Tally offers insurance to SMB customers

In what could be termed as a one of its kind initiative, Tally Solutions has
introduced a new insurance scheme for its SMB customers. As per the scheme,
customers who buy Tally will also be given an insurance policy that would cover
the damages to property that result from burglary or other natural disasters.

The insurance amount would be Rs 5 lakh for a period of one year. Out of this
Rs 2 lakh would be insurance against property loss, another 2 lakh would be
insurance against burglary while the remainder Rs 1 lakh would be insurance
against loss of cash.

As per scheme, out of the Rs 4,980 that the customer pays for a Tally
package, about Rs 2, 500 would go for insurance. The company has set aside less
than 30% of the value of the single-user version to enable the customer to avail
this offer.

All that a customer has to do on buying a package is to register on the TSPL
website for users and the policy would reach him within 21 days of registering.
TSPL has tied up with ICICI Lombard, a private sector insurance company, for the
purpose.

According to Anil Pant, VP Global Channel Sales, Tally Solutions, the recent
monsoon and the floods across the country have caused tremendous property damage
to many of Tally's customers and partners. "In order to minimize the
extent of such damage in the future we have come up with this idea. Having done
a test run with nearly a 1000 customers, we are convinced that this scheme will
prove beneficial for the customers, our partners as well as us,"

Tally believes that the insurance scheme will give its partners an extra
value-add to sell to customers, getting more clients on board. Through this
scheme it hopes to reach out to at least a 100, 000 customers.

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