Diwali 2023: innovative insurance offers to secure festive celebrations

With the onset of festive celebrations across the country, electronics retailers, lifestyle retailers and consumer brands have started offering attractive discounts and salivating offers, making it extremely difficult to control the urge to go shopping. While gold, smartphones, home decor and travel packages dominate consumer demands, it is safe to say that the idea of ​​insurance is not even closer to making the list.

Thinking about insurance right now may seem like a spoiler, but ultimately, wouldn’t you want to enjoy the holiday season with peace of mind? The only thing you need to do is simply review all your insurance policies. If you don’t have the essential covers to protect your celebrations, now is a good time to take some time to do your festive shopping and buy them.

Commenting on the need to have insurance cover during the festive season, Avinash Gaikwad, Chief Strategy Officer (CSO), Bimaplan, said, “Various insurance solutions can play a crucial role in safeguarding the festive celebrations. to come and protect us against unforeseen events that could disrupt the celebrations. festivities or cause financial losses.

A source of security advantages

Diwali is certainly a time that brings diverse communities together under a pool of unity, paving the way for a wave of joyful celebrations. At the same time, it is also the biggest festival of lights with several houses lit by lamps and people celebrating the festive spirit by burning firecrackers. Given the widespread use of firecrackers during Diwali, Gaikwad added, firecracker liability insurance can protect individuals and even businesses from accidents, injuries or property damage caused by firecrackers. “Therefore, Diwali businesses should only focus on the growth and financial preservation of their business, mitigating risks and liabilities arising from such adversities.

Invite positivity this Diwali with health insurance

As we continue to navigate the uncertainties of daily life, the holiday season is the one time that offers an escape from the monotony of our daily lives. In order to have a hassle-free festive experience, it is highly recommended to invest in health insurance that provides financial security to take care of medical emergencies arising from unforeseen circumstances and life-threatening accidents.

Gaikwad added, “We cannot ignore the basics i.e. health insurance schemes. Having comprehensive health insurance can cover medical expenses, hospitalization, emergency visits, and more. » So, by investing in family health insurance with a floater policy, you are not only safeguarding your family’s future but also that of the family. the next generations.

Investing in leisure with travel insurance

Travel increases during the holiday season. It is an opportunity for family and friends to come together, socialize, interact with each other and liven up the party. It is therefore strongly recommended to take out travel insurance. It can provide coverage against trip cancellations, lost baggage and medical emergencies while traveling,” he added.

In today’s busy professional and personal environment, there is no better way to express your love for your friends and family than by offering them travel insurance, which will allow them to experience a trip without clashes, creating memories they will cherish forever.

Elaborating further, Gaikwad said, “It is essential to carefully review the terms and conditions of these insurance policies to ensure they meet your specific needs. Additionally, seek advice from professionals or insurance brokers to help you choose the right coverage options for your Diwali celebrations.

Unlike an expensive pair of shoes or a new smartphone, this holiday season, treat your family to insurance coverage, something that will never go out of style and will be an invaluable asset in the long run. While a little splurge doesn’t hurt, this wise investment will reflect care and consideration and convey best wishes wrapped in a note of holistic well-being.

This article comes from Bimaplan, a leading B2B2C insurance startup helping to drive insurance adoption.