Summary:
"The concept of travel insurance was only associated with flight travel. We thought why not bring a product for domestic travel since so many people are traveling within the country. Pune: The city-based Bajaj Allianz General Insurance Company (BAGIC) has launched a policy aimed at covering people for their short or long-distance domestic tours.The premiums for these policies start for as low as Rs 5 for a single trip insurance. The company also provides 16 more add-ons to the domestic tour insurance, which it has christened 'Bharat Bhraman'.The sum insured for the plan ranges from Rs 50,000 to Rs 10 lakh. The company is also planning tie-ups with cab aggregators and tour operators to sell insurance through their portals..