Home Credit India has acquired a corporate agency license to provide health life insurance and has partnered with HDFC Ergo General Insurance Company for health insurance and will provide cover in case of an illness or injury. The expenses covered under the policy include in-patient hospitalisation, pre- and post-hospitalisation, domiciliary expenses, day-care procedures as well as cover for newborn baby.
Home Credit India will also offer a savings plan of Bajaj Allianz Life Insurance Company which has life cover benefit along with tax-free guaranteed returns. While health insurance will provide coverage for medical expenses, life insurance will provide benefits and financial protection to Home Credit India customers.