Accident cover: ICICI Lombard ties up with Vega helmets

“The aim of the tie-up is to provide double safety and security to the customer through helmet and personal accident insurance cover. Personal accident insurance cover provides accidental death benefit along with sum assured ₹1 lakh, and the cover is applicable worldwide, ICICI Lombard General Insurance said in a statement.

The intention to use public transport is lowest among urban Indians, with almost half (49%) saying they will use public transport less in the future, the insurer said, citing the YouGov International Automotive Report 2021.

The demand for personal mobility has increased manifold, and is projected to encourage more purchases of two-wheelers. The rising number of two-wheeler riders coupled with India’s high road accident statistics indicate an emerging safety risk.

Sanjeev Mantri, Executive Director, ICICI Lombard said, “In today’s world of myriad uncertainties, insurance cover has become more important than ever. A personal accident cover embodies this exact spirit and in the event of an untoward incident, the insured and their Provides a financial security blanket to loved ones. This association takes us one step closer towards ensuring the personal safety of an individual.”

Girdhari Chandak, Managing Director, Vega Helmets, said, “Vega has been the preferred choice for many bikers and two-wheeler riders, providing them with safety and quality for over three decades. We are delighted that through our association with ICICI Lombard General Insurance, we have been able to protect the physical and financial well-being of both riders and provide them with a holistic and well-rounded bundle of protection.”