Tata AIA Life Insurance Sampoorna Raksha

Why Choose Tata AIA Life Insurance Sampoorna Raksha Supreme?

A Non-Linked Non-Participating Individual Life Insurance Plan We all want to ensure that our loved ones have a comfortable life and secured future. We all thrive to provide happiness and security to our family. We want to make sure they are never short in terms of financial resources to live the life of their

dreams, thereby providing a strong 'foundation' of fanancial security for them. Presenting Tata AIA Life Insurance Sampoorna Raksha Supreme Plan, an insurance plan that  provides fanancial protection to your family and offers you the flexibility to choose the plan that suits your need.

• Choose to increase Life Cover at important milestones with Life stage option.
• Ease of payment with Single / Limited / Regular payment options.
• Whole Life Cover till the age of 100*.
• Preferential rate for women

Why choose a Term Life Insurance Plan?

Get Large Cover at Lower Premium : 

When you are young, you have limited responsibilities, and you are just starting your career. As a salaried individual, you should opt for adequate life cover protection for your family in return for affordable premiums that do not burden your earnings.

Early Mover Advantage :

With an increase in age, your premium may also increase. When you buy the term plan at an early age it is more affordable.

Provides Financial Security :

Buying a term life insurance policy is important if you are the sole bread earner in your family. In case of any unfortunate event, term plans help to cover the risk and secure the future of your loved ones.

Avail Tax Benefits :

When you buy our best term insurance policy, you not only protect your loved ones but also enjoy Tax Benefits as per applicable tax laws, helping you save more.

Discover a premium that perfectly aligns with your current income and future goals using our term insurance calculator.

• Illustrated Premium is premium excluding taxes for Standard Life, Non-Smoker, Life Option with Regular Pay. PT 20yrs, PPT 20yrs. Please refer Benefit Illustration for more details.
• All Premiums are subject to applicable taxes, cesses & levies which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium. Tata AIA Life shall have the right to claim, deduct, adjust, recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. Kindly refer the sales illustration for the exact premium.

Key Features :

• Flexibility to choose from below Death Benefit options:

    - Life Option

    - Life Plus Option

    - Life Income

    - Credit Protect

• Option for Whole Life coverage (till age 100 years)
• Option to Increase cover at Important milestones with Life stage option
• Option to increase Sum Assured through top-ups
• Option to get Income payouts at age 55, 60 or 65 onwards for a peaceful life
• Flexibility to receive death benefit payout as a Lump sum or Income (up to 60 months) or both
• Inbuilt payor Accelerator benefit that advances 50% of Basic Sum Assured in event of a Terminal illness diagnosis
• Option to avail medical second opinion/medical consultation/ personal medical case management
• Flexibility to choose Policy Term and Premium Paying Term
• Lower premium rate for Female lives
• Enhance your protection with Optional Riders
• Product can be sourced through Point of Sales PoS)
• Tax benefits, as per the applicable Income Tax laws

Following Benefits/Options are not available for PoS:

• Life Income option
• Life Stage option
• Top Up Sum Assured option
• Payor Accelerator Benefit
• Riders

Plan Benefits:

Option 1 : Life Option

This is a pure risk variant wherein customer chooses the Base sum assured at the time of purchase. In case the life assured dies during the policy term, the stipulated death benefit (based on Effective Sum Assured as applicable on the date of death - defined below) less any payout under Payor Accelerated Benefit will be paid out to the nominee (as per the payout plan chosen) and the policy will terminate. The Effective Sum Assured applicable for computation of Death Benefit would include any additional SA purchased by exercising either the Life Stage or the Top-Up SA option as described above along with Base SA This plan has an inbuilt benet called “Payor Accelerator Benefit” wherein the benefit amount equal to 50% of the Base SA is paid out as lump sum on acceptance of Terminal Illness (TI) claim by us. Upon payment of the TI claim, the policy continues and any due premiums continue to remain payable. In case the life assured survives till maturity, no additional benet is payable and the policy terminates.

Option 2: Life Plus Option

This is a protection oriented variant wherein the customer chooses the Base Sum Assured at the time of purchase subject to underwriting eligibility. In case the life assured dies during the policy term, the stipulated death benefit (based on Effective Sum Assured as applicable on the date of death - defined below) less any payout under Payor Accelerated Benefit will be paid out to the nominee (as per the payout plan chosen) and the policy will terminate. The death benefit shall be based on Effective Sum Assured as applicable on the date of death. The Effective Sum Assured applicable for computation of Death Benefit would include any additional SA purchased by exercising either the Life Stage or the Top-Up SA option as described above along with Base SA This plan has an inbuilt benefit called “Payor Accelerator Benefit” wherein the benefit amount equal to 50% of the Base SA is paid out as lump sum on acceptance of Terminal Illness (TI) claim by us. Upon payment of the TI claim, the policy continues and any due premiums continue to remain payable. In case the life assured survives till maturity, an amount equal to the 105% of the Total Premiums Paid (excluding loading for modal premiums) towards the benefit option shall be payable at the end of the Policy Term, provided the policy is not terminated earlier.

Life Income Option:

This option provides for the Death Benefit along with the regular monthly income. At inception, the policyholder chooses the Base sum assured subject to underwriting eligibility along with Income Start Age and Income Rate. Starting at the end of every month, after Policy Anniversary following attainment of Income Start Age by the Life Assured, the Regular Income shall be paid in arrears until the death of the Life Assured or end of the Policy Term, whichever is earlier. All Regular Income payouts will be paid to the policyholder. In case the life assured dies during the policy term, the stipulated death benefit (based on Effective Sum Assured as applicable on the date of death - defined below) less any payout under Payor Accelerated Benefit will be paid out to the nominee (as per the payout plan chosen) and the policy will terminate. Note, any excess Regular Income payouts will be adjusted from the death benefit in case any payments were made post date of death. At any time period during the policy term, the “Effective Sum Assured” applicable for computation of Death Benefit would be Base SA less total Regular Income payouts due up to that time. This plan has an inbuilt benefit called “Payor Accelerator Benefit” wherein the benefit amount equal to 50% of the Effective SA (as on the date of diagnosis) is paid out as lump sum on acceptance of Terminal Illness (TI) claim by us. Upon payment of the TI claim, the policy continues and any due premiums continue to remain payable. If at any point in time, the stipulated death benefit falls below the Payor Accelerated Benefit already paid, no additional benefit is payable and the policy terminates. In case the life assured survives till maturity, no additional benefit is payable and the policy terminates.

Here: 

• “Income Start Age” means the age of the life insured at which the regular monthly income, if applicable, starts. The choices available are 55, 60 and 65 years, last birthday and this needs to be selected by the policyholder at the time of purchase of the policy. Once selected, it can’t be changed. 
•  “Income Rate” is a xed rate of the Base SA which is used to determine the quantum of regular income payable to the policyholder, if applicable. The rate can be any percentage between 0.01% to 0.15%, in increments of 0.01%, and this needs to be to be selected by the policyholder at the time of purchase of the policy. Once selected, it can’t be changed.
• “Regular Income” is the amount of monthly income payable from the Income Start Age and is set as Income Rate multiplied by Base SA.

Credit Protect Option: 

This is a pure risk variant wherein the policyholder chooses the Base SA at the time of purchase subject to underwriting eligibility. In case the life assured dies during the policy term, the stipulated death benefit (based on Effective Sum Assured as applicable on the date of death) less any payout under Payor Accelerated Benefit will be paid out to the nominee and the policy will terminate. 

This plan has an inbuilt benefit called “Payor Accelerator Benefit” wherein the benefit amount equal to 50% of the Effective Sum Assured (as on the date of diagnosis) is paid out as lump sum on acceptance of Terminal Illness (TI) claim by us. Upon payment of the TI claim, the policy continues and any due premiums continue to remain payable. If at any point in time, the Effective Sum Assured falls below the Payor Accelerated Benefit already paid, the policy will terminate. 

In case the life assured survives till maturity, no additional benefit is payable and the policy terminates. For further details, please refer Policy Document/Benefit illustration

Death Benefit :

In case of death of the life assured for an in-force policy (all due premiums have been paid), the death benefit payable to the nominee is as outlined below:

Life/Life Plus/Life income options -- 

Highest of

• 1.25 x Single Premium or Death Benet multiple1 x Annualized Premium2 ;
• 105% of Total Premiums Paid (excluding loading for modal premiums) up to date of death; or
• An absolute amount assured to be paid on death

In case of death of the life assured during the Grace Period but before the payment of the premium then due, the policy will still be valid and the benefits shall be paid after deductions of the said unpaid premium and also the balance premium(s), if any, falling due from the date of death and before the next policy anniversary. In case of death of the life assured after a valid claim under the Payor accelerator benefit, the above benefit payable on death would be reduced by the amount already paid under Payor accelerator benefit

1 Death Benefit multiple is 7 in case of Life Option and 11 in case of Life Plus and Life income option 2 in aggregate for Base SA and all tranches of Additional Sum Assured 

3 The absolute amount assured to be paid on death is the Effective Sum Assured applicable as on the date of death 

The “Base SA” of the policy would be the sum of the amount payable as lump sum and discounted value of the income stream, as computed using the discount factor mentioned above as at policy inception.. 

“Annualized Premium” shall be the premium payable in a year under a non-single pay option chosen by the policyholder, excluding the taxes, discounts, rider premiums, underwriting extra premiums, loading for modal premiums, if any.

“Single Premium” shall be the premium payable under a single pay option chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums, if any. “Total Premium Paid” means total of all the premiums received, excluding any extra premium, any discounts, any rider premium and taxes.

Credit Protect option - Effective Sum Assured as on the date of death. 

At the time of purchase, the policyholder may stipulate that the nominee named in the policy receive a chosen portion (up to 100%) of the death benefit as lump sum and remaining as a staggered benefit stream over a pre-decided staggered period. The nominee also has an option to receive the commuted value of the future staggered benefit stream as a lump sum. 

Upon payment of entire sum of the death benefit, the policy terminates and no further benefits are payable. 

In case of death of the life assured during the Grace Period but before the payment of the premium then due, the policy will still be valid and the benefits shall be paid after deductions of the said unpaid premium and also the balance premium(s), if any, falling due from the date of death and before the next policy anniversary. In case of death of the life assured after a valid claim under the Payor Accelerator Benefit, the above benefit payable on death would be reduced by the amount already paid under Payor Accelerator Benefit. 

Payor Accelerator Benefit Under this benefit a Lump sum payout equal to

Life/Life Plus: 50% of Base Sum Assured 

Life Income/Credit Protect: 50% of effective SA It is made on conrmed diagnosis of terminal illness. This is an acceleration of the death benefit wherein the amount stipulated above is payable post acceptance of claim. Upon payment of the terminal illness benefit, the policy continues for the remaining Sum Assured and any due premiums continue to remain payable. Payor Accelerator benefit is not available if product is bought under PoS

Terminal Illness is defined as an advanced or rapidly progressing incurable and un-correctable medical condition which, in the opinion of two (2) independent Medical Practitioners specializing in treatment of such illness, has greater than 50% chance of death of the Life Assured within 6 months of the date of diagnosis of Terminal Illness. The Company reserves the right for independent assessment of the Terminal Illness.

Maturity Benefit : Under Life/Life Income/Credit Protect Options, no additional benet is payable if the life assured survives till maturity. Under Life Plus Option, an amount equal to the 105% of the Total Premiums Paid (excluding loading for modal premiums) shall be payable at the end of the Policy Term, provided the life assured survives till maturity and the policy is not terminated earlier. 

Survival Benefit : Survival Benefit is payable only for life income option For an in-force policy (all due premiums have been paid), the following are the benefits payable:

• Starting at the end of every month, after Policy Anniversary following attainment of Income Start Age by the Life Assured, the Regular Income shall be paid in arrears until the death of the Life Assured or end of the Policy Term, whichever is earlier.
• A lump sum equal to Paid-up Terminal Value is payable at maturity, provided the life assured survives till that point.

 

 Why Choose HDFC ERGO Optima Secure

So Much Coverage 

Choose Your Health Cover 

Select your sum insured :

Suiting your budget and requirements, select the coverage you want. For example, let's consider you select a sum insured of ₹10 lacs.

Secure Benefit 

2X coverage from day 1 : 

Your base cover gets doubled instantly upon purchase, without having the need to claim it. This benefit will instantly increase your ₹10 lacs base cover to ₹20 lacs at no extra cost.

Plus Benefit

100% increase in coverage :

On 1st renewal your base cover increases by 50% after 1 year and 100% after 2 years, making it ₹15 lacs and ₹20 lacs respectively. Your total cover now becomes ₹30 lacs i.e 3X of your base cover.

Restore Benefit

100% restore coverage : 

Anytime you make a claim whether partial or total of ₹10 lacs base cover, it gets 100% restored for any subsequent claims in the same year.

So Much Benefits

PROTECT BENEFIT :

1. Support devices: We cover costs towards the cervical collar, braces, belts etc.
2. Cost of Disposables: Go cashless with in-built coverage for disposable items like buds, gloves, nebulization kits and other consumables during hospitalisation.
3. Cost of Kits: We cover cost for delivery kit, orthokit and recovery kit.
4. Procedure Charges: We cover costs towards gauze, cotton, crepe bandage, surgical tape etc.

AGGREGATE DEDUCTIBLE DISCOUNT :

Aggregate deductible is the amount that you agree to pay before making a claim in a policy year. Get discount up to 50% every year by choosing to pay a little bit.

Discount Options :

1. 50% Discount: Get 50% flat discount on your base premium when you decide to pay ₹1 lac before making a claim in a policy year.
2. 40% Discount: Get 40% flat discount on your base premium when you decide to pay ₹50,000 before making a claim in a policy year.
3. 25% Discount: Get 25% flat discount on your base premium when you decide to pay ₹25,000 before making a claim in a policy year.
4. Note :To know more about aggregate deductible discount for sum insured above ₹20 lacs, please read the sales brochure/policy wordings.

SO MUCH SAVINGS :

1. Online Discount: Get 5% premium discount on the base premium if you buy a health insurance policy online.
2. Family Discount: Get 10% family discount if 2 or more members are covered in a single Optima Secure policy on an individual sum insured basis.
3. Long Term Discount: If premium is paid in advance for 2 or 3 years policy tenure, then you get a premium discount of 7.5% and 10% respectively.
4. Loyalty Discount:Get 2.5% premium discount on the base premium if you have an active retail insurance policy with us, with a premium above ₹2000.

SO MUCH CHOICES :

1. Coverage: Choose between wide range of base cover from ₹5 lacs to 2 crores.
2. Policy Options: You can buy individual and family floater options.
3. Tenure: Select policy tenure between 1, 2 and 3 years.

Just Launched - No Cost Installment*^ Benefit for Optima Secure 

We have some good news to share. Now, you can purchase HDFC ERGO’s Optima Secure using an easy installment benefit. This benefit is available to one-year policyholders. You can choose from installment options: monthly, quarterly and half-yearly. To give customers more purchasing power, Optima Secure is easily available at affordable buying option.

How to Make a Claim for your HDFC ERGO Health Insurance

The sole purpose of buying a health insurance plan is to get financial support at the time of medical emergency. Hence, it is important to read the below steps to know how Health Insurance claims process works differently for cashless claimsand reimbursement claim requests.

Cashless Claim: 

1. Intimation : Fill up the pre-auth form at the network hospital for cashless approval.
   
2. Approval/Rejection : Once hospital intimates us, we send you the status update.
3. Approval/Rejection : Once hospital intimates us, we send you the status update.
4. Claim Settlement : At the time of discharge, we settle the claim directly with hospital.

Reimbursement Claim :

1. Hospitalisation : When you select a hospital, which is not in our network for reimbursement claims you need to pay the bills initially and preserve the original invoices.
2. Register A Claim : Post-hospital discharge send us all your original invoices and treatment documents.
3. Register A Claim : Post-hospital discharge send us all your original invoices and treatment documents.
4. Claim Settlement : We send the approved claim amount to your bank account.

 How to Choose the Right Life Insurance Plan?

Before investing your money in a life insurance plan, you must choose a plan that fulfils your insurance requirements without bothering your budget. Below mentioned are some tips which can help you choose the right life insurance plan for yourself:

1. Identify the Type of Life Insurance Policy you Need: 

There are several types of life insurance plans available in the market namely Term Insurance, ULIPs, Endowment, Whole Life Insurance, Child Life, Money-Back and Retirement plans. Whole Life Insurance and Term Insurance plans are pure protection plans which provide financial protection to the family of life assured in case of an untimely demise of the life assured during the policy tenure. Other plans are savings cum insurance plans which provide an investment opportunity and financial protection to the family of the life assured in case of an unforeseen demise of life assured during the policy term. One can choose a life insurance plan as per their insurance requirements and budget.

2. Sum Assured/Coverage Amount: 

Before purchasing a life insurance policy, you must determine the coverage amount/sum assured for the life insurance policy. It is advised to consider a sum assured which is 10-15 times of your yearly income. Before deciding a sum assured you should consider your current lifestyle, expenses, liabilities, number of financial dependants and their expenditure etc. The sum assured of a life insurance policy should be enough to cover your family’s expenses in case of your untimely demise.

3. Incurred Claim Settlement Ratio: 

Incurred claim settlement ratio is a very crucial factor to be considered before purchasing a life insurance policy. A life insurance provider with a high claim settlement ratio can be fully relied on in difficult times. It is advisable to choose a life insurance policy offered by an insurance provider with a high claim settlement ratio, as high claim settlement ratio depicts credibility of the insurance company. Claim settlement ratio is the total number of claims settled against the total number of claims received.

4. Compare Several Plans: 

Before purchasing a life insurance policy, compare different plans offered by different insurance providers. It will help you analyse which plan offers what and does it fulfil your requirements under your budget. Comparing plans helps in making an informed decision, and you can choose a plan that suits your requirements within your budget. An ideal life insurance plan can only be bought when a person has compared several plans.

5. Add Suitable Riders: 

There are several rider options available in the market such as Accidental Death Benefit, Accidental Total and Permanent Disability, Critical Illness, Waiver of Premium, Income Benefit Rider, Term Rider etc. Different riders have different purposes, it is advised to purchase a rider which is suitable for your life insurance policy. It is also advised not to add too many riders to the life insurance policy. Riders are additional coverages that can be purchased with the life insurance policy, these riders enhance the coverage of the policy.

6. Avoid Cheap Premiums: 

Always avoid life insurance policies with cheap premiums. In case you are purchasing a life insurance policy with cheap premiums, make sure to check the terms and conditions of the policy to ensure what is covered and what is not covered under the policy. Sometimes life insurance policies with cheap premiums do not cover some aspects which may lead to discrepancies while filing or claim settlement. Before purchasing a life insurance plan with relatively cheaper premiums make sure to look through the terms and conditions to avoid purchasing a misleading life insurance plan.

Types of Life Insurance Plans in India

 

Types of Life Insurance Plans in India

 

There are various categories of life insurance plan available in India as discussed below: 

1. Term Insurance Plans: 

In absence of your loved one, this type of term Insurance plan helps your family become financially independent. Term Insurance plans are the basic form of life insurance plans and are also called ‘Pure Protection Plan’. These plans offer the sum assured to the family members in an event of the sudden demise of the policyholder during the policy tenure. This policy promises to offer high insurance coverage with a minimum premium amount.

2. Unit-Linked Insurance Plans (ULIPs): 

A Unit-Linked Insurance Plan is considered both a policy and an investment as well. This policy offers a death benefit i.e. this policy pays an amount on the death of the insured to the nominee and if the policyholder survives the term of the ULIP, he/she can also get the maturity value of the ULIP. This policy provides a combination of benefits of protection and saving in a single plan.

3. Endowment Plans: 

An Endowment Plan provides life cover as well as an opportunity to the policyholder to invest their money for a specific period of time. It is a type of insurance policy that gives you life insurance protection, maturity benefit, and tax benefit in one package. It is a type of life insurance with the dual purpose of providing a good investment tool and life coverage as well.

4. Whole Life Insurance Plans: 

Whole Life Insurance plans stay in force till the policyholder passes away. These policies have no expiration date. Whole Life insurance is also considered ‘Permanent Life Insurance’ as they generally have higher premiums than any other life insurance plan. Premiums for whole life insurance plans are fixed on the basis of age of issue and the premiums do not increase with age.

5. Child Plans: 

Child plans serve the dual purpose of providing insurance and providing the opportunity for an individual to save for a child’s future. This plan provides a lump sum amount at the end of policy tenure that can be utilized as financial support for your child’s educational expenses or marriage expenses.

6. Retirement Plans:

 Retirement plans are one of the insurance plans that provide the policyholder with life cover and helps them to accumulate their savings over a certain period of time. This plan helps to create a regular income post-retirement for any financial requirements post requirement.

7. Money-Back Plans: 

Money Back plans provide life cover to the policyholder during the policy tenure and also provide maturity benefits in installments as survival benefits provided after certain periods of time. These plans offer to pay the whole sum assured amount at the time of the untimely demise of the policyholder without deducting the amount paid as survival benefits.

SBI GENERAL CAR INSURANCE

  

SBI General's Private Car Insurance Policy - Package

You have finally chosen your dream car. Looking forward to long road trips, happier city commutes and the independence ofjust setting out on a trip whenever you feel like, you are all set to enjoy life to the fullest. Tojust drive on and enjoy thejourney.

SBI General’s Private Car Insurance Policy - Package. So that you can be in control and enjoy the journey no matter what road blocks that life throws at you, and your car. It protects your car so you don't have to worry about it.

What Are The Key Benefits Of The Policy?

This Policy covers Third Party Liability as mandated by the Motor Vehicles Act. It also protects you in cases of loss or damage to the Vehicle itself as well as Personal Accident. For an additional Premium, the following optional add oncovers can be purchased:

• Depreciation Reimbursement NCB Protection

• Return to Invoice Key Replacement

• Inconvenience Allowance Loss of Personal Belongings BasicRoadside Assistance

• Additional Roadside Assistance

• Engine Guard

• Cover for Consumables EMI Protector

• Hospital Daily Cash Cover for a Owner Driver

• a Unnamed Passengers a Paid Driver

• Enhanced Personal Accident Cover for

    What Does The Policy Cover?

    The policy, and its add-ons, include the following:

• Third Party Liability : injury/death of any third party/ damage caused to third party property.
• Loss Or Damage To The Vehicle : Loss or damage to the vehicle or its accessories due to: Fire, explosion, self-ignition, accidental damage. Damage in transit. Lightning, earthquake, flood, hurricane, storm, landslide etc. Burglary, theft, riot, strike, malicious act & terrorist activity.
• Personal accident cover :  Compulsory personal accident cover of : US lakh for individual owners of the vehicle while driving. Personal Accident Cover for Occupants of vehicles for maximum T2 lakh per person.
• Enhanced Personal Accident Cover : Disablement or death of Insured/Unnamed passenger/Paid driver traveling in the insured vehicle.
• Additional Legal Liabilities : Paid driver employed in operation of vehicle. Employees traveling in/driving the vehicle other than paid driver.
• Bifuel- Kit :  CNG -LPG Bifuel Kit.
• Cover For Key Replacement : Cost of replacing vehicle keys for one event during Policy period upto maximum 765,000. 
• Inconvenience Allowance : Daily cash benefit for a maximum period of 10 days in the event of Insured vehicle undergoing repair for more than 3 days. The cover is applicable only for the first two own-damage claims lodged during the Policy period.
• Loss Of Personal Belongings : Loss or damage of personal belongings up to maximum 750,000 subject to deductibles.
• Hospital Cash Cover : Hospital confinement allowance for accident or injuries for Insured/Unnamed passenger/Paid driver. Minimum 24 hours hospitalization. Maximum no of days for which benefit is available is 30 days.
• Return To Invoice : We will pay the financial shortfall between the amount You receive under section 1 of the Policy and the purchase price of the vehicle as confirmed in the invoice of sale or current replacement price of new vehicle in case exactly same make/ model is available, whichever is less, in the event of Your vehicle undergoing a Total Loss/Constructive Total Loss following an accident or being stolen during the period of insurance and not recovered. We will also reimburse the first time registration charges and road tax which you had incurred on the vehicle insured.

Depreciation Reimbursement :

  In consideration of payment of the additional premium mentioned in the Schedule, it is hereby agreed that notwithstanding anything to the contrary contained in the Policy, the Company will reimburse the Insured, the amount of depreciation applicable on the parts which were allowed to be replaced for approved partial loss claims under Section I of the Policy, provided always that; No reimbursement shall be granted for Total Loss / Constructive Total Loss / Theft claims under this cover. This cover shall not include compulsory deductible and any voluntary deductible opted in this Policy.Subject otherwise to the terms, exceptions, conditions and limitations of the Policy.

Road Side Assistance (Basic & Additional) : 

Road side/Towing assistance when the vehicle is immobile due to following. 

1. Mechanical & electrical breakdown.
2. Flat Tyre.
3. Dead Battery.
4. Vehicle keys locked in.
5. Contamination/ Incorrect or running out of fuel.

This will also cover onwardsjourney or hotel accommodation Service within 50 KM radius from insured’s address.

Engine Guard : 

Damage to internal parts of gear box and enginarising out of water entry/ leakage of lubricating oil. Vehicle is transported to the garage within two days of water receding frorahe area.

Protection Of NCB : 

This cover allows you to retain the existing NCB at the time of renewal, provided there has been just one claim during the policy period.

Cover For Consumables : 

Covers expenses towards consumable items due to damage to the vehicle. Consumables include nut and bolt, screw, washers, grease, lubricants clips, Gear box oil, AC gas, bearings, distilled water, engine oil, oil filter, fuel filter and break oil etc.

EMI Protector : 

This pays the EMI for the period insured vehicle is in garage for repair, if the actual repair time is more than 21 days. Liability is limited to maximum 2 months EMI or sum insured, whichever is less. Only one incident is covered during the Policy period.

Other Discounts : 

Voluntary Excess discount: A further discount on the premium is available if you opt for a Voluntary Excess in addition to the Compulsory Excess.

ICICI Lombard Health AdvantEdge policy

 What is ICICI Lombard Health AdvantEdge policy?

No one plans to fall sick but most people will need medical care at some point in their life. Right from the first doctor’s visit, to the lab tests, and pharmacy bills, the mounting expenses pertaining to full treatment can be burdensome. To help you in your illness and wellness journey, ICICI Lombard's Health AdvantEdge is a holistic policy designed to cater to your healthcare needs at all stages.

This policy is one of the few healthcare products that offers all-round wellness and preventive care benefits. Some of the value-added services under the Wellness program include reward points for inculcating healthy habits. Under this cover, the policyholder can also avail services such as video/tele consultation, pharmacy and diagnostic services, online chat with doctors, second opinion, and more.

The policy also has benefits such as pre-existing disease cover flexibility, domestic and air ambulance and convalescence benefit. It provides an additional cover against 20 critical illnesses including cancer. These add-ons also include maternity insurance for both mother and the newborn baby for SI above 5 Lakhs.

Top reason to buy ICICI Lombard Health AdvantEdge policy :

Restore benefit for sum insured	Guaranteed cumulative Bonus
24x7 video/telephone consultation	Convalescence benefit
Health rewards	Pre-existing disease coverO
Domiciliary hospitalization	Domestic Air Ambulance
Personal accident	Maternity cover
New born baby and vaccine cover	Bariatric surgery cover

Why should you buy a health insurance policy for yourself and your family?

Medical costs are skyrocketing:

They are high today and will be higher in the near future. A family floater health insurance is a smart way to safeguard your savings during a medical emergency.

Employer provided health policy is not enough :

A health cover provided by your corporate firm or employer ceases to cover you once you switch the job. Furthermore, you cannot choose coverage or benefits as per your needs. Besides, the sum insured of corporate health plan may not be adequate to cover you and your dependants in case of a medical emergency. Hence, it is recommended to invest in one of the leading family health insurance plans in India that covers your family adequately.

Lifestyle diseases are on the rise :

An unhealthy way of life and work stress have made even the younger generation prone to lifestyle diseases. Thus, the need to have a family health insurance is undisputable even if you are young. The onset of a chronic condition like diabetes may make it difficult for you to buy a comprehensive medical insurance. You may be required to undergo screening and medical check-up. Hence, it is recommended to invest in a family health insurance policy as early as possible. Not only is it affordable but also ensures optimum coverage when you need it most.   

You can save some on family health insurance premium :

By sharing your sum insured, you can smartly insure your entire family under one health plan. This will help in bringing down your health insurance premium significantly. You also do away with the hassle of managing multiple policies and their renewals.

You get tax benefit on health insurance premium :

As per Section 80D of the Income Tax Act, you can avail tax benefit on the health insurance premium. Thus, a health policy not only saves you from breaking the bank during a medical emergency but also helps you to save in taxes. 

What is covered in ICICI Lombard Health AdvantEdge policy?

Inclusions :

• Hospitalisation : Medical expenses incurred during hospitalization for more than 24 hours, including room charges, doctor/surgeon’s fee, medicine bills, etc.
• Health check-up : Available annually, starts from 1st year, up to 0.5% of sum insured, to a max of ₹.10,000.
• Pre and post hospitalization : Medical expenses incurred 60 days prior and 180 days post (provided we have accepted the in-patient claim).
• Domiciliary hospitalization : This should either be because of the unavailability of beds at a hospital or the inability to move the insured to a hospital. This will also cover expenses on Qualified Nurses engaged on recommendation of attending medical Practitioner.
• Day care treatments : The expenses for advanced, technological medical surgeries and procedures requiring less than 24 hours of hospitalization (including dialysis, radiotherapy and chemotherapy).
• Domestic Air ambulance : Air ambulance expenses to transfer you to the nearest hospital for emergency care. Available up to sum insured.
• AYUSH treatment : Expenses for in-patient treatment under Ayurveda, Unani, Siddha and Homeopathy (AYUSH) treatment only when it has been undergone in a government hospital or any institute recognized by the government and/or accredited by the Quality Council of India/National Accreditation Board on Health.
• Organ Donor : Reimbursement of medical expenses for organ donor up to sum insured. This benefit is provided only if the hospitalization claim for organ donation surgery is accepted.
• Wellness program : Redemption of wellness points earned due to healthy behavior through various wellness and fitness activities. You can redeem the wellness points on OPD bills for doctor’s consultation, medicine and drugs, diagnostic expenses, dental expenses, etc.
• Emergency services : Road ambulance expenses for emergency care, telephonic or virtual consultations with a medical practitioner for routine health issues. You can receive the consultation via audio, video, online portal, chat or mobile app. This service is available 24 hours a day, 365 days a year.

Exclusions :

• Any illness contracted within 30 days from the start date of your policy, except those incurred due to an accident. This clause does not apply to the subsequent renewals.
• For the first 2 years, some diseases like cataract, hernia, stone in the urinary system and others will not be covered.
• Any illness or disease or injury or a pre-existing disease before the start of the policy. However, these pre-existing diseases start to get covered if the policy is renewed with us for two consecutive year.

Permanent exclusions : 

• War, civil war or breach of law.
• Naturopathy treatment, acupressure, acupuncture, magnetic and other such therapies.
• Treatment taken outside the country.
• Any expenses arising out of domiciliary treatment.

SBI LIFE – POORNA SURAKSHA

 Let affection of your loved ones be felt at all times

• Term Insurance Plan with Increasing Critical Illness Cover
• Premium waiver benefit on diagnosis of Critical Illness
• Fixed premium throughout the policy term
• Non-linked Term Insurance Plan with In – Built Critical Illness Cover

SBI LIFE – POORNA SURAKSHA

If your needs change with age, Why shouldn’t your financial planning? 

With SBI Life – Poorna Suraksha Plan, auto-rebalance Life and Critical Illness cover as you age, for more effective protection.

This Term Insurance product with Critical Illness cover offers:

• Security - Comprehensive protection in case of death and critical illness
• Simplicity - Re-balances your life and critical illness cover on every policy anniversary
• Reliability - A lump sum payout providing financial support in case of diagnosis of any of the covered 36 critical illnesses and waiver of all future premiums.

Features:

• Life stage rebalancing
• Comprehensive critical illness coverage
• Waiver of premium on diagnosis of Critical Illness
• Fixed premium throughout the term of the policy

Plan Benefits:

Life Stage Rebalancing:

The ‘LifeStage Re-balancing’ feature rebalances cover between Life Cover and Critical Illness (CI) Cover. At policy inception, the Basic Sum Assured would be split between Life Cover Sum Assured (SA) & CI Sum Assured (SA) in the proportion of 80:20 respectively. There would be an increase in CI SA on each subsequent policy anniversary, as mentioned in table below. The increase will be as a percentage of initial CI SA, based on chosen policy term.

The decrease in Life Cover SA would be equal to the increase in CI SA. The change in sum assured would happen only on policy anniversary. The total basic sum assured (Life Cover SA + CI SA) would remain the same throughout the policy term.

Life Cover:

In the unfortunate event of death of the Life Assured, Effective^ Life Cover Sum Assured, as on date of death will be paid. Critical Illness (CI) Benefit

Effective^ Critical Illness Sum Assured will be paid, on the diagnosis of covered critical illness. The CI Benefit will be paid only once and will cease once the benefit is paid.

Survival Period for Critical Illness Benefit :

 The Critical Illness Benefit is payable only after survival period of 14 days from the date of diagnosis of the covered critical illness. In other words, Critical Illness benefit is not payable if the life assured dies within 14 days from the date of diagnosis of the covered critical illness.

Waiting Period for Critical illness benefit :

There is a waiting period of 90 days from the date of commencement of risk or reinstatement whichever is later and no Critical Illness benefit will be payable, if the claim has occurred during the waiting period. N.B. – Please refer Product Brochure for definitions of 36 Illnesses covered and their exclusions.

Premium Waiver Benefit:

Once a claim under CI is accepted by the Company, all future premiums for the policy will be waived for the rest of the policy term, from the date of diagnosis of the medical condition. The remaining policy benefits shall continue throughout the policy term. The Life Stage Rebalancing will cease to exist once premiums are waived off and the Effective^ Life Cover SA will remain constant from thereon.

Maturity Benefit:

No maturity benefit available under the plan.

Avail tax benefits :

Effective sum assured is the sum assured applicable for the policy year in which the insured event occurs.