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Protection against Income loss (TTD)
Accidental Death (of any nature)
Broken Bones and Burns
Permanent Total Disability (PTD)
Education and Tuition Fees cover
Permanenet Partial Disablity (PPD)
Legal and Funeral Expenses cover
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What Is Personal Accident Insurance?
Personal accident insurance as the name suggests is your financial safety net against unforeseen events leading to physical disability or death. This policy gives crucial support to beneficiaries. It covers hospitalization coverage, hospital confinement allowance, and medical cost coverage are also included under those plans.
There is a budgetary burden associated with out-of-pocket bills accrued as a consequence of an injury, such as co-pays and the deductible deficit, as well as non-medical expenditures such as additional babysitting or taxi service when you are unable to travel. Many companies believe in investing in personal accident insurance for employees working for them.
This is how a personal accident insurance policy benefits you:
  • 1. Your nominee will receives 100% of the sum insured in case of his dealth.
  • 2. In the event of Permanent Total Disablement, you will be paid the whole amount covered.
  • 3. In cases of fractured bones, wounds and partial disability a compensation of up to 10% is given.
  • 4. Provides daily cash to the patient when he or she is in the hospital for care as a kind of financial relief
  • 5. Ambulance bills accrued since the crash are often reimbursed according to the scheme
  • 6. There are no medical checks or paperwork required
  • 7. While some plans may can accommodate the whole family, others cover your spouse and kids for a 50% and 25% of the sum insured respectively
Types of Personal Accident Insurance Policy:
There are two types of two-wheeler insurance policies available in India:
  • Individual Personal Accident Insurance
    • This type of supplemental protection helps you in the event of bodily injury in the case of an actual policyholder’s accident. In certain cases, the insurer includes sudden death, leg or sight injury, among any lifelong injuries caused by an injury
    • The Individual Personal Accident Insurance policy is better for self-employed people, salaried people, and people who own a company. Certain insurers often have an academic bonus in their policies.
    • In the event of death or an application for permanent complete disability, the victim’s child is entitled to financial assistance for tuition at a government-approved educational institution.
  • Group Personal Insurance Policy
    • Employers also receive this personal accident protection to include compensation for their workers. These policies are excellent benefits for small businesses since they are inexpensive to procure
    • As opposed to individual accident insurance, group accident insurancepolicy offers less coverage. On the other hand, most insurers have full coverage in the event of the insured’s death, immediate partial disablement, or permanent total disablement as a result of injuries arising somewhere in the world
There are various types of personal accident insurance coverage(s):
  • 1. Accidental Death Coverage In case of a persons death, the accidental death coverage pays benefits
  • 2. Permanent Disability Coverage If an injury results in permanent impairment, the policyholder would be paid
  • 3. Permanent Partial Disability Coverage If the insured has a permanent partial disability due to the crash, the amount guaranteed would be paid out in full.
  • 4. Temporary Total Disability If the insured is involved if has him or her bed-ridden for an extended period, the policyholder would be paying a pre-determined sum.
  • 5. Dismemberment Certain personal liability insurance schemes cover dismemberment of some kind due to an injury, whether at work or on the road. A pre-determined amount of the Sum Insured would be charged to a personal injury insurance policyholder who damages arms, legs, toes, eyes, fingertips, and other body parts due to an accident.
  • 6. Burns Most personal injury insurance providers provide this optional additional benefit to protect policyholders from death owing to burns from chemicals, explosions, and other causes
  • 7. Age Personal injury insurance is available to those under the age of 65. Before purchasing personal injury insurance in India, it is recommended that you compare personal accident policies. Benefits and coverage can differ from one provider to the next, so it’s crucial to shop around for a personal injury policy
Help Section/FAQ:

Follow the easy steps: Share your details with Laxmi, she will suggest the best policy as per your requirement and her AI enabled expertise, purchase your customized recommendation that comes to you at an exclusive discount with the help of your work email id.

No, your parents cannot be covered under this policy.

Anyone below 65 years of age can opt a personal accident insurance policy.

The process is simple. Our experts will let you know the set of documents required. You can email or call your RM who gets allocated to you once you buy policy from elephant. Your dedicated RM will help and let you know the et of documents required to claim

Type of plan, Premium, Policy coverage, Insurer, Benefits, Coverage Abroad, Benefits to family, Exclusions, and Claim settlement process.

Yes, the policies can cover your spouse, upto 4 children, 2 parents and 2 in-laws.

Secutity and stability in case of accidental death, permanent total disablement, permanent partial disablement, burns, fractures etc., along with financial support for families and reconsruction surgeries.

When your job requires frequent commute using any mode of transport. No rode gurantees a safe passage. It is better to insure your life, surgeries and your dependent family’s needs.

Many plans provide worldwide emergency assistance services, inclusive of air ambulance.
Our latest Insurance articles & videos
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    Published on: 26th Dec 2022
    What is Covered Under a Comprehensive Car Insurance Policy?

    Mainly, there are two kinds of car insurance policies – Third Party Liability Coverage and Comprehensive Coverage.

    Before talking about Comprehensive coverage, first, let’s quickly go through the Third Party Liability Coverage.

    As per the Indian Motor Vehicles Act of 1988, every individual who owns an automobile, or any other type of vehicle for that matter, is required to have third-party liability coverage.  This coverage offers financial security against losses or damages brought on by the insured’s car to a third party. It pays the third party back for any property loss, physical harm, or unintentional death.

    What is a Comprehensive Car Insurance Policy?

    A comprehensive car insurance policy protects the insured against both third-party liabilities and their own damages.  Since it protects you financially from any damages that may occur unrelated to a collision, it is sometimes known as “other than collision” or “own-damage” car insurance. Any unanticipated events, including accidents, fires, thefts, and natural disasters, are covered by a comprehensive car insurance policy. Thus, both the insured and the third party are covered.

    The Advantages Of Purchasing Comprehensive Car Insurance

    Any unanticipated occurrence, except collision, is covered by a comprehensive auto insurance policy. It also provides coverage for losses sustained in an accident. Here are some of the many additional advantages of this “other than collision” cover:

    • It offers your vehicle the finest degree of protection possible
    • With comprehensive automobile insurance, you may claim damages suffered in such circumstances even if you were at fault in an accident
    • It covers claims made against you in court, including legal costs, as a consequence of an accident
    • Financial security and peace of mind
    • Financial aid if your car is written off
    • In contrast to third-party insurance, it protects against damage to your own vehicle during an accident

    What Is Covered by Comprehensive Insurance?

    Comprehensive car insurance covers the 3 following things:

    1. Third-Party Liability

    • Damages caused to the property of the third party.
    • Death or injuries caused to the third party.
    • Death of the insured vehicle’s owner.
    • At an additional premium, the demise of the insured vehicle’s driver is also covered.
    • At an additional premium, the demise of the passengers travelling in the insured vehicle is also covered.
    • At an additional premium, the permanent total disability of the insured vehicle’s owner, passengers, and the driver is also covered.

    2. Own Damage

    • Natural disasters like storms, floods, earthquakes, tornadoes, hurricanes,  etc.
    • Damage suffered in an accident involving the insured vehicle.
    • Terrorism
    • Explosions, fire, and civil commotions
    • Falling objects
    • Stealing and damage

    3. Personal Accident Cover

    • Death of the life insured
    • Loss of two limbs, loss of vision in both eyes, loss of one limb, or loss of one eye.
    • Permanent disability due to injuries other than those already mentioned.

    What are the Exclusions of Comprehensive Insurance?

    If an accident causes damage to your automobile, you cannot file a compensation claim without having comprehensive coverage at the time of the accident. Similarly, several items are not covered by comprehensive auto insurance:

    • Depreciation
    • Natural deterioration of the vehicle (wear and tear)
    • Mechanical or electrical failure
    • Damages to the car resulting from a driver driving without a legal license
    • Damage brought on by drunk driving
    • Damage incurred from intoxicated driving (under the influence of drugs)
    • Independent tire and tube damage (not due to a covered collision)
    • Vehicle loss or damage caused by mutiny, war, or nuclear risk

    Conclusion

    There is no doubt that a comprehensive car insurance policy typically offers broader coverage. However, Please note that each policy is unique, and you must read it thoroughly to understand the inclusions and exclusions.

    In case of queries, feel free to write us at support@elephant.in or call at 1800 266 9693.

     

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    Published on: 16th Dec 2022
    Section 80D: How to save tax on health insurance premiums paid

    Every year at this time, people start talking about taxes and investments that can reduce their taxable income. And it’s crucial that you only use legal ways while trying to lessen your tax burden. Elephant.in can help with that.

    In this article, we have outlined a legal strategy you may use to not only reduce your tax burden but also create a sizeable fund for you and your family’s health emergencies.

    One of the legal tax-saving avenues is Section 80D of the Income Tax Act, which allow you to get tax benefits on health insurance premium(s) paid from your income up to a limit of ₹ 1,00,000. Let us understand this Section in detail.

    Health Insurance Tax Benefit in India

    Under Section 80D, you can avail income tax deductions against healthcare-related expenses and payment of health insurance premium. The amount of tax deductions that you can claim under Section 80D depends on the number of people included under the health insurance coverage as follows:

    • A policy that covers individual, spouse, and children (no member is a senior citizen) – a maximum of ₹ 25,000
    • A policy that covers individual, spouse, and children + parents who are not senior citizens – a maximum of ₹ 50,000
    • A policy that covers individual, spouse, and children + parents who are senior citizens – a maximum of ₹ 75,000
    • A policy that covers individual, spouse, and children where you or your spouse is a senior citizen + parents who are senior citizens – a maximum of ₹ 1,00,000
    • Section 80D also covers payment made for preventive health check-ups, critical illness life insurance plan and other health-related riders provided under a life insurance policy.

    It’s almost the end of the third quarter of the current financial year and is the right time to start planning your investments for the year and save some of your hard-earned tax money.

    You can visit Elephant.in to choose your preferred insurance company, compare various plans and buy the one that best fits your requirements.

     

    Tax Disclaimer: Tax benefits are defined by the Income Tax Act of 1961 and are subject to any future changes. It is suggested that you consult with a tax consultant.

    Source: https://incometaxindia.gov.in/

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    Published on: 16th Dec 2022
    Section 80C: How to save tax on life insurance premiums paid

    People begin discussing taxes and investments that can lower their taxable income around this time of the year. It’s vital that you only reduce your tax bill using legal means. That is where Elephant.in can help.

    In this post, we’ve covered a one of the most-opted legal ways you can employ to – not only lower your tax bill but also build up a sizable emergency fund – that can protect you and your loved ones in uncertain situations.

    One of these legal tax-saving options is Section 80C of the Income Tax Act, which enables you to receive tax benefits on expenses from your income up to a maximum of ₹1,50,000. Let’s take a closer look at this Section.

    Life Insurance Tax Benefits in India

    One of the most well-known and preferred tax-saving options is Section 80C – because it enables taxpayers to make tax-saving investments like life insurance products to lower their taxable income.

    It allows a maximum annual deduction of ₹ 1,50,000 from the total yearly income.

    For example: You are a 26-year-old individual, that falls under the highest tax slab rate of 30% having annual income less than Rs 50 lakhs. You have opted for old tax regime.

    You have purchased a term life insurance plan from Elephant.in. for an annualized Premium of ₹19,500 for a Premium Payment Term and Policy Term of 36 years . You get life cover of ₹ 2 crore. In the case of your unfortunate demise your nominee will get lump sum payout of ₹ 2 crore.

    As per 30%, the tax on ₹ 19,500 is ₹5,850
    +
    Education Cess of ₹ 234 at 4% of ₹45,000
    =
    You save ₹5,616 in a year

    In this way, you can save ₹5,616 X 34 years (premium paying term) = ₹ 2,02,176

    Additionally, you get the following benefits from a term life insurance plan:

    • Life cover  of over ₹ 2 Crore
    • You save ₹ 2.02 lakhs in tax benefits under Section 80C
    • Get tax-free pay-out under Section 10(10D)

    Suggested Read: How much term insurance cover do I need?

    It’s almost the end of third quarter of the current financial year and is the right time to start planning your investments for the year and save some of your hard-earned tax money.

    You can visit Elephant.in to choose your preferred insurance company, compare various plans and buy the one that best fits your requirements.

    Tax Disclaimer: Tax benefits are defined by the Income Tax Act of 1961 and are subject to any future changes. It is suggested that you consult with a tax consultant.

    Source: https://incometaxindia.gov.in/

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    Published on: 16th Dec 2022
    How much term insurance cover do I need?

    People looking for term life insurance coverage frequently ask us, “How much term life cover do I need? ” The amount of life insurance that each person needs will vary depending on a variety of circumstances. In this post, we will discuss the factors that will influence how much life insurance you need.

    3 Important Factors to Consider 

    Before choosing any life insurance plan, consider the following three most crucial factors to take into account while deciding how much term life cover is required:

    1. Does it cover your financial liabilities and loans?

    Even if something unfortunate were to happen to you, unpaid debts like your home loan or car loan would still need to be repaid. In addition, you can have further unpaid debts. Make a list of all these liabilities and do the math to determine your total amount owed that must be paid regardless of what.

    2. Does it include both primary and secondary education for your kids?

    If you are the sole breadwinner for the family, you are responsible for your child’s financial stability. Your child shouldn’t be denied the education s/he needs in the event of your unfortunate demise. Hence, determine a likely cost based on the program and institution you want to register your child in.

    For example, A 4-year engineering program, which costs around 5 to 8 lakhs today, by 2025, it would likely cost at least 15–16 lakhs. Further, it is likely to reach 20 lakhs by 2030 and 35 lakhs by 2040. Hence, keep the inflation rate in mind while calculating the cost.

    3. Does it cover replace your current income?

    Your family’s monthly expenses, such as those for groceries, transportation, medical care, and housekeeping, are also covered by your current salary.

    These expenses could change if an unexpected incident occurs or if you retire. Say the monthly expenses for your household are ₹ 45,000 at the moment. Due to rising prices and an improvement in the level of living, this may rise in the future. Hence, decide how much you might need to spend annually to cover the family’s essential costs.

    Calculate the Coverage You Require

    After you’ve finished, add up all these numbers to get an idea of the total life cover you require. Your term plan’s sum assured must cover the expenses. If it is, you can relax knowing you have enough protection. It is that simple!

    The Final Step

    Now analyse and compare every term life insurance plan offered on Elephant.in and buy the one that seems most reasonable. Do not forget the premium cost that you will have to pay each month or annually while making this decision.

     

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    Published on: 06th Dec 2022
    How Does Term Life Insurance Work?

    Life is unpredictable. Unexpected events may be beyond our control, but we can plan our family’s financial protection against them efficiently. In this aspect, one of the best tools for ensuring that your family never runs out of money is term life insurance.

    A term insurance policy is a straightforward and cost-effective approach.

    Having complete knowledge will enable you to make an informed choice, which will ultimately result in a stress-free future. Hence, before you decide to search online for the best term insurance policy, let’s understand how it works.

    How a Term Life Insurance Work?

    Here is how a term life insurance policy works:

    • Step 1: You choose to buy a particular term insurance plan that fits best with your requirements.
    • Step 2: You choose the sum assured or coverage amount that your nominee will receive in the unfortunate incident of your (life insured’s) demise.
    • ProTip: To decide the coverage amount – try the DIME formula. Add your debt, income, mortgage, and education costs along with the salary needed for the number of years your loved ones require protection. You’ll get an idea of the needed coverage.
    • Step 3: You choose the tenure of the policy i.e., the policy term and the duration of premiums to be paid i.e., the premium paying term – based on your earning years.
    • Step 4: The life insurance company determines the premium amount to be paid based on a number of factors like your age, your overall health, sum assured, policy term, preferred term for paying premiums, and so on.
    • Step 5: Decide the nominee(s). The death benefits do not need to go to just one person. You can split it between your adult children and spouse. In case you don’t have a family, leave the benefits to a friend, a charitable organisation or a trust.
    • Step 6: You buy the term insurance plan and in return you pay premiums.

     

    Life Cover/ Death Benefit:

    In the tragic circumstance, if the life insured passes away, the death benefit is given to the life assured’s nominee, and the life insurance policy is terminated.

    Maturity Benefit:

    Because a term plan is a “pure-risk” cover, if the life insured lives to the end of the policy term, there is no maturity benefit. Nevertheless, only in the case of “term insurance with return of premium plans” – if the life insured lives, s/he is given the agreed maturity benefit, which is the total premiums paid minus taxes, additional premiums, and so on.

    With so many options available in the market, selecting the best term life insurance plan for you can be a task. However, Elephant.in can help you.

    Contact us and we will arrange a meeting for you with our financial experts who will help you take a right decision without charging anything for their service. Dial 1800 266 9693 or email us at support@elephant.in.

     

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    Published on: 21st Nov 2022
    Is it worth buying term life insurance in your 50s?

    Between 2021 and 2022, Indian ownership of term insurance plans increased from 39% to 43% 1.

    Undoubtedly, the COVID-19 pandemic has made us realize the importance of having a term life insurance plan!

    It’s a type of plan that provides pay-out to your nominee(s) in the case of your unfortunate demise.  This pay-out will not only protect your loved ones from a sudden loss of income but also help paying back the unpaid loans such as home loans, student loans, etc.

    Even though it’s smart to buy term insurance early, you still have time! So, yes! It is worth buying term insurance in your 50s. Here’s why:

    5 Benefits of Buying Term Insurance in Your 50s

    Here are the five most important benefits of buying term insurance in your 50s:

    1. Replace Lost Income and Pay Living Expenses

    Irrespective of your age when you die, a term plan can help your dependents make up for the lost source of income, especially if you were the sole breadwinner. The pay-out received can help them pay their living expenses.

    2. Meet Your Family’s Lifestyle Needs

    Over time, our lifestyle requirements change. Alongside, inflation keeps rising and that brings down our purchasing power. The pay-out that your nominees get from term insurance can financially aid them to maintain their lifestyle.

    3. Protection against Liabilities

    You may have taken out loans to buy a house, a car, and other assets. You can rest assured that even if you pass away, the burden from these loans won’t put your family in financial danger. If something tragic happens, the payment from the term plan might be able to pay off the loan(s). Moreover, his gives them peace of mind to focus on their own needs.

    4. Financial Security for Children

    Your kids are growing and so are their costs to have a stable livelihood. The maturity benefit of term insurance can also help financially secure the future of your children, at least until they start earning themselves.

    5. Tax Benefits

    Taxpayers may claim specific tax benefits in accordance with the guidelines set in the Income Tax Act. The most often claimed tax benefits fall under Section 80C and Section 10(10D). Please note that the tax norms are subject to change.

    To conclude, you can enjoy the above benefits irrespective of the age at which you opt for term insurance. So, compare and buy the best term life insurance plan most suited for your and your family’s future financial security.

    ___________________________________________________________________________________________

    Tax Disclaimer: Tax benefits are defined by the Income Tax Act of 1961 and are subject to any future changes. It is suggested that you consult with a tax consultant.
    Sources: https://www.business-standard.com/article/finance/term-insurance-ownership-has-risen-to-43-from-36-in-two-years-ipq-survey-122022300838_1.html

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    Published on: 03rd Jun 2022
    How to Renew Your Two-Wheeler Insurance After Expiry

    Every two-wheeler owner is required to have at least a third-party insurance plan to ride a bike or a scooter in India. As per Indian Motor Traffic laws, it is illegal to drive without a 3rd party insurance in the country. Therefore, it is advisable to purchase a bike insurance plan without fail. Not renewing the bike insurance on time could result in the lapse of the policy. This is in effect, an expiry of the policy.

    Bike insurance policy renewal can be easily done online rather than visiting the insurance company’s branch office. The policy can still be revived, even if you missed the deadline. It’s better to renew a policy than take a new one, as you do not need to be on-boarded once again. The insurer already has all your details.

    Many insurance companies remind their policyholder through emails, calls, WhatsApp or texts as their insurance premium payment date approaches. Sometimes we tend to miss these when we don’t see the appropriate communication or we forget to make payments in time. However, if you have missed the renewal date of your insurance policy, immediately get in touch with your insurance company.

    The first step you can take is to call your insurance company and ask for assistance related to policy renewal. In case you have lost track of your two-wheeler insurance renewal date or have missed renewing it before the due date, try to check your details online first. In situations where you are only paying after the due date, insurance providers avoid vehicle inspections.

    There are two ways to renew your lapsed two-wheeler insurance plan i.e. online and offline. Follow these steps to complete the two-wheeler insurance renewal online after expiry:

    1. Check if you have all the policy requirements ready with you. You can make changes to your policy at the time of renewal.
    2. Login to your insurer’s website.
    3. Enter the details related to your bike.
    4. Select the type of bike insurance policy.
    5. Select add-ons if required.
    6. Make a payment through available payment methods.

    Your two-wheeler insurance will be renewed and your renewed bike insurance policy will be sent to your registered email.

    Consider the following points before purchasing/renewing a two-wheeler insurance policy.

    1. Be aware of fraudulent offers
    2. Never click on unknown links, asking you to renew on other platforms
    3. Ensure that the insurer’s authorized signature is there on all policy documents.
    4. Always ask for a payment receipt.

    When purchasing two-wheeler insurance, the best way to do it is online, on a reputed website like Elephant. This way you can compare different bike insurance quotes and get insured with the best policy.

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    Published on: 30th May 2022
    Reasons to get travel insurance for your next international vacation

    International travel can be scary and fun! Did you know that some tourists are known to travel with chefs who can cook food for them – while they travel? This can be a wise decision for most vegetarians who may or may not find the food they need in smaller countries! To what extent should this be done? Should you travel with a Doctor too? The point is you can be careful, but you cannot prepare for everything – it’s practically impossible.

    Life is erratic, and the risks only multiply when you are in a foreign land among people you don’t know. There is no guarantee that your trip will go as per plan. You are highly vulnerable from being robbed to meeting an accident or missing your flight. Your trip can take the most unexpected turns in the most inconvenient of times. This is where having travel insurance can come to your aid.

    A travel insurance policy can help you maximize the benefits of travelling and ensure that you are prepared for any circumstance in your journey. Here are a few reasons to consider buying a travel insurance policy:

    1. Support in case of medical emergencies

    Being in a medical emergency while in a different country or on a flight is completely different from just being ill. Getting medical treatment abroad can be very expensive. Furthermore, instances of medical evacuation from the country will add to your expenses.

    Having a travel insurance policy with an adequate cover that protects medical hospitalization/expenses, will save you from hefty medical bills. Your insurance provider can also connect you to the right doctors and hospitals for getting prompt medical care.

    1. Retrieve flight scheduling and cancellation fees

    Cancelling or rescheduling flights due to bad weather, strikes, or medical emergencies, can disturb your travel plans. Without travel insurance, you might end up paying the flight cancellation charges. With travel insurance, such charges can be taken care of, and you can enjoy your vacation as planned.

    1. Replacement of stolen or lost luggage

    Misplaced or theft of your luggage is not uncommon when travelling. Be it the loss of your debit/credit card/passport or a broken phone due to the carelessness of an airline baggage handler, the right travel insurance will cover you.

    1. Protection against personal liability

    A travel insurance policy can come to your aid if you are responsible for property damage or any injury suffered by a third party. Instead of being a victim, you could be at fault in a certain situation and have to compensate for damages. A travel insurance policy can cover you in such scenarios too.

    1. Safeguard your home when you travel

    Certain travel insurers provide security to your house while you travel abroad. Protection against expenses incurred due to burglary or fire falls under this plan.

    1. Stress-free travel and stays

    With an appropriate travel insurance policy, you can enjoy a stress-free journey while reclaiming losses against uncertain events. It helps to compensate for longer stays due to poor health. It will cover you till you are healthy to travel again.

    A travel insurance policy is a must for those who want to make the most of their travel/ vacation. With several insurance plans available on Elephant, you can compare and get the best one for yourself.

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    Published on: 26th May 2022
    Why you should consider buying critical illness insurance at an early age

    Critical illness insurance protects the insured against serious diseases, which require expensive treatment. When diagnosed with critical diseases like heart attack, cancer, liver cirrhosis, any major surgeries, etc, critical illness insurance ensures a smooth process to settle huge bills. Critical illness bills can result in all your savings drying up. These can easily set you back by Rs 10 lakhs plus.

    It helps the family to save costs, and isn’t it wise to buy a critical illness insurance plan before the need arises? The benefits of buying critical illness insurance at an early age are as follows:

    • Lower Premiums

    The age of a policyholder is an important factor when deciding the insurance premium. With good health and a lower probability of contracting a serious disease, insurers allow younger policyholders to pay cheaper premiums. Applying for a critical illness plan is easier when one is still in their 20s or 30s because insurers allow low premiums ensuring maximum savings. If the insured does ever require coverage, the longer time that they have paid premiums ensures an easy claim settlement process.

    • Lump-Sum Payment for diagnosis and treatment

    Treatment of critical illnesses is more expensive than regular diseases. Critical illness insurance plans usually provide lump-sum payments for treatment, diagnosis, and post-operative care. Many people cannot seek proper treatment as these are not affordable for all. Opting for a critical illness insurance plan at a young age ensures you get the best treatment and procedures when needed

    • Related expenditure coverage

    To seek the requisite treatment, patients with cardiovascular or other serious diseases may often need to travel to a different city or country. The patient may be accompanied by friends or family members, and the travel expenses can become too much to bear, especially when you are worried about how much the treatment will cost. Critical illness insurance also allows paying for the miscellaneous expenses that occur in the course of treatment.

    • The family’s lifestyle need not change

    When a family member, especially the sole breadwinner, is diagnosed with a critical disease, it affects the entire family’s lifestyle. The family works to save funds to aid the member’s recovery, and they compromise on living comfortably. However, with a simple heart or overall critical illness insurance, the family members need not worry about cutting down their expenses and living comfortably while taking care of their unwell relative.

    Buying critical illness insurance prevents a lot of stress by taking care of expenses incurred during diagnosis and treatment. Visit Elephant and compare plans to safeguard yourself against critical illnesses and surgeries.

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    I went through the website and I must say it was really a smooth and delightful experience. Laxmi is very interactive and your focus on minutest of details made it fun buying an insurance policy.
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  • For Employees
    Elephant got my renewal at a price 5000 bucks lower than the renewal notice premium. These guys mean what they say when they say Killer Prices.
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    Freelancer
  • For Employees
    I went through the website and I must say it was really a smooth and delightful experience. Laxmi is very interactive and your focus on minutest of details made it fun buying an insurance policy.
    Nikhil Shukla
    Nikhil Shukla
    Relationship Manager
    Reliance
  • For Employers
    The elephant has given a wide range of options at the best price to our employees under a single umbrella. A very unique business model and a bridge between retail insurance and corporate package.
    Kumar Gyanendra
    Kumar Gyanendra
    Human Resource(HR)
    Endureka
CIN: U67200MH2003PTC141621
IRDAI Registration No.: 217
Valid from : 13/10/2021 to 12/10/2024
Category : Composite Broker
Principal Officer Name: Mr. S. V. Thakkar
*All discounts provided by insurers as per IRDAI approved insurance plans. Standard T&C apply.
Insurance is the subject matter of solicitation. For more details on policy terms, conditions, exclusions, limitations, please refer/read policy brochure carefully before concluding sale.
Visitors are hereby informed that their information submitted on the website may be shared with insurers for soliciting insurance policies.The product information for comparison displayed on this website is of the insurers with whom our company has an agreement.Product information is authentic and solely based on the information received from the Insurer.
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