Insurance Companies in Jammu and Kashmir

Insurance Companies in Jammu and Kashmir| List of Insurance Companies –

List of Life Insurance Companies in Jammu and Kashmir

Here we are going to provide the information about some of the good Life insurance companies in Jammu and Kashmir and their policy with the details.

Let start with the DHFL Pramerica Life Insurance. The plan name is Life Flexi e-Term. The plan is coming with three options. One is the Lump sum option, Level monthly income, increasing monthly income. The policy is available at a total monthly premier of Rs 1166. Out of this Rs 988 is the base premier and Rs 478 is the accidental death benefit. The total payout would be equal to Rs 1 Cr. And Policy term would be of 33 years. Also with the help of Life stage cover enhancement option you can increase your base sum assured without the need of any medical examination.

Next in this list is the Elite Term Insurance plan introduced by Exide Life Insurance. This policy not allowing the monthly premium. Yearly the premium of Rs 8977. Pay term would be 33 yrs long. By going through a medical examination, you can enjoy lower premier rates if you are leaving a healthy lifestyle. If you are a non-smoker and also do not consume tobacco, you can enjoy preferential premier rates.

The third one in the list is the Bajaj Allianz Life Insurance plan named eTouch Online Term. The term plan is available at a base premium of Rs 849 monthly. There is three add-on to this plan. One is Accidental disability with a total sum assured of Rs 1 Cr at a policy term of 33 yrs. Second is Accidental death benefit plus accidental disability which is available at the monthly premium of Rs 596 and the total sum assured would be Rs 1 Cr + 1 Cr with a policy term of 33 yrs. The third one is critical illness plus accidental disability. The sum assured would be Rs 75 Lacs plus 1 Cr.

Here is the eTerm Lumpsum plan introduced by LIC. This plan is not available at the monthly premium. You need to pay Rs 14850 yearly to enroll for this life insurance plan. The policy term will be 32 yrs long. The complete sum assured would be available in case of the unfortunate death of the Life Insurer. All the benefits that are available under this plan are eligible for tax benefits under section 80C and 10D of Income tax act 1961. Also, there will be a 8% discount on the first year premier that will later be taken to 6,4,2,2 percent for 2nd, 3rd,4th,5th year. The maximum discount would be up to Rs 3000 is allowed.

Last in this list is the online term plus health insurance plan provided by Max health Insurance. The minimum entry age for the plan is 18 yrs and the maximum age is 60 yrs. You can avail this policy at a monthly premier of Rs 732. In this Rs 665 is the base premier and Rs 67 is the accidental death benefit. The total policy term will be 33 yrs long. There are three options for this plan. One is life cover, other is monthly income and a third one is increasing income.

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
1DHFL Pramerica Life InsuranceFlexi e-TermMinimum: 18 years   Maximum: For regular pay – 65 yrs For 60 yrs less age at entry option – 50 yrs 75 yrsVary25 LacsNo limit subject to underwriting     Annual, Monthly
2Exide Life insuranceELITEMinimum: 21 years     Maximum: 60 years   70 years for regular pay     80 years for extended pay   Single pay – 5 to 35 yrs   Regular pay – 10 to 35 yrs Extended term – Regular pay + 5 years or + 10 years 50 Lacs1.5 crAnnual    
3Bajaj  Allianz     eTouch Online TermMinimum: 18 yrs   Maximum: 65 yrs Min : 10 yrs   Max : 40 yrs  10 – 40 yrs (For regular pay and Limited pay 5 years)   15-40 yrs (For Limited pay 10 yrs) Rs 50 lacsYearly, half yearly, Monthly, quarterly
4LICe-TermMin – 18 Years and Max – 60 years75 yrsMin : 10 yrs   Max : 35 yrs – age Rs 25 LacAnnual
5Max health InsuranceOnline term plusMin – 18 Years and Max – 60 years85 yrsMin – 10 yrs   Max – 50 yrs 25 LacsAnnual, Monthly, Half Yearly, Quarterly

List of Health Insurance Companies in Jammu and Kashmir

Here we are going to provide the information about some of the good Health insurance companies in Jammu and Kashmir and their policy with the details.

First in this list is the Kotak Healthcare Premium (including option pack 1) provided by Kotak general Insurance. The plan covers a list of 4000 hospitals that offers cashless hospitalization. There is no limit on the type of rooms that are available under this policy and the total payment up to sum assured would be permissible. The plan does not provide the maternity coverage.

Next in this list is the Health Insurance plan provided by Star Health Insurance. This plan covers the medical expenses even after 90 days after hospitalization. It covers more the 8200 hospitals that permit the cashless hospitalization. The medical expenses before 60 days of the hospitalization will be covered in this plan. The plan also covers the Domestic Evacuations and will permit up to Rs 50K for emergency air ambulance services within the country.

The third one in this list is the Mediprime Health Insurance plan provided by TATA AIG. The plan covers the alternate medicine expenses of up to Rs 25K. It covers a sum of 1985 hospitals that offer cashless hospitalization. Medical expenses of 60 days post hospitalization and 30 days pre-hospitalization would be paid off.

Second last in this list is the Reliance General Insurance and their health insurance plan named Health Gain. It provides coverage of up to Rs 50k for the treatments done at home due to patient severe conditions or unavailability of hospital rooms. The plan is available at a monthly premium of Rs 1058 and the sum assured would be Rs 6 Lacs.

Here comes the Care health insurance plan provided by Religare health insurance. The plan is available at a monthly premium of Rs 900 and the sum assured is Rs 5 Lac. The plan covers a list of 4900 hospitals that offer 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 FeaturesPremium
1.Kotak General InsuranceKotak Health Care – Premium (Including optional pack 1)Rs 5 LacsMaternity   Optional cover for maternity benefit   Hospital Room Eligibility All categories   Bonus on No Claim Rs. 50 K SI added (reduced on claim)/year   Restoration of Cover Not available   14,056 annually  Change 2 Cashless Hospital(s) in your City Rs 1172 Monthly
2.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) Rs 959 Monthly
3.TATA AIGMediPrimeRs 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 Rs 1133 Monthly
4.Reliance General HealthHealth gainRs 6 LacsMaternity   Not covered   Hospital Room Eligibility Up to single private room   Bonus on No Claim Rs 2 Lacs SI added (reduced on claim)/year   Restoration of Cover Upto Rs 6 Lacs/1.2 Lacs for unrelated/repeated illness Rs 1058 Monthly
5.Religare health insuranceCareRs 5 LacsMaternity   Not covered   Hospital Room Eligibility Single private room   Bonus on No Claim Rs 60K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 6 Lacs once a year Rs 900  Monthly

For detail information on any of the above-mentioned policy, please visit the copany site. This is the appoximated data.

Also Read : Insurance Companies in India