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OYO launches complimentary insurance cover for guests

OYO Hotels & Homes, India’s largest, world’s 3rd largest and fastest-growing chain of leased and franchised hotels, homes, living and workspaces, today 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.

The complimentary insurance package offers OYO guests insurance coverage upto INR 10,00,000 for protection against accidental death (coverage upto INR 10,00,000), baggage loss (coverage upto INR 10,000), accidental medical expenses (coverage upto INR 25,000) amongst 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.

“Customer experience is our utmost priority and we passionately work towards creating a hassle-free and comfortable experience for our guests. 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, ” Gaurav Ajmera, COO, India & South Asia, OYO Hotels & Homes, said.

"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.

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