & 24*7 customer care assistance 

Jasleen Kohli, Chief Distribution Officer, Go Digit General Insurance Limited, said, “Our mission at Digit is to simplify insurance & to create products that customers really need. Given, the current global situation, offering a cover for COVID-19 was the need of the hour and we are glad that SpiceJet shares this vision with us, especially now that domestic travel has been opened. The product covers not just hospitalization expenses including ICU Rent & Room Rent but also Pre/Post Hospitalization & Ambulance Charges for a positively tested COVID-19 patient. The idea is to handle these unpredictable times in the best way possible, through simplified insurance as an instrument.”

Ajay Singh, Chairman & Managing Director, SpiceJet, said, “The health, well-being and safety of our passengers is our topmost priority and this medical insurance cover that we have facilitated is certainly relevant for the current times. It will further boost the morale of our passengers to travel freely and frequently. The insurance cover is not only very affordable but is also valid for a one-year period. I would also reiterate the fact that air travel was and remains the safest mode of public transport and we have not seen a single case of transmission of the coronavirus on a SpiceJet flight.”

With India becoming the world’s 3^rd highest affected nation, this cover offers confidence and financial safety to airline travellers.

About Digit:

Go Digit General Insurance Limited is a new-age general insurance company started by Kamesh Goyal and backed by the Fairfax Group, one of the largest financial services groups in the world. The company has raised three rounds of funding amounting to $140 million from Canadian billionaire Prem Watsa’s Fairfax Financial Holdings and $84 million from three growth equity investors - A91 Partners, Faering Capital and TVS Capital. This combined investment has brought its total funding to $224 million.

Headquartered in Bengaluru, Go Digit General Insurance Limited has partnered with some of the leading companies like Cleartrip, Sterling Holidays, SOTC and Policy Bazaar. It has recently won, ‘General Insurance Company of the Year 2019’ award at Asia Insurance Review Awards, Singapore. During the ongoing pandemic, it has been able to service a number of commercial and industrial establishments and secured their employees, customers, through relevant health insurance solutions. It has also featured in the Top 25 Indian Startups Lists by Linkedin in 2018 and 2019 and was in CB Insights’ top 250 fastest growing fintech companies globally list in 2018. 

About SpiceJet Ltd

SpiceJet is India’s favourite airline that has made flying affordable for more Indians than ever before. The airline has a fleet of 82 Boeing 737, 29 Bombardier Q-400s, eight B737 & Bombardier Q-400 freighters and is the country’s largest regional player operating 49 daily flights under UDAN or the Regional Connectivity Scheme. The majority of the airline’s fleet offers SpiceMax, the most spacious economy class seating in India.

The airline also operates a dedicated air cargo service under the brand name SpiceXpress offering safe, on-time, efficient and seamless cargo connectivity across India and on international routes.