Digital insurer Edelweiss General Insurance (EGI) has tied up with Chennai-based Repco Home Finance Ltd (RHFL) to offer insurance options to all dwelling mortgage prospects of RHFL. Through this partnership, EGI will offer property insurance cover and mortgage safety cover to RHFL’s prospects by their branches unfold throughout India.
As per the Edelweiss General Insurance, a property insurance cover is for safeguarding dwelling towards hearth and all of the pure calamities, whereas a mortgage safety cover helps safeguard the client’s reimbursement of loans in case of any unexpected accident.
“While a house mortgage will help fulfill this aspiration, defending the house with ample insurance cover will assist be sure that in case of an unlucky occasion, the borrower is roofed. EGI will offer customised, reasonably priced, and handy insurance options to mortgage debtors,” as per the press release.
Shanai Ghosh, MD & CEO, Edelweiss General Insurance, said, “we are happy to partner with Repco Home Finance to offer our services to their customers. The demand for home loans is on a rise. This presents an opportunity for us to reach out to home loan seekers and offer them our digital protection solutions.”
Ok. Swaminathan, MD & CEO, Repco Home Finance Ltd, stated the partnership with Edelweiss General Insurance gives a possibility to our prospects to safe their mortgage obligations in a hassle-free method and proves to be a win-win proposition for all involved.
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