Insurance Companies in Odisha

Insurance Companies in Odisha| List of Insurance Companies –

List of Life Insurance Companies in Odisha

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

Here it comes the iSurance Flexi Term Insurance plan provided by IDBI Federal life Insurance Co. Ltd. The policy is available at a monthly premium of Rs 1122. In this Rs 863 is the base premium and Rs 259 is for the Accidental death benefit. For this ADB, Rider sum assured is Rs 54.19 Lacs and pay term will be for 29 years. If the Life insured died during policy term due to some misfortune, there will be one time payout. Also, the is the insurer is diagnosed with some illness that is specified in the policy before the age 65 years, he can opt to take a particular percentage of the death benefit amount.

Let’s move towards the Aviva iTerm Smart Life Insurance plan. The plan is available at a monthly premium of Rs 712 or you can switch to yearly plan by paying Rs 8175 and with this you also save Rs 10.701 on the policy. There is one add on to this plan which is Critical illness and Disability Rider. For this the premium would be of Rs 395 for a pay term of 29 years. The minimum sum assured would be Rs 5 Lacs and maximum would be Rs 50 Lacs. Also there is option for Life stage protection to enhance your coverage without need of any medical examination.

Aegon life Insurance is third in this list with it’s Life Insurance plan named iTerm Insurance Plan. The plan is available at a premium of Rs 732 monthly. You can also switch to the yearly plan to save a sum of Rs 26,216 by paying Rs 8411 yearly. Out of this Rs 581 is the base premium and Rs 48 is the Accidental death benefit. In which you can get a minimum sum assured of Rs 10 Lacs and maximum sum assured of Rs 44.5 Lacs. This plan is economical one and provides you the best coverage with Rider benefits.

Second last in this list is the Sampoorna Suraksha Life Insurance plan provided by TATA AIA. The plan is coming with its longer protection offer which is best in its class protection. It provides life cover up to the age of 80 yrs with the policy term of 40 yrs. There are tax benefits also that are applicable under the Income tax act 1961 under the section 80C and 10D. At the same time the plan is affordable ad provides and provides you the safety, security and protection to your family even in your absence.

Here comes the 3D Plus life long protection option provided by HDFC Life. The plan is coming with a monthly premium of Rs 6924 and there will be three month premium to complete the first installment. The Rider option is set by default under this plan. There is add-on to this plan. One is the Accidental disability with a premium of Rs 27 and the minimum sum assured in this is Rs 1 Lac and maximum is Rs 1 Cr. Second is Cancer care at a premium of Rs 880, and the sum assured are Rs 10 Lac which is minimum and Rs 40 Lac which is maximum.

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
1IDBI Federal Life Insurance Co. Ltd.iSurance Flexi TermMinimum: 18 years   Maximum: 60 yrs 80 yrsMin : 10 yrs   Max : 62 yrs 50 Lacs–     Annual, Monthly, Semi- Annual, Quarterly
2Aviva Health InsuranceiTerm SmartMinimum: 18 years     Maximum: 65 years   70 years (With Rider)     80 years (Without Rider)   10 – 62 yrs (Without Rider)   5-52 (With Rder) 75 Lacs25 CrAnnual, Half yearly, monthly    
3Aegon Life     iTerm plusMinimum: 18 yrs   Maximum : 65 yrs Max : 100 yrs 5 – 62 yrs 0r Fixed term coverage till age of 100 years     Rs 25 lacsNo limitYearly, Monthly
4TATA AIASampoorna RakshaMin – 18 Years and Max  –   For Regular pay – 70 yrs For limited pay 5 – 70 yrs For limited pay 10 – 65 yrs Min – 28 yrs   Max – 80 yrs last birthday Regular pay / limited pay 5 yrs – 10 to 40 yrs   Limited pay 10 yrs – 15 to 40 yrs Rs 50 LacNo limit subject to board writing underwriting policyAnnual, Half yearly, Quarterly, Monthly
5HDFC LIfe3D Plus Life long protection OptionMin – 18 Years and Max – 65 yearsMin : 23 yrs   Max : 75 yrs Single, Regular pay – 5 yrs, Limited pay – 6 yrs, Max : 40 yrs10 Lacs   For ROP : 30 Lacs No limitAnnual, Monthly, Half Yearly, Quarterly, Single

List of Health Insurance Companies in Odisha

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

Cigma TTK is the first one in this list. The health plan provided by the company is Prohealth Plus SB02. The plan covers 5023 network hospitals that allow cashless hospitalization. All the medical expenses that incurred before 60 days to hospitalization and after 180 days of hospitalization will be covered in this. This plan also covers the emergency cases that occur outside India for once in a year up to full sum insured.

Bharti AXA is second in this list and the Insurance plan provided by the company is Smart Super health insurance policy. The plan is available at a monthly premium of Rs 768 and the sum assured would be up to Rs 5 Lacs. Medical expenses before 60 days and after 90 days of hospitalization would be covered in this plan. There are 4300+ network hospitals covered that provide cashless hospitalization.

Now it’s time for the New India Insurance’s health care plan named the Floater Mediclaim. The plan permits the private room of up to 5K/ day for the hospitalization. There is list of 1800+ hospitals that offer the cashless hospitalization. 30 days before and 60 days after the hospitalization, all the medical expenses will be covered in this.

Second last in this list is IFFCO TOKIO and the health protection plan name is Family Health Protector. This plan can be enrolled at a monthly premium of Rs 1074. The sum assured would be up to Rs 6 Lacs. The plan covers the hospital room up to Rs 7500 per day. 121 day care treatments would be covered under this plan. A network of 4000+ hospitals has been build up that provide cashless hospitalization.

Last in this list is the Elite health care program provided by Liberty general insurance. This is available at a monthly premium of Rs 960 and the sum assured of up to Rs 6 Lacs is available in this plan. Restoration of coverage of up to Rs 6 Lacs is available once in a year. Maternity coverage is not covered under the plan.

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.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 Rs 852 Monthly
2.Bharti AXASmart Super Health Insurance PolicyRs 5 lacsMaternity   Optional Cover available   Hospital Room Eligibility All categories   Bonus on No Claim Rs 2.5 Lacs SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 768 Monthly
3.New India InsuranceFloaterMediclaimRs 5 lacsMaternity   Not covered   Hospital Room Eligibility Up to Rs 5K/day   Bonus on No Claim Not available   Restoration of Cover Not available Rs 902 Monthly
4.IFFCO TOKIOFamily Health ProtectorRs 6 LacsMaternity   Not covered   Hospital Room Eligibility Up to Rs 7500/day   Bonus on No Claim Rs 3K SI added (reduced on claim)/year   Restoration of Cover Once a year Rs 1074 Monthly
5.Liberty general InsuranceEliteRs 6 LacsMaternity   Not covered   Hospital Room Eligibility All categories   Bonus on No Claim Up to Rs 60K SI added/year   Restoration of Cover Up to Rs 6 Lacs once a year Rs 960  Monthly

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