“We have introduced the policy just recently but the response is very good,” said Arun Sharma, vice president of ICICI Lombard.
According to company executives, it has sold 900 policies across the country. In Kolkata, the number is 56. It is also introducing a floater motor insurance cover in the city. This will be a combined policy for multiple car owners. One can insure up to five vehicles under one policy. This could also be a combination of two- and four-wheelers. “Only thing is owner should be same. The premium of the combined policy will be less than five policies taken separately,” an executive said.