RevFin Ties-up with PNB MetLife to offer life cover to customers
- RevFin, a digital lending start-up, has partnered with PNB MetLife India Insurance Company Limited (PNB MetLife) to offer protection to its customers through life insurance on their loans.
- The insurance will cover loans up to Rs 3 lakhs for a term of 3 years.
- The product is also key towards financial inclusion that will secure the families of the borrowers against loan repayment burden in case of unfortunate demise of the borrower during the loan term.
- The product is offered digitally through RevFin’s app (iOS and Android), so there is no additional paperwork needed.