Airtel Payments Bank, Bharti AXA partner to offer ‘shop insurance’ for retailers

Airtel Payments Bank has partnered with Bharti AXA General Insurance to offer “Smart Plan Shop Package Policy” for the financial protection of the bank’s retailers and merchants. The policy will provide financial protection in case of damage to assets inside the shop due to fire and allied perils and burglary, among others, as covered in the product.

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About Smart Plan Shop Package Policy:

This policy covers assets inside the shop against burglary, fire and allied perils such as flood, earthquake, landslide, rockslide, riots, strike and malicious damage, among others. It also covers the loss of money in safe because of an accident. The policy has a flexible sum insured option, starting from Rs 2 lakh up to Rs 25 lakh.

Important takeaways for all competitive exams:

  • Airtel Payments Bank MD and CEO: Anubrata Biswas.
  • Airtel Payments Bank Headquarter: New Delhi, Delhi.
  • Bharti AXA General Insurance MD and CEO: Sanjeev Srinivasan.
  • Bharti AXA General Insurance Headquarter: Mumbai, Maharashtra.

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