Personal Accident insurance

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Personal Accident insurance or PA insurance is an annual policy which provides compensation in the event of injuries, disability or death caused solely by violent, accidental, external and visible events. It is different from life insurance and medical & health insurance.

You can either take a PA policy for yourself or a group policy for your family, protecting you and them anywhere in the world, anytime of the day. PA insurance provides 24-hour worldwide insurance protection.

The scope of cover and scale of benefits differ between insurance companies and you should therefore ensure that you purchase a policy which meets your requirements. The types of coverage normally provided under a PA policy include:

	Accidental death     Permanent disablement     Temporary total or partial disablement     Medical expenses	Corrective surgery     Hospitalisation benefits     Funeral expenses

We provide Personal Accident insurance via best Personal Accident insurance companies in India authorized by IRDA

Public Sector

1. New India Insurance
2. National Insurance Company
3. The Oriental Insurance Company
4. United India Insurance Company
5. Agriculture Insurance Company of India

Private Sector

1. Apollo Munich Health Insurance Company Limited
2. Bajaj Allianz General Insurance
3. Bharti AXA General Insurance Company Limited
4. Cholamandalam MS General Insurance Co. Ltd.
5. Cigna TTK Health Insurance Company Ltd.
6. Future Generali India Insurance Company Limited
7. HDFC ERGO General Insurance Company Ltd.
8. ICICI Lombard
9. IFFCO Tokio
10. L&T General Insurance Company Limited
11. Liberty Videocon General Insurance Co Ltd
12. Magma HDI General Insurance Company Limited
13. Max Bupa Health Insurance Company Ltd
14. Reliance General Insurance
15. Royal Sundaram Alliance Insurance Co. Ltd
16. SBI General Insurance Company Limited
17. Shriram General Insurance Company Limited,
18. Star Health and Allied Insurance Company Limited
19. Tata AIG General
20. Universal Sompo General Insurance Co. Ltd.

 

Personal Accident insurance Sanjay Dewan

Fire Insurance

Need Fire Insurance Talk to an Expert 989109671

Fire Insurance – ‪Buy fire insurance policy‬ - Sanjay Dewan @ 09891096971

 ‪Fire insurance‬ is a specialized form of insurance beyond property insurance, and is designed to cover the cost of replacement, reconstruction or repair beyond what is covered by the property insurance policy. Policies cover damage to the building itself, and may also cover damage to nearby structures, personal property and expenses associated with not being able to live in or use the property if it is damaged.

We provide Fire insurance via best Fire insurance companies in India authorized by IRDA

1. New India Insurance.
2. SBI General Insurance.
3. United India Insurance Company .

Fire Insurance Sanjay Dewan

Motor Insurance

Motor Insurance Talk to an Expert 989109671

Best Saving on car insurance policies from leading car insurance companies, Talk to an Expert 9891096971

Vehicle insurance (also known as car insurance or motor insurance) is insurance purchased for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise there from. The specific terms of vehicle insurance vary with legal regulations in each region. To a lesser degree vehicle insurance may additionally offer financial protection against theft of the vehicle and possibly damage to the vehicle, sustained from things other than traffic collisions.

 

We provide Motor insurance via best Motor insurance companies in India authorized by IRDA

1. ICICI Lombard General Insurance Co. Ltd.
2. Tata AIG General Insurance Co. Ltd. 
3. The New India Assurance Co. Ltd. 
4. The Oriental Insurance Co. Ltd.
5. HDFC ERGO General Insurance Co. Ltd
   

motor insurance Sanjay Dewan

Health Insurance

  Need Health Insurance Talk to an Expert 989109671 

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Health insurance is a type of insurance coverage that covers the cost of an insured individual's medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider.

In health insurance terminology, the "provider" is a clinic, hospital, doctor, laboratory, health care practitioner, or pharmacy. The "insured" is the owner of the health insurance policy; the person with the health insurance coverage.

We provide health insurance via best health insurance companies in India authorized by IRDA

Public Sector

1. New India Insurance
2. National Insurance Company
3. The Oriental Insurance Company
4. United India Insurance Company
5. Agriculture Insurance Company of India

Private Sector

1. Apollo Munich Health Insurance Company Limited
2. Bajaj Allianz General Insurance
3. Bharti AXA General Insurance Company Limited
4. Cholamandalam MS General Insurance Co. Ltd.
5. Cigna TTK Health Insurance Company Ltd.
6. Future Generali India Insurance Company Limited
7. HDFC ERGO General Insurance Company Ltd.
8. ICICI Lombard
9. IFFCO Tokio
10. L&T General Insurance Company Limited
11. Liberty Videocon General Insurance Co Ltd
12. Magma HDI General Insurance Company Limited
13. Max Bupa Health Insurance Company Ltd
14. Reliance General Insurance
15. Royal Sundaram Alliance Insurance Co. Ltd
16. SBI General Insurance Company Limited
17. Shriram General Insurance Company Limited,
18. Star Health and Allied Insurance Company Limited
19. Tata AIG General
20. Universal Sompo General Insurance Co. Ltd.

Health Insurance Sanjay Dewan

LIC Insurance - Jeevan Akshay

LIC Jeevan Akshay Insurance Talk to an Expert 989109671 

For Single Premium Immediate Pension Plan - Buy Pension Plan - Talk to an Expert 9891096971

Introduction:
                                                                      
It is an Immediate Annuity plan, which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant. Various options are available for the type and mode of payment of annuities.

Options Available:

The following options are available under the plan

• Type of Annuity:

1. Annuity payable for life at a uniform rate.
2. Annuity payable for 5, 10, 15 or 20 years certain and thereafter as long as the annuitant is alive.
3. Annuity for life with return of purchase price on death of the annuitant.
4. Annuity payable for life increasing at a simple rate of 3% p.a.
5. Annuity for life with a provision of 50% of the annuity payable to spouse during his/her lifetime on death of the annuitant.
6. Annuity for life with a provision of 100% of the annuity payable to spouse during his/her lifetime on death of the annuitant.
7. Annuity for life with a provision of 100% of the annuity payable to spouse during his/ her life time on death of annuitant. The purchase price will be returned on the death of last survivor.

You may choose any one. Once chosen, the option cannot be altered.

Mode:

• Annuity may be paid either at monthly, quarterly, half yearly or yearly intervals. You may opt any mode of payment of Annuity..

Salient features:

• Premium is to be paid in a lump sum.
• Minimum purchase price :

1. Rs.100,000/- for all distribution channels except online.
2. Rs.150,000/- for on line sale.

• No medical examination is required under the plan.
• No maximum limits for purchase price, annuity etc.
• Minimum allowed age at entry is 30 years (completed) and Maximum allowed age at entry is 85 years (completed).
• Age proof necessary.

Annuity Rate:

Amount of annuity payable at yearly intervals which can be purchased for Rs. 1 lakh under different options is as under:

Age last birthday	Yearly annuity amount under option
	( i )	( ii ) (15 years certain)	( iii )	( iv )	( v )	( vi )	(vii)
30	7190	7160	6890	5250	7080	6970	6860
40	7510	7440	6930	5610	7310	7120	6890
50	8140	7950	7000	6280	7760	7420	6930
60	9350	8790	7110	7530	8640	8030	7010
70	12080	9830	7260	10220	10560	9370	7130
80	17880	10440	7480	15890	14600	12340	7290

Incentives for high purchase price:

If your purchase price is Rs. 2.50 lakh or more, you will receive higher amount of annuity due to available incentives. In addition of this, for policies sold online, a rebate of 1% by way of increase in the annuity rate shall also be available.

Service Tax:
Service tax, if any, shall be as per the Service Tax Laws and at the rate of service tax as applicable from time to time.
The amount of service tax as per the prevailing rates shall be payable by the policyholder along with the purchase price.

Paid-up value:

The policy does not acquire any paid-up value.

Surrender Value:

No surrender value will be available under the policy.

Loan:

No loan will be available under the policy.

Cooling-off period:

If you are not satisfied with the ?Terms and Conditions? of the policy, you may return the policy to us within 15 days from the date of receipt of the Policy Bond. On receipt of the policy we shall cancel the same and the amount of premium deposited by you shall be refunded to you after deducting the charges for stamp duty.

Section 45 Of Insurance Act 1938:

• No policy of life insurance shall after the expiry of two years from the date on which it was effected, be called in question by an insurer on the ground that a statement made in the proposal for insurance or in any report of a medical officer, or referee, or friend of the insured, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policyholder and that the policyholder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose.

• Provided that nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the life assured was incorrectly stated in the proposal.

Section 41 of Insurance Act 1938:

• No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer: provided that acceptance by an insurance agent of commission in connection with a policy of life insurance taken out by himself on his own life shall not be deemed to be acceptance of a rebate of premium within the meaning of this sub-section if at the time of such acceptance the insurance agent satisfies the prescribed conditions establishing that he is a bona fide insurance agent employed by the insurer.

• Provided that nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the life assured was incorrectly stated in the proposal.

Note : For full details please refer to the Policy document or contact our nearest Branch Office.

LIC Insurance Sanjay Dewan

LIC Insurance - Jeevan Lakshya

LIC Jeevan Lakshya Insurance Talk to an Expert 989109671 

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LIC's Jeevan Lakshya is a participating non-linked plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder. This plan also takes care of liquidity needs through its loan facility.

Benefits:

Death Benefit:

On death of the Life Assured before the stipulated Date of Maturity provided the policy is in full force by paying upto-date premiums, Death Benefit, defined as sum of “Sum Assured on Death”, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable.

Where “Sum Assured on Death” is defined as the sum of:

1. Annual Income Benefit equal to 10% of the Basic Sum Assured, which shall be payable from the policy anniversary coinciding with or following the date of death of Life Assured, till the policy anniversary prior to the date of maturity.
   
2. Assured Absolute Amount equal to 110% of Basic Sum Assured, which shall be payable  on due date of maturity; and

The vested Simple Reversionary Bonuses and Final Additional Bonus, if any, included in the Death Benefit,  shall be payable on due date of maturity.

The Death Benefit defined above shall not be less than 105% of all the premiums paid as on date of death.

Premiums referred above exclude tax, extra premium and rider premium(s), if any.

Maturity Benefit:

 “Sum Assured on Maturity” equal to Basic Sum Assured, along with vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid.

Participation in Profits:

The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in full force.

In case of death under a policy which is in full force, the policy shall continue to participate in profits upto the date of maturity and the entire vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable on due date of maturity. Hence, the Simple Reversionary Bonus and Final Additional Bonus, if any, shall be payable under the policy on due date of maturity irrespective of survival of the Life Assured.

In case the premiums are not duly paid (except in case of death of the Life Assured under inforce policy), the policy shall cease to participate in future profits irrespective of whether or not the policy has acquired paid up value. However, the policy shall be considered as inforce on death during the grace period.

Final Additional Bonus shall not be payable under reduced paid-up policies.

  

Optional Benefits:

The policyholder has an option of availing the following Rider benefit(s):

1. LIC’s Accidental Death and Disability Benefit Rider (UIN: 512B209V01)
2. LIC’s New Term Assurance Rider (UIN: 512B210V01)

Rider Sum Assured cannot exceed the Basic Sum Assured.

LIC Insurance Sanjay Dewan

LIC Insurance - Jeevan Traun

LIC Jeevan Tarun Insurance Talk to an Expert 989109671  

Child insurance plans & investment policies help you to best meet your child's future education & investment needs, This plan is specially designed to meet the educational and other needs of growing children through annual Survival Benefit payments from ages 20 to 24 years and Maturity Benefit at the age of 25 years. It is a flexible plan wherein at proposal stage the proposer can choose the proportion of Survival Benefits to be availed during the term of the policy as per the following four options:

Option	Survival Benefit	Maturity Benefit
Option 1	No survival benefit	100% of Sum Assured
Option 2	5% of Sum Assured every year for 5 years	75% of Sum Assured
Option 3	10% of Sum Assured every year for 5 years	50% of Sum Assured
Option 4	15% of Sum Assured every year for 5 years	25% of Sum Assured

 Where, Survival Benefit is the annual payment of a fixed percentage of Sum Assured (as defined in the table above) every year starting from policy anniversary coinciding with or following the completion of 20 years of age and thereafter on each of the next 4 policy anniversaries and Maturity Benefit is a fixed percentage of Sum Assured (as defined in the table above) along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, on maturity.

The chosen option shall become a part of the policy contract and no further change in option shall be allowed.

In addition, this plan also takes care of liquidity needs through its loan facility.

The plan can be purchased by any of the parent or grand parent for a child aged 0 to 12 years.

Benefits available under an inforce policy:

 
Death Benefit:
On death during the policy term (before commencement of risk):
In case of death of the Life Assured, return of premium/s paid excluding taxes, extra premium and rider premium, if any, without interest shall be payable.

On death during the policy term (after commencement of risk):
In case of death during the policy term provided all due premiums have been paid Death Benefit, defined as sum of “Sum Assured on Death” and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where “Sum Assured on Death” is defined as Higher of 10 times of annualized premium or Absolute amount Assured to be paid on Death i.e. 125% Sum Assured.

This Death Benefit shall not be less than 105% of the total premiums paid as on date of death.

The premiums mentioned above exclude taxes, extra premium and rider premium, if any.

Survival Benefit: A fixed percentage of Sum Assured shall be payable on each policy anniversary coinciding with or immediately following the completion of 20 years of age and thereafter on each of next four policy anniversaries. These fixed percentages shall depend on the Option chosen at the proposal stage and for various Options the percentages are as given below: 

Policy Anniversary coinciding/ following completion of ages	Percentage of Sum Assured to be paid as Survival Benefit
	Option 1	Option 2	Option 3	Option 4
20 to 24 years	Nil	5% each year	10% each year	15% each year

Policyholder has to opt for any one of the options above at the proposal stage only.
 
Maturity Benefit: In case of Life Assured surviving the stipulated date of maturity, a fixed percentage of Sum Assured shall be payable on maturity for inforce maturing policies. The fixed percentage under different Options is as below:

Maturity Age	Option 1	Option 2	Option 3	Option 4
25 year	100%	75%	50%	25%

In addition to the above, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall also be payable.

        Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is inforce.

Final Additional Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity.

Optional Rider:
LIC’s Premium Waiver Benefit Rider (UIN: 512B204V01), on the life of proposer may be opted for by payment of additional premium.

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LIC Insurance Sanjay Dewan

About Sanjay Dewan

About Sanjay Dewan

 

I am Associated with LIC of India as a Insurance Consultant for the last 15 years. To provide you complete investment services under one roof now I am attached with India's one of the Largest General Insurance Company The New India Assurance Co Ltd., Apollo Munich Health Insurance Co., Association of Mutual Funds In India also tied up with brokers to provide you services of rest of the Pvt Company's product.

Mission

Explore and enhance the quality of life of people through financial security by providing products and services of aspired attributes with competitive returns, and by rendering resources for economic development. 

Sanjay Dewan