New Delhi, Aug 6 (TIWN) Airtel Payments Bank on Thursday announced that it will offer 'shop insurance' for its retailers and merchants in partnership with Bharti AXA General Insurance.

A large number of Bank’s Retailers and Merchants are small and medium-size shop owners who are totally dependent on their shops for the livelihood. Any major accident due to fire, or burglary can lead to a big financial loss. The shop insurance policy would provide financial protection against these losses.

Airtel Payments Bank’s partners can easily purchase this policy within minutes through a fast, simple, and paperless process using the retailer and merchant app offered by the Bank. It also offers protection against personal accident to the policyholder. In the event of an accident leading to permanent disablement, partial disablement, or loss of life, this ensures financial protection for the family.