OYO launches 1st of its kind complimentary insurance cover for guests

OYO launches 1st of its kind complimentary insurance cover for guests

Agency News

Kolkata, Aug 13 : OYO Hotels & Homes has announced a first-of-its-kind offering for its customers with complimentary insurance cover for guests as part of the booking price staying in OYO properties across India. The insurance cover has been launched in partnership with ACKO General Insurance, India’s first and fastest-growing Insurtech company which makes buying and using insurance effortless. With a shared vision of offering hassle-free services and a consumer-first approach backed by innovative technology, OYO and ACKO are launching this industry-first feature to ensure a great hospitality experience for the consumer, it said in a release issued here.

The complimentary insurance package offers OYO guests insurance coverage up to Rs 10,00,000 for protection against accidental death (coverage up to Rs 10,00,000), baggage loss (coverage up to Rs 10,000), accidental medical expenses (coverage up to Rs 25,000) among other benefits like OPD treatment, etc for the entire duration of their stay in a particular city. To begin with, OYO will be offering guests staying at OYO Hotels, OYO Home, OYO Townhouse, Collection O, SilverKey, Capital O and Palette Resorts this insurance, valid for their full period of stay in these properties.

The insurance cover will be applicable to bookings made via the OYO App, website, mobile website, direct bookings as well as walk-ins. The offering will be extended to other categories and booking channels in the coming days. Mr Gaurav Ajmera, COO, India & South Asia, OYO Hotels & Homes, said, 'With the complimentary insurance offering, we are taking a step forward in this direction. The unique feature which has never been offered before in the Indian hospitality industry, designed in partnership with ACKO, aims to cater to the unexpected, unplanned and isolated situations, that our guests across 300+ cities in the country, that choose OYO as their preferred accommodation option, could face.'

'ACKO has partnered with OYO to bring another differentiator for them with an insurance cover for OYO guests. Delivered entirely digitally, from issuance to claim, we expect this to solve key pain points in the hospitality sector. With OYO, we have found a partner who is also passionate about delivering superior customer experience and we are excited about the journey ahead,' said Varun Dua, CEO & Founder at ACKO General Insurance.

The offer also aims to benefit asset owners as it helps further improve customer experience and satisfaction and thereby lead to higher repeat rates, and increased yield, the release added. On booking an OYO property, customers will be able to view their insurance policy on the booking confirmation page and by logging on to either of OYO and ACKO websites with their registered mobile numbers. UNI