Our Services

Term Life Insurance

The most affordable form of life insurance, premiums of plan under this category are cheap compared to other life insurance products
The Sum Assured is paid out to the beneficiaries on the completion of the policy tenure.

Whole Life Policy

As the name says, this type of policy covers individual for his/her entire life. This type insurance covers insurance and investment components.
The insurance part covers the nominee in the event of death of the policyholder and the investment component helps the holder to borrow or withdraw against.

Endowment Plan

One main difference that Endowment Plan offer from term plans is the Maturity Benefits.
This type of plan pays out the sum assured along with profits under both scenarios – death &survival. The profits that are availed in such plans are the result of investments in equalities & debt.

Unit Linked insurance Plan (UPIs)

As the name suggests, this plan is linked to the markets.
This type of plan are a variant of traditional endowment plan and pay out a certain sum assured on death or maturity, whichever is earlier.

Money Back Policy

This type of policy gives out periodic payments over the policy term.
Incase of death of the policy holder, the beneficiaries get the full sum assured and if the holder survives the policy term, he/she gets the balance amount (sum assured).

Personal Accident Insurance

Life is uncertain & immeasurable. Accidents & uneventful incidents never ring a warning bell before they strike. Road mishaps, accidents have gone up tremendously & the victims along with their families suffer the consequences of the such unfortunate situations. Alarming statistics report about 1214 road related death that occur in India every year; this should be an eye opener on the perils an individual is exposed daily.

Travel Insurance

Traveling has become an integral part of our modern society. We could be traveling for reasons like a business trip or much awaited vacation. But one cannot deny the fact that there are several things that could go wrong when one travels. Disruptions like cancellation of flights, loss of baggage, medical emergency – are some of the unforeseen events that could catch you off guard. So whether you are off guard. So whether you are off to your favourite destination for a holiday or going on a business trip – an adequate complete travel insurance is a must have.

Group Mediclaim

Group Mediclaim Policies normally offered by an employer to their Employees and sometimes it covers their family like Employees Spouse & their children. The policy is on the Family Floater basis and the sum insured varies based on Cadre. Hospitalization – Minimum 24 Hrs. hospitalization is required to be eligible for the claim. All the expenses including room rent, Doctor Fee, Medicines, Lab Reports, Anesthetist fees, Surgeon fees, OT Charges will be paid by the Insurance Company. No Sub-limits & No Co-payment on the claim settlement as it is group policy. Pre & Post Hospitalization expenses covered for 30 days & 60days respectively. No waiting period such as 30 days, 1,2 &4 Years for any claim.

Motor insurance

Motor insurance policy is a mandatory for vehicle owners as per Indian Motor vehicle Act 1988. This plan is designed to give coverage for losses which insured might incur in case his vehicle get stolen or damaged. The amount of motor insurance premium is decided based on the Insured Declared value of a car. The premium will increase, if you raise the IDV limit and vice versa.

Crop insurance

Crop insurance is purchased by agricultural producers, and subsidized by the federal government, to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to decline in the prices of agricultural commodities.

The two general categories of crop insurance are called crop-yield insurance and crop-revenue insurance. On average, the federal government subsidizes 62 per cent of the premium. In 2019, crop insurance policies covered almost 380 million acres. Major crops are insurable in most countries where they are grown, and approximately 90% of U.S crop acreage is insured under the federal crop insurance program. Four crops – corn, cotton, soybeans, and wheat – typically account for more than 70% of total enrolled acres. For these major crops, a large share of planning is covered by crop insurance.

Marine insurance

Marine insurance is a type of insurance policy provides coverage against any damage /loss caused to cargo vessels, ship, terminals, etc. in which the goods are transported from one point of origin to another. Marine insurance coverage includes loss or damage caused to the shipment /cargo/ship while is grounded, and also from untoward perils like sinking, collision, burning, weather conditions, navigation errors, theft, jettison, improper stowage by the carrier, hook damage, strikes, war and natural perils.

A marine cargo insurance policy is necessary for all the owners of the ship who use it for a commercial or transportation purpose. However, the insurance coverage is not only limited to sea there are plans that offer coverage during rail, land, sea, and air transport.

Travel insurance

Travel insurance provides comprehensive coverage against things that are likely to spoil your trip. It covers your medical expenses and other risks so that you can enjoy your trip hassle-free. A travel insurance policy is a popular choice among people travelling on vacations, business trips, or for studies.

Buying a comprehensive trip insurance policy will secure you from any loss/damage incurred, which would create a financial burden otherwise. It will essentially secure you and provide coverage under the following circumstances:

1. Medical expenses
2. Personal Accident
3. Medical Evacuation
4. Loss of Passport
5. Loss of Checked-in Baggage
6. Theft/Loss of Personal Belongings
7. Trip Cancellations & Curtailment
8. Trip Delays

Fire insurance

Fire insurance policy is basically a contract between the buyers and the insurer, where the insurer guarantees to pay for the damage or loss caused to the property of the insurer for a particular time period. The policy is initially bought for a period of one year and it can be renewed every year.

Fire insurance safeguards property against unexpected risks where the value of assets is analyzed according to their market value, considering factors like depreciation and also appreciation in case of inflation. Fire insurance coverage includes mishaps caused due to accidental fire, lightning, implosion or explosion, etc. And also, man-made perils such as bursting of water tanks and pipelines or overflowing, leakages from water sprinkles, and so on.

Health Insurance

Health Insurance is an insurance that covers the whole or a part of the risk of a person incurring medical expenses spreading the risk over numerous persons. By estimating the overall risk of health risk and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement.

According to the Health Insurance Association of America, health insurance is defined as “coverage that provides for the payment of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment.

Home Insurance

Home insurance policy offers protection to the structure and contents of the house in the event of any physical destruction or damage incurred to the house by any unavoidable perils. Home insurance provides coverage to a house and its contents against loss or damage caused by man-made (theft, burglary, strike, riot, terrorism, etc.) and natural calamities (flood, storm, landslides, etc.)

In recent times, the incidence of natural calamities, such as storm, floods and cyclones, have increased manifold. In the first half of 2020 itself, India has witnessed two cyclones – one each in the Bay of Bengal and te Arabian sea. When such a natural calamity strikes, it not only damages the trees, vehicles and external properties but also ends up damaging several houses.

Vehicle Insurance

What We Cover

A motor vehicle includes private cars, Motorised Two-wheelers and commercial vehicles excluding vehicles running on rails.

Who can Insure?

Owners of the vehicle financiers or Lessee who have an insurable interest in a motor vehicle.

Insured Declared Value (IDV)

1. In the case of a vehicle not exceeding 5 years of age the IDV has to be arrived at by applying the percentage of depreciation specified in the tariff on the showroom price of the particular make and model of the vehicle.
2. In case of vehicles exceeding 5 years of age and Obsolete models (manufacture of those vehicles which have been stopped by the manufacturers), they have to be insured for the prevailing market value of the same as agreed to between the insurer and the insured.

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