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‘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


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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