Airtel Payments Bank launches two-wheeler insurance product

Airtel Payments Bank, which has a network of 500,000 banking points, has launched its two wheeler insurance product in partnership with Bharti AXA General Insurance.
Airtel network in India
The two-wheeler insurance product offers up to 70 percent savings on premium, personal accident cover, protection against third-party liabilities and inspection free renewal through a paperless process. Customers can avail towing services at no extra cost on claim intimation, if the vehicle breaks down.

The insurance is available on MyAirtel app and at over 40,000 Airtel Payments Bank banking points.

Customers without an Airtel Payments Bank account may also avail this policy. Anyone may renew their two wheeler insurance within minutes at their nearest Airtel Payments Bank – banking point.

Airtel Payments Bank CEO Anubrata Biswas said: “Our distribution network and digital assets allow us to reach millions of under-insured Indians.”

India has approximately 75 percent uninsured two-wheelers, despite mandatory law. This is because of the lack of reach and distributor interest in pursuing small-ticket premiums.

Latest

More like this
Related

Telia accelerates renewable energy drive with solar-powered mobile network

Telia is strengthening its commitment to sustainability by embedding...

Pilar Lopez to join Vodafone as Chief Financial Officer from 2025 December

Vodafone Group has announced the appointment of Pilar Lopez...

Optus faces $100 mn penalty for unconscionable sales to vulnerable consumers

Optus Mobile, Australia’s second-largest telecommunications provider, has admitted to...

Who’s Stijn Bijnens, the new CEO of Proximus Group?

Proximus Group has named Stijn Bijnens as its new...