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Edelweiss General Insurance Partners with Repco Home Finance to Offer Property Insurance Coverage

By on September 15, 2022 0

Digital insurer Edelweiss General Insurance (EGI) has partnered with Chennai-based Repco Home Finance Ltd (RHFL) to offer insurance solutions to all RHFL home loan clients. Through this partnership, EGI will offer property insurance coverage and loan protection coverage to RHFL customers through its branches spread across India.

In accordance with Edelweiss General Insurance, a property insurance cover is intended to protect the home against fire and all natural disasters, while a loan protection cover helps to protect the repayment of the customer’s loans in the event of unforeseen accident.

“While a home loan can help achieve this aspiration, protecting the home with adequate insurance coverage will help ensure that should an unfortunate event occur, the borrower is covered. EGI will offer customized insurance solutions , affordable and convenient to borrowers,” according to the press release.

Shanai Ghosh, MD and CEO, Edelweiss General Insurance, said, “We are pleased to partner with Repco Home Finance to offer our services to their clients. The demand for mortgages is on the rise. This is an opportunity for us to meet mortgage applicants and offer them our digital protection solutions.”

K. Swaminathan, MD and CEO, Repco Home Finance Ltd, said that partnering with Edelweiss General Insurance provides our customers with the opportunity to secure their loan obligations without hassle and proves to be a win-win proposition for all parties. concerned.

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