Airtel Payment Bank introduced shop insurance, know what will be the benefit
Airtel Payments Bank has announced the offer of shop insurance exclusively to its retailers and merchants. Airtel Payment Bank (Airtel Payment Bank) in partnership with Bharti AXA General Insurance has introduced this special General Insurance.
Airtel Payments Bank has announced the offering of shop insurance exclusively to its retailers and merchants. Airtel Payments Bank (Airtel Payments Bank), in partnership with Bharti AXA General Insurance, has introduced this special general insurance. This smart plan shop package policy provides financial protection in case of property damage due to fire and allied hazards, theft etc. inside the shop as a cover.
What is available in this offer of Airtel Payments Bank
Under this insurance provides protection cover for the property inside the shop against flood, earthquake, landslide, riots, strike, theft, fire and allied hazards. It also covers loss of money due to accident. Full protection is being provided in these cases. Whereas the fixed sum insured can be insured for amounts ranging from Rs 2 lakh to a maximum of Rs 25 lakh.
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A large number of bank retailers and traders are small and medium-sized shop owners who depend entirely on their shops for livelihood. Accidents like fire, or theft can cause major financial loss for them. Shop insurance plan will provide financial protection in the event of this loss.
Ganesh Ananthanarayanan, Chief Operating Officer of Airtel Payments Bank said, 'Our partners are important to us and protecting them is of utmost importance to Airtel Payments Bank. Shops of trading partners are their primary source of income. Damage to shop property due to any accident or natural disaster can lead to a major financial crisis in their life. With the launch of this inexpensive and comprehensive shop insurance policy we aim to provide financial protection to our trading partners from such losses. '
The partners of Airtel Payments Bank can purchase this policy using the retailer and merchant app of the bank in a very short period of time without any guilt. It also provides protection to the policy holder from personal accident. In the event of any accident in which permanent partial disability, or death, the policy ensures financial security for the family.
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