Friday, Jan 28 2022 | Time 07:14 Hrs(IST)
image
Business Economy


Godrej locks partners with Liberty Gen Insurance to officer insurance up to 20x value of locks

Hyderabad, Nov 15 (UNI) Godrej and Boyce, the flagship company of the Godrej Group, on Monday announced that its business, Godrej Locks, collaborated with Liberty General Insurance Ltd to offer burglary insurance up to 20x to the customer purchasing Godrej locks .
This was announced as marks of the 5the year of Home safety day, a day coined by Godrej locks to create awareness about home safety among citizens, the company said in a virtual conference.
The collaboration will effective from Monday to Nov 14 next year for customers across the country and customers , who purchase superior safety strength Godrej Locks such as the digital door locks range of Advantis and the newly launched Spacetek Pro- the first digital lock that has been completely designed and manufactured in India along with Pentabolt Aries, Pentabolt EXS+, Altrix & Astro can avail of this offer.
All one has to do is scan the QR code available on the packaging and thereafter, the customer will need to provide a valid invoice with GST to activate the insurance.
The validity of the insurance would be 1 year from the date of activation and the insurance value will be 20 times the MRP of the lock purchased, said Shyam Motwani, Executive VP and Head of Business, Godrej Locks, in a virtual press conference.
The insurance can be claimed by customers who experience a burglary at home and if there is a break-in of the lock and in case of a break-in/burglary, the customer/victim will need to present a valid FIR copy to claim the insurance. The insurance amount will also cover loss of jewellery and high end products.
With the combination of the superior technology used in Godrej Locks and the insurance being offered, Godrej Locks aims to make the homes of customers safer by offering them an impregnable layer of safety, thus making Godrej Locks an essential home safety product.

Commenting on the Home Safety Day and collaboration with Liberty, Shyam said, on the occasion of Home Safety Day, we are glad to tie-up with Liberty General Insurance Co Ltd and provide an additional layer of home safety to our customers as well as a holistic and well-rounded bundle of protection.
With this collaboration, the business expects to increase their sales by 30 percent of the superior safety strength locks of Godrej and impact over 50,000 households in India, he added.
On the collaboration, Roopam Asthana, CEO and Whole Time Director, Liberty General Insurance Co Ltd said, with this partnership we at Liberty General Insurance aim to reduce any insecurity a customer might have about safeguarding their homes from an unfortunate burglary.
According to a Godrej Locks survey that was launched last year, 85 percent of cops agree that there is a need to raise awareness about better home safety technology.
The insurance offered by Godrej Locks and Liberty can be voluntarily availed based on the customer’s prerogative and interest. In case any customer wishes to extend the policy, they can directly contact Liberty General Insurance Co Ltd.
UNI KNR GNK 2014
More News

Ola to invest over $100m

27 Jan 2022 | 11:43 PM

Bengaluru, Jan 27 (UNI) Ola Electric, India’s leading manufacturer of EVs, on Thursday announced Ola Futurefoundry, its global center for advanced engineering and vehicle design.

see more..

HomeFirst Q3 PAT jumps two-fold to Rs 46 cr

27 Jan 2022 | 11:37 PM

Mumbai, Jan 27 (UNI) Tech driven affordable housing finance company HomeFirst on Thursday reported a nearly two-fold jump in net profit for the quarter ended December 31, 2021 at Rs 46 crore.

see more..

JNPT handles record cargo of 5 63 mln TEUs in CY2021

27 Jan 2022 | 10:28 PM

Mumbai, Jan 27 (UNI) State-run Jawaharlal Nehru Port Trust (JNPT) on Thursday said its cargo handling increased 25.86 per cent to 5.63 million TEUs in 2021 as compared to the total container traffic handled in calendar year 2020
In 2020, JNPT handled a total container traffic of 4.47 million TEUs.

see more..

AP CM inaugurates NovaAir production plant in Sri City

27 Jan 2022 | 9:16 PM

Sri City (Andhra Pradesh), Jan 27 (UNI) Andhra Pradesh Chief Minister Y.S. Jaganmohan Reddy inaugurated the air separation plant of NovaAir Technologies Private Limited (NovaAir), a subsidiary of Novo Holding, Singapore here on Thursday.

see more..

IIFL Finance appoints Deloitte to assist in risk based internal audit

27 Jan 2022 | 8:57 PM

Mumbai, Jan 27 (UNI) Diversified NBFC IIFL Finance, on Thursday said it has appointed of Deloitte Touché Tohmatsu India to assist in its risk based Internal audit process.

see more..
image