#Diwali2025 #FirecrackerInsurance #CoverSure #FestivalSafety #MicroInsurance #AffordableInsurance #AccidentalCover #BurnProtection #DigitalInsurance #InsurtechIndia
Chandigarh: As India prepares to celebrate Diwali 2025 with joy and grandeur, concerns around firecracker-related accidents continue to rise. In a move aimed at providing financial security and peace of mind to millions of families, CoverSure, a fast-growing insurtech platform in India, has launched a special Firecracker Insurance plan priced at just ₹5. This seasonal micro-insurance policy offers protection against accidental death and fire-related burn injuries during the festive period, making it one of the most affordable safety solutions this Diwali.
This launch comes shortly after a similar offering from PhonePe, highlighting the increasing demand for short-term, event-specific insurance coverage. With growing awareness about personal safety and financial preparedness, insurers are exploring innovative ways to make protection more accessible and affordable to the public.
Rising Concerns During Festive Season
Diwali is synonymous with fireworks, celebrations, and community gatherings. However, it also brings a spike in accidents. According to Delhi Fire Services, fire and emergency calls surged by 53% during Diwali 2024 as compared to the previous year. Several metro cities, including Bengaluru and Chandigarh, reported a substantial increase in burn injuries and eye damage caused by mishandled fireworks. These accidents not only create physical trauma but also impose financial strain on families, particularly those without insurance coverage.
The newly introduced CoverSure policy offers a simple solution to mitigate such risks. For just ₹5, the ten-day insurance plan provides ₹50,000 coverage for accidental death and ₹10,000 for fire-related burns, making it an essential and economical layer of protection during the high-risk festive period.
What the Policy Covers
CoverSure’s Firecracker Insurance is designed to be practical, short-term, and easy to purchase. It can be availed directly via the company’s online platform with minimal documentation and instant activation. The policy covers:
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Accidental Death: Coverage up to ₹50,000 in case of fatal injuries caused due to firecrackers.
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Burn Injuries: Coverage of ₹10,000 for medical expenses related to burns from fireworks.
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Validity: 10-day period covering peak festive days.
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Quick Enrollment: Digital purchase and instant issuance through the CoverSure platform.
This innovative product is expected to see high adoption, especially in tier-2 and tier-3 cities, where medical emergencies can result in significant economic hardship.
Pushing Insurance into the Mainstream
Saurabh Vijayvergia, Founder and CEO of CoverSure, said, “Diwali is a joyful time but also carries safety risks. Firecracker Insurance ensures practical, short-term protection for families starting at just ₹5. We want insurance to be part of everyday decisions, not just a long-term product.”
This sentiment reflects a growing shift in India’s insurance landscape. Micro-insurance products, designed specifically for festivals, weather events, travel seasons, or lifestyle risks, are making protection more relevant and acceptable for the common man. Last year, PhonePe introduced a similar policy priced at ₹11, which received strong demand. CoverSure’s offering now provides a more affordable alternative without compromising on the benefits.
The Rise of Festival-Focused Micro Insurance
With digital platforms simplifying insurance access, experts believe seasonal products like firecracker insurance, flood protection, and pilgrimage insurance will become mainstream. These products cater to specific risks that arise for brief durations, allowing customers to opt-in only when needed, without committing to long-term premiums.
Industry insiders say that this trend is also aligned with the government’s broader goal of increasing insurance penetration in India, especially in rural and semi-urban areas. The convenience of purchasing a policy digitally in less than two minutes makes it appealing to younger, tech-savvy individuals as well.
A Safer Future for Festive Celebrations
As the excitement of Diwali 2025 builds, initiatives like CoverSure’s Firecracker Insurance reinforce the importance of celebrating responsibly. At just ₹5, the policy is not only cost-effective but serves as a reminder that safety and celebration must go hand-in-hand. With lakhs of households preparing for festivities, this insurance plan could prove to be a timely offering that saves lives, protects families, and promotes awareness.
This Diwali, while lights and fireworks illuminate the sky, CoverSure’s innovative insurance aims to spread the light of safety and confidence across Indian homes.
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