ZestMoney Partners with Digit Insurance

ZestMoney and Digit Insurance are partners.

Established in 2015, ZestMoney has made it easier for people to buy things more conveniently, and also without the hassles of a credit card or having a good credit score. They have partnered with players such as Jabong, Myntra and Cleartrip to allow shoppers to buy anything from these partner stores across categories with the help of loans availed through ZestMoney.

Now, let’s assume something was to happen to the customer that prevents him/her from paying off the loan. Well, that’s where Digit enters the picture. While ZestMoney is a company that provides easy loans for online payments for people with a limited disposable income, Digit Insurance ensures that people are protected against mishaps that could hinder the loan payment. This is how it works:

– Someone wants to book a holiday on Cleartrip but it’s a little out of budget.

– That’s when ZestMoney jumps in with an EMI option (equated monthly installment). And Digit with protection of the person who is taking the loan.

– Digit ensures that the person is protected in case of their demise or permanent disability or hospitalization due to a Critical Illness like Cancer.