Insurance Companies in Manipur | List of Insurance Companies :
Here we are going to provide the information about some of the good Life insurance companies in Manipur and their policy with the details.
List of Life Insurance Companies in Manipur
First in this list is iPRU iPROTECT Smart which is provided by ICICI Prudential Life Insurance. This policy of ICICI Prudential Life Insurance is one of the most preferred options that are available online and at the same time, it is the most economical option. And the best above all is that it gives 45% more life cover. Adding to this, the policy has lower premium rates for the women and the option to cover breast cancer and cervical cancer under the critical illness.
Second in this list comes Mera Term Plan(UIN : 117N092V02) life insurance policy which is provided by PNB Met Life. This policy comes with the benefit like it covers partner under the same policy. And in case of your unfortunate death, your partner will get the policy cover and all the future payable premiums shall be waived off. And the other important benefit is that you can increase your coverage amount and for this, you need not go through any medical examination. And at the same time, you will get the tax benefits under the section 80C and 10D of Income-tax Act 1961.
Let’s move to the Poorna Suraksha life insurance policy being provided by SBI Life. This policy provides the Lump Sum Life cover benefits for once family in case of Unfortunate death. And also provides the financial protection in case of major illness. If you enroll for this policy your premium will remain the same throughout your life irrespective to the age and increase in your CI coverage. Here, it also provides you that income tax benefits as per the applicable income tax laws in India. For more information on this policy, you can visit the company’s site.
Second last in this list is Max life online term plan plus provided by Max Life Insurance. This is the plan which provides you with safety, security and at the same time will go to protect your family in your absence by supporting their necessaries and the happiness. In this, the amount which is equal the life cover, the Sum Assured, will be paid to the nominee and this would be done in case of the unfortunate death of the Life Insured. The policy promises you a Grace period of 30 days and your insurance cover will be ceased in case you fail to pay the premium.
The last in this list is the iTerm plus Insurance Plan which is provided by Aegon and term Group Company. Here you can choose from a choice of four plan options. As everyone’s family is different and so do the needs are. So, this policy will provide you different plans to choose one as per your needs. This policy provides the lower premium rated for the ladies and the non-smokers. And will also waive of the future premiums in case of the permanent disability and the critical illness.
The following table will provide you information about the key features of Life Insurance policy in Manipur.
|Sr. No||Company’s Name||Company’s Policy||Entry Age||Maturity Age||Policy Term||Minimum Sum Assures||Maximum Sum Assured||Survival Period||Premium Payment Frequency|
|1||ICICI Prudential Life Insurance||iPRU iPROTECT Smart||Minimum: 18 years Maximum: 60 years||Maximum: 75 years.||Minimum: 5 years. Maximum: 40 years (For critical illness option maximum 30 years)||Rs. 1,00,000/- (Vary)||10,00,000/- (vary)||–||Single, Yearly, Half yearly, Monthly|
|2||PNB Met Life||Mera Term Plan(UIN : 117N092V02)||Minimum: 18 years Maximum: 65 years||99 years||Minimum – 10 Years Maximum – 99 years||Rs.10,00,000||–||–||Annual, Monthly|
|3||SBI life||Poorna Suraksha||Minimum : 18 years Maximum: 65 years||Maximum: 75 years||10 to 30 years||20 Lacs||2.5 Crore (sum assured to be in multiple of Lacs)||–||Yearly, half yearly, monthly|
|4||Max Life Insurance||Max life online term plan plus||18 to 60 years||Maximum 85 years||Minimum: 10 years Maximum: 50 years||Vary||Vary||30 days||Annual. Semi-annual, Quarterly, monthly|
|5||An Aegon and term group company||iTerm plus insurance plan||Min – 18 Years and Max – 65 years||Max – 80 years||Vary||5 Lacs||30 Lacs||–||Annual, Half yearly, Monthly|
List of Health Insurance Companies in Manipur
Here we are going to provide the information about some of the good Health insurance companies in Manipur and their policy with the details.
First in this list is the Star Health Insurance Company which is also India’s first standalone health insurance company founded in the year 2006. The company providing a health insurance plan named the Health Optima with a sum assured of Rs 5 Lacs and the key features that include several health coverages. This is available at a premium of Rs 959 Monthly.
The second one in this list is the Max Health Insurance coming with its insurance plan named health Companion. This will provide you a sum assured of Rs 5 Lacs at a premium of Rs 935 monthly. It provides you the restoration cover of up to Rs 5 Lacs in one year. This would one of the suitable health insurance plans for you.
Now, it’s about the Lifeline Supreme health insurance plan which is provided by Royal Sundaram General Insurance. This health insurance plan will provide you a Sum assured of Rs 5 lacs with a premium of Rs 679 monthly. This is one of the most economical health plans which will provide you a lot of benefits with a good sum assured. For more details on this plan, you can visit the company’s website.
Second last in this list comes the Active Assure – Diamond with Super NCB health insurance plan which is being provided by the Aditya Birla capital Group. This is one of the most leading insurance companies and entered recently into the Indian Insurance market. This plan promises you a Sum Assured of Rs 5 Lacs at a premium of Rs 1087 Monthly.
Last in this list comes the HDFC ERGO with the plan Health Suraksha. This plan would also provide you the Maternity benefits of up to Rs 15k for maternity after 4 years. The plan has a sum assured of Rs 5 Lacs with a premium of Rs 1190 monthly.
|Sr. No.||Company’s Name||Company’s Plan||Sum Insured||Key Features||Premium|
|1.||Star Health Insurance||Health Optima||Rs 5 Lacs||Maternity 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)||Rs 959 Monthly|
|2.||Max Health Insurance||Health Companion||Rs 5 Lacs||Maternity Not covered Hospital Room Eligibility All categories(except suite and above); upto SI Bonus on No Claim Rs 1 Lac incremental cover/year Restoration of Cover Up to Rs 5 Lacs once a year||Rs 935 Monthly|
|3.||Royal Sundaram General insurance||Lifeline Supreme||Rs 5 lacs||Maternity Not covered Hospital Room Eligibility All categories Bonus on No Claim Rs 1 Lac incremental cover/year Restoration of Cover Up to Rs 5 Lacs once a year||Rs 679 Monthly|
|4.||Aditya Birla Capital||Active Assure – Diamond with Super NCB||Rs 5 Lacs||Maternity Not covered Hospital Room Eligibility Single Private A/C Room Bonus on No Claim Rs 3 Lacs SI added (reduced on claim)/year Restoration of Cover Up to Rs 7.5 Lacs once a year||Rs 1087 Monthly|
|5.||HDFC ERGO||Health Suraksha Gold with Regain $ ECB||Rs 5 Lacs||Maternity Upto Rs 15K for maternity after 4 years Hospital Room Eligibility All categories Bonus on No Claim Rs 50K SI added (reduced on claim)/year Restoration of Cover Up to Rs 5 Lacs once a year||Rs 1190 Monthly|
For complete details about the policies please visit the company site. This is the approximated data.
Also Read: Insurance Companies in India