Acko auto insurance offers 1 month free policy extension

Acko General Insurance is offering a 1 month free policy extension on car and bike insurance. Customers who renew or are first time buyers of the insurance policy will need to pay only for 12 months and will get a 1 month extension at no extra cost.

Earlier, due to the Coronavirus outbreak and the subsequent lockdown, the Government of India had announced a grace period for premium payments for third party policies till April 21, 2020. The 1 month extension on tenure of third party and own damage policies will be in addition to that.

For existing customers, the time frame for availing the 1 month extension is for the full financial year (April 2,2020 to March 31, 2021). They will receive a 13-month policy. New customers can avail the 1-month extension on auto insurance till the lockdown period (April 14, 2020).