Mahindra & Mahindra Financial Services’ (Mahindra Finance) subsidiary -- Mahindra Insurance Brokers (MIBL) has entered into partnership with BigHaat, India’s leading Agri Digital Platform. This partnership will offer financial solutions to the informal Agri segment of India’s workforce.
Mahindra Insurance Brokers and BigHaat will together promote the Government of India’s goal of higher insurance penetration in rural India. Mahindra Insurance Brokers Limited will offer health and motor insurance policies under this partnership. The health insurance policy will be sold to BigHaat customers via the BigHaat website and mobile application. This policy will offer a Sum Insured of up to Rs 5 lakhs in various combinations (Self/Spouse/Children/Parents). Additionally, hospital cash of daily sum insured of Rs 1000 for 15 days in a year will also be launched as part of the insurance policy.
Mahindra Finance is one of India’s leading non-banking finance companies.
