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Unleash the power of AI-driven term life insurance recommendations, a dedicated relationship manager, and personalized plans designed just for you. Navigate confidently towards securing your family’s financial future, guided by Elephant.in's expertise and commitment to your peace of mind.

Watch this short video by Laxmi - Your friendly AI advisor who will handhold you through the entire process and make your insurance experience seamless!

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What is Term Life Insurance?
Term life insurance is a safety net for your dependents in case of unfortunate and untimely death. This insurance is recommended especially for those who are sole breadwinner of their family. It is the cheapest way to cover yourself which enables you to support a worry-free financial future for your family.
How Term Life Insurance Works?
When you buy a term life insurance policy, the insurance company determines the premiums based on your age, gender, sum assured and health conditions. The insurance company may also inquire about your current medications, smoking status, occupation, hobbies, and family history. If there is an unfortunate death of the life assured during the policy term, the insurer will pay the policy’s face value to your beneficiaries. The benefit pay-outs may be used by beneficiaries to settle pending debts and have a stable living in your absence. However, if the policy expires before life assured’s death, there is no pay out given to anyone. But today there are plans available in the market which helps you get back your premiums on maturity.
Benefits of purchasing Term Life Insurance:
  • To replace lost income and pay living expenses
  • Cater to your family's lifestyle requirements
  • Ensures financial protection against liabilities
  • Tax savings
  • Financial security for Kids in your absence
Additional Covers
Term Life Insurance offers customers to add additional coverages to their base life policies. The benefits can be added at an additional nominal cost. Below are few additional coverages offered:
  • Accidental Death Benefit
  • Critical Illness Benefit
  • Accidental Disability Benefit
  • Waiver of Premium Benefit
Importance of Term Life Insurance:
Simply because life is uncertain, and one can never predict what the future holds!
You hold the key to provide your family with adequate income in case of an unfortunate death.
  • Financial stability by securing the future at various life stage i.e., when you are young & unmarried, newly married, when you become a parent
  • Tax Benefits: Premiums paid are eligible for tax-benefits under Section 80C and Section 80D# of Income Tax Act
  • Boost your term plan by increasing cover amount
  • Various riders (add-ons) available
  • Very low premiums to protect your family when you need it most
  • Tax free death benefit under Section 10 (10D) of Income Tax Act
  • Highly Flexible and tailor-made plans available
  • Very low claim rejection
  • Fixed premiums for entire term plan, you pay much less in total
Help Section/FAQ:

You will receive personalized recommendation from Laxmi - the Artificial Intelligence, who is a friendly advisor and will hand-hold you through the entire process and recommend a solution that is a perfect fit for you.

Elephant.in offers a dedicated Digital Relationship Managers to cater all your issues any time after you buy a policy and for the same reason, you get assigned with a dedicated digital relationship manager for any support. Someone's always there to rescue!

Yes, things do go wrong but at Elephant.in we provide best-in-class claims service through our experienced and dedicated claims experts who will help you manage your claims effortlessly.

At Elephant.in insurance companies have been handpicked basis their service, prices and claims paying capability to create a smooth experience.

Disclaimer: The premium amount of Rs 422 (excluding GST) per month is calculated for Bajaj Allianz Life Smart Protect Goal with UIN: 116N163V01 considering the 21-year-old Male, salaried, nonsmoker, Sum Assured of Rs. 1 Crore, policy term 20 years with an annual income above Rs. 10 lacs and is a graduate, discount of up to 6% online discount included (for 1st year), 1% Autopay Discount Included (lifetime) , 5% New to Life Insurance Customer Discount Included (for 1st year), 5% discount for salaried included (for 1st year). Prices offered by the insurer are as per the IRDAI approved insurance plans. All savings and online discounts are provided by insurers as per IRDAI approved insurance plans which may vary as and when amendments done under any plans by any insurance companies.

No documentation means a customer is not required to submit his/her salary slips and bank statement provided an employee is salaried, graduate and above income being min. INR 5 lakhs, sum assured up to 2 Crore for age bracket being 18yrs to 45 yrs. In case, customer’s details are available at “Central KYC Registry” then “Know Your Customer” (KYC) details are not required.

The above exclusivity is subjected to income estimator calculations done at select insurance company’s end.

Zero Cost - Zero-cost insurance option also known as Premium Back option/ Smart exit value option is offered by multiple insurance companies. This option can be exercised by adhering to the conditions specified by respective insurance companies under their term plans. This option shall be applicable on the base cover premium only and not on premiums paid towards additional optional benefits. The premium back amount received does not include GST. Standard T&C apply. Product information is authentic and solely based on the information received from the Insurer.

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    Published on: 25th Sep 2024
    Buying Health Insurance in Delhi Made Easy: Here’s How

    The bustling metropolis of Delhi also has serious health issues. Due to rising medical care costs and pollution, many view health care coverage as imperative. We will help you in understanding the steps and things to look out for while purchasing health insurance in Delhi through our blog post.

    Are You Buying Health Insurance? Consider These Factors:

    • Sum Insured:

      This shows the maximum amount your insurance company will pay for medical bills over a full year. A bigger insured sum is associated with more comprehensive coverage.

    • Coverage:

      Analyze the insurance details thoroughly. While many plans cover hospital stays, surgeries, and prescription meds, others may also cover dental care, maternity care, and coverage for severe illnesses.

    • Network Hospitals:

      Your insurance company is connected to these medical facilities. Selecting a provider from the network helps streamline the claims process and perhaps save expenses.

    • Waiting Period:

      Some claims, such as those involving pre-existing conditions, can be filed within this time frame.

    • Premium:

      This is the sum you pay the insurance supplier to keep up with the contract’s status. Comparing the premiums offered by various suppliers is essential.

    Also Read:  A Step-By-Step Guide To Navigating Health Insurance Claims

    Choosing the Right Plan

    Health insurance plans come in various forms. Common types include:

    • Individual Health Insurance: Tailored for single individuals.
    • Family Floater Plan: Covers you, your partner, and your dependent children under a single insurance.
    • Senior Citizen Health Insurance: Health insurance specifically created for older individuals.

    Numerous factors, including age, the number of family members, existing medical conditions, and financial status, influence which plan is ideal.

    Things to Look Out for When Purchasing Health Insurance

    • Comprehensive Comparison:

      Evaluate the premiums, hospital network, and claim settlement rates of various insurance companies along with their coverage.

    • Meticulous Policy Review:

      Thoroughly understand the policy terms and conditions before purchase.

    • Reputable Insurer Selection:

      Prioritize insurers with a proven track record of claim settlements.

    • Exploring Add-on Covers:

      Consider supplementary covers like critical illness, personal accident, or maternity for enhanced protection.

    • Regular Policy Assessment:

      As life evolves, so do insurance needs. Periodically review your policy to ensure it aligns with your changing requirements.

    The Claim Process

    Quickly informing your insurance provider is essential if there is a medical emergency. A few guarantors give the choice of hospitalization without cash at clinics inside their organization. In cases without a credit only office, you might need to pay for costs forthright and afterward look for repayment from the insurance agency.

    Also Read: 10 Sneaky Reasons Your Health Insurance Claim May Not Get Approved

    Conclusion

    Despite the fact that purchasing health insurance can be overwhelming, it is necessary for financial readiness. By completely surveying your needs, assessing various choices, and picking a dependable insurance agency, you can establish a strong health insurance foundation for yourself as well as your friends and family.

    Please feel free to call us at 1800 266 9693 or email support@elephant.in with any questions. For excellent choices for vehicle insurance, visit Elephant.in!

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/16

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    Published on: 05th Sep 2024
    How to Protect Your Home Loan with Term Insurance?

    Home is a dream which everyone sees with equivalent enthusiasm. And why not? It is a symbol of stability and testament to hard work that one does. However, no doubt it demands substantial financial commitment that has to be promised in terms of monetary supply. Seemingly, while owning a home is a rewarding experience, it’s equally important to protect this investment for your family. But how? Well, this is where term insurance steps in as a crucial financial safety net.

    Importance of Term Insurance

    The insurance policy, designed to provide financial protection for a limited period of time, is generally called term insurance. Term insurance is not like ordinary life insurance, giving maturity benefits; it rather pays in bulk in case the policyholder unfortunately dies anytime during the policy term.

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

    Why Term Insurance is Important for Homeowners

    A term life cover helps protect the house you’ve built for your family through your hard work and effort, especially if something unfortunate happens and the main earner passes away. With term insurance, your loved ones can use the insurance money to pay off the remaining home loan. This ensures they can continue living in the same house without the burden of a significant debt.

    Knowing your family will be okay money-wise even if you’re not around gives you peace of mind. Many people find this hard to achieve. If something unexpected happens, it helps your family with much-needed money.

    In today’s busy world where inflation keeps hiking up, term insurance is a cheaper insurance plan to buy. This makes it a good choice for people who have financial responsibilities like home loans and want to protect what they own.

    How Much Term Insurance Coverage Do You Need?

    Figuring out the right amount of term insurance coverage is key. Here’s a basic guide:

    • A Backup for Home Loan Repayment

    • Term insurance can also serve as a safeguard in case of any unforeseen circumstances affecting the home loan repayment. It offers an option to settle outstanding debts including home loan, provided the insured sum equals or exceeds the outstanding loan amount.

    • Extra Coverage:

    • Think about adding a safety net to the insured sum to handle other money matters like daily costs, kids’ schooling, or other debts.

    • Check Often:

    • As your loan shrinks and money responsibilities shift, look over your term insurance coverage to make sure it fits your current needs.

    Also Read:Factors to consider while buying Term Life Insurance

    Picking the Best Term Insurance Plan

    Choosing the Best Term Insurance plan requires considering a few factors:

    • Policy

    • The policy should at least be concurrent with the home loan, or a little beyond that to provide additional coverage.

    • Sum Insured

    • Your outstanding house loan and other debt liabilities should be the basis for arriving at the sum insured.

    • Additional Policy Features

    • Few policies will let you add extras, like serious illness cover or benefits in the event of death or disablement due to an accident. Consider whether you need these, based on your needs and your ability to pay for them.

    • Leverage Your Policy for Loans:

    • Term insurance policy can be used as a collateral for a loan, allowing lender to claim the policy benefit in case of default.

    • Cost

    • Prices from different insurance companies should be compared to get value for the money.

    Conclusion

    This might seem like an expenditure additional to the one paid for buying insurance, but actually, it is an investment for your family’s future. The sense of security that one has by being prepared for the contingency offsets the initial cost incurred.

    Want to know your options? Call now at 1800 266 9693 or mail at support@elephant.in. Want to know more about how to protect your vehicle? Log on to Elephant.in to know more about our extensive car insurance plans!

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/15

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    Published on: 30th Aug 2024
    Factors Influencing Health Insurance Premiums: What You Need to Know

    Health care expenses are spiraling day by day. In modern India, a health insurance plan has indeed become more of a need than a luxury. Not to forget that it actually is a financial shield, saving you from the burden of medical bills due to any mishap, for example, hospitalization or falling ill. But as new and established insurance companies alike pitch all manner of health insurance plans, at least one question seems to keep arising: Which is best, and how much is it going to cost me?

    It doesn’t matter; we are there to help you. Various factors have a bearing on health insurance premiums in India, thus providing you with three sources to make an empowered decision while choosing a health insurance plan. You will be able to compare plans with purpose and choose the best health insurance policy that works well for you and your pocket.

    Health Insurance Premiums

    A health insurance premium may simply be put in the same league with the price a person is to pay in regards to a linsurance company on a monthly or annual basis in order to receive coverage. Such coverage assures one of compensation up to a pre-determined limit whenever the individual falls ill or needs admission into a hospital for due reasons. Your premium is likely, in most cases, to dictate just how comprehensive your cover turns out to be.

    Factors Affecting Your Health Insurance Premium

    The health insurance premium depends upon a various factors. Let us discuss some of the most important ones:

    • Age:

      In general, premium rates for health insurance are charged on a lower rate for the younger age group in comparison to older people. This is because, with an increase in age, the risk for hospitalization and the associated medical cost increases.

    • Your Health Status:

      If you enjoy the best premiums; then your pre-existing conditions, if any, may lead you into hefty premiums, as the company estimates probability.

    • Your Lifestyle:

      Such habits as smoking or using tobacco will raise your premiums in a huge way. This is because such activities are dangerous to your health status.

    • Sum Insured:

      This is the maximum amount that an insurance company is inclined to pay toward any treatment expenses. Quite normally, the higher the sum insured, the higher the premium, which in turn should ensure adequate coverage.

    • Your Policy Coverage:

      The premium will be less for a basic policy with restricted coverage as compared to comprehensive policies covering a wide scope of benefits, including pre- and post-hospitalization expenses or critical illness cover.

    • Your Location:

      Geographical location may have an impact on your medical costs; it differs by city or region. So in case you reside in a metro city with higher healthcare costs, your premium may turn out a bit on the higher side.

    • Claim History:

      A history of regular claims often makes insurance companies take it as an indicator to place you at an above-average risk, for which they might go ahead and increase the premium upon renewal.

    Cost vs. Coverage: The Trade-Off

    The more competitive premium may be inviting, but here is a trade-off between cost and cover: one with a low enough premium in a basic plan will not give any significant coverage against serious medical conditions that might demand high-cost treatment.

    Tips for Managing Your Health Insurance Premium

    Here are some extra pointers to keep your health insurance premium in check:

    • Assess your medical requirements and select a plan that provides sufficient coverage without superfluous features
    • Maintaining excellent habits and living a healthy lifestyle will help you save money on premiums over time
    • Never accept the first plan you come upon. To compare costs and coverage choices, get quotations from many insurance providers
    • A family floater plan might be an affordable choice if you have a family because it covers several individuals under a same policy
    • If you didn’t file any claims the year before, many insurance companies may give you a No Claim Bonus on your Health Insurance renewal premiums

     

    Conclusion

    Once you understand what creates variations in your health insurance premiums, you will be better equipped to make informed decisions while choosing a plan. Keep in mind that the best health insurance plan is not about the affordability but the proper balance between cost and comprehensive coverage based on the needs of the buyer. There are so many ways to be smart about your health; one of these is to choose a health insurance plan that’s got your back—and your family’s—in case any medically unexpected situation arises.

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/14

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    Published on: 23rd Aug 2024
    How to Save Your Car during Monsoon with Add-On Insurance Cover

    Monsoons on Indian roads can be particularly harsh on cars, with flooded streets, potholes concealed beneath water, and impaired vision posing significant risks of damage. While regular car insurance covers basic damages, the monsoon often necessitates more comprehensive coverage. This is where additional insurance coverage becomes crucial. Add-ons expand the coverage given by the regular insurance policy to offer additional protection from specified risks. In this article, we shall outline some of the different types of add-on covers that help you protect your vehicle during the rainy season.

    Understanding Add-On Insurance Covers

    An add-on is an additional cover that you buy over and above your basic car insurance policy for extra protection in multiple scenarios. Here are some must have car insurance add-ons that can prove to be extremely helpful during the monsoons:

    • Engine Protection Cover
    • Zero Depreciation Cover
    • Roadside Assistance Cover
    • Return to Invoice Cover
    • Consumables Cover
    • Hydrostatic Lock Cover
    • Engine Protection Cover

    Your car’s engine is its heart, and it’s particularly vulnerable to waterlogging. An engine protection add-on would help to reduce the costs of repair or replacement in case your vehicle’s engine gets damaged due to water. Such an add-on coverage feature is critical, given that the standard insurance policies do not provide coverage if the engine gets damaged due to water seepage.

    Benefits of Engine Protection Cover:

    • Covers the cost of repair or replacement on any damage arising from water collection to the engine.
    • Provides you with peace of mind in times of heavy rains and floods.
    • Prevents expensive engine repairs.
    • Zero Depreciation Cover

    It also goes by the name of bumper-to-bumper car insurance coverage. This particular coverage will ensure you get the full claim value sans any depreciation deduction. During monsoons, you can always expect to experience slipperiness of the roads, minor accidents and damages, and this is where this cover will come in the most handy. With this, you will not need to pay for a part replacement out of your pocket as the insurer will take care of it.

    Benefits of Zero Depreciation Cover:

    • The total claim amount without deduction of depreciation.
    • Ideal for new vehicles and luxury models.
    • Covers the cost of replacing damaged items without taking into account their devaluation.

    Also Read: All You Need To Know About Bumper To Bumper Car Insurance

    • Roadside Assistance Cover

    Breakdowns can be nerve-wracking, especially in the rain. But with your roadside assistance cover, help is just a call away! From towing to minor repairs, you can get back on the road in absolutely no time. Roadside assistance coverage is a saviour, it gives you peace of mind, offering towing, emergency repairs, and battery jump-starting. It can also provide lodging for you if you are a long way from home.

    Advantages of Roadside Assistance Cover:

    • Immediate help is available if your car breaks down.
    • Towing services to the nearest garage.
    • Peace of mind in emergencies.
    • Return to Invoice Cover

    If your car is beyond repair or is stolen, a standard insurance policy will only pay out the present market value, which may be considerably less than what you paid for it. A return-to-invoice cover bridges this gap by paying the original invoice value of the car along with road tax and registration fees.

    Benefits of Return to Invoice Cover:

    • Full compensation for the car’s invoice value.
    • Covers the gap between market and invoice values.
    • Best used for new vehicles, providing more financial protection.
    • Consumables Cover

    In the course of repairing, minor parts like nuts, bolts, engine oil, brake oil, and such are replaced. The cost of such expenses can really add up, and typical insurance doesn’t include them in coverage. A consumables policy takes care of those costs so you don’t have to reach into your pocket.

    Benefits of Consumables Cover:

    • Pays the cost of consumables replaced at the time of repair.
    • Reduces out-of-pocket expenses.
    • Offers complete protection at the time of repair.

    How to Choose the Right Car Insurance Add-Ons

    The right selection of add-ons depends on multiple factors, such as the age of your car, the way you drive it, and the monsoon conditions that prevail in your area.

    Here are some tips to help you choose the right Car Insurance add-ons:

    1.Assess Your Needs:

    Think of the specific threats you will be facing through the monsoon. If you stay in a flood-prone area, the must-have features include engine protection and roadside assistance cover

    2. Assess the Age of Your Car:

    New cars benefit more from zero-depreciation and return-to-invoice coverage.

    3. Keep in Mind Your Budget:

    While add-ons provide you with extra coverage, they are capable of escalating your costs as well. So choose the best value for your needs.

    4. The Devil Is in the Details:

    Be aware of the terms and conditions of every add-on to get an idea about the coverage.

    Conclusion

    Though an incredible season, monsoons can, at times, prove to be a little harsh on your car. But the right insurance protection can save your day and your car, too! Take time to study and learn about different types of add-on covers that can prove to be very beneficial in the long run. Engine protection, zero depreciation, roadside assistance, return to invoice, consumables,  are some of them that can help protect your car.

    Call 1800 266 9693 or email us at support@elephant.in if you have any questions. Visit Elephant.in for the best car insurance plans!

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/13

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    Published on: 23rd Aug 2024
    Understanding Different Types of Car Insurance Coverage

    As a car owner, you must ensure your vehicle is well-maintained, and you follow traffic rules and drive carefully. Sometimes, even if you take all necessary measures, accidents tend to occur due to mechanical problems, damaged tyres or natural calamities like floods and earthquakes and poor road conditions to name few. Car insurance is important to cover damage costs during such incidents.

    We will look at some of the numerous car insurance plans available today to help you make the best financial decision.

    Importance of Car Insurance

    The roads in India range from quiet country roads to busy urban ones and well-kept highways. Accidents can happen whenever and in any area. Car insurance fills in as a financial security, safeguarding you from the obligation of paying for harm, medical services costs or lawful commitments coming about because of accidents.

    Car insurance can help you in the following ways:

    • Financial stability:

      For example, if an accident in your car takes place, this coverage will be activated, and it will cater for the maintenance and replacement expenses incurred.

    • Third-party liability coverage:

      In situations where personal injuries to third parties are sustained or their properties are damaged, this policy stands in for the financial liabilities arising out of any mishap occurred due to third party liability.

     Also Read: Useful Tips to Consider When Buying Insurance for Your New Car

    Types of Car Insurance Coverages and Add-on

    Insurance coverage relates to the different monetary assurances that are presented for your car. Notwithstanding standard inclusion, you have the choice to choose different extra elements to help the degree of security given by the approaches. First, we’ll discuss the five types of car insurance coverage available in India:

    • Third-Party Liability Only Cover:

    With this vehicle insurance contract, you will get the following benefits:

    • Costs for fixing or replacing the 3rd party’s vehicle that was harmed.
    • Costs brought about for hospitalisation and clinical consideration for the 3rd party involved.
    • Legal liabilities brought arising out of bodily injury or death of third part, including passengers and pedestrians due to an accident caused by the insured vehicle. Having third-party liability insurance is the minimum legal requirement under the Motor Vehicles Act of 1988. All vehicle owners need to have it in order to avoid any legal obligations.
    • Collision Damage or Own Damage (OD) Cover:

    The insurance company compensates for the repair or restoration of the damaged car. These rates commonly depend on the RTO)

    Also Read: How to Select Car Insurance Tailored to Your Needs!

    • Personal Accident Cover:

    If in an accident, the driver is injured (or the owner of the car), this add-on cover comes into play. It covers the cost of hospitalisation and several other medical expenses.

    • Zero Depreciation Insurance:

    In India, this kind of coverage is frequently offered as an additional option with car insurance plans. Imagine that you need new parts for your wrecked car. When processing claims, the insurance company will consider the components’ decreased value. You will receive the full claim amount if you have zero depreciation coverage, as there is no expenditure depreciation included.

    • Comprehensive Car Insurance Coverage:

    The Comprehensive Car Insurance gives the most extensive assurance by covering your vehicle against any man-made activities such as robbery/theft/vandalism and natural calamities such as floods, earthquakes. It can also be upgraded with the help of add-on policies which provide additional benefits along with the fundamental protection that the plan provides.

    Conclusion

    Now that you are aware of the many kinds of car insurance that are out there, evaluate your demands and carefully consider your budget. Compare the various types of coverages and their premium costs choose the one that is perfectly apt for your needs and traverse the roads with confidence!

    Contact our experts by calling 1800 266 9693 or emailing support@elephant.in if you have any questions. Visit Elephant.in for the best car insurance plans!

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/12

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    Published on: 08th Aug 2024
    What is the Grace Period in Health Insurance Plans?

    Certain terms and conditions in health insurance may make it more complicated to understand the process. The grace period is one such term that you will come across. In essence, it is very important to understand what the grace period really means for your health insurance plan, as this could impact your coverage and financial stability.

    What is the Grace Period?

    The grace period in health insurance stands for an extension time allowed to policyholders after the due date to pay their premiums. During this time, the insurance coverage is still active, and one cannot be penalized for being unable to pay at the deadline. Consider this a safety net that keeps your health insurance from becoming terminated with prejudice over an innocent mistake of lateness.

    What is the Grace Period Duration?

    The grace period accorded on the insurance policy differs with each insurance company and the type of policy taken. The grace periods normally vary between 30 to 90 days (about 3 months). To find out how long the grace period for your policy is one needs to read through the policies in possession or contact the company that underwrites the policy.

    Also Read: What is Restoration Benefit in Health Insurance?

    Why is the Grace Period Important?

    The grace period is meant to cushion the policyholder. Life is normally full of ups and downs, and at times, one may be in a difficult financial situation or forgetful, hence making him or her miss the payment. It goes without saying that a grace period means you’ll still enjoy health coverage during those days, and there are no existing gaps putting you at great risk in the event of a medical emergency.

    What Happens in the Grace Period?

    You have the grace period frame for medical insurance inclusion; subsequently, you can go on with your clinical care, and your claims will keep getting processed as usual. Here one must make a note that for whatever reason if you falter in paying your premium by the end of the grace period, it is most definite that your insurance policy will be rendered null and void.

    Impact on Claims and Coverage

    Though your policy may be valid during the grace period, in some instances, insurers may delay processing your claims until and unless the past dues are paid. Simply put, you can avail of medical services, but the payment to the health provider can be stalled till the payment of the premium.

    Also Read: Things to consider while buying health insurance plans

    What if You Miss the Grace Period?

    Not paying within the grace period could be a big deal. It probably means that your health insurance policy will be terminated, and you hence will have no more coverage. This, of course, can be very tricky if you have ongoing medical needs or should any unexpected health issue arise. Furthermore, should your policy be terminated, in most cases you will be left waiting for the next enrollment period to sign up for a new one, meaning that you will be without coverage for an extended period.

    Reinstatement of Coverage

    Some insurers give policyholders the opportunity to reinstate a policy if coverage has been cancelled for non-payment. In most cases, this would mean paying not only the back premium due but quite often a reinstatement fee. Reinstatement is not automatic and may not be guaranteed, and the terms can vary from one insurance company to another. It is best not to rely on this option and instead ensure that premiums are paid on time.

    How to Avoid Missing a Payment

    1. Set Up Automatic Payments:

    Most insurance companies provide a provision for making automatic payments directly through your account, paying a set amount each month or on the due date of your premium.

    1. Use Payment Reminders:

    If you are one who does not like automated payments, set your phone or calendar to remind you a few days before payment.

    1. Premium Budget:

    Create a budget each month that includes your insurance premium. That way the actual premiums won’t shock you because they won’t be a surprise when they are due for payment.

    1. Talk to Your Insurer:

    If you find that you’re not going to be able to make a payment, go ahead and call your insurer. They might have payment plans or another resolution to keep you covered.

    Also Read: Premium Reduction Tactics for Your Health Insurance Plan

    Special Considerations

    Please be aware that grace periods differ depending on the different classes of health insurance plans. For example, the ones sold through the Health Insurance Marketplace come with a 90-day grace period if one is granted advance payment of the premium tax credit; but again, this does not mean that one needs to apply for any other type of plan.

    Other state laws may have some impacts on grace periods. Some states by law specify the shortest duration that a health insurance cover can provide, thereby enhancing more protection for policyholders.

    Conclusion

    The grace period refers to a time frame within which health insurance plans pardon policyholders if they pay their premiums late. You must exactly know how it works and be proactive in paying your premiums to avoid any further distractions. This way you can assure yourself of continuous health coverage, leaving worries of lapsed policies behind. Always review your specific policy details and talk to your insurance company for further information and protection.

    Call 1800 266 9693 or email us at support@elephant.in if you have any questions. Visit Elephant.in for the best car insurance plans!

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/11

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    Published on: 18th Jul 2024
    How to Secure Best Health Insurance Plan in Mumbai: A Detailed Guide

    In a bustling city like Mumbai, where a significant population leads busy lives, a health issue could emerge unexpectedly. Due to the increased cost of healthcare in the metropolis, an individual will have to pay a large amount of money to treat these health concerns. You must get health insurance if you want to ensure that this health risk does not deplete all of your funds and if you want to keep your financial security.

    This blog post’s goal is to educate you about health insurance and provide some advice and considerations for when you get health insurance in Mumbai.

    Understanding the Coverage Options

    Having health insurance helps shield you from the financial strain of unexpected medical costs should you need to be admitted to the hospital to treat your illness. You will encounter two primary categories of health insurance plans:

    • Indemnity Plans:

    Up to the maximum insured sum, the insurer consents to pay the insured person’s medical bills. The payment will be handled as soon as the insurance receives the invoices for the medical costs.

    • Benefit-Based Plans:

    These schemes provide a predetermined payout when a claim is made, typically given all at once. These plans become effective and provide a set benefit based on the room and amenities chosen during hospitalisation.

    Also Read: Understanding Coverage Options & Benefits of Family Health Insurance

    Why You Should Get Health Insurance

    Acquiring health insurance has various benefits. They are as follows:

    • Financial Protection:

    Clinical expenditures associated with specific therapies or hospital stays in Mumbai may be high. By paying for these costly clinical expenses, health care coverage takes the monetary weight off the safeguarded party’s shoulders.

    • Stress-free Recovery:

    Having health insurance will take care of any financial issues that come up in a medical crisis, allowing you to concentrate on getting better instead of thinking about costs.

    • Access to Quality Care:

    Health insurance simplifies the process of receiving top-notch medical care, including hospital visits, treatments, prescriptions, etc., as the insurance provider covers the costs.

    • Tax Reductions:

    You also receive specific tax benefits for health insurance for yourself. According to section 80D of the Income Tax Act, the government of India allows tax deductions for health insurance premiums paid for both yourself and your dependents.

    Selecting a Health Insurance Plan in Mumbai: Key Considerations

    Take into account the following factors before buying and obtaining health insurance in Mumbai:

    • Age and Overall Health:

    While choosing health care coverage, it is fundamental to consider an individual’s age and health conditions. A young, healthy individual only needs basic health insurance coverage. It is recommended to acquire a comprehensive plan if an individual has a family background of illnesses or has concerns about potential future risks.

    • Insured Sum:

    The insured amount is the money that the insurer will compensate for during a health emergency. Keep in mind the various hospitalisation costs in Mumbai and any existing health conditions when selecting the proper amount of insurance.

    • Coverage Options:

    Numerous coverage choices are available with health insurance policies. Select a health insurance policy that takes into account your unique requirements as well as potential health risks.

    • Network Hospitals:

    Pick a health policy that offers a broad network of medical clinics in Mumbai, consisting of both private and public choices. This ensures that you can use credit-only hospitalisation benefits by getting quality medical services suppliers in the network.

    Also Read: Premium Reduction Tactics for Your Health Insurance Plan

    • Claim Settlement Ratio (CSR):

    Examine the Claim Settlement Ratio (CSR) of different insurance firms. A high CSR demonstrates that the insurer settles guarantees quickly and efficiently.

    • Premium Cost:

    Costs for health insurance vary according to the factors mentioned before. Even though cost is important, it is essential to priorities adequate coverage over a lower premium for long-term financial stability.

    Conclusion

    Health insurance is very important, especially in a city like Mumbai where the population is rising, posing a major risk of accidents happening and where life is so fast-paced. Keep in mind that getting comprehensive health insurance is one way to give your overall health priority.

    Please feel free to contact our experts at support@elephant.in or by contacting our hotline at 1800 266 9693 if you have any further queries! Elephant.in is the best place to get health insurance rates!

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/10

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    Published on: 04th Jul 2024
    What is Restoration Benefit in Health Insurance?

    As healthcare expenses continue to increase in India, individuals must have sufficient healthcare coverage to ensure that they are financially protected at times of a medical crisis. Normally, basic health insurance covers hospital stays but may not fully cover expensive treatments for severe medical illnesses. This is the moment when restoration benefits come in handy – they can significantly boost your coverage and provide crucial financial protection in case of a major medical emergency.

    This article explores the specifics of the advantages of restoration in Indian health insurance schemes, assisting you in making informed decisions while choosing your best health insurance plan.

    The Challenge of Exhausted Sum Insured

    In certain situations, you can face exhaustion of the sum insured. The situations are as follows:

    Severe Health Problems:

    Certain extreme health conditions demand extended stays at the hospital which in turn is costly (diseases like cancer, heart problems, etc.). The original sum assured might not cover all the costs associated with the therapy.

    Rising Medical Costs:

    The issue of medical inflation is always a worry. Nowadays, the prices of health procedures and visits to the hospital are getting costlier. The sum insured under the insurance coverage you have opted for may not be enough to cover the pricey cost of treatments that you might need in the future.

    Multiple Hospitalisations:

    If you are in a situation where you have multiple health problems at once or are frequently paying a visit to the hospital, the actual sum insured amount will be inadequate and can drain quickly.

     

    What is Restoration Benefit in Health Insurance?

    The restoration benefit provides a fresh sum insured in specific circumstances, overcoming the drawbacks of conventional health insurance plans. Here is an explanation of its functioning:

    An Add-on Feature:

    Typically, restoration benefit is provided as an additional rider that can be bought in conjunction with your primary health insurance coverage. It is not a common inclusion in every policy.

    Renewal of Sum Insured:

    When you use up the original coverage amount because of a hospital stay, the restoration benefit serves as a safety cushion. It basically refreshes your coverage amount, providing you with extra financial protection for additional treatment in the current policy period.

     

    Types of Health Insurance Restoration Benefits

    Health insurance companies in India provide two primary categories of restoration benefits:

    Partial Restoration:

    This form of restoration coverage provides a partial refill of the original coverage amount, usually between 25% and 50%. For instance, if you use up the entire ₹10 lakh initial sum insured, a 50% restoration benefit will give you an extra ₹5 lakh for more medical expenses in the same policy year.

    Full Restoration:

    As implied by its name, a complete restoration benefit replenishes your total sum insured when it is depleted from hospitalisation. This offers a major financial cushion, particularly for severe illnesses needing extensive care.

     

    Advantages of Restoration Benefits in Health Insurance

    Now that you have knowledge of the concept and various types of restoration benefits, let’s delve into the primary benefits that this additional feature provides:

    Enhanced Financial Protection:

    The main advantage of restoration benefit is the extra financial protection it offers. If you run out of your original insurance coverage because of unexpected medical costs, the restoration benefit serves as a safety net, guaranteeing you have enough money for ongoing care in the current policy period.

    Eliminates financial stress:

    Having up-to-date protection against serious diseases or successive emergency hospital runs can extraordinarily reduce the mental pressure caused due to stress while confronting such challenges.

    Flexibility in Treatment Options:

    Lacking coverage for restoration, utilising all of your initial sum insured could restrict your choices for treatment. The increased amount of insurance coverage guarantees that you can receive optimal medical treatment without worrying about money, even if the expenses surpass the original limit.

    Protection Against Rising Medical Costs:

    Medical cost escalation is an undeniable fact. The restoration benefit aids in lessening the effects of increasing healthcare expenses. Although the current sum insured may appear sufficient, opting for a higher sum insured in the future can assist in covering rising treatment costs.

    Security for Family Floater Plans:

    Restoration benefits are especially valuable for family health insurance plans, such as family floater plans, as they provide coverage for several members through a single policy. If a family member depletes the coverage amount because of a serious illness, the restoration benefit guarantees ongoing financial protection for the rest of the family.

     

    Conclusion

    In the current healthcare environment, with the continual increase of medical expenses and the rising worry of serious illnesses, having restoration benefits in your health insurance policy can be a beneficial inclusion. It gives a financial safety buffer, providing more coverage if you use up the original insured amount because of hospitalisation. You can decide whether to add restoration benefits to your health insurance policy by knowing both its advantages and restrictions. Keep in mind that placing importance on thorough health insurance that considers future needs safeguards you and your family’s financial well-being during unforeseen medical crises.

    Please feel free to reach out to our specialists for any further questions either by emailing us at support@elephant.in or giving us a call at our hotline, 1800 266 9693! For the most competitive health insurance rates, check out Elephant.in!

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/09

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    Published on: 26th Jun 2024
    Things to consider while buying health insurance plans

    When we say India is on a growth trajectory, it also includes the growing cost of health. The days of manageable medical bills are left in the past- with premium healthcare facilities raising the prices. Even a minor hospitalisation procedure can cause a substantial expense, leaving families financially vulnerable. Hence, healthcare insurance has shifted from the position of being a luxury into a necessity for all. Yet, with the sheer number of health insurance available, it is common to get lost in the complexities. We are here to demystify the technicalities and help you select the insurance that fits your requirements best.

    Understanding Your Needs

    Before embarking on your plan selection journey, understand the importance of health insurance:

    • Health insurance acts as a buffer, saving you from reaching debt in a medical emergency.
    • The shift from worrying about treatment finances to getting the right treatment keeps you at peace.
    • Cashless hospitalisation that does not require cash is becoming increasingly common, eliminating the need to pay medical bills upfront.
    • A wide range of medical expenses, such as hospitalisation, surgery, doctor visits, diagnostic tests, and medications, are covered by health insurance plans.
    • When someone is diagnosed with a serious illness, health insurance helps them manage the costs of treatment and other expenses.
    • Family floater plans allow you to cover your entire family under a single plan, protecting them against medical emergencies.
    • Through lifetime renewability, many health insurance policies guarantee long-term coverage as you keep ageing.

    Now that we have decoded the importance, let’s proceed to the need. It is imperative to understand your unique healthcare needs. Consider these:

    • Age plays a role in premium costs and pre-existing conditions may have waiting periods before coverage applies.
    • Take into consideration whether you need the health insurance plan just for yourself or for the entire family under a family floater plan.
    • Consider your activity level. Does your plan need to take into consideration potential health risks associated with your lifestyle, such as adventure sports or a physically demanding job?
    • Do you have a preferred hospital network, or are you flexible in your choices? Knowing this will help you choose a plan with a wide network in your preferred location.


    Also Read:
    10 Easy Steps To Find The Best Health Insurance Policy In India

    Identifying Right Health Insurance Options

    In the current day, you have different options with regards to picking your medical services plans. There are numerous health insurance plans available to meet your specific requirements:

    • Individual Medical Insurance Policies:

    These plans only cover medical expenses for the insured individual for whom the insurance policy is acquired.

    • Floater Family Policies:

    These plans cover your spouse, dependent parents and children under one sum insured amount and are hence cost-effective.

    • Health Insurance for Senior Citizens:

    Senior citizen health insurance schemes aim at the specific healthcare requirements of old people and may sometimes cover pre-existing conditions after the waiting period is over.

    • Critical Illness Policy:

    This policy provides a lump sum that can be used for treatment costs in the event of a diagnosis of an illness like cancer or heart disease.

    • Top-up Policies:

    These policies are intended to be added to an existing health insurance policy to expand coverage beyond the initial sum assured.

    Choosing a Health Insurance Plan: Things to Consider

    Since by now you have a background on the various options of plans, let us dive into the essential aspects that will shape your judgment:

    • Sum Insured:

    This assesses the amount of money the insurance company will pay for medical expenses. Assess your possible health needs carefully and select an insured sum that offers adequate coverage. Keep in mind that higher sums insured result in higher premiums.

    • Network Hospitals:

    Go for a plan with reputable hospitals, especially within your town or where you stay mostly. With this arrangement, you are guaranteed admittance to quality healthcare facilities, as well as cashless hospitalisation where the insurer directly deals with the hospitals within the network, saving you from making upfront payments at confirmation time.

    • Waiting Periods:

    Health insurance policies usually have specific illnesses or pre-existing conditions that may have a waiting period before they can be covered. For previous illnesses, it is better to choose plans that have shorter waiting periods.

    • Claim Settlement Ratio (CSR):

    This displays the percentage of claims settled. A higher CSR (preferably above 80%) means higher chances of claim approvals. Choose an insurer whose claim settlement process is transparent and efficient.

    • Policy Renewals:

    Make sure the policy has lifetime renewability, offering coverage renewability and guaranteeing coverage even as you age, provided premiums are paid on time.

    • Co-made Non-refundable Benefits:

    Some plans include copays (the policyholder pays a fraction of the claim) or deductibles (a fixed amount subtracted from the total claim before the insurance covers it). Ensure you are conversant with these clauses to avoid any surprises when finally settling claims.

    Also Read: Understanding Tax Benefits: How Health Insurance Impacts Your Taxes

    Additional Tips for Choosing a Health Insurance Plan in 2024

    Here are a couple of things that you could keep in mind to aid you further-

    • Harness the Power of Technology: The plans provided by the various insurance providers can be compared online using the insurance aggregators to establish the most appropriate insurance plan to go for.
    • Read the Fine Print: Before going for a final call, make sure to scan through the policy document mentioning its inclusion, exclusion, and the mode of its claim.
    • Seek Professional Guidance: Unless otherwise, speaking with a registered insurance agent or a financial advisor may help in making appropriate decisions.

    Conclusion

    It is for this reason that choosing the correct type and plan of health insurance is one of the best decisions that one can secure in the event of unforeseen circumstances. Therefore, to choose the right plan from the given options, find out your needs, know how the plans are different, and be aware of the factors mentioned above to make an informed choice.

    Kindly contact our specialists with additional inquiries by sending us a message at support@elephant.in or calling us at our number, 1800 266 9693! To find the best medical coverage rates, visit Elephant.in!

    *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Tax benefits are subject to changes in tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.| EL/BLOGS/24-25/08

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    MDS - Periodontology and Implantology - Owner of "House of Smile"
  • For Customers
    Elephant.in delivered what they promised, a flat 80% discount on Car Insurance with amazing customer service. What more could a customer want !
    Jayesh Varu
    Founder-Plain Canvas
  • For Customers
    I recently purchased Term Life insurance from elephant.in and the process was seamless. The Relationship Manager also made recommendations keeping tax planning in mind, which was extremely beneficial.
    Salomi Pujara
    Creative Designer and Founder- All Smile Media Solutions
  • For Customers
    Limited Pay was a very helpful option while purchasing Term Life insurance and I am thankful to team Elephant.in for recommending it.
    Ameya Bhusari
    Lead Engineer-KTM
  • For Customers
    I topped up my existing health cover with Supertop-up from Elephant.in and I have been quite happy with the coverages, price point and support shared by their team
    M . Virupakshaiah
    Regional Sales Manager -RPSG - Apricot Foods Pvt Ltd
  • For Customers
    The health policy I purchased for my parents from Elephant.in was cheaper as compared to the market and out of the many features they provided the best one was 'no medical test' before issuing the policy.
    Namrata Gonbare
    MH Jain & Company Associates -Accountant
  • For Customers
    I came across the concept of a Super Top Up policy during the webinar conducted by Elephant.in. The features they shared and price point at which I purchased the product was excellent
    Ankit Kumar
    Manager- Fyntune
  • For Customers
    I purchased Term Life insurance from elephant.in and their AI based recommendations followed by a very supportive customer service team made the whole process seamless
    Pushkar Yadav
    Director-Corner Pixel Studios
  • For Customers
    Dear Team Elephant, I have received my refund really appreciate your kind support and cooperation over the hassle-free purchases. I would definitely recommend elephant to others as well.
    Vishal Bajpai
    Project Manager-Andritz Hydro
  • For Customers
    I fully recommend Elephant.in. I received a huge discount on my car insurance policy and the process was quick and easy
    Venkatesh Srinivasan
    Lead Technical Support Engineer -Informatica
  • For Customers
    Really good customer service, correct follow-ups, and smooth onboarding. Excellent price point! Amazing discount & great service. Elephant.in surely delivers what they promise
    Merita Wilson H
    Performance Engineer - Informatica
  • For Customers
    I purchased Term life insurance based on tailor-made quotes I received from Laxmi on Elephant.in, it helped me save my time, energy, and money.
    Vibhor Gupta
    Senior Business Development-Andritz Hydro
  • For Customers
    Dear Team Elephant, really appreciate your kind support and cooperation over the hassle-free purchases. I would definitely recommend elephant to others as well
    Vishal Bajpai
    Project Manager-Andritz Hydro
  • For Customers
    It was indeed a good experience with Elephant.in. I would like to thank the customer support team who were prompt in supporting my insurance purchase since the beginning and helped me till the policy issuance.
    Harimohan Rajamohanan
    Architect – Open Source Centre of Excellence, Open Source Program Office (OSPO)- Wipro
  • For Customers
    I was pleased with how the process unfolded. It was extremely simple to purchase Term Life insurance from the website and the overall experience was positive.
    Pradeep Radhakrishnan
    Technical Architect - Hexaware
  • For Customers
    Overall, my experience with Team Elephant.in was positive, the price and features offered were very good and resolved all my health insurance-related queries. I couldn't be happier with the overall outcome
    Pratima Agarwal
    Consultant- Andritz Hydro
  • For Customers
    Great support and service from Team Elephant. Always available and absolutely love how smoothly the whole process went by. Thanks for all your support and help!
    Aishwarya Nair
    Graphic Designer
  • For HR
    As part of our employee benefits initiative, we recently implemented Elephant.in for our corporate employees, and we are very satisfied with the service. With enticing discounts, employees were able to choose from a pool of well-curated insurance products. You're doing a great job, Elephant.in
    Anant Nagvekar
    Compliance Officer - Brunel India Pvt Ltd
  • For HR
    Elephant.in was recently onboarded into our organisation and the integration process went very smoothly. Our employees were given exclusive deals on well-curated insurance products to choose from. Congratulations, Elephant.in!
    Shubha Shetty
    HR Manager -Marathon Realty
  • For HR
    My car insurance policy was purchased from Elephant.in, and I am really pleased with my overall experience. Their AI-based recommendation, as well as multiple options from other insurance companies, were presented to me, resulting in a fantastic range of options to choose from, all at exceptional discounts when I used my work email ID. Cheers to Team Elephant.in!
    Aashish Majumdar
    Finance Head - INOX Air Products Pvt. Ltd.
  • For HR
    Thanks for all your support. Really appreciate your efforts in coordinating with the insurance company to process the Corona Rakshak Policy.
    Rachel Dennis
    HR - Indian Electrical & Electronics Manufacturer's Association -
  • For HR
    Elephant.in provides great deals on personal insurance for our employees, and is an innovative addition to our suite of employee benefits options.
    Mohan Monteiro
    CHRO -House of Hiranandani
  • For HR
    Alliance Insurance has been our insurance brokers and risk advisors for the last many years. Their insurtech platform Elephant.in which advises employees on their purchase of personal insurance policies voluntarily, has been integrated into our system seamlessly, giving employees the muscle of the corporate for their personal insurance requirements. Moreover, being completely cost-free to us as a corporate with no commitment partnerships, in terms of business or participation from the employees, Elephant.in is truly a great addition to our Employee Value Proposition and the overall bouquet of employee benefit initiatives at INOX Group
    Siddharth Jain
    INOX Air Products Pvt Ltd - Director
  • For HR
    I recently renewed my motor private car insurance policy with Elephant.in and I must say, I am very much impressed with their prompt and qualitative service. The whole journey has been very smooth and hassle-free plus I got a good deal on my renewal policy with many add-on benefits. Thank you, Team Elephant.in, keep up the good work!
    Sanjay Gopalan
    Vice President - Fairmacs Shipping and Transport Services Pvt Ltd
  • For HR
    As part of our employee benefits activities, we launched Elephant.in as a voluntary insurance programme, and we are pleased with the product and service offerings, which are exclusive to our employees. The insurance benefits from Elephant.in were also simple to incorporate into our ecosystem, making the onboarding process hassle-free, and ensuring our employees get the best insurance product, at discounted prices using their work email ID. Our employees can now easily purchase their personal insurance policies at a click of a button, all thanks to Elephant.in. Looking forward to a long-term partnership with Elephant.in for the benefit of our employees.
    Arun Bhatia
    Chief Human Resource & Corporate Affairs Officer -INOX Leisure Ltd
  • For HR
    Impeccable performance and exceptional service by Team Elephant.in. The entire process of onboarding has been smooth and quick. Well curated insurance solutions for every need, best prices, 24*7 assistance, and expert advisory is all that was provided to us right from day one. Good job guys, Keep it up!
    Subhash Mali
    Vice President, HR- H.K. Design
  • For HR
    Team Elephant.in delivered an outstanding performance and provided amazing service. The entire onboarding process went smoothly and quickly. From the beginning, we were given well-curated insurance choices for every requirement, the best costs, round-the-clock help, and expert advice. Keep up the good work, folks!
    Saumya Badgayan
    Vice President - Corporate Strategy HR & IR - Gold Star Jewellery Pvt. Ltd.
  • For HR
    We onboarded Team Elephant.in for our corporate insurance benefits program and the entire journey was very smooth and easy. Right from day one, their dedicated team ensured all our insurance needs were fulfilled by providing us with handpicked insurers, 24*7 assistance, mega offers, and discounts on all their insurance products, AI-based recommendation system, and much more. We are happy with their service and recommend them to all!
    Pramod Khedekar
    Hs Jogani And Sons Private Limited -Accounts Manager
  • For HR
    We recently onboarded Elephant.in for our corporate employees and are highly amazed by their best-in-class benefits deployed and managed without any issue, well-curated insurance solutions that match all our needs, dedicated customer support team that is available 24*7, best prices from handpicked insurers, mega discounts on products, and much more. Kudos Team Elephant.in!
    Burhan Ujjainwala
    Sr. Accountant -Nadrix Solutions Private Limited
  • For HR
    Elephant.in has ensured the best prices on insurance products along with very supportive customer service for our team. It has worked as a helpful tool to enhance employee benefits at zero cost or bandwidth to the company.
    Chandan Kumar
    Regional Insurance Specialist- Andritz Group
  • For HR