Life
Health
INSURANCE
Car
Income
Travel
Providing Protection or minimization of unexpected losses arising from future risks, uncertainties, accidents & Income Loss
What’s it? Who needs?? and Why???
Mr.Smart, a medical professional working in Corporate Hospital, married and has a Dependant Family, earns Handsome Income as of today and leads peaceful life and thinks …
‘’I Love my Family members and I always Take care of them. To get My Networth & Investments healthily leveraged, I took few Loans for my Home Purchase, Children Education and my Buisiness improvement ”
If you Love your Family, Get yourself Adequately Insured
What if something mishap happens to him where he is hospitalised and condition is in question??
Hospital Expenses
Loss of Income
Loan Repayments
Children Education & Marriage
Litigation cost to Sell/bequeath
assets, if needed.
Insurance
Mr.Smart, as his name itself says, is already with all necessary & Adequate
Insurances duly consulting his Family Financial Advisor, and thus his family
could get rid of all Financial pressures in this emergency situation.
Whether you are Asset Rich or not,
Insurance is a must until you have Dependents in your Life.
Surprisingly, Mr.Smart is already Asset Rich,
Then why he took all the insurances?
He smartly thought that in case of emergency, his Family cannot get all Required amount easily (liquidating/Selling assets in a short period is not an easy task) and just not to render his family helpless, and to get them an Immediate Relief from all financial perils in the immediate future, he took all the necessary insurances at right time in advance.
The Earlier one Gets insured, Lesser is the Insurance Premium Cost,
Higher the Bonus and other benefits.
How much you earn may not be a concern but it’s the Investment Plan,
that matters a lot for long term wealth creation.
Never Invest / Leave your Hard-earned Money Just to save Taxes,
Rather invest in High Return generating Investments where
the Applicable taxes are comparably almost negligible in long-term.
Never Mix Your Investment with Insurance Products,
Its wise to plan them Separately to get 100% High Returns & High Insurance.
How Long one Requires??
Up to one's Retirement age: 60-65 Years , where one doesn't have Any dependents normally.
Any benefit, In case of Survival?
Insurance must be viewed as Protection only, Never think or Make it like a Benefit. If you still want Survival benefit, opt the Money back policies, where return is very less.
1.Term Life Insurance
Financial Protection or coverage to the beloved Family members of a Person, in case of his Unexpected Demise.
Who Requires??
Every Earning member of a Dependent family and not for Children.
How much one Requires??
not exactly, but At least one must have a life Insurance cover which equals to 10-15 times of Annual Net Salary/ Income.
How much it costs?
For a 30 Year old Person, with Rs.5Lakh of Annual Net Salary,
For Rs.50 Lakh of Sum Assured Life Insurance, premium Amount is Around Rs. 6200/- to 7500/- per year*
Get Upto 20% Discount on your policy. First Just Check & Then Decide.
2.Accidental Insurance
Financial Protection or coverage to the beloved Family members of a Person, in case of his Death that arising out of an Accident.
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Ideally One shall have a Personal Accident cover equal to his Life Insurance Cover.
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If you have this insurance, You can opt out of Mandatory PA Cover-Rider included in Vehicle Insurance thus get a discount.
How much it costs?
For a 30-Year-old Individual Person
Premium cost* For Sum Assured of Rs.50 Lacks of Accidental Death Benefit and Sum Assured of Rs.50 Lacks of Disability Benefit together is Around Rs.3500/- per year.
3.Disability Insurance
insurance that pays disability benefit as a replacement of Regular income lost due to Temporary or Permanent illness or injury even when the person is still living.
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When a Person is Disabled to work & Earn after an Accidental Injury or illness, and fortunately still Survives, He will get a one time Lumpsum paid or Weekly paid Disability Benefit to Compensate his income.
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This may be Temporary/Permanent & Partial /Total Disability.
How much it costs?
For a 30-Year-old Individual Person
Premium cost* For Sum Assured of Rs.50 Lacks of Accidental Death Benefit and Sum Assured of Rs.50 Lacks of Disability Benefit together is Around Rs.3500/- per year.
4.Health Insurance & Top up Health Insurance
Insurance Coverage against Hospital / medical expenses incurred owing to accidents, illness or injury.
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Health insurance cover may be 5/10/15/20/25 Lakhs.
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Ideally one must have 10- 15 lakhs of insurance coverage.
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Start at early age to get benefit of lesser premium and bonus of increased cover
there after. -
It is prudent to split the total health insurance cover (usually higher premium cost) to basic cover + top-up cover.
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Benefits:
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total premium cost will be together less.
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claim in one of these two covers will not affect the NCB of another cover.
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1)For a 30-Year-old Individual Person, Cost of Individual Health Insurance* is
Cost of Health Insurance (Custom Designed)
Total Sum
Assured in Rs.
Annual Premium
Cost in Rs.
Cost of Basic Health Insurance
Cost of Basic + Top up Health Insurances
Cost of Basic + Top up Health Insurances
5 Lakhs
10 Lakhs
15 Lakhs
5500/- to 6800/-
7200/- to 8500/-
8500/- to 9500/-
2)For a 30-Year-old Individual with Spouse and Two Children - Family Floater*
Cost of Health Insurance (Custom Designed)
Total Sum
Assured in Rs.
Annual Premium
Cost in Rs.
Cost of Basic + Top up Health Insurances
Cost of Basic + Top up Health Insurances
Cost of Basic + Top up Health Insurances
10 Lakhs
15 Lakhs
20 Lakhs
16000/- to 17800/-
17000/- to 18700/-
18000/- to 19500
Get Upto 20% Discount on your policy. First Just Check & Then Decide.
5.Motor Vehicle Insurance
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Third Party Liability (Mandatory)
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Own Damage
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Comprehensive ( Third Party Liability + Own Damage )
Vehicle Insurance is 100% portable: means we can switch Renewal of policy from the existing company to other better company without losing any NCB benefit if renewed in time.
Note: Vehicle claims are acceptable at any authorised Service centres (Not at Vehicle Purchased Service centre only) insured from any IRDA approved Insurance company.
Get Upto 20% Discount on your policy. First Just Check & Then Decide.
6.Critical Illness Insurance
In case of just diagnosis of any of the listed Critical Illnesses, Sum Assured chosen for Critical Illness benefit (CIB) is fully payable Lump sum, irrespective of Hospitalisation or Actual treatment cost.
Eg: Cancer, heart attack, stroke, renal failure and paralysis.
7.Travel Insurance
Travel insurance is an insurance product for covering unforeseen losses incurred while travelling, either internationally or domestically
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Protect the cost of your trip if you have a travel delay or need cancellation.
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Offset added expenses due to a travel delay or lost, delayed or damaged luggage.
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Protect from expensive medical bills in case you are injured or become ill while traveling abroad.
8. Professional Indemnity Insurance
The professional indemnity insurance protects you against any legal actions or threats, which a Patient or client, to whom you have caused a major loss because of your mistakes or ill advices or so.
It also saves you from paying a hefty amount of money as compensation to the clients for their losses.
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For Whom?? : Doctors, CAs and other Professionals
Get Upto 20% Discount on your policy. First Just Check & Then Decide.
9.Endowment Life Insurance
Its a Life insurance policy where the individual is assured of Life insurance through out Policy Period and with Return of Premium in the form of Survival Benefit at end of policy term.
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Insurance & Investment policy.
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Life Insurance Cover During the Policy period
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Survival Benefit (ROP)
The materials and information provided on this website are for Education & reference purposes only and can’t be legalised in any way. Consult your Financial Advisor/ Wealth Manger before purchasing any Insurance policy.
*The premium quote is subject to change from time to time from company to company even in case any alteration is made while generating the final quotation for premium. For more details on risk factors, terms conditions, brochure, Riders and exclusions, please read the policy wording carefully before concluding a Purchas
We Provide An Insurance policy that best suits your actual insurance needs with the Best and Least Premium amount available from any Insurance company Approved by IRDA.
We are not Agents to any Specific Insurance Company and
so we provide Policy comparably at lesser premium cost
than the offline Policies.
