Facebook Twitter LinkedIn
    Trending
    • The UK's largest lake has turned into 'a toilet' – and the 'disaster is being underplayed'
    • Michael Kopech undergoes surgery to remove a cyst from his right knee, ending the Chicago White Sox pitcher’s season
    • MP 'called terrorist and pimp' by member of PM's party in India's parliament
    • Column: The Chicago Cubs are in a tailspin despite a 6-0 win. Someone notify David Ross and Marquee Sports Network.
    • Boston’s economic rebound hindered by vacant office space, remote work, report finds
    • Met firearms officers 'understandably anxious' after force marksman charged with Chris Kaba murder
    • Dogs sickened by drug-tainted human waste in Boston
    • Ticker: Amazon Prime Video will soon come with ads, or a $2.99 monthly charge; Judge blocks government plan to scale back Gulf oil lease sale to protect whale species
    Facebook Twitter LinkedIn
    Business KhabarBusiness Khabar
    • World
    • Auto
    • Business
      • Industries
      • Opinion
    • Market
    • Money
      • Finance
      • Insurance
      • Investment
      • Schemes
    • Sports
    • Other
      • Stories
      • Career
      • Entrepreneurship
      • Property
    • Web Stories
    Business KhabarBusiness Khabar
    Insurance

    Muthoot Finance launches gold jewelery insurance scheme; Coverage will be found on loss in theft, robbery, natural disaster

    Nisha ChawlaBy Nisha ChawlaNovember 23, 2020No Comments

    Muthoot Finance has launched the Muthoot Gold Shield Insurance Scheme. Under this, the company will provide insurance to customers for gold jewelery. Muthoot Finance has partnered with Bajaj Allianz General Insurance to provide this insurance. Muthoot Finance will provide its customers with insurance schemes on gold jewelery at the time of closure of the gold loan and the redemption of the gold jewelery held by them. This coverage will be provided as a loyalty product.

    George Alexander Muthoot, MD, Muthoot Finance, says that as part of our customer loyalty program and social commitment, we are providing this insurance cover to customers. Bajaj Allianz General Insurance MD and CEO Tapan Singhal said that gold jewelery is an integral part of our country’s culture and that’s why we brought this product.

    Standalone gold jewelery insurance

    The statement issued by Muthoot Finance said that it is a standalone gold jewelery insurance offering. That is, it will provide complete coverage on gold jewelery. Generally, companies provide gold jewelery insurance as a part of home insurance, which covers jewelery as well as other household items. Generally, the coverage of insurance coverage for gold jewelery by some insurance companies is limited to a maximum of 15 per cent of the total insured sum under the home insurance policy. For example, if a person wants jewelery insurance coverage of Rs 1.50 lakh from other insurance companies, then he will have to take a home insurance policy of around Rs 10 lakh.

    Amazon, Flipkart face serious allegations of collusion with banks, a complaint to RBI

    Other benefits of Muthoot Gold Shield Insurance Scheme

    • Muthoot Gold Shield insured covers burglary, theft, robbery, damage on the way and 13 other disasters (natural disasters) from the person’s house.
    • Muthoot Gold Shield is available at a very low premium. Its premium is less than the industry average.
    • Muthoot Gold Shield can be availed on Zero Documentation. This policy is generated in less than 2 minutes.

    Home Loan: There is a need to take a home loan at an early age, first prepare these 4 things

    Source: www.financialexpress.com

    muthoot finance muthoot finance insurance scheme for gold jewellery muthoot finance launches gold jewellery insurance scheme for its customers muthoot gold shield insurance scheme Muthoot insurance for gold jewelery Muthoot's insurance policy for gold jewelery Muthoot's insurance scheme for gold jewelery
    Nisha Chawla
    • Website
    • Facebook
    • LinkedIn

    She is an expert in Banking, Finance and working with an international bank. She sharing her ideas and knowledge with Business Khabar.

    Related Posts

    Scooter company Bird delisted from NYSE after stock collapse, will trade over the counter

    September 23, 2023

    United his offering deeply-discounted round-trip flights to Rome for a few days

    September 22, 2023

    Hail damage forces a woman to make a big decision on her car

    September 22, 2023
    Facebook Twitter LinkedIn
    • About us
    • Contact
    • Contribute for us
    • Privacy Policy
    • Disclaimer
    © 2023 Business Khabar. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.