EGI and Ashv Finance to offer Digital Loan Protection Solutions to MSMEs

By OEM Update Editorial March 10, 2022 1:54 pm IST

Business loan and the insurance policy will be processed together, digitally and with zero paperwork, offering complete ease and convenience to customers. 

Digital Insurer, Edelweiss General Insurance (EGI), joined hands with Ashv Finance, a tech-led NBFC present in over 100 locations in India, to offer financial protection to all their business loan borrowers. While Ashv is offering timely credit to fund the growth aspirations of small businesses and MSMEs, EGI will ensure that there are no brakes in achieving their dreams by offering health insurance cover to safeguard the financial interest of this very important segment.

As part of the deal, EGI will offer health insurance cover to all the customers of Ashv Finance in all major cities across the country. The policy will provide security against the business loan taken in case the borrower has an unfortunate incident of an Accident or Critical Illness. The policy will also provide daily cash benefit in case of any hospitalization. Cover offered will depend on the loan amount and loan tenure opted by the customer.