PRODUCTS

• Life Insurance

  Life Insurance

  Life Insurance policies help safeguard your family's financial independence in the event of your unfortunate demise or critical illness. They are even more important if you are the chief wage earner of your family. We offer a comprehensive range of life insurance products:

  • Term Plans: They are pure risk cover plans with or without maturity benefits, lasting for a definite time period. They also let you avail of the benefit to cover outstanding debts like mortgage, home loan, etc.
  • Children’s Plan: They ensure a secured financial future for your child. In the unfortunate event of your demise or disability this plan protects your child’s dreams and aspirations from being hampered financially.
  • Retirement Plan: They secure your financial security after retirement, enabling continuity of your standard of life without any compromise.
  • Unit Linked Insurance Plan: They give investors the benefits of both insurance and investment under a single integrated plan that is flexible and transparent. Depending on your risk appetite, you have the option of choosing from a host of investments such as stocks, bonds or mutual funds.
  • Endowment plans: They are long- term regular savings plans that are ideal for risk-averse customers. At the end of the policy’s fixed term, the insured receives a lump-sum payment. In case of demise of the insured, the payment is made to the nominee.
  • Whole Life Plan: This is a type of permanent insurance, combining life coverage with an investment fund. In this policy the risk is covered throughout your life time but the premium could be paid for as long as whole life or for a limited period or as single mode.
• Employee Benefits Insurance

  Employee Benefits

  Employers that invest in preventive and promotive healthcare of their employees, create a healthier, happier and more engaged workforce. We guide employers to develop customized benefit plans that drive engagement, promote responsibility, accountability, and help manage health risk and chronic conditions, thereby creating a more cohesive work environment. The following coverages are offered:

  • Group Mediclaim
  • Group Personal Accident
  • Group Workmen Compensation
  • Group Term Life
  • Group Credit & Mortgage Redemption
  • Group Gratuity
  • Group Superannuation
  • Group Leave Encashment
  • Group Savings Linked Plan
  • Group Employees Deposit Linked Insurance Scheme
  • Group Overseas Travel
• Liability Insurance

  Liability Insurance

  Liability insurance is a part of the general insurance system of risk financing to protect the insured from the risks of liabilities imposed by lawsuits and similar claims. Liability insurance is designed to offer specific protection against third party insurance claims, i.e., payment is not typically made to the insured, but rather to someone suffering loss who is not a party to the insurance contract. Liability insurance covers provide indemnity to the insured in respect of financial consequences arising out of liability under the civil law. The liability arises either due to the operation of (a) Law of torts or (b) Specific Statutory Enactments. Liability Insurance covers the following risks:

  • Financial: The policy offers coverage for Management Liability i.e. protects the personal assets of corporate directors and officers, in the event they are personally sued by the company, shareholders, employees, customers, creditors, competitors, government and regulatory authorities, or other parties, for actual or alleged “wrongful acts” in managing a company. Errors and omissions insurance (E&O) or professional liability insurance protects companies and their workers or individuals against claims made by clients for inadequate work or negligent actions. Crime insurance protects a company from loss of money, securities, inventory, or other property resulting from fraud events.
  • Casualty: Casualty insurance is liability coverage of an individual or organization for acts of omission or negligence. The policy provides comprehensive protection for any company against Third party Liabilities arising from various business exposures such as those arising from Premises, Products, Completed Operations, Advertising and Personal injury. In case of a breach or network security failure, a robust cyber insurance policy can help businesses weather the storm effectively by covering both first-party costs such as forensic expenses as well as third-party liability.
• Property Insurance

  Property Insurance

  Property insurance secures the financial risk of a property owner in the event of theft, fire, weather damage, natural calamities etc. This coverage can be opted by individuals, companies, and other related entities. Apart from securing the property against damage it also provides liability coverage, in case someone other than the property owner is injured while on the property. It includes the following categories:

  • Fire insurance secures damage and losses caused by fire at the insured property and helps compensate the cost of replacement, repair, or reconstruction.
  • Engineering Insurance covers a wide range of engineering related risks. It is a comprehensive insurance that provides complete protection against risks associated with erection, resting and working of any machinery, plant or equipment.
  • Marine Insurance covers cargo losses or damage caused to ships, cargo vessels, terminals, and any transport in which goods are transferred or acquired between different points of origin and their final destination.
  • The Consequential Loss Policy offers indemnity against loss of Gross Profit as a result of the loss of production caused by accident which is covered under the Material Damage Policy. Apart from covering loss of gross profit, it also covers Increased Cost of Working which relates to the expenses incurred for reducing or minimizing the reduction in turnover, but not any more than the loss that was purportedly avoided.
  • Miscellaneous Insurance covers a variety of risks that do not feature in regular general insurance categories.
• Motor Insurance

  Motor Insurance

  Motor insurance is mandatory for each vehicle plying on the road. It secures them against damage or loss due to man made or natural calamities. It offers protection against bodily injuries, death, physical damage and third party liabilities. It is a crucial document for all drivers/ vehicle owners. There are three types of motor insurance-

  • Car Insurance
  • Two-Wheeler Insurance
  • Commercial Vehicle Insurance
• Personal Insurance

  Personal Insurance

  Personal insurance products include General Insurance products like Health Insurance, Personal Accident Insurance, and Travel Insurance that are beneficial for individual clients.

  • Health Insurance provides security against medical and surgical expenses of the insured in the event of an injury/ illness. They may be taken by an individual or a group. It is an essential coverage against rising medical costs and to be able to avail quality healthcare services. Types of health insurance plans include indemnity plans, hospital daily cash benefit plans, critical illness plans etc.
  • Personal Accident Insurance policy provides monetary compensation to the policyholder in the event of bodily injuries, disability and even death arising from an accident, violent, visible and external event.
  • Travel Insurance provides security against costs and losses that one may incur unexpectedly while travelling in India or abroad. It is highly recommended and even mandatory in certain cases of international travel.