Insurance

Health Insurance

Comprehensive coverage for individuals and families, taking care of medical expenses, including hospitalisation.

Types of Policy:

• Base Health Insurance: Covers essential medical costs, including hospitalization, treatment, and surgeries.
• Top-up Insurance: Provides additional coverage when your base health insurance limit is exhausted.
• OPD Cover: Includes coverage for outpatient department visits.
• Maternity Cover: Coverage for maternity-related expenses.
• Annual Free Health Check-up: Preventive health check-up annually.
• Modern Treatment Cover: Includes new-age treatments and therapies.
• Worldwide Coverage: Health insurance policies with international coverage.

Benefits:

• Cashless treatment at network hospitals
• Covers pre-existing conditions after waiting period
• Add-ons for critical illness, personal accident, and more
• Covid-19 treatment and specific policies available
• Free annual health check-ups included.
• Tax benefits under Section 80D of IT Act

Key Points to Remember:

• Check claim settlement ratios and grievance handling policies.
• Review the insurer’s claim processes and customer service support.
• Ensure the sum insured covers modern treatments and international health needs.

Vehicle Insurance

Mandatory motor insurance, protecting your vehicle, driver, and passengers.

Coverage:

Motor insurance for vehicles, including damage to the vehicle, third-party liability, and add-ons.

Benefits:

• Covers accidental damage, theft, fire
• Third-party liability coverage
• Zero depreciation and other add-on covers available

Key Points to Remember:

• Review policy add-ons like zero depreciation
• Check for network garages for cashless claims

Transit Insurance

Secure your journeys with coverage for medical emergencies, loss of baggage, and more.

Coverage: Covers medical emergencies, trip cancellations, loss of baggage, and other travel-related risks.

Benefits:

• Medical emergency coverage abroad
• Compensation for lost baggage and trip cancellation
• Includes coverage for delays and disruptions

Key Points to Remember:

• Ensure sufficient medical coverage for international trips

Personal Accident

Protect your family from financial hardships due to accidental death, disability, or loss of income.

Coverage: Financial protection in case of accidental death, disability, or loss of income

Benefits:

• Covers accidental death, partial/full disability
• Compensation for temporary loss of income
• Provides coverage without medical checkups

Key Points to Remember:

• Choose sum insured based on income replacement needs
• Ensure coverage for permanent and temporary disabilities

Householder Insurance

Comprehensive protection for your home, safeguarding the structure, contents, jewelry, and more from potential risks.

Benefits

• Protects home structure and contents from fire, theft, natural calamities, and other covered risks.
• Ensures coverage for valuable items such as jewelry, antiques, and personal belongings.
• Includes protection against burglary and accidental damage.
• Option for additional coverage against natural disasters and unforeseen events.
• Protects both the home structure and interior contents, including furniture, fixtures, and valuables like jewelry.
• Coverage against burglary, fire, and accidental damage to household items.
• Offers add-ons for natural disaster coverage, ensuring peace of mind during emergencies.
• Includes liability coverage for third-party claims and employee compensation for domestic help.

Key Points to Remember:

• Check the coverage limits on high-value items such as jewelry and other valuables.
• Ensure the sum insured reflects the current replacement cost of your home’s structure and interior contents.
• Review the policy for specific terms on claims, including settlement ratio, grievances, and the insurer’s claim handling approach.

Life Insurance

Secure Your Loved Ones’ Future Ensure the financial stability of your family with our tailored life insurance solutions. From term plans to whole life policies, we offer a variety of options to meet your needs at every stage of life.

Coverage:Coverage for death, permanent disability, and critical illness.

Sub Types:

• Term Insurance: Provides death benefit for family security
• Whole Life Plans: Lifetime coverage with wealth growth
• Endowment Plan: Combines savings and life insurance
• Children’s Plan: Provides financial security for children’s education and life milestones
• Pension Plans: Guaranteed annuities for retirement
• ULIP: Combines life insurance with market-linked returns

Key Points to Remember:

• Consider long-term goals like retirement or education
• Review market performance for ULIP plans

Fire / Burglary Insurance

Protect your assets from both fire-related incidents and thefts to ensure complete security.

Coverage:

• Safeguards corporate assets from fire, explosions, lightning, and fire-related damage.
• Provides protection against burglary, theft, and malicious damage.

Benefits:

• Covers damage to buildings, machinery, and stock caused by fire.
• Compensation for business interruption due to fire or burglary.
• Offers coverage for theft, robbery, or damage to property caused during the act of burglary.
• Protects both accidental fire and malicious intent fire damage.

Key Points to Remember:

• Ensure the insured sum covers both fire damage and theft losses adequately.
• Check for additional coverage for corporate interruption due to fire or burglary incidents.

Employee Benefit Policy

Provide your employees with comprehensive coverage and secure their well-being with tailored benefit policies that cover health, accidents, and life risks.

Types of Policies:

• Group Health Insurance (GMC): Covers medical expenses for employees, including hospitalization, OPD treatments, maternity cover, and modern treatment methods.
• Group Personal Accident (GPA): Provides coverage for accidental death, disability, and injury for employees.
• Group Term Life (GTL): Offers life coverage to employees, providing a payout in the event of their death during employment.
• Employee Compensation: Protects employers by covering liabilities related to workplace accidents or illnesses suffered by employees.

Benefits:

• Extensive health benefits, including cashless treatments, pre-existing condition coverage, and maternity benefits.
• Covers accidental death and disability, ensuring financial security for employees’ families.
• Life insurance to provide financial protection for the employee’s family in case of loss of life.
• Employee compensation covers legal liabilities for workplace injuries or occupational diseases.

Key Points to Remember:

• Choose coverage that suits the unique needs of your employees, balancing health and life risks.
• Review policy inclusions like OPD cover, maternity benefits, and modern treatment methods.
• Ensure the policy offers coverage for both permanent and contractual employees.
• Regularly update coverage to reflect any changes in the workforce size or structure.

Transit Insurance

Protect goods in transit, ensuring secure movement and flexibility with tailored marine policies.

Coverage: Protects goods in transit (by air, sea, or road) from risks like damage, theft, and accidents.

Benefits:

• Covers damage or loss of goods during transportation
• Includes coverage for theft and accidents
• Flexibility in coverage for domestic and international transit

Key Points to Remember:

• Evaluate the value of goods to choose the sum insured
• Confirm if coverage extends to loading and unloading

Office Comprehensive Package Policy

Ensure financial protection for corporates with coverage against various risks such as fire, burglary, and machinery breakdown.

Coverage: Protects corporates against fire, burglary, and machinery breakdown.

Benefits:

• Covers damage to corporate property and assets
• Protects from financial losses due to unexpected events
• Includes compensation for machinery repair or replacement
• Offers flexibility with add-ons for specific needs

Key Points to Remember:

• Evaluate sum insured based on asset value
• Check coverage limits for corporate interruptions

Shopkeeper All Risk Insurance

Get peace of mind by protecting your corporate from financial hazards with comprehensive coverage.

Coverage: Comprehensive protection for small corporates against fire, theft, liability, and more.

Benefits:

• Covers damage to shop structure and contents
• Includes liability protection for customers
• Covers theft, fire, and machinery breakdown

Key Points to Remember:

• Ensure policy covers both property and liability risks
• Check for optional add-ons like theft and flood coverage

Corporate Insurance

Safeguard your corporate assets with specialized coverage designed for corporate entities, protecting against risks like fire, property damage, and liability.

Types of Policies:

• Fire & Property Insurance: Covers damages to office buildings, equipment, and other assets caused by fire, natural calamities like earthquakes, floods, and other specified risks.
• Liability Insurance: Protects your corporate from third-party legal claims, including property damage, bodily injury, and public liability.
• Corporate Asset Protection: Secures your office infrastructure, machinery, and essential equipment against unexpected risks.

Benefits:

• Tailored coverage options designed for large corporate entities.
• Comprehensive protection against fire, accidental damage, and property loss.
• Coverage includes protection against natural disasters like floods, earthquakes, etc.
• Liability insurance offers security from third-party claims and legal issues.

Key Points to Remember:

• Ensure your policy covers all critical corporate assets, such as buildings, machinery, and office equipment.
• Regularly review the sum insured to reflect the current replacement costs of your assets.
• Liability insurance is essential for protecting against potential third-party claims.
• Evaluate claim settlement ratios, details on claims handling, and grievance processes when choosing a provider.

Contractor All Risk Insurance

Comprehensive insurance for civil construction projects, covering a broad spectrum of risks.

Coverage: Comprehensive insurance for civil construction projects, covering against risks like damages, injuries, and accidents during construction.

Benefits:

• Covers accidental damages to construction site, equipment
• Includes third-party liability during construction
• Provides compensation for delays caused by accidents
• Covers natural disasters like earthquakes, floods

Key Points to Remember:

• Coverage duration should match the construction timeline
• Ensure all contractors and subcontractors are covered

Liability Insurance

Covers corporates and individuals from various legal liabilities, offering protection for a wide range of risks, including damage to property or bodily injury.

Coverage:Protects corporates from legal liabilities related to property damage, bodily injury, or other risks that may arise in the course of operations, such as:

• Directors and Officers (D&O) Liability: Protects the personal assets of directors and officers from legal claims related to their corporate roles.
• Commercial General Liability (CGL): Provides coverage for general corporate risks, including bodily injury, property damage, and advertising injury.
• Professional Indemnity: Protects professionals from claims made by clients for negligence, errors, or omissions in the services provided.
• Public Liability: Covers claims from third parties for bodily injury or property damage resulting from corporate operations.

Benefits:

• Covers compensation for third-party claims
• Protection against legal costs and settlements
• Includes coverage for bodily injury, property damage, and professional mistakes
• Can include various liabilities like D&O, CGL, Professional Indemnity, and Public Liability

Key Points to Remember:

• Ensure the coverage is tailored to the specific risks of your corporate
• Review exclusions for specific industries and operations to ensure comprehensive protection

Miscellaneous Insurance

Cover unique and less conventional risks that don’t fall under standard insurance categories. Miscellaneous Insurance provides protection for specialized needs tailored to individual or corporate-specific risks.

Types of Policies:

• Directors & Officers (D&O) Liability: Provides coverage to company directors and officers for legal liabilities arising from their professional actions and decisions.
• Fidelity & Liability Insurance: Protects corporates from financial losses caused by fraudulent acts or embezzlement by employees.
• Boiler and Pressure Plant Insurance: Covers damage to boilers and pressure plants due to explosions or other incidents.
• Credit Insurance: Shields corporates from losses due to non-payment of debts, protecting cash flow and ensuring corporate continuity.

Benefits:

• Offers financial protection for specific risks not typically covered under general insurance policies.
• Safeguards corporate leaders and critical infrastructure from unique liabilities and operational risks.
• Customizable solutions for industry-specific risks and operations.
• Protects against internal fraud, theft, and defaults, ensuring corporate stability.

Key Points to Remember:

• Assess which miscellaneous policies best suit your corporate, especially if operating in high-risk environments or industries with unique liabilities.
• Regularly review coverage limits, especially for high-value equipment or liabilities like D&O coverage.
• Include specialised coverage as part of a broader risk management strategy to protect against unexpected incidents.