Insurance Services

We find you the most appropriate insurance plan to meet all of your financial demands.

Health Insurance

The purpose of a life insurance policy is to provide financial protection for the designated nominee’s family if the insured passes away during the policy’s term. When all life insurance premiums are timely paid, this coverage becomes active. Life insurance is an investment you must make if you have family members who depend on you financially.

Why is life insurance necessary?

  • To see to it that your family is cared for when you aren’t around
  • To assist your family in repaying loans while you are away
  • To enjoy a carefree retirement without financial concerns

Health Insurance: What Is It?

A health insurance coverage will pay for any potential medical costs you may have in the event of an illness or injury. If you experience a medical emergency and your health plan covers it, the insurer will pay for your medical expenses.

Why Is A Health Insurance Plan Necessary?

In India, having a complete health insurance plan is required. It protects you and your loved ones from unplanned medical emergencies. Additionally, it guarantees you won’t have to spend all your funds on medical expenses. The coverage that the plan offers in India drives the need for health insurance.

Think about these two details:

  • Costs for medical care have increased significantly.
  • The likelihood of getting sick or hurt has increased along with rising lifestyle-related diseases and longer life expectancies.

 

Given the abovementioned elements, a medical emergency may completely deplete your finances. As a result, having medical insurance becomes crucial.
Consequently, you should purchase health insurance plans in India for the reasons listed below:

  •  Protect your financial savings in a medical emergency
  • Afford quality healthcare despite medical inflation
  • Meet the high costs of hospitalization and medical treatments
  • Save taxes on the premiums paid up to Rs.75,000 under the provisions of Section 80D
  • Get treated at the best hospitals on a cashless basis
  • Cover all your family members under the family floater plan

 

Find the most satisfactory health insurance plan from reputable insurance providers. Select the most appropriate plan that offers all the required benefits at reasonable premiums.

Motor Vehicle Insurance

Private autos are considered motor vehicles. Commercial vehicles, two-wheelers with motors, and vehicles not on rails are not included.

Who may be insured?

Owners, financiers, or lessees of the vehicle who have an insurable stake

Insured’s Declared Value (IDV)

(a) For vehicles under five years old, the IDV must be calculated by multiplying the showroom price of the specific make and model of the vehicle by the tariff-specified percentage of depreciation.

(b) Vehicles more than five years old and obsolete models (those whose manufacture has been discontinued by the manufacturer) must be covered for the current market value of the vehicle as agreed upon by the insurer and the insured.