Amazon Pay partners with Acko General Insurance Ltd

Published on July 26, 2020

Current Context: Amazon Pay (Payment unit of Amazon India) has partnered with Acko General Insurance Ltd to launch vehicle insurance.
Amazon Pay partners with Acko General Insurance Ltd
  • Under this partnership, customers will now be able to purchase two-wheeler and four-wheeler insurance policy in less than 2 minutes with no paperwork.
  • Features of vehicle insurance policy are zero paperwork, one-hour pickup, 3 day assured claim servicing, one-year repair warranty, instant cash settlements.
  • Customers will be able to purchase vehicle insurance via Amazon pay page. Here they can select options like add-ons like zero depreciation, engine protection etc.
  • The customers will be able to make insurance payments through Amazon Pay balance, UPI or cards.
  • Static Part: 
    • HQ of Amazon Pay: Seattle, Washington DC, United States
    • HQ of Acko General Insurance Ltd : Mumbai

Question: 

Q.1 With which insurance company, Amazon Pay has partnered to offer vehicle insurance?
a. IFFCO Tokiyo General Insurance
b. Bajaj Allianze General Insurance
c. Acko General Insurance Ltd
d. HDFC Ergo General insurance

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