Insurance Companies in Meghalaya | List of Insurance Companies :
In the terms of Law and Economics, Insurance is the act of risk management which is primarily used to hedge against the risk of contingent loss. And the greatest advantage of Insurance is that it spreads the risk of a few people to a large group of people who are exposed to risk of similar types.
List of Life Insurance Companies in Meghalaya
Here we are going to provide the information about some of the good Life insurance companies in Meghalaya and their policy with the details.
The very first policy in this list is the Reliance Guaranteed Money Back Plan which is provided by the Reliance Life insurance Company. The best about this policy is that, it provides you double benefit. One for the future security and other it protects your savings for the unforeseen happenings. And your family can fulfil all their dreams even in your absence. After all in the end it’s your family for whom you are earning.
Second in this list the Bajaj Allianz Life Secure policy which is provided by Bajaj Allianz Life Insurance Company. This policy has its own features and advantage. All of us try to make out life secure but keeping this thing on the point for the complete life is difficult. So, here is the policy for you which is solely provided by Bajaj Allianz which provide you complete protection till your 100th Birthday. Along with providing whole life insurance plan, it also helps you with the accidental death cover and the critical illness. It also provides you attractive premium rates for the female lives.
Next in this category comes Tata AIA Life InsuranceInvestOne which is a life Insurance policy that is provided by Tata AIA Life Insurance Company Ltd. You can enrol this policy from the time of your birth (30 days) up to the age of 60 years. With this the maturity plan limits are also 18 years (minimum) to 75 years (maximum). Our life is the collection for all those life priceless experiences for which we proceed in our life. And this policy helps to get those experiences from the time of birth of your child, till the time of entering your golden days.
We have ABSLI Life Shield Plan fourth in this list which is a life insurance policy provided by Birla Sun Life Insurance. The protection needs of a family depend upon the family. Each and every family is different and so there protection needs are. So, this policy is coming with eight different plans and you can select any of them as per your family and enrol for the protection benefits.
Last in this list we are having Poorna suraksha which is one of the several life insurance policies provided by SBI Life Insurance Company Ltd. This policy is coming with 18 years as the minimum enrolling age and 65 years with the maximum enrolling age. And maturity age for this plan is 75 years. At the same time it provides you two different premium payment frequencies which are half yearly and monthly. Details for all these policies are given in the below table.
|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||Reliance Life Insurance Company||Reliance Guaranteed Money Back Plan||Minimum: 18 years Maximum: For 15 years Policy Term: 58 years. For 20 years Policy term: 55 years.||Minimum: 33 years. Maximum: 75 years.||Minimum: 15 years. Maximum: 20 years.||Rs. 50,000/-||No Limit.||Limited Pay/Regular Pay|
|2||Bajaj Allianz Life Insurance company||Bajaj Allianz Life Secure||Minimum: 25
Maximum: Coverage Option I & II: 55 years|
Coverage Option III: 50 years
|–||5, 7, 10 and 15 years||Rs.20,00,000||No Limit|
Sum Assured has to be opted in multiples of Rs. 50,000Maximum
|–||Yearly, Half Yearly, Quarterly and Monthly|
|3||Tata AIA Life Insurance Company Ltd||Tata AIA Life InsuranceInvestOne||Minimum : 0 years (30 days) Maximum: 60 years||Minimum: 18 years Maximum: 75 years||15 to 30 years||1.25 times the Single Premium||Vary||–||Single Pay|
|4||Birla Sun Life Insurance||ABSLI Life Shield Plan||18 to 65 years||80 years||Minimum: Vary Maximum: 50 years||25,00,000||No Limit (subject to underwriting guidelines)||Single Pay | Limited Pay – 6 | 8 Years | Regular Pay|
|5||SBI Life Insurance Company Ltd||Poorna suraksha||Min – 18 Years and Max – 65 years||Max – 75 years||10, 15, 20, 25, 30 Years||–||–||–||Half-Yearly: 51.00% of annual premium Monthly: 8.50 % of annual premium|
List of Health Insurance Companies in Maharashtra
A sound mind leaves in a healthy body. Life is uncertain and you need to be updated with your health. Having a good health insurance is a very good idea in this context. Here we are going to provide the information about some of the good health insurance companies in Meghalaya and their policy with the details.
First in this list is the Aditya Birla health Insurance company. This is one of the new companies in the Indian health Insurance space. An integration of African Health Insurance Company named MMI Holdings and Aditya Birla Group of India. The name of the policy is the 1 crore SUM assured. It will provide sum assured of Rs 1 crore at premium of Rs 453 monthly. Aditya Birla group provides you a health insurance which is much more than just a Health Insurance.
Second health insurance company that comes in this list, also has its offices in Meghalaya is Religare. Religare Care health Insurance plan that pays for the medical treatment expenses of the policy holder. This includes the expenses incurred due to some injury, illness or accident. The plan covers in total the expanses occurred during the hospitalisation, before and after hospitalisation, day-care treatment that do not need the hospitalisation, health check-ups and many more. The insurance plan gives you a sum assured of Rs 3 Lacs at a premium of Rs 240 monthly.
Now it’s term for Optima Restore plan provided by the Aplollo Munich. The plan is coming with a sum assured of Rs 3 Lacs at a premium of Rs 524 monthly. This plan is basically designed for the families that have coverage for the spouse, dependent parents, dependent children and parents-in-law. Stay Active, Restore and Multiplier are some of the other benefits of the plan. This would be a best option for you if you are looking for some health plan that would benefits your family along with you. You can also enrol yourself online for this plan.
The second last one in this list is the Individual Health Guard which is provided by Bajaj Allianz. This plan assured you a good return with less monthly investment. You can get a sum assured of up to Rs 3 Lacs at a premium of Rs 388 monthly. This plan includes the hospitality expenses incurred due to some illness or accident.
The last in this list is the Prohealth Plus SB02 which is being offered by the Cigna TTK. First in this list is the Aditya Birla health Insurance company. This plan provides you a sum assured of up to Rs 2.5 lacs at a premium of Rs 223 monthly. This also can be one of the good Health Insurance policy. Detail of all the policies is given in the following table.
|Sr. No.||Company’s Name||Company’s Plan||Sum Insured||Key Features||Premium|
|1.||Aditya Birla||1 Cr SUM Assured||Rs 1 Cr||Hospital Room Eligibility Single Private A/C Room Day Care Treatments 500+ listed treatments Ambulance Charges Up to Rs 2K/event Bonus on No Claim Rs 50K SI added (reduced on claim)/year||Rs 453 Monthly|
|2.||Religare||Care||Rs 3 Lacs||Hospital Room Eligibility Up to Rs 3K/day Day Care Treatments All day care treatments Ambulance Charges Up to Rs 1.5K/event Bonus on No Claim Rs 30K SI added (reduced on claim)/year||Rs 240 Monthly|
|3.||Aplollo Munich||Optima Restore||Rs 3 lacs||Hospital Room Eligibility All categories Day Care Treatments All day care treatments Ambulance Charges Up to Rs 2K/event Bonus on No Claim Rs 1.5 Lacs SI added (reduced on claim)/year||Rs 524 Monthly|
|Bajaj Allianz||Individual Health Guard||Rs 3 Lacs||Hospital Room Eligibility All categories Day Care Treatments 130 listed treatments Ambulance Charges Up to Rs 20K/year Bonus on No Claim Rs 30K SI added (reduced on claim)/year||Rs 388 Monthly|
|Cigna TTK||ProHealth Plus SB02||Rs 2.5 Lacs||Hospital Room Eligibility Up to single private room Day Care Treatments 171 listed treatments Ambulance Charges Up to Rs 2K/event Bonus on No Claim Rs 12.5K SI added/reduced per year||Rs 223|
For more details please visit the company website. This is the appoximated data.
Also Read : Insurance Companies in India