Amazon Insurance?! - LeadCloud News
Amazon Insurance?!
28 July 2020

Amazon Insurance?!

At a fintech conference on Wednesday, Mahendra Nerurkar, chief executive and director of Amazon Pay in India, said the company was planning to expand its insurance service to offer coverage on health, flight and cabs.

Amazon’s auto insurance is available to customers through Amazon Pay on the e-commerce giant’s website and app. The company said buying insurance will take less than two minutes and requires no paperwork.

The company also said its Amazon Prime customers in India will be able to access additional benefits and discounts, but did not identify those benefits. The popular loyalty program costs about $13 a year in India, compared to $119 annually in the U.S.

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