ICICI Lombard partnered with Airtel Payments Bank

February 08, 2022
Current Context: The ICICI Lombard General Insurance has entered into a partnership with Airtel Payments Bank.
ICICI Lombard partnered with Airtel Payments Bank
  • They have partnered to grant cyber insurance to the bank’s customers.
  • The insurance policy will grant financial protection to customers.
  • They will be protected from financial fraud which takes place in banking activities, credit or debit cards, identity theft phishing or email spoofing, etc.
  • The customers of Airtel Payments Bank can opt for the insurance policy from the Airtel Thanks app.
  • The insurance has zero waiting period and allows insurance holders to make multiple claims multiple times.
  • It offers a 90-day discovery period followed by a 7-day reporting period.
  • Static Part: 
    • HQ of Airtel Payments Bank: New Delhi
    • MD and CEO of Airtel Payments Bank: Anubrata Biswas
    • HQ of ICICI Lombard General Insurance: Mumbai
    • MD and CEO of ICICI Lombard General Insurance: Bhargav Dasgupta

Question: 

Q.1 With which payment bank has ICICI Lombard General Insurance has partnered to grant cyber insurance?
a. Jio Payment Bank
b. Fino Payment Bank
c. Airtel Payment Bank
d. NSDL Payment Bank

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