Car insurance is the best way to protect yourself and your car. If you are the owner of a car, then car insurance is very important for your safety and security because today there are so many vehicles on the roads. That’s why insurance is very important for security.
Network Of Cashless Garages Network Of Cashless Garages
There are many garages with which a car insurance company partners to facilitate cashless insurance claims. While choosing a car insurance company, one should check the strength of the insurance company’s network of cashless garages. One should also check whether there are enough cashless garages around his locality.
Types of Car Insurance Plans Offered by Different Insurance Companies
Based on the car/vehicle/4 wheeler insurance coverage, there are three types of car insurance plans:-
Third party car insurance
As per the Indian Motor Tariff, it is mandatory for every car owner in the country to have at least a third party car insurance policy. This plan provides you coverage for all third party liabilities such as third party bodily injuries, disability, death as well as property damage that may occur due to any unfortunate event involving your car. Damage to third party property is limited to Rs. 7.5 lakhs under this scheme. best car insurance India
Standalone Own Damage Car Insurance best Car Insurance India
This plan provides only coverage for self damage caused by your car in any accident like road accident, natural calamity, fire, explosion, theft, riot etc. To comply with the legal requirements, you need to buy a third party car insurance plan with it. A standalone own damage car insurance plan lets you choose your own damage cover and third party cover from various insurance companies.
Comprehensive Car Insurance Comprehensive Car Insurance
It is a bundled cover that provides you coverage for both third party liabilities as well as your own damages caused by your car in an unfortunate event. Among all the three types of car insurance plans, a comprehensive cover gives you maximum coverage. You can further enhance the coverage of this plan by opting for add-ons like zero depreciation cover, engine cover etc.
Top Car Insurance Company
Bajaj Allianz Car Insurance :- Bajaj Allianz General Insurance is one of the leading car insurance companies in India offering unique products. It is a joint venture between Allianz SE and Bajaj Finserv Limited. The company offers a wide range of two wheelers, cars, CNG kits and commercial motor insurance products.
IFFCO Tokio Car Insurance :- IFFCO Tokio is a joint venture between Indian Farmers Fertilizer Cooperative Limited and Tokio Marine Group. The insurer has more than 4300 network cashless garages across India with 20000 agents and branches across India.
Kotak Mahindra Car Insurance Kotak Mahindra Car Insurance is offered by Kotak General Insurance. It is a wholly owned subsidiary of Kotak Mahindra Bank, one of the most popular private sector banks in India. Kotak Mahindra Group is one of the leading financial services providers in India. If you liked this information about best car insurance india in Hindi or got to learn something, then please share this post on social networks such as Facebook, Twitter and other social media sites.
Future Generali Car Insurance Future Generali General Insurance Company Limited is a joint venture between Future Group and Generali Group. The insurer has sold over 8.2 million policies in India with a strong corporate clientele of over 3000.
Life Insurance Corporation of IndiaICICI Prudential Life Insurance CorporationState Bank of IndiaHDFC Standard Life InsuranceMax Life Insurance CompanyBajaj Allianz Life Insurance CompanyKotak Mahindra Life Insurance CompanyTata AIA Life Insurance CompanyReliance Nippon Life Insurance CompanyPNB MetLife Life Insurance Company1) Life Insurance Corporation of India CorporationLife Insurance of India Corporation Life Insurance Corporation of India Life Insurance Corporation of India is the oldest and largest government insurance company in India. It was established in 1956. It has several insurance groups and investment firms. At the same time it offers many insurance policies to its customers. Some of the general insurance policies offered by the company are – Life Insurance Scheme, Pension Scheme, Child Insurance Scheme (Child Plan), Unit Linked Plan, Special Plan and Group Plan. The company has a large number of employees working with a network of 2,048 branches.2) ICICI Prudential Life Insurance CorporationICICI Prudential Life Insurance ICICI Prudential Life Insurance Corporation ICICI Prudential Life Insurance Corporation is a joint venture between ICICI Bank and Prudential Plus. It is one of the largest insurance companies in India. At the same time it is one of the largest international financial services group. The company made its debut in December 2000 as the first private sector life insurance company in India. For over a decade, the company has maintained a high position among private life insurers. ICICI Prudential Life Insurance offers plans like Term Plan, ULIP Plan, Pension Plan, Child Plan and Investment Plan to cater to the different standard of living needs of the customer. It has 1900 branches and more than 2 lakh advisors.3) State Bank of IndiaState Bank of India State Bank of India State Bank of India i.e. State Bank of India is the largest private sector bank in India and in SBI you also get life insurance facility. SBI Life Insurance Company currently offers life insurance policies to over one million Indians. The company offers a range of life insurance and pension plans at a very affordable rate. As one of the top insurance companies in India, it offers various schemes like Savings Scheme, Unit Link Scheme, Security Plan, Child Plan and Pension Plan to cater to the needs of the people.4) HDFC Standard Life InsuranceHDFC Standard Life Insurance HDFC Standard Life Insurance HDFC Standard Life Insurance Corporation is a joint venture between India Housing Development Financial Corporation Limited and Standard Life Plus. It is one of the most reputed private sector insurance companies in India. It was established in the year 2000. The company offers plans in a very customized way to meet the different needs of the customer such as pension plan, savings and health plan, safety plan, child plan and women’s plan.5) Max Life Insurance CompanyMax Life Insurance Company Max Life Insurance Company Max Life Insurance Company is currently one of the most reputed insurance companies offering policies to millions of Indians. Max Financial Services Limited and Mitsui Sumitomo Insurance Company Limited have jointly launched Max Life Insurance as the leading insurance company in India. The company offers long-term protection, savings and retirement schemes with multi-channel distribution partners and high-service delivery agencies. With a strong customer-centric approach, the company provides one-stop solutions for all types of insurance and investment needs. Max Life Insurance has a strong track record of 15 years.6) Bajaj Allianz Life Insurance CompanyBajaj Allianz Life Insurance Company Bajaj Allianz Life Insurance Company Bajaj Allianz is one of the most reputed and well known insurance companies. It is a joint venture between European financial services company Allianz SE and Bajaj Finserv Limited. The company is known as the top life insurance brand in India and among other life insurance companies Bajaj Allianz Life Insurance Company offers its customers a wide range of groups ranging from ULIP and Child Plan to Group and Health Insurance. The company offers customized policies that meet every demand of the customer and give them a transparent benefit. Launched in 2001, this life insurance company provides one-stop solutions to customers and helps them achieve their financial goals.7) Kotak Mahindra Life Insurance CompanyKotak Mahindra Life Insurance Company Kotak Mahindra Life Insurance Company Kotak Mahindra is currently one of the leading insurance companies in India with millions of customers. Kotak Mahindra Group and Old Mutual Fund jointly formed Kotak Mahindra Life Insurance Company and its head office is in Mumbai. It is one of the fastest growing insurance companies in India, with over 4 million trusted policyholders across the country. Keeping its customers in high priority, the company offers a very affordable range of Long Term Plans, ULIP Plans, Child Plans, Savings Plans, Investment Plans, Protection Plans and Retirement Plans.8) Tata AIA Life Insurance CompanyTATA AIA Life Insurance Company Tata AIA Life Insurance Company Tata AIA Life Insurance Company is responsible for providing all inclusive life insurance cover to over one million people living in India. TATA Sons and AIA Group have joined hands to start TATA AIA Life Insurance Company. TATA Sons owns 75% and AIA Group owns 26%. The company works with a customer-centric approach and offers insurance policies to individuals, associations and corporate insurance buyers. Launched in 2001, the company offers plans like Group Plan, Child Plan, Wealth Plan, Protection Plan, Savings Plan and Micro Insurance Plan.9) Reliance Nippon Life Insurance CompanyReliance Life Insurance Company Reliance Nippon Life Insurance Company Reliance Nippon Life Insurance is currently one of the most renowned life insurance companies in India. It is a part of Reliance Group of Reliance Capital. With a network of 1,230 branches across the country, the company has over 10 million policyholders. The company offers a range of plans like Retirement Plan, Child Plan, Protection Plan, Investment Plan and Health Plan. The maximum term of the policies is 35 years and people from 18 to 55 years can avail these policies.10) PNB MetLife Insurance CompanyPNB MetLife Insurance Company PNB MetLife Insurance Company PNB MetLife is one of the most preferred insurance companies in India. The company is currently providing life insurance policies to over one million Indians. It has more than 1,800 corporate clients and the company is spread across 150 different locations across the country. The company is well known for its protection and retirement plans. Apart from this there are many plans like Child Plan, Savings Plan, ULIP Plan, Monthly Income Plan and Money Back Plan which are given to the customer. PNB MetLife Insurance Company was started in India in the year 2008 and was recognized as the best insurance company in the private sector in 2013-2014. The age for the insurance plan offered by the company should be from 18 years to 65 years.