Life Insurance
Uncertainty is the only certain factor in life. Secure your family’s financial future against the uncertain scenarios….. with our life insurance policies. Life Insurance covers your loved ones in all phases of your life – when you start your career, when you start a family and when you plan your retired life!
There are many types of Life Insurance policies that also give added Critical illness benefits and added covers for protection against accidents. Following are the types of Life Insurance policies:-
| Types of Life Insurance Policies | Coverage |
|---|---|
| Term life insurance policy | Pure Risk Cover |
| Endowment life insurance policy | Insurance Cover + Saving |
| Non-Linked Participating Endowment Plan | Insurance cover |
| Unit Linked Insurance Plans (ULIP) | Insurance Cover + Market-linked Investment Benefits |
| Non-participating & Non-linked endowment plan | Fixed Insurance Cover |
| Retirement Plan | Insurance Cover + Saving s |
| Child Plan | Insurance Cover + Investment Benefits |
Health Insurance
Health is Wealth! Having a health insurance policy is important because it gives access to quality healthcare and protects you financially against medical expenses arising from illness, injury or accidents.
Types of Health Insurance
Individual health insurance provides individual / separate covers. You may obtain individual covers for yourself, your spouse, your children and your parents. All kinds of medical expenses, including hospitalisation, daycare procedures, hospital room rent etc. are covered. and more. Under an individual health insurance plan, each member has his/her own sum insured amount.
Family floater plan covers you and your family members under a single cover with a common sum insured amount. These plans are relatively less expensive than the Individual Health plans.
Such plans are specifically designed for the senior citizens. Such policies may require a full medical check-up as a pre-requisite and could be more expensive than regular insurance policies.
Chronic and critical illnesses are covered under such plans. Health issues such as Cancer, Stroke, Kidney failure and Cardiac diseases entail high treatment costs that too for a longer term. Specific variants like Cancer Guard covers have been designed exclusively to protect against critical illnesses.
They can either be purchased as a rider or add-on with your regular health insurance plan or separately as their own plan. These policies offer cover for very specific issues and often provide claim payouts as a single lump sum payment after the diagnosis of a critical illness.
Personal Accident Insurance
Protect yourself from unexpected calamities with personal accident insurance. Such plans provide financial assistance in case of injury, disability, or death due to accidents.
Personal Accident plans provide coverage for: –
Optional covers can be added for Hospitalisation and Hospital Daily Allowances.
Additional covers can be obtained for spouses.
Motor / Vehicle Insurance
Motor Insurance is applicable for two-wheelers, cars, other types of private vehicles and commercial vehicles. Motor Insurance protects vehicle owners against financial losses and third-party legal liabilities arising from accidental damages.
Comprehensive Motor Insurance provides coverage against the third-party legal liabilities as well as the financial losses caused by damages to the insured vehicle in case of accidents or mishaps. It covers the vehicle against natural and man-made disasters, including road accidents, fire, theft, earthquake, storm, flood etc.
Third-party motor insurance is mandatory in India as per the Motor Vehicles Act. It protects the policyholder against legal liabilities arising due to an accident involving his/her vehicle. It protects the policyholder against bodily injuries, death or property damage to a third-party caused by an insured vehicle.
Standalone Own Damage (OD) covers allow the vehicle owners to get coverage against the losses or damages caused to their vehicle due to natural or man-made disasters. This type of policy can be purchased by those who already have a third-party cover.
Travel Insurance
Travel is a unique experience of life – be it for personal or professional reasons. Travel Insurance ensure hassle free experiences and financially protects policyholders against uncertainties and adverse scenarios that may hinder the travel experience. It covers medical expenses, lost luggage, flight cancellations, and other losses that may be incurred during travel.
Travel Insurance is usually taken in the home country of the traveller and covers the duration of the travel. It is insisted for travel abroad. Travel Insurance is obtained for a single trip and also for multi-trips in case of frequent travellers.
Some of the risks covered under Travel Insurance are: –
Miscellaneous Insurance
Protect yourself, your home, your assets and your liabilities with our wide range of covers.
reach us
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Say Hello!
[email protected]
+91 91504 42559
Registered Office
Nhance India Insurance Broking Private Limited
‘Parvatha Viruksha’, Ground Floor, # 15/1 Desigar Street, Vadapalani, Chennai – 600026
