Acko partners with ZestMoney to offer credit insurance

Acko General Insurance, an insurtech company, has partnered with ZestMoney, a consumer lending fintech, to offer credit insurance. This insurance will help ZestMoney customers cover their monthly EMI payments during times of crisis.

Acko will offer credit insurance to these consumers and cover them during eventualities like hospitalization or critical illness when they’re unable to pay their instalments. ZestMoney offers instant financing to consumers across 1000+ online portals and provides them with the option of paying through EMIs even if the consumers don’t own a credit card.

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:

  • CEO of Acko General Insurance: Varun Dua.
  • CEO of ZestMoney: Lizzie Chapman.

Source: The Hindu

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