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Edelweiss General Insurance partnered with Ashv Finance

Published on February 25, 2022
Current Context: The Edelweiss General Insurance (EGI) has partnered with Ashv Finance.
Edelweiss General Insurance partnered with Ashv Finance
  • Ashv Finance is the tech-based NBFC in India.
  • They have partnered to grant financial protection to the latter's business loan borrowers.
  • Ashv Finance will grant credit facilities to small businesses and MSMEs.
  • The EGI will ensure the proper flow of funds to the small businesses and MSMEs without any brakes to achieve their goals by offering health insurance coverage to safeguard the financial interest.
  • They will grant security against the business loan which is taken by the borrower, in case of any unfortunate incident like an accident or critical illness.
  • The health cover depends on the loan amount and the tenure of the loan selected by the borrower.
  • The loan and the policy will be processed in a simultaneous way in a digital format with zero paperwork.
  • Static Part: 
    • HQ of EGI and Ashv Finance: Mumbai


Q.1 Which insurance company partnered with Ashv Finance to grant financial protection to business loan borrowers?
a. Bajaj Allianz Life Insurance
b. Liberty General Insurance
c. Edelweiss General Insurance
d. Canara HSBC Oriental Bank of Commerce Life Insurance

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