Archive · 5 Dec 2025
ICICI Lombard, Vastu Housing Finance Partner for Insurance
ICICI Lombard General Insurance and Vastu Housing Finance have teamed up to offer insurance to people who take housing loans from Vastu.
This partnership will help Vastu's customers, especially those in smaller towns and villages, get insurance for their homes and health.
The insurance products include coverage for serious illnesses, accidents, and damage to homes from fire, natural disasters, and theft.
The companies will use technology to make it easy to get insurance policies and settle claims quickly.
The plan is to start this service in phases, making sure everything is ready before offering it to customers.
ICICI Lombard General Insurance and Vastu Housing Finance have partnered to offer insurance products to Vastu’s housing loan customers.
The partnership provides access to two main insurance products: Income Protect and Home Insurance.
Income Protect covers 33 critical illnesses, accidental death, and permanent total disability.
Home Insurance protects against fire, natural calamities, theft, and accidental damage.
The products will be distributed through Vastu’s branch network and digital platforms, targeting peri-urban and rural areas.
- Who
- ICICI Lombard General Insurance and Vastu Housing Finance
- What
- Partnership to offer insurance products to Vastu’s housing loan customers
- When
- Announced on December 5, 2025
- Where
- Across 17 States and 340 districts in India
- Why
- To provide insurance solutions to customers, especially in peri-urban and rural areas, and to strengthen financial resilience
- Companies
- ICICI Lombard General Insurance, Vastu Housing Finance
- Products
- Income Protect, Home Insurance
- Coverage
- 33 critical illnesses, accidental death, fire, natural calamities, theft, accidental damage
- Service Features
- Instant policy issuance, cashless claims, AI-driven claim assessment
- Target Areas
- 17 States, 340 districts in India
- Customer Segments
- Peri-urban and rural areas, first-generation homeowners, self-employed individuals
- Rollout Plan
- Phased rollout with product alignment, technology integration, employee training, customer onboarding