Mahindra Insurance Brokers Limited (MIBL), a subsidiary of Mahindra & Mahindra Financial Services (Mahindra Finance), announced its partnership with BigHaat, India’s leading Agri-Digital Platform

In this association with Mahindra Insurance Brokers, BigHaat will be delivering health insurance to over 10 million farmers who are on its platform.

About Mahindra Insurance Brokers

Mahindra Insurance Brokers has been able to create a strong bond with rural customers due to its presence in rural and semi-urban India and has been providing a supreme customer experience over the past 18 years.

About BigHaat

BigHaat is India’s leading farmer-centric Agri Digital Platform. It offers comprehensive, personalised technical guidance, accessibility, and a wide range of high-quality inputs to farmers. With the help of data science, and technological development, BigHaat is transforming the future of millions of farmers, thereby significantly improving sustainability and profitability for them.

The partnership

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.

Policies offered

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 INR 5 lakh in various combinations (self/spouse/children/parents). Additionally, hospital cash of daily sum insured of INR 1,000 for 15 days in a year will also be launched as part of the insurance policy.