How much do you know about your cards?

Recently, I came across an interesting startup over LinkedIn, which is leading the disruption in the insurance segment. Let me ask you first, do you know the hidden gems in your debit cards and credit cards? I bet you don’t just as I didn’t. The benefits are worth of lacs. I didn’t know them until I checked them out at BimaPe. Kudos to Rahul and the team for building such a great product.

There is a lack of awareness of the insurance benefits which come along with plastic cards. It’s a great market to tap when the people are becoming more aware of the needs of the insurance. Though there is a little caveat i.e. you should have transacted with the cards in the past 45 days to avail the insurance benefits. BimaPe also simplifies the policy jargon and helps us understand our policies better. They even have a cute little brand mascot, Kanga Roo.

The insurance sector is a lucrative business. Warren holds three insurance companies. There is a great deal of money lying ideally which can be invested to generate asset. That’s how an insurance company makes money on layman’s terms.

Would love to know your thoughts!