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Airtel Payments Bank joined hands with Bharti AXA General Insurance for two-wheeler insurance

Last Updated: April 22, 2019

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Airtel Payments Bank joined hands with Bharti AXA General Insurance for two-wheeler insurance

Airtel Payments Bank joined hands with Bharti AXA General Insurance for two-wheeler insurance

22 April 2019 Current Affairs: Airtel Payments Bank joined hands with Bharti AXA General Insurance for a two-wheeler insurance product offering which is available on MyAirtel App and at over 40,000 Airtel Payments Bank points across India.
They offer various benefits like 70 percent savings on an annual 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, at the time of insured vehicle breaks down.
In India, approximately 75 percent two-wheelers are uninsured, despite being mandatory by the Supreme Court order in 2018 which is mandatory for individuals to buy five-year motor third party insurance while buying a new two-wheeler.
About Airtel Payments Bank
♦ Founded: 2016
♦ Headquarters: New Delhi
♦ CEO: Anubrata Biswas
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