Tuesday, September 22, 2020
News

Airtel Payments Bank ties up with Bharti Axa to offer shop insurance

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | August 6, 2020 6:12:10 PM IST
Airtel Payments Bank will offer shop insurance exclusively for its retailers and merchants in partnership with Bharti Axa General Insurance.

The package policy provides financial protection in case of damage to assets inside the shop due to fire, allied perils and burglary. The flexible sum insured starts from Rs 2 lakh up to a maximum of Rs 25 lakh.

"Our partners are key enablers for our business and protecting them is of the utmost importance for Airtel Payments Bank," said Chief Executive Officer Ganesh Ananthanarayanan.

"Any damage to assets inside the shop due to an accident or natural calamity can lead to a major financial setback in their lives," Ananthanarayanan added.

Sanjeev Srinivasan, Chief Executive Officer and Managing Director, Bharti AXA General Insurance, said Indian retailers have already had to face many hardships and uncertainties during the Covid-19 pandemic.

"To avoid further problems of a different kind in future, it is vital to secure one's assets inside the shop to stay alleviated from the dangers that they can be exposed to," Srinivasan added. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Covid bonanza for health insurers, 25% g...
Equity indices in the red amid weak glob...
Kerala start-up secures $2 million angel...
Rate cuts have not spurred investment: S...
LinkedIn ranks Razorpay 6th in India's T...
India Protein Score - New report identif...
More...
 
INDIA WORLD ASIA
Opp to boycott Monsoon session if MPs' s...
Andhra Pradesh: Man jumps into Krishna r...
Congress, opposition parties boycott Lok...
Two hurt as cylinder of truck bursts in ...
India has highest recoveries in world, s...
Man killed in UP over Rs 300...
More...    
 
 Top Stories
Removing Groups, Pages that spread ... 
Nani on 'Jersey' remake: Shahid (Ka... 
Delhi HC sets aside stay on publica... 
No shortcuts to success: Kerala's '... 
Farmers made puppets of corporates ... 
Yogi meets filmmakers, invites them... 
ED attaches Rs 200cr worth of Iqbal... 
Ruckus over Farm Bills: LS adjourne...