While the working women across the globe are assuming new roles and playing a vital part in the corporate environment, their average pay-scale still doesn’t match their mettle or even align with the average salary of the industry. Here we are especially taking about the women belonging to middle class.

Their salary does help in paying the bills and taking care of other small household expenses but in many cases it is not sufficient to take care of big expenses. That is why it becomes all the more difficult for them to bear the expensive treatments during the case of critical illness. With their average salary it is generally not possible for them to save for such situations. Moreover, the expenses associated with critical illness are generally unpredictable that makes it difficult for them to plan the saving. In such scenario, one needs a scalable financial support that could adequately cushion such situations with the help of ready funds. In such cases the health insurance plans for women can help a great deal.

What is a Woman Health Insurance Plan?

Medical Insurance Plans is an extended term that covers the various costs associated with medical conditions- right from medications charges till hospitalization. In fact when one opts for woman health insurance it covers a number of specific conditions in the life of women like maternity benefits, child care, etc. That is why opting for a reliable women health insurance plan can help you a great way to achieving the financial independence. There are multiple ways in which the healthcare insurance plans can help a woman with required financial aid.

Single women and old parents Health Insurance Plan

Another thing that worries single working women is the health of her aging parents. Due to the advanced age, quick aid is necessary but the financial limitations may prevent you from the quick access to the medical help.

• • The health plans cover your children as well as parents and empower you with the required financial aid during the case of your parent’s illness.
  • The hospitalization charges may be expensive and in many cases even more costly than the medication charges. By covering the hospitalization charges the health insurance plans save you from significant expenses without compromising on the health of your parents.

Special Health Insurance Plan for newly-wed women

One of the major expenses that a newlywed working woman has to spend is the maternity expenses. In fact the condition makes the things even more difficult for middle-class women as they have to take a long maternity leave from the job that makes a significant hole in their income while at the same time they have to borne various costs associated with maternity- right from regular checkups and medication till delivery charges. Special care about the diet, need to hire domestic help and frequent needs to visit the doctor with the husband (requiring him to take leaves) can have a long lasting impact on the financial health. Ultimately the huge costs associated with delivery and the immediate needs of funds make it very important to have ready funds for ensuring quick medical help during such critical situation.

• • However, the medical insurance plans for women offer a number of maternity benefits thus almost eliminating the different charges associated with multiple phases of maternity period.
  • For availing these benefits a woman needs to opt for the health insurance least 2 years prior to conceiving so it is recommendable to go for such a product just after the marriage. This plan covers the woman as well as her husband. 

Health Insurance Plan Working Women living in joint family 

The women living in a joint family often have difficulty in selecting the members that she would include in her insurance policy. As a woman she has a number of responsibilities and the equation of relation might be too complicated for her to decide whom to include.

• • By wisely choosing the ideal medical insurance plans she could enjoy a wider cover that is capable of providing extended coverage to as many as 15 members of her family and includes a number of relations like parents, children, siblings and even son/daughter in law.

Special health condition during advancing age for Health Insurance Plan

One of the major challenges that working women might have to face is to take care of any demanding health conditions during their advanced age. The working women tend to develop health issues during old age due to their highly demanding lifestyle during youth and the middle age.

• • As the woman is not earning during her old age, the lack of funds may prove to be a barrier to respond confidently to her medical needs. By choosing the ideal healthcare policy she cannot only avail of the quick financial help needed for quality medical care but also enjoy the premium hospitalization experience as the hospitalization charges are also borne by the insurance company.

How to buy the best health insurance policy for women?

 It is very important to check the profile of the medical insurance plans provider before you trust them with your and your family’s future. Knowing about the plans and investment process is not enough. One should check the portfolio, track record and trust building features of the insurance company. These features play a crucial role when you need the finance during crucial healthcare stages.

Hasty steps can harm, and it is better to invest sincerely with futuristic perspective and employ a 360-degree evaluation to buy the best health insurance policy. Apart from the genuine, uncomplicated payout the policy should be fairly priced and fit well into your budget. Before you finalize any policy it is important to go through plans and terms and conditions. Anything that is not clear can be understood with the help of the instance agent of financial advisor instead of remaining in dark.

Working women have to look after, multiple responsibilities that can result in physical and mental stress. However, the repercussions tangible experienced during the active years. But during the advanced age, the tangible effects of over stress are revealed in the form of frail body and illness. Having a medical insurance plans for women (thebalancemoney[dot]com/top-benefits-of-life-insurance-for-women-4175911) can help them to avail of the best healthcare services and medication during such period. These healthcare plans also offer a number of benefits during eh prime years of he life lie are benefits. By choosing e high type o and helps women can ensure their future and those of their family members too.

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Both Mediclaim and health insurance policy or critical illness insurance plans refers to emergencies related to ones health. But the health insurance plans offer better benefits as compared to a Mediclaim policy.

If you have a Mediclaim policy and think that it is the same as having a healthcare insurance critical illness insurance plans, then look into it deeper. This is a common mistake that most of the first time insurance buyers tend to do.

What Is Mediclaim Policy

The Mediclaim policy covers the hospitalization and treatment costs that one has to bear towards a disease or an illness that is predetermined. The premium of the policy has to be paid annually and the premium amount is decided based on what the sum assured amount of the policy is.

Does Mediclaim Allow For Cashless Settlement Facility?

Yes you can avail the cashless facility even with a Mediclaim policy provided you are getting treated in one of the partner hospitals. If the hospital is a non-partner then you will have to show the bills at the time of settlement. This is however similar to claiming when you have a health insurance too.

How Is The Mediclaim Policy Different From The Health Insurance ?

The health insurance policy as well as the Mediclaim policy covers the hospitalization expenses but the health insurance offers a more comprehensive coverage. The health insurance coverage plan that they offer is also very extensive. You can also enjoy additional benefits when you take a health insurance policy like ambulance services or if there is a loss of your income when you are sick.

Tenure Of The Mediclaim And The Health Insurance Policies Critical Illness Insurance Plans

The Mediclaim policy falls under the category of a general insurance policy and this policy has to be renewed annually. The health insurance policy on the other hand is offered for more number of years. The premium amount of the Mediclaim policy can change each year but that of the health insurance policy stays the same.

Is Critical Illness Covered Under A Mediclaim Policy?

No, critical illness is not covered under a Mediclaim policy. The sum assure of a Mediclaim policy is lower and mostly limited to 5 lakhs. This means that critical illness coverage cannot be provided by these policies because of the high expense that it incurs. Those who have a health insurance can take a critical illness rider. A health insurance plan critical illness insurance plans also offers the choice of a higher sum assured say around 30 lakhs.

Claiming Process Under A Mediclaim And A Health Insurance Plan

If you have a Mediclaim policy then you can make any number of claims till the complete sum assured amount is used up. However when you want to claim under the health insurance critical illness insurance plans then the insurance company transfers the complete amount in one go. Thus you cannot keep claiming till the policy tenure ends.

Is Mediclaim Or Health Insurance Policy Better?

This is a personal choice. A number of people buy a Mediclaim policy, benefits of Mediclaim policy because of the lower premium amount. This is a mistake as per the experts but again it is better to have some coverage than no coverage at all.

Health insurance critical illness insurance plans offer comprehensive coverage and it gives the policyholder a number of benefits. But if you think that you cannot afford a health insurance then you are better off with a Mediclaim policy.

However if you have Mediclaim policy then you could also a buy a health insurance critical illness insurance plans. This means that you can use up the Mediclaim policy for any minor hospitalization and use the health insurance amount to settle a huge medical bill.

Which Policy Should You Buy For Your Health Expenses – Mediclaim Or Health Insurance?

If you are still confused between which policy is the most suited for you, then decide based on the following points:

Health Insurance Plans

• • This is a comprehensive policy which means that it does not just pay for your hospitalization but also the post hospitalization expenses
  • The policy covers critical illness as well. The critical illness is a rider and has to be purchased as an add on to the original health insurance policy
  • What critical illness is covered is based on the insurance companies discretion .So it is important that you read it once before buying the a rider
  • You may be eligible for discounts when you go for a renewal

Mediclaim Policy

• • The Mediclaim policy provides only hospitalization expense coverage and in case of an accident or any specific illness
  • The policy will not cover any other hospitalization charges or offer any critical illness cover

Conclusion- 

It is important that you understand the pros and cons and the difference between Mediclaim and health insurance before buying a Mediclaim or health insurance plan . The only reason why one may buy a Mediclaim policy is because it is priced cheaper. But also understand that the coverage is less in the case of a Mediclaim policy.

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Health insurance plan can be subscribed to get protection from various kinds of ailments and diseases. Health insurance policies are offered for newborn babies and children by various insurance companies. The life insurance plan covers the death while the health insurance covers the hospitalization. The healthcare costs are increasing in India and a caring parent should choose the best policy to offer best protection for the child. Even though you are covered by a medical insurance offered by your employer, you should go for an additional policy as per your needs.

Purpose of health or medical insurance

Health insurance will cover eventualities such as surgery, hospitalization and medical treatment. There is a difference between Mediclaim policy and health insurance. The Mediclaim is limited to the hospitalization cost. You will want to claim the medical expenses towards the treatment and the insurance company will reimburse the amount.

With the health insurance plan, you will get additional benefits. The health insurance plan will cover the medical consultation fee, medical bills, cost of diagnosis, treatment cost, boarding charges, ambulance charges, pre-hospitalization & post-hospitalization expenses. Hence, it is a comprehensive policy to take care of your health in the best possible way.

There are some life insurance products which offer medical treatment coverage due to accident or sickness. The insurance company will pay lump sum amount and it will be helpful for treatment.

Benefits of health insurance

The following benefits are enjoyed by buying a health insurance policy from a reputed health insurance company which shows Why you need to get your children insured?

• Sufficient health cover – The health insurance cover offered by the corporate health cover will be insufficient to meet your children’s needs. The insurance plan offered by the employer will cease to exist as soon as you quit the job. Hence, you should want to buy a comprehensive health insurance plan.
• Ability to deal with life-threatening diseases – The number of children being treated for life-threatening diseases is increasing at a constant pace. The risk to various kinds of diseases such as anthrax, dengue, measles, rubella, viral hepatitis, mumps and acute diarrhea disease has increased in the past few years. The health insurance is a great option to fight deadly diseases. Even though the medical facilities are available, they are very expensive. With the help of a comprehensive medical insurance policy, you will get treatment and it is possible to save your child. The family will survive the financial hardship as the medical treatment cost will be borne by the insurance company.
• Healthcare planning – Your child’s health may be spoiled due to accident or injuries. If there is medical emergency, it will be borne by the health insurance company when you subscribe to the best plan. The health care planning and financial planning is essential so that you can live with great peace of mind.
• Income tax benefits – The premium paid towards the child health insurance plan will be exempted under the Section 80D of the income tax act. If you subscribe to a health insurance plan, you will get tax exemption up to Rs. 25,000 in a financial year.
• Additional benefits – In addition to the cost of treatment, you will also get additional benefits with the subscription of medical insurance plans in India. The additional benefits include daily cash allowance, recovery expense, and domiciliary treatment. You can also get additional benefits by customizing the plan as per your needs. Some insurance companies offer attendant benefit, alternative treatment and domiciliary hospitalization.
• Lifelong renewal – some health insurance plans are offered with lifelong renewal option. If you do not claim the policy in the previous year, you will get no-claim bonus.

Individual health insurance plan

You can buy an individual health insurance plan as per the needs of your child. If there are some hereditary health risks, you can choose a plan to include those risks. The sum assured will be in between Rs. 1.5 lakh to Rs. 50 lakhs. The individual health insurance plan covers the pre-hospitalization and post-hospitalization expenses.

Most of the insurance companies cover 60-days pre-hospitalization and 90-day post-hospitalization expenses.

You will get access to a network of hospitals managed by the insurance company. You can choose the policy term for 1, 2 or 3 years with a lifelong renewal option. When you buy an insurance policy at a young age, the premium will be very low.

Family floater insurance plan

The family floater plan is an affordable health insurance option. It is possible to cover all the family members with the help of the family floater plan. The insurance premium will be very low. The sum assured can be utilized by one or all the family members. Hence, one or more children plus parents are accommodated in the health plan. You can also include your parents in the family floater plan. However, the insurance premium will be high for senior citizens. Hence, instead of including parents who are above 60 years of age under your family floater plan, you can buy a separate policy to get your children insured.

Top up insurance plans

It is possible to subscribe top up plans so that the insurance coverage will be enhanced. Instead of buying another insurance policy, you can choose a top-up plan. Terminal illnesses such as cancer and AIDS are not covered by a basic health insurance policy. By choosing top up plans, you can get additional benefits. You can also subscribe to super top-up plans to make the most of your health insurance plan.

You should buy the health insurance plan by offering correct information to the insurance company so that your claim will not be rejected by the insurance company. You should also choose the most appropriate policy as per your child’s needs.

Conclusion

You can go through the various kinds of health insurance plans offered different insurance companies. The insurance plan that offers best features at a low premium can be selected so that you can cover various kinds of health-related risks very easily. A health insurance plan can be subscribed online and you will get assistance with claim reimbursement and 24/7 assistance so get your children insured.

Please refer other financial news in Newskart at Business & Finance section, also know top 20 General Insurance and Life Insurance companies in India.

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Travel insurance is a part of general insurance that can help you to travel anywhere in your country or abroad in a safe and secured manner without any hassle. This covers your trip and keeps you protected against many unfortunate incidents that can happen while traveling. It is vital for you to go through the inclusions and exclusions and then choose the best travel insurance plan with a comprehensive cover.

What Travel Insurance do Cover?

1. Medical Cover

This is the most significant components of a travel insurance plan, you can make a health claim and get treated. Hospitalization costs, OPD expenses, chemist bills and first aid charges are some of the medical provisions included in a standard travel insurance plan.

2. Air Ticket Cancellations

A good travel insurance plan protects you against the flight, air ticket, hotel reservation cancellations as these cancellation charges are very high. Cancellation charges, up to a certain limit, are included in a travel plan.

Also in case if need to return back home leaving your trip in between due to any unavoidable reasons then this cover helps you to do so.

3. Missed Flights

Sometimes it also protects you from if you missed your flight or a connecting flight, a travel insurance plan assures you a ticket on the next available flight if such an incident takes place.

4. Lost or Misplaced Luggage

If you lost your luggage or belongings then a travel insurance plan includes this factor and so you can get compensated for your lost baggage.

5. Lost Passport

If you lost your travel documents while on a trip then your insurance provider will assist you in every possible way and make provisions for you to get an emergency, temporary passport so that you can continue with your trip in a hassle free manner.

What Travel Insurance do not Cover?

1. Pre Existing illness

Any pre-existing illnesses are not covered in the travel insurance plan.

2. Acts of Terror or War

Any damage, cancellation or injury stemming out a war or terrorism won’t be covered under a travel insurance plan.

3. Sports Injuries

If this results due to any adventurous sport or a hazardous activity, you cannot make a claim on your travel insurance plan.

4. Maternity Costs

Any expenses related to pregnancy and childbirth is not covered under a standard travel insurance plan. However, some insurance providers offer this cover at as an add-on cover that you can get at an added cost.

Disclaimer- The information provided in this article is intended as a broad summary of benefits and services most of the travel insurers provided and it is meant for the informational purpose in a broad & general way only, which meant to change. If you are looking for any specific scenario then you need to consult your travel insurance provider, we don’t have any recommendation.

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If you are thinking of providing the utmost level of security to your family members and yourself, nothing can beat the contribution of insurance policies. Every living person on earth has different needs and requirements and in order to fulfill each demand, it is always safe to have a financial backup from Life Insurance Corporation of India. Moreover, for continuing to receive the service throughout your life, you need to need to know all about LIC premium payments.

Established in 1956, LIC has the most popular and largest insurance company in India as the estimated value of the organization is approximately US$250 billion. Due to the effective and efficient policies, the organization is able to dominate the Indian market on a large scale. Spreading all across the country, the company has acquired over 2000 branches that have around 14 lakh insurance agents helping every interested person regarding LIC premium payments online.

Know about LIC and its Services

The Life Insurance Corporation of India has gained its fame due to the unbelievable services and easy LIC online premium payment. After getting the policy, you can inquire about the policy status and its unpaid premium, policy schedule and its due date, bonus status and loan status. Easing people’s lives each passing day, the policyholders can make payments through UPI, BHIM, Credit Card, Debit Card and Net banking.

Register Yourself First for LIC Premium Payment

If you are not a registered LIC member, you have to register yourself first by following few steps. You need to get the registration form from LIC premium payment at first and then create an account following certain guidelines.

• For making LIC premium payment in future, you have to choose a proper username that will have alpha and numeric with special characters including and score.
• Create a strong password for easy LIC premium payment options with 8-30 characters.
• Chosen pin code must not exceed the limit of six digits. For averting fraudulent cases regarding password hacks, you must not share your password with anyone. In this way, you can have a smooth experience on LIC premium payment portal.
• By entering a valid email ID, you can enable the services regarding LIC premium payment offers.

If you want to proceed with LIC premium payment, you have to know the status of the LIC policy first. After going through the guidelines and policy related information and registering yourself for LIC premium payment online payment, you have to log in to the online portal.

How to check LIC Policy Status?

After being done with the registration and login stages, you will have to undertake the easy process of knowing LIC premium payment details including the status.

• At first, you are required to visit the official web portal LIC premium payment and entering username and password.
• Then choose the option that indicates policy status and fill out certain details.
• The details include LIC policy number, your date of birth, amount of the LIC premium payment and registered email ID.
• After providing details, you will be redirected to a new page where you will be shown all the policies that you have enrolled.
• On the page showing enrolled policies, you will see the dates of LIC premium payment and the amount of vested bonus.
• Only by clicking on the policy number then, you are shown LIC premium payment status.

Know Status of the Policy without Having Registration

 For future use of LIC premium payment, knowing the status is essentially required and if you are not a registered user, you might face certain constraints. You can opt for a phone call or SMS service for enjoying the best of the policies continuously. Moreover, everyone is not gifted with an internet connection, for them, the phone call or SMS service can be a great option for staying updated with the due dates of LIC premium payments.

• If you have to go for LIC premium payment, you need to send message writing ASKLIC STAT for inquiring about the IPP policy status.
• In order to know about annuity amount, you will be advised to send a text message mentioning the code ASKLIC AMOUNT.
• If you are keen to know whether you are gifted with bonus, you need to send a text writing ASKLIC BONUS and pay the LIC premium payment accordingly.
• For LIC premium payment without registration, the policyholders can give a call to 12151. If you have any query regarding LIC premium payment, the phone call service can help you out on a large scale as it offers 24×7 customer support.

Using advent technology, for LIC, the sky is now the limit as it is the only one organization that has been able to capture the market growth guiding every policyholder from LIC premium statement to LIC premium payments online. The convenient service lives to make people more secure and efficient through its service.

Check top Life and General insurance companies in Newskart.

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If you are searching general insurance companies in India for the insurance of your car, bike, home, travel and health then before taking it, go though this article where I’ve collected top 20 General insurance companies that provide insurance to your vehicles/motors, home, travel, fire and health. General insurance is non life insurance system which includes automobile and homeowners policies, provide payments depending on the loss from a particular financial event.

General Insurance comprises of any insurance that is not determined to be life insurance. It is called property and casualty insurance in the U.S. and Canada and Non-Life Insurance in Continental Europe.

“ACORD” is the insurance industry global standards organization. You can also check Best 20 Life Insurance Companies in India.

Here are some top companies which are providing non life Insurance to the people of India-

1. General Insurance Corporation of India

General insurance corporation of India (GIC) is an India-based company providing international reinsurance and domestic reinsurance services
The company was set up to regulate and supervise the general insurance services in India.
However, now it has also started operating in SAARC countries, South East Asia, Middle East, Africa, London and Moscow. This makes it one of the biggest and placed amongst Top 20 General Insurance Companies in India.
Type: Public company
Founded in: 1972
Headquarter: Mumbai, India
Subsidiaries:

• • • United India Insurance Co. Ltd
    • National Insurance Company
    • Oriental Insurance Co. Ltd
    • New India Assurance Company.

General Insurance Corporation of India customer care number and email

• • • Customer care number – +91 22 2286 7000
    • Email – info@gicofindia[dot]com, info@gicofindia[dot]com

2. Oriental Insurance Company

Oriental Insurance Company is a subsidiary of the Oriental Government Security Life Assurance Company Ltd, GOI
Founded in: 12 September 1947 (Bombay)
History: OIC was a subsidiary of Life Insurance Corporation of India from 1956 to 1973 (the time when General Insurance Business was nationalized in India). In 2003 all shares of the company held by the General Insurance Corporation of India were transferred to Central Government, makes it one of the most trusted General Insurance Companies in India.
Headquarter: New Delhi, India
Overseas operations: Nepal, Kuwait and Dubai

Oriental Insurance Company customer care number and email

• • • Customer care number – 1800 11 8485, 011 33208485
    • Email – csd@orientalinsurance[dot]co[dot]in (for general customer support) portal.support@orientalinsurance[dot]co[dot]in (for general enquiry), ykrao@orientalinsurance[dot]co[dot]in​​, csd@orientalinsurance[dot]co[dot]in (for grievance redress)

3. The New India Assurance Company

New India Assurance Company Ltd., GOI
Founded by: Sir Dorab Tata
Founded in: July 23, 1919 (New India Assurance was nationalized in 1973)
Headquarter: Mumbai, India
Earlier NIA was a subsidiary of the General Insurance Corporation of India (GIC). But as GIC became an reinsurance company as per IRDA Act 1999, all of its four primary insurance subsidiaries New India Assurance, United India Insurance, Oriental Insurance and National Insurance got autonomy. This makes it one of the biggest General Insurance Companies in India and placed amongst Top 20 General Insurance Companies in India.

The New India Assurance Company customer care number and email

• • • Customer care number – 1800-209-1415
    • Email – tech.support@newindia[dot]co[dot]in

4. National Insurance Company

National Insurance Company was founded in 1906 and Nationalized in 1972 and then after NICL operated as a subsidiary of General Insurance Corporation of India (GIC) and also one of the most trusted General Insurance Companies in India.

Headquarter: Kolkata, India

National Insurance Company customer care number and email

• • • Customer care number – 1800-200-7710
    • Email – NA

5. United India Insurance Company

United India Insurance Company Limited was founded in 18 February 1938 (when general insurance business was nationalized in the country in 1972, United India Insurance was merged with 12 other Indian insurance companies, 4 cooperative insurance societies, Indian operations of 5 foreign insurers and the general insurance operations of southern region of Life Insurance Corporation of India) made it one of the biggest General Insurance Companies and general insurance providers in India.

Headquarter: Chennai, India

Rating: ‘iAAA’ by Investment Information and Credit Rating Agency for three years for its strong fundamental policies and financial strength

United India Insurance Company customer care number and email

• • • Customer care number – 1-800-425-33333 
    • Email – customercare@uiic[dot]co[dot]in

6. Royal Sundaram General Insurance Co. Limited

Royal Sundaram General Insurance Co. Limited is a company partnered between Sundaram Finance (AAA), India and RSA (Royal & Sun Alliance Insurance), UK
The company became one of the first General Insurance Companies and private insurer in the country to be licensed post privatization in 2001

Headquarter: Chennai, India

Royal Sundaram General Insurance customer care number and email

• • • Customer care number – New Policy: 022-62604811 | Customer Service: 1860 425 0000
    • Email – customer.services@royalsundaram[dot]in

7. Reliance General Insurance Company

Ownership: Reliance General Insurance Company Limited (Reliance General Insurance Company Limited is a division of Reliance Capital, which is a part of the Reliance Anil Dhirubhai Ambani Group)
Reliance General Insurance Company Limited is one of the First General Insurance Companies in India to be awarded the ISO 9001:2000 certification across all functions, processes, products and locations pan-India.
Headquarter: Mumbai, India

Reliance General Insurance Company customer care number and email

• • • Customer care number – 1800 3009
    • Email – rgicl[dot]services@relianceada[dot]com

8. IFFCO Tokio General Insurance

Ownership: IFFCO-Tokio General Insurance (ITGI) Company
Partnership: Indian Farmers Fertilizer Co-operative (IFFCO) and its associates, India and Tokio Marine and Nichido Fire Group, Japan
Founded in: Dec 4th 2000
It has 100%-self owned distribution channel called IFFCO-TOKIO Insurance Service Ltd. (ITIS), for servicing its retail customers.

IFFCO Tokio General Insurance customer care number and email

• • • Customer care number – 1-800-103-5499, (0124) 428 5499
    • Email – websupport@iffcotokio[dot]co[dot]in

9. ICICI Lombard General Insurance Company

Ownership: ICICI Lombard General Insurance Co. Ltd.
Partnership: ICICI Bank Ltd., India and Fairfax Financial Holdings Ltd., Canada
Founded in: August 2001
Headquarter: Mumbai, India
Certification: ISO 9001:2000 and iAAA rating by ICRA indicating the highest claims paying ability
Recognition: ‘General Insurance Company of the Year’ (2007), NDTV Profit Business Leadership Awards 2007, etc.

All these awards and customer satisfaction made is one of the most trusted General Insurance Companies in India.

ICICI Lombard General Insurance customer care number and email

• • • Customer care number – 1800 2666, 86 55 222 666, 1800 266 9725 (Crop Insurance)
    • Email – customersupport@icicilombard[dot]com

10. Bajaj Allianz General Insurance

Ownership: Bajaj Allianz General Insurance Company Limited
Partnership: Bajaj Finserv Limited (74% share) and Allianz SE (26% share)
Started in: 2nd May, 2001 (IRDA provided certificate to run general insurance business as well as health insurance to Bajaj Allianz General Insurance company)
Headquarter: Pune, India

This general insurance company is popular among the people of India due to its popular plans and keeps it in the Top 20 General Insurance Companies in India.

Bajaj Allianz General Insurance customer care number and email

• • • Customer care number – Sales – 1800-209-0144, Service – 1800-209-5858
    • Email – websales@bajajallianz[dot]co[dot]in

11. Tata AIG General Insurance

Ownership: Tata AIG General Insurance Company Limited or Tata AIG General
Partnership: Tata Group (74% stakes) and American International Group, Inc. (AIG) (26% stakes)
Started in: January 22, 2001
Headquarter: Mumbai, India
Tata AIG Gen Insurance wins best claims service company of 2012 – Tata AIG General Insurance won the Claims Service Company of the Year and the Best Non-Urban Coverage Award at the India Insurance Awards 2012 held in Mumbai on June 7, 2012.

Tata AIG General Insurance customer care number and email

• • • Customer care number – 1800 266 7780 / 1800 22 9966 (only for senior citizen policy holders)
    • Email – customersupport@tataaig[dot]com

12. Cholamandalam General Insurance Company

Ownership: Cholamandalam MS General Insurance Co. Ltd.
Partnership: Murugappa Group, India and the Mitsui Sumitomo, Japan
Cholamandalam MS General is currently servicing in 38 countries and in India there are 108 branches itself.
Started in: October 2002
Headquarter: Chennai, India
The group is a market leader in India across a spectrum of products like sanitaryware, fertilisers, abrasives, automotive chains, car door frames and steel tubes. Neemazal, a neem-based organic pesticide, is the market leader in bio-pesticides. Some of the country’s best-known brands like BSA and Hercules in bicycles, Parryware in sanitaryware, Parrys Spirulina and Parrys Beta Carotene in nutraceuticals, Ballmaster and Ajax in abrasives, Gromor and Paramfos in fertilisers, and many more come from the Murugappa Group

Cholamandalam General Insurance customer care number and email

• • • Customer care number – 1800-200-5544 (Accessible from India only), +91-44-3098 5300 (For Abroad Customers)
    • Email – customercare@cholams.murugappa[dot]com

13. HDFC-ERGO General Insurance Company

Ownership: HDFC Ergo General Insurance Company Limited
Partnership:  HDFC Limited (74% stakes), India and Ergo International AG (26% stakes), Munich Re Group.
Indian presence: 74 cities across India with about 80 branch offices
Founded in: Oct 17, 2002
Headquarter: Mumbai, India

HDFC-ERGO General Insurance Company customer care number and email

• • • Customer care number – 1800 2700 700
    • Email – care@hdfcergo[dot]com

14. Apollo Munich Health Insurance (Apollo Munich now HDFC Ergo)

Ownership: Apollo Munich Health Insurance Company
Partnership: Apollo Hospital Group (74% stakes), India and Munich Health (26% stakes), Germany

Now-

Formerly known as Apollo Munich Health Insurance Company Ltd., which came into existence with HDFC Limited acquiring the majority stake of 51.25% in the company Apollo Munich Health Insurance Co. Ltd.

Founded in: 2006
Headquarter: Gurgaon, India
Certification: ISO 9001:2008
Health Plan For Individuals & Families

Apollo Munich Health Insurance customer care number and email

• • • Refer to the contact numbers given above in point #13 (HDFC Ergo)

15. Universal Sompo General Insurance

Ownership: Universal Sompo General Insurance Co. Ltd.
Partnership: Allahabad Bank, Sompo Japan Insurance Inc., Dabur Investments, Karnataka Bank and Indian Overseas Bank
Founded in: November 2007
Headquarter: Mumbai, India

Universal Sompo General Insurance customer care number and email

• • • Customer care number – Customer Care Helpline : 1800 22 4030, 1800 200 4030, 022 – 27 63 9800,022 – 39133700 Health Product Customers Helpline : 1800 200 5142, 022 – 39 63 5200 Fax – 1800 200 9134
    • Email – contactus@universalsompo[dot]com, For Claims – contactclaims@universalsompo[dot]com

16. Future Generali India Insurance

Ownership: Future Generali India Insurance Company Ltd.
Partnership: Future Group (74% stakes), India and Assicurazioni Generali (26% stakes), Italy
Headquarter: Mumbai, India

Future Generali India Insurance customer care number and email

• • • Customer care number – 1860 500 3333 / 1800 220 233, 022 67837800
    • WhatsApp – 91-8108198603, 91-8828617629, 91-9594678381, 91-8108198641
    • Email – fgcare@futuregenerali[dot]in

17. Shriram General Insurance

Ownership: Shriram General Insurance Co. Ltd.
Partnership: Shriram Capital Limited (74% stakes), India and Sanlam Limited (26% stakes), South Africa
Founded in: 1974
Headquarter: Jaipur, India

Shriram General Insurance customer care number and email

• • • Customer care number – 1800-300-30000, 1800-103-3009
    • Email – NA

18. Bharti Axa General Insurance (Now merged with ICICI Lombard General Insurance)

Ownership: Bharti-AXA General Insurance Co. Ltd. (Now ICICI Lombard General Insurance)
Partnership: Bharti Enterprises, India (74% stakes) and AXA, France (26% stakes)
Founded in: 13th July 2007
Headquarter: Bangalore, India

Bharti Axa General Insurance customer care number and email

• • • Customer care number – Buy: 022-6118-8888 | Renew & Claim: 1800-103-2292
    • Email – customer.service@bhartiaxa[dot]com

19. Raheja QBE General Insurance

Ownership: Raheja QBE General Insurance Co. Ltd. (Prism Cement Ltd India and QBE Holdings Pty. Ltd.)
Partnership: The Rajan Raheja Group’s Prism Cement Ltd, India (74% stakes) and QBE Insurance Group, Australia (26% stakes)
Headquarter: Mumbai, India

Raheja QBE General Insurance customer care number and email

• • • Customer care number – Telephone: 022-42313888, Toll Free: 1-800-102- (RQBE) 7723, Mobile : +91 70453 59601
    • Email – info@rahejaqbe[dot]com

20. Export Credit Guarantee Corporation

Ownership: Export Credit Guarantee Corporation of India Ltd
Founded in: 1957 by the Government of India, earlier known as Export Risks Insurance Corporation (ERIC) and then renamed as Export Credit and Guarantee Corporation Limited (ECGC) in 1964 and thereafter to Export Credit Guarantee of India in 1983.
Basic work: To promote export and functions under the administrative control of the Ministry of Commerce & Industry, Department of Commerce and Government of India.
ECGC, in terms of coverage of national exports, is the fifth largest credit insurer of the world.
Headquarter: Mumbai, India

Export Credit Guarantee Corporation customer care number and email

• • • Customer care number – 1800-22-4500
    • Email – NA

21. Acko General Insurance Company

Acko General Insurance Co. Ltd. is a private sector general insurance company in India. Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India in September 2017. In a very short span of time, it gained popularity among the people of India due to competitive general insurance rates which placed it amongst the Top 20 General Insurance Companies in India.

Acko customer customer care number and email

• • • Customer care number – 1860 266 2256
    • Email – hello@acko[dot]com

22. Aditya Birla Health Insurance Co. Ltd.

Aditya Birla Capital Limited (ABCL) is one of the largest financial services players in India, formerly known as Aditya Birla Financial Services Limited, ABCL is the holding company of all the financial services businesses of the Aditya Birla Group.

Aditya Birla Health Insurance customer care number and email

• • • Customer care number – 18001031033
    • Email – Care.healthinsurance@adityabirlacapital[dot]com

23. Liberty General Insurance Ltd.

Liberty General Insurance is a joint venture between Liberty Citystate holdings PTE Ltd, a group company of US Headquartered Liberty Mutual Insurance Group, a leading multinational property and casualty group, Enam Securities, a privately owned and managed firm that makes long-term investments in listed companies, as well as backs entrepreneurs building valuable private companies and DP Jindal Group, an industrial conglomerate.

The company started operations in 2013 with the aim of providing comprehensive retail, commercial and industrial insurance solutions.

With an employee strength of 1100+, 60 offices in 58 cities across 23 states, this general insurance company spread its wings strongly in the country.

It has partnered with 5000 hospitals and more than 3100 auto service centres. The company offers health and personal accident insurance, car and two-wheeler insurance, employee compensation insurance, commercial insurance, fire and engineering insurance, marine insurance and other miscellaneous insurance products in India.

Liberty General Insurance customer care number and email

• • • Address – 10th floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400 013
    • Customer care number – 1800-266-5844, 022 6700 1313
    • Email – care@libertyinsurance[dot]in

24. Digit General Insurance

Fairfax Group, based of Toronto, Canada and has operations in over 30 countries and takes a long-term value approach towards investments in India has backed Digit General Insurance.

Started operation from Bengaluru in 2016, they offer wide range of non-life insurance products such as Car/Byke/Travel/Home/Mobile insurances in India through their digital platform.

Digit General Insurance customer care number and email

• • • Customer care number – 1800-258-5956, 1800-103-4448
    • Email – hello@godigit[dot]com

As per the study by India Brand Equity Foundation (IBEF), Insurance industry with strong growth cycle has reached a total industry size of ~USD 280 Billion in 2020. Out of total 57 insurance companies, 24 are in the life insurance business and 33 are non-life insurers.

Image credit- Canva