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MobiKwik launches digital insurance, targets 1.5 million policies by end of this fiscal

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21.11.2018

Gurugram-based financial services startup MobiKwik on Wednesday announced that it will be providing digital insurance to users on the app.

This is the third big launch in the financial services domain by MobiKwik this year, after the launch of ultra-short instant loan offering in partnership with Bajaj Finserv, and the launch of the digital gold category in October.

With digital insurance, MobiKwik has launched sachet sized products that will cater to a mass customer base across the country. The product will allow users to buy insurance of Rs 1 lakh for as low as Rs 20, for a period of one year.

Bipin Preet Singh, Founder & CEO, MobiKwik

MobiKwik users will now be able to choose and purchase from a range of life insurance and general........

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