‘Smart Plan Shop Package Policy’

Published on August 07, 2020
Current Context: A newly launched insurance product named as ‘Smart Plan Shop Package Policy’ is launched by Airtel Payment Bank in partnership with Bharti AXA General Insurance.
‘Smart Plan Shop Package Policy’
  • The ‘Smart Plan Shop Package Policy’ will offer financial protection to bank’s retailers and merchants.
  • The financial protection in case of asset damage inside the shop aur to accidents like fire outbreak, earthquake etc will be offered.
  • The policy is launched to offer financial support to retailers and merchants and shop owners because their livelihood is dependent on the shop.
  • The sum insured under this policy is Rs 2 lakh to Rs 25 lakh.
  • Static Part: 
    • HQ of Airtel Payment Bank: New Delhi
    • MD and CEO of Airtel Payment Bank: Anubrata Biswas
    • HQ of Bharti AXA General Insurance: Mumbai
    • MD and CEO of Bharti AXA General Insurance: Sanjeev Srinivasan

Question: 

Q.1 Which financial product provider has launched ‘Smart Plan Shop Package Policy’?
a. Bharti AXA General Insurance
b. Jio Payment Bank
c. Airtel Payment Bank
d. Both (a) and (c)

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