General Insurance

Motor Insurance

Having car insurance is essential because it covers your expenses in the event of vehicle damage or injuries to other drivers, passengers or pedestrians. All motorists must be insured against their liability to other people, as stipulated in the Road Traffic Act 1988.

Private Car / 2 Wheelers :

A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Instead of paying out of pocket for auto accidents, people pay annual premiums to an auto insurance company; the company then pays all or most of the costs associated with an auto accident or other vehicle damage.

Helicopters

Private goods Carrier

Health Insurance

Medi claim :

In a world where age is just a number and fitness is synonymous with health, getting health insurance has become important. You may postpone buying a policy but there are implications of avoiding it all together.

Here are some benefits that come with your health insurance plan.

Financial savior:

A visit to the hospital can cost a lot. You don’t want to be caught off guard in a situation where you need emergency medical help. Medical insurance allows you to deal with such a situation without a worry about the costs.

Savings Santa:

You might often think of making investments but postpone it each time. Buying a health insurance could equate to an investment venture. Perhaps even help you save for that dream car you always wanted. You might have to shell out a huge amount when a dear one needs hospitalization. A health insurance policy ensures you pay less and don’t eat into your savings.

Tax aid:

Your health insurance policy also helps you save tax. You are covered against health issues and enjoys tax benefits on the policy. Besides, premium paid for your parents' health insurance also entitles you for tax deduction under section 80D.

Tailor made:

You might be unsure of how a health insurance would cover the health needs of each family member. A variety of categories are available under health insurance to suit your need. For example, you could choose between a family floater and an individual plan depending on your personal needs.

Feature fest:

Your health insurance can cover more than you think. When you buy health insurance you have the freedom of choosing from a vast range of available network hospitals. Some policies offer features like free health check-ups, ambulance service and medical equipment.

Mind at ease:

Daily life chores could be weighing you down. The ever increasing costs add to life’s struggles. A health plan ensures peace of mind. You might want to spend your time and money doing other things rather figuring out means to pay for health expenses. By choosing to buy health insurance you might be taking a decision that gives you mental peace too.

The timing of your choosing to get a policy is your choice. The fact that nobody is getting any younger should help you get one soon. The benefits vary depending on your choice of policy and premium. But the benefits of having a health insurance policy far outweigh not having one at all.

Top Up Plans: Have A Back-Up Plan...

If you have a car, you would know the risk of driving without a spare tyre. Till 1904, car drivers dreaded punctured tyres. Then a simple idea by Thomas Morris Davies of the UK revolutionised things - he added a spare so that if the tyre got punchured, you had a ready-to-use stand-by. Top-up health plans have a similar role. They are a stepney to your health reimbursement policy after you exhaust the sum insured limit. A regular policy reimburses hospital bills up to the sum insured while a top-up plan covers costs after a certain threshold is reached. As you grow older, health insurance becomes more expensive. So, to enhance the cover while keeping costs in check, individuals should consider a top-up health insurance plan. These are cheaper alternatives to regular policies.

Critical Illness:

Critical illness insurance, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy. If you don’t have sufficient savings to see you through an expensive medical emergency, critical illness policies work well. But there are some important caveats to know.

Keep in mind that critical illness plans don’t cover pre-existing ailments.

Personal Accident Policy:

personal accident policy would give you a lump sum payment if you meet with an accident that leaves you permanently or temporarily disabled. A personal accident plan has four covers: death, permanent disability, permanent partial disability and temporary total disability. For death or permanent disability, the policy would typically pay 100% of the sum assured. For permanent partial disability, it would pay a portion of the sum assured and for temporary disability, it pays a weekly compensation, usually up to 104 weeks.

Group Personal Accident ( GPA ):

Employees play a big part in ensuring that the business continues to run successfully. Today we are all exposed to uncertain risks at any place. Some unfortunate accidental to your employee(s) occurrence might bring a huge financial loss or a difficulty in running some operations. So to ensure the well being of your employees and their families, it is important to compensate for such losses. Group personal accident insurance can help to indemnify any such losses.

Group Personal Accident Insurance plan provides companies with comprehensive personal accident insurance coverage and liability insurance protection against accidental death or injury.

Death: Bodily Injury, which within 12 calendar months from the occurence thereof shall solely and directly cause the death of the insured person.

Permanent Total Disablement: The loss of a function of the body whereby total restoration is not possible. Example; paralysis, loss of vision, hearing or speech.

Permanent Partial Disablement: This is a disablement which is not so severe such as loss of a finger or toe and the compensation will be based on a percentage of the sum insured.

Temporary Total Disablement and Temporary Partial Disablement: The amount payable is based on weekly compensations.

Temporary Total Disablement: The insured is incapable to fully attend to his work and its compensated based on the number of weeks of his disability.

Temporary Partial Disablement: Insured is incapable to attend a specific area of his normal duties and compensation will be based on the period of partial disability.

Medical Expenses: Pays for medical expenses incurred following an accident.

Group Medi claim ( GMC ):

Group Insurance is simply an insurance package an organisation buys for the benefit of its employees. The organisation may design a self-insured plan itself or select a pre-planned insurance policy from an insurance company.

Key benefits of our group health insurance policy

  •   Lowers the employee turnover
  •   Discount in renewal premium for claim-free experience with family members
  •   Lower premium costs
  •   Customized group mediclaim policy
  •   Cover for all members
  •   Cashless as well as reimbursement options available
  •   Tax benefits
  •   Day care procedures covered Etc.

Fire Insurance

A fire can devastate a business. Flames, smoke and water used to extinguish the fire can severely damage buildings and their contents. If the business has no fire insurance, it may lack the funds to rebuild or repair the damaged property. The company may be forced to cease operations. Thus, fire insurance can be essential for the survival of a business. These policies cover damage caused by fire and many other perils and AOG. (act of GOD)

Here are a few tips regarding your fire insurance policy.

  • Review your policy annually to ensure that it includes all your buildings and all of your locations. Make sure the addresses listed in the policy are accurate.
  • If you own multiple buildings, consider insuring them under a single policy with a blanket limit. One policy will be cheaper than several individual policies.
  • Draft and maintain a fire prevention plan. Train your employees so that they know what to do in the event of a fire. Your insurer may provide a discount for an active fire prevention program

Overseas Travel Insurance

Travel Insurance is an indispensable companion if you are travelling overseas. Medical expenses abroad can burn a hole in not just your travel budget but it can put you in a long term financial debt. Insurance coverage insure you for Medical expenses, Dental expenses, Loss of passport, Loss of checked baggage, Medical evacuation, Compassionate visit, Accidental death or disability, Trip cancellation, Trip curtailment, Personal theft, etc during your journey outside India.

Available Plans

  • 1. Single Trip
  • 2. Multi Trip
  • 3. Asia Travel
  • 4. Senior Citizen
  • 5. US/Canada Travel

Marine Cargo Insurance

Marine Cargo Insurance covers transits by Water, Air, Road or Rail, Registered Post Parcel, Courier or a combination of two or more of these.

How Marine Cargo Insurance helps?

Cargo can be damaged on exposure to a wide variety of risks, including an accident of the vehicle carrying the cargo, damage due to jolts, jerks etc. Decide whether you want to take a Basic Cover or a wider cover.

Inland
Overseas Marine