Insurance Companies in Gujarat

Insurance Companies in Gujarat| List of Insurance Companies –

List of Life Insurance Companies in Gujarat

Gujarat is one of the renowned states in India. In this article you will be briefed about some of the Insurance policies and the related companies in Gujarat.

Aegon Life is first in the list and the plan name is iTerm. This provides you life coverage up to the age of 100 years. Rs 1,303 are the monthly premium for the policy. If you want to switch to the annual mode, there is need to pay Rs 14,974. In the annual mode, you can also save a sum of Rs 42,368 over the policy. All the salaried or Self Employed people having 12/HSC pass and 2 Lakh as the minimum salary can avail this policy. In this plan, all forms of death are covered either it’s a terrorist attack across the globe. Also, this policy secures you up to the age of 100 years.

Another Life long plan is provided by HDFC Life. The plan name is HDFC Life Click 2 Protect 3D plus. The yearly premium for the plan is Rs 84,840 and the monthly plan is of Rs 7,296. Also under this plan you will get the option to increase the basic sum assured under some of the conditions after fulfilling the basic requirements. There are a number of cover options under this plan like Life Option, Extra life option, 3D life option, Return of premium option, whole life option, 3D whole life option, Income option, Extra Life Income option, and Income replacement option. Each one of these options had different benefits and the payout plan. You can get the detailed description after visiting their site.

Bharti AXA is coming with the monthly income plan named Life Flexi Term plan. The monthly premium for the plan is Rs 1,546. In this Rs 923 is the base premium. Rs 623 is the premium for critical illness. There are three cover options under the plan. One is the LumpSum plan in which thre entire death benefit is paid in a single amount as Lumpsum to secure family’s future financial condition. Second one is increasing monthly Income. In this death benefit is paid in form of monthly income for 15 years to take care of month to month life expenses. Last is Lumpsum plus increasing income. This plan take care both immediate as well as future needs. A part of death benefit is paid as Lumpum and remaining in the form of 15 years monthly salary.

Another monthly income plan that we have in our list is the iProtect smart plan provided by ICICI Prudential Life Insurance. The plan is available to you at a monthly premium of Rs 905 and the same policy is also available in Yearly premium mode in which you need to pay Rs 10,600 per year and you can save Rs 10,140 over the policy in the annual mode. There are four flexible payout options. One is Lumpsum which is the most preferred online option. Second is the monthly Income which is the most economical plan. Third is increasing Monthly income which provides you 45% more life cover. And the last is the Lumpsum plus income which is a new payout option.

The last in the list is the Bajaj Allianz and the plan name is eTouch Online Term. Bajaj Allianz bringing this plan to you with a monthly premium of Rs 1,516 or with yearly premium of Rs 16,847. With the Annual premium mode, you can save a sum of Rs 52,455. In case of unfortunate death of the life insured, 50% of the sum assured is paid immediately and rest in the form of monthly income for rest 10 years. Thus, this plan takes care of both the immediate as well as future needs. In case of Accidental permanent disability, all the future premiums will be waived off and the plan will continue as it is.

Following is the table that contains the details about the eligibility criteria of the above-mentioned policies.

Sr. NoCompany’s NameCompany’s PolicyEntry AgeMaturity AgePolicy TermMinimum Sum AssuresMaximum Sum AssuredSurvival PeriodPremium Payment Frequency
1Aegon lifeiTermMinimum: 18 years   Maximum: 65 yrs Max : 100 years5 years to 62 years or fixed term coverage till age 100 years25 lacsNo limit     15 days for Monthly mode and 30 days for other modeAnnual, monthly
2HDFC LifeLifeLong Protection Option (Whole life option and 3D whole life option)Minimum: 25 years     Maximum: 60 years Whole LifeWhole Life10 LacsNo limit30 daysAnnual, half yearly, single, quarterly, monthly
3Bharti AXA     Flexi Term (Life cover with critical illness)Minimum: 18 yrs   Maximum : 65 yrs 85 yrsFixed ; 10,15,20,25 years   To Age : 60,65,70,75,85 years 10 Lac1 Cr30 daysAnnual, minthly
4ICICI Prudential Life InsuranceiProtet SmartMin – 18 yrs   Max – 60 yrs 75 yearsMin : 5 years   Max : 40 years (30 years for critical illness)  –30 daysAnnual, half yearly, monthly, Single
5Bajaj AllianzeTouch Online TermMin – 18 Years and Max – 65 years75 yrs10 – 40 years10 LacAnnual, Monthly, half yearly, quarterly

List of Health Insurance Companies in Gujarat

If you are on the track to have a health Insurance plan, then it’s very important for you to go for a right plan. Here, you will be briefed about some of the Health insurance plans that are available in Gujarat.

Religare Health Insurance is first in the list. And the health plan name is NCB Super Premium. This is available at a monthly premium of Rs 990. This plan covers the medical expenses that occur before 30 days and after 60 days of hospitalization. 4900+ hospitals come under the plan that provides cashless hospitalization and also all the day care treatments are covered under the plan.

Now comes Aditya Birla capital with its plan name 1 Cr Sum assured. This is available at a economical monthly premium of Rs 1,238 and the sum assured is 1 Cr in this plan. Total premium for the plan is Rs 21,914. This plan lists 4000+ hospitals that provide cashless hospitalization and 500+ listed day care treatments.

Third in the list is Star health insurance and the plan name is Health Optima which is available at monthly premium of Rs 1190. The total premium for the plan is Rs 15,081. Alternate medicine of up to 15K is covered under this plan. 60 days before and 90 days after hospitalization medical expenses are covered under this plan. All the day care treatments are served.

Cigma TTK is coming with its plan named Prohealth Plus SB02. The plan comes with a monthly premium of Rs 1,046 and the sum assured is Rs 5.5 Lacs in this plan. The premium that is needed to be paid for this plan is Rs 14,885. There is a list of 5023 hospitals that provide cashless hospitalization. There are 171 listed day care treatments under the plan that requires less than 24 hours to get covered.

Let’s end the list with TATA AIG health insurance plan name MediPrime. This is available at easily monthly premium of Rs 1133. And the total premium for this plan is Rs 15,932. Alternate medicine expenses up to 25K are covered under this plan and there are 1985 hospitals under the plan that provide cashless hospitalization.

Following is the table that contains the details about the eligibility criteria of the above-mentioned policies.

Sr. No.Company’s NameCompany’s PlanSum InsuredKey Features
1.Religare Health InsuranceNCB Super premium6 lacsMaternity   Not covered   Hospital Room Eligibility Single private room   Bonus on No Claim Rs 3.6 Lacs SI added (reduced on claim)/year   Restoration of Cover Up to Rs 6 Lacs once a year
2.Aditya Birla capital1 Cr Sum AssuredRs 1 CrMaternity   Not covered   Hospital Room Eligibility Single Private A/C Room   Bonus on No Claim Rs 50K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 7.5 Lacs once a year
3.Star Health InsuranceHealth OptimaRs 5 lacsMaternity   Not covered   Hospital Room Eligibility Single standard A/C room   Bonus on No Claim Rs 1.25 Lacs SI added/reduced per year   Restoration of Cover Up to Rs 5 Lacs (max thrice/year)
4.Cigma TTKProhealth Plus SB02Rs 5.5 LacsMaternity   Upto Rs 15K for maternity after 4 years   Hospital Room Eligibility Up to single private room   Bonus on No Claim Rs 55K SI added/reduced per year   Restoration of Cover Up to Rs 5.5 Lacs once a year
5.TATA AIGMediPrime     Rs 5 LacsMaternity   Not covered   Hospital Room Eligibility All categories   Bonus on No Claim Rs 50K SI added (reduced on claim)/year   Restoration of Cover Not available

For more detail about any of the above written policy please visit the company site. This is the approximated data.

Also Read : Insurance Companies in India