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WhatsApp to launch insurance & pension products in India

December 18, 2020

WhatsApp to launch insurance & pension products in India

Facebook-claimed texting and UPI-empowered installments stage WhatsApp has reported designs to dispatch miniature protection and benefits items before the current year’s over.

“WhatsApp has proactively been dealing with a few pilots to help guarantee that each grown-up approaches the most essential basic monetary and job administrations through their cell phone. Before the current year’s over, we expect that individuals will have the option to purchase moderate sachet measured medical coverage through WhatsApp,” said Abhijit Bose, WhatsApp India Head at the Facebook Fuel for India 2020 occasion.

“The capacity for individuals to get protection covers life and wellbeing can shield the monetary security of families from unanticipated costs particularly during the pandemic,” he added.

WhatsApp will tie-up with SBI General Insurance for reasonable sachet-sized medical coverage inclusion while the courier stage can be utilized for saving and retirement plans. The last will be done in association with HDFC Pension and pinBox arrangements.

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