Travel Insurance :

What are the things you plan for when you travel - business, sight seeing & shopping etc.? How about lost baggage, an accident or even a hospital stay in a strange land?

Very few people plan for real risks like these. Whether you travel for business or for pleasure, international travel involves risk. Medical treatment abroad can be very expensive and one never knows, when one would require it. Having to spend for medical bills in foreign currency can be an expensive proposition. There are other difficult situations also, that one might face like loss of passport or baggage.

Travel insurance helps you to deal with situations during your overseas trip.

Unique Features :

ü   Covers medical expenses and repatriation cost

ü   Loss or delay of Baggage, Loss of Passport

ü   Trip Cancellation, interruption & delay

ü   Personal Accident

ü   Personal Laibility

ü   Hijack Distress Allowance

ü   Daily Hospital Allowance

Special Plans are available for Frequent Travellers.

Travel insurance has to be purchased prior to departure from India.

Top

Health Insurance :

Health care costs are high and getting higher. Who will pay your bills if you have a serious accident or a major illness ? Most of the times we are unprepared for these difficult times, emotionally, as well as financially. Health insurance protects you and your family in case you need expensive medical care. It also offers you cashless benefit for in-patient treatment & medical reimbursement for pre and post hospitalisation expenses.

Various plans are offered by different insurance companies. A Family Floater plan offers the advantage of a single benefit amount being available to all the family members. For example, a family floater of Rs.4 Lakhs can be used by any single member or all the family members put together. It saves you the cost of multiple premiums for covering each member of the family.

Pre-existing conditions are generally excluded but there are special plans for senior citizens offering pre-existing conditions cover.

Premium upto Rs.15,000/- for non-senior citizens and Rs.20,000 for senior citizens paid by cheque gives the benefit of Tax Rebate under section 80D of the Income Tax Act.

Unique Features :

ü   Cashless Facility at hospitals across India

ü   Pre and Post Hospitalisation expenses

ü   Cumulative Bonus

ü   Family Discount

ü   Renewal Discount

ü   Ambulance Charges

ü   Health Check Up facility

ü   Income Tax Benefit

Top

Hospital Cash :

The Worst nightmare that anyone can have is the one when a family member is hospitalized. Today, when everything is uncertain nobody can be sure what will happen. A seemingly small ailment can turn into a major one.

And what happens when the earning member of your family is hospitalized? The family goes through the trauma of a loved one being hospitalized as well as an increased financial burden. There are hospitalization expenses, doctors fees and various tests to be carried out. Meanwhile the patient loses out on his earning for being away from work, and a dismayed and worried family begins to feel the anxiety of the financial implications.

But with a Hospital Cash policy, you and your family can be rest assured! It provides cash benefits for each and every completed day of hospitalization.

Unique Features :

ü   Per day allowance for each day of stay in the hospital

ü   Benefit is doubled in case of ICU admission

ü   Simple Claims process

ü   Income Tax Rebate

ü   Can be purchased as stand alone or with any other health insurance policy.

Top

Personal Accident Insurance :

This policy offers compensation in case of death or disability to the insured person, directly and solely as a result of an accident, by external, visible and violent means.

The policy operates worldwide and is a 24 hours cover.

Different coverages are available ranging from a restricted cover of Death only, to a comprehensive cover covering death, permanent disablements and temporary total disablements.

Family Package cover is available to Individuals under Personal Accident Policy whereby the proposer, spouse and dependent children can be covered under a single policy with a 10% discount in premium.

Top

Car Insurance :

One out of every three cars is damaged in an accident. Fortunately the law in India makes it compulsory for you to insure your motor vehicle.

While insuring against third party liability is important, it also makes good sense to buy a comprehensive cover to give you an all round protection.

This is critical because the car is almost another member of your family, and has the highest emotional value of all your investments. Any damage means both financial loss as well as loss of mobility.

So, insuring your car is not only an obligation, it is also a good financial planning.

Unique Features :

ü   Comprehensive protection to your car

ü   Cashless Claims in Approved Dealer workshops

ü   Discount offered for claim free experience - safe driving pays

ü   Discounts offered for installing approved anti-theft device

ü   Discount offered for membership with approved automobile association

ü   Discount available, if voluntary excess is opted

Top

Life Insurance :

Life Insurance is still perceived as an attractive tax saving tool or an instrument, which gives long-term tax-free returns.

But what it actually does is to mitigate risks and offer financial protection to a family in the event of an untimely death of the breadwinner. It helps you plan and provide for your kids expensive education, daughter’s marriage, your retirement or an estate for your dependents when you are no more.

Children Plans :

These plans are specially designed to meet the increasing educational, marriage and other needs of growing children. It provides risk cover on the life of the child not only during the policy term but also during the extended term. A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.

Options are available for choosing Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium Payment and Premium Waiver Benefit.

Premiums can be paid at yearly, half-yearly, quarterly instalment or through a single premium mode for some plans.

Jeevan Anand :

This plan is a unique combination of Endowment Assurance and Whole Life plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term.

Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted,  throughout the selected term of the policy.

The life assured gets the Sum Assured, Bonus and Final Additional Bonus as maturity amount at the end of premium paying term, premium payment stops but insurance cover continues till death and the Nominee gets an amount equal to the sum assured as Death benefit.

The Plan offers FREE Accident insurance upto the age of 70 Yrs.

Jeevan Tarang :

This is the only Insurance Plan that offers Guaranteed Pension for Life time. Annual Pension benefit at a rate of 5½% of the Sum Assured is paid after the chosen Accumulation Period. The vested bonuses in a lump sum are payable on survival at the end of the Accumulation Period or on earlier death. Further, the Sum Assured, along with Loyalty Additions is payable on survival upto age 100 years or on earlier death to the Nominee.

Unit Linked Insurance Plan :

These Plans offers Investment-cum-Insurance during the term of the policy. The policyholder can choose the amount of life cover. The allocated premium is invested to buy units in one of the following type of Funds chosen : Bond Fund, Secured Fund, Balanced Fund and Growth Fund depending on the risk appetite of the customer. These Plans offer an opportunity to the customers to combine insurance with investment in Bond / Stock Market and reap the benefits.