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UPI payments giant PhonePe launches new insurance coverage for firecracker accidents

  • UPI payments giant PhonePe has launched a new insurance plan to provide coverage for firecracker-related accidents during the festive season.
  • The plan offers coverage of up to ₹25,000 for a period of 10 days, ensuring peace of mind during Diwali celebrations.
  • The insurance plan includes family coverage, protecting the policyholder and up to three family members.
  • Users can easily purchase the insurance plan on the PhonePe app for a price of ₹9.

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