Insukart

Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy.
 
Our Policies:
 Public Liability (Act) InsuranceThis Insurance Policy broadly covers the Owner's statutory liability on no-fault principle for death or injury to any person or damage to property resulting from an accident while handling any hazardous substance

 Public Liability (Industrial & Storage Risks)This Policy provides indemnity to the insured against their legal liability to pay compensation including claimant's costs, fees and expenses anywhere in India, in accordance with the Indian Law.

Insurance Policy Duration

30 Year

Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is typically the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.

Insurance Policy Duration

30 Year

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness. Policies are typically traditional with-profits or unit-linked (including those with unitised with-profits funds). Endowments can be cashed in early (or surrendered) and the holder then receives the surrender value which is determined by the insurance company depending on how long the policy has been running and how much has been paid into it. .

Insurance Policy Duration

30 Year

A Unit Linked Insurance Plan (ULIP) is a product offered by insurance companies that, unlike a pure insurance policy, gives investors both insurance and investment under a single integrated plan.

Insurance Policy Duration

30 Year

The money-back policy from Life Insurance Corporation in India is a popular insurance policy. It provides life coverage during the term of the policy and the maturity benefits are paid in installments by way of survival benefits in every 5 years. The plan is available with 20 years and 25 years term. In the event of death within the policy term, the death claim is made up of full sum assured without deducting any of the survival benefit amounts already paid. The bonus is also calculated on the full sum assured. The premium paid is tax deductible under section 80C of Income Tax Act 1961.

Insurance Policy Duration	1 Year
Renewable Age	99

Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care and health system expenses, among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is available to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity. According to the Health Insurance Association of America, health insurance is defined as "coverage that provides for the payments of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment".
 
» Individual Policy
» Family Floater

» Top Up Health Plan

With the rise in medical costs, chances are that your existing health insurance plan does not suffice for expenses due to illness or accidents, the Extra Care health insurance policy takes care of the additional hospitalization expenses.

Insurance Policy Duration	1 Year
Renewable Age	99

1. Who can take the Policy?

 

The Policy can be taken by a Senior Citizen who is above 60 years of age for covering himself/ herself and his/her spouse.

 

 

 

 

2. Eligibility

 

The following conditions shall apply for seeking coverage under the Policy

 

   • You must be above 60 years of age on last birthday for taking a policy.

 

   • Must be a permanent resident of India

 

   • Maximum entry age under the Policy for you and your spouse is restricted to 70 years. The renewals under the Policy shall, however, be provided for lifetime.

 

3. What is covered under the Policy?

 

The Policy comprises of below two sections

 

 

» Section – A- Hospitalisation

 

 

    • Day Care Procedures/ Surgeries

 

    • Inpatient Treatment

 

    • Pre- Hospitalisation

 

    • Post-Hospitalisation

 

    • Domiciliary Hospitalisation

 

    • Cost of Health Check-up

 

    • Daily Allowance

 

    • Ambulance Charges

 

    • Expenses of accompanying person

 

 

»Section B- Critical Illness (Optional)

 

 

Medical Examination

 

We may ask you or your spouse (if proposed for insurance under the Policy) to undergo below mentioned medical tests for purpose of consideration of your proposal

 

Insurance Policy Duration	1 Year
Renewable Age	99

   • Covers hospitalization expenses for complications of Diabetes, both type 1 and type 2 and other than complications of diabetes

   • Policy can be taken on Individual and Floater basis.

   • Two Plans are available – Plan A and Plan B.

Plan A – Pre-acceptance medical screening is compulsory.

Plan B – There is no pre-acceptance medical screening.

   • Waiting Periods:

Plan A – No Waiting Period

Plan B – 15 months waiting period

   • Out Patient expenses – for Medical consultations, Diagnostic tests, medicine and drugs

   • Compensation for Accidental Death of the chosen insured person

   • Donor expenses for kidney transplant surgery

   • Dialysis expenses @ Rs.1000/- per sitting up to 24 months

   • Cost of artificial limbs due to amputation up to specified limits.

   • Automatic restoration of entire Sum insured

   • More than 400 day care procedures covered.