Every Diwali, hospitals and emergency services across India witness a surge in firecracker-related accidents. Diwali 2024 saw a 53 per cent increase in fire and emergency calls in Delhi compared to the previous year, according to Delhi Fire Services, while cities like Bengaluru and Chandigarh also reported a substantial rise in eye injuries and burn cases, many involving children and bystanders.
In an effort to address these recurring and preventable risks, CoverSure, a consumer-centric Insurtech platform that helps Indians understand their insurance needs, has announced the launch of Firecracker Insurance for this festive season. Priced at just Rs 5, the short-term plan provides protection against firecracker-related accidents, offering families a simple and affordable safety net to ensure Diwali celebrations remain safe and worry-free.
Recognising the need for short-term, accessible protection, CoverSure’s Firecracker Insurance offers coverage of Rs 50,000 for accidental death and Rs 10,000 for fire-related burns. This special Diwali protection plan offers ten days of instant coverage, which begins the day after the plan is purchased. Customers can purchase the policy on CoverSure platform, ensuring quick and affordable protection during the festive season.
Saurabh Vijayvergia, Founder and CEO of CoverSure, said: “Diwali is a time of joy and celebration, but it also comes with risks that families often overlook. Keeping safety in mind, we have introduced Firecracker Insurance to ensure celebrations remain worry-free. Traditionally, insurance in India has been a long-term product, leaving everyday risks largely unprotected. With Firecracker Insurance, we are showing that practical, affordable coverage can start at just Rs 5. At CoverSure, our focus is to build trust, raise awareness, and make insurance a part of everyday decision-making, not just a once-in-a-lifetime purchase.”
The plan reflects CoverSure’s broader mission to make insurance accessible for every Indian household. By offering products that address real-life risks, the company aims to bridge the gap between policyholders and protection, while supporting the national vision of ‘Insurance for All by 2047’. |
