Insurance Companies in Goa

Insurance Companies in Goa| List of Insurance Companies

List of Life Insurance Companies in Goa

This article is about the insurance policies that you can avail if you live somewhere in Goa. You are going to provide the basic information like the entry age, maturity age, policy term, etc.

The very first company that you are going to introduced with is Max Life Insurance. And the plan name is Online Term Plus. You need to pay monthly a sum of Rs 854 for this plan or yearly you can pay Rs 9,682. In the yearly plan you can save Rs 13,584. There are three cover options under this plan. One is the Life cover in which the life cover which is equal to the sum assured will be paid as life insurance benefit to the nominee in case of the unfortunate death of the life insurer. Second is the Monthly income in which lump sum which is equal to 100% of the sum assured will be paid to the nominee along with the monthly income which is 0.4% of the sum assured for 10 years. Last is Increasing Monthly income in which the income increases by a predefined rate.

Now you are going to briefed about TATA AIA life insurance plan name TATA Sampoorna Raksha. At a monthly premium of Rs 930, the plan is coming with a minimum sum assured of Rs 75 Lacs. Also, you can save a sum of Rs 15,072 over the policy by opting for the yearly premium mode in which you need to pay Rs 10,532. The policy offers you longer life protection of 80 years with a policy term of 40 years and this is best in this class. The plan your family safety, security and take care their needs by providing monthly income.

Kotak Life insurance is also in the list and the plan name is eTerm plan. Monthly you need to pay Rs 1316 for the plan and yearly this amount is Rs 14957. In the yearly mode you can save Rs 20,040 on the policy. There are three add on to the plan. One is Accidental death benefit rider which is covered under monthly premium of Rs 1316. The pay term for this is 24 years and the rider sum assured is Rs 75 Lacs. Second is Enhanced critical illness. The premium to be paid for this is Rs 658. The minimum sum assured in this is Rs 25K and the maximum is Rs 50 Lacs. The policy plan would be same 24 years long. Third is waiver of premium. This is available at monthly premium of Rs 23.

Next the company about which you are going to provide the information is Future General Total insurance Solution. The monthly premium for the plan is Rs 791 and the Accidental death protection of Rs 49 is included in this. The rider sum assured in this is Rs 50K which is minimum and Rs 75 Lac which is the maximum. In case of the death of the life insurer the total cover benefit would be paid as Lump sum amount to the nominee. The maximum age for which you can avail the coverage is 75 years. Also, you will get the tax benefit as per clause 10D and 80C of the Income tax act 1961.

And here’s the list end with Bajaj Allianz Life insurance plan named eTouch Lump Sum. The monthly premium for the plan is Rs 1382 and the yearly premium is Rs 15354. In case of the unfortunate death of the sum assured, the sum assured will be paid as lump sum to the nominee and the plan will terminate. In case of Accidental total permanent disability all the premiums of the policy will be waived off and the policy will continue as it is.

Following is the table that contains the details about the eligibility criteria of the above-mentioned policies.

Sr. NoCompany’s NameCompany’s PolicyEntry AgeMaturity AgePolicy TermMinimum Sum AssuresMaximum Sum AssuredSurvival PeriodPremium Payment Frequency
1Max LifeOnline Term PlusMinimum: 18 years   Maximum: 60 yrs 85 yrsMin : 10 yrs   Max : 50 yrs 25 lacs–     Annual, monthly, semiannual, quarterly
2TATA AIA LifeSampoorna RakshaMinimum: 18 years     Maximum: For Regular pay/ For limited pay 5 – 70 yrs For limited pay 10 – 65 yrs   Min : 28 yrs   Max : 80 yrs last birthday 10 – 40 yrs (Regular pay / Limited pay 5 yrs)   15 – 40 yrs (Limited pay 10 yrs) 50 lacNo limit subject to board approved underwriting policyAnnual, monthly, half yearly, quarterly
3Kotak Life     eTerm PlanMinimum: 18 yrs   Maximum : 65 yrs 75 yrsMin : 5 yrs   Max  40 yrs or 75 yrs – entry age 25 LacAnnual, monthly
4Future General Total Insurance SolutionsFlexi Online TermMin – 18 Years and Max  –   55 yrs Max : 65 yrs (Smoker)   75 yrs (Non smoker) Min : 10 yrs
Max : 75 – entry age & Non – smoker : 65 – entry age
 50 Lac30 daysAnnual
5Bajaj AllianzeTouch Online TermMin – 18 Years and Max – 65 years75 yrs10 – 40 years50 Lac15 days for monthly payment mode and 30 days for otherAnnual, Semi- Annual, quartery, monthly

List of Health Insurance Companies in Goa

After covering five life insurance plans, now you are going to provide the information about five health insurance plans and the basic information about the entry criteria.

HDFC ERGO is providing you the health care plan named Health Suraksha Gold with Regain and ECB. There are 144 day care treatments that are listed under the plan and a network of 6400+ hospitals that provide you cashless hospitalization. The medical expenses after 90 days of hospitalization dn before 60 days of hospitalization are covered under the plan.

Next in the list is the Apollo Munich Health Insurance and the plan name with which you are going to introduced with is optima Restore. There is coverage for the treatments that are done at home due to unavailability of hospitals or condition of patient. Alternate medicines expenses are not covered under the plan. There is network of 4105 hospitals that provide cashless hospitalization up to the sum assured.

Royal Sundaram General Insurance is next in the list which is coming with its plan name LifeLine Supreme. There is Sum assured of Rs 5 Lac in this plan. The plan provides you a network of 4195 hospitals that provides you cashless hospitalization. All day care treatments would be covered under the plan.

Here comes the Bharti AXA with its plan name Smart Super Health insurance policy. Medical expenses that incurred 60 days before and 90 days after to hospitalization are covered under the plan. There are 130 listed day care treatments in the plan and a network of 4300+ hospitals that provide cashless hospitalization.

Last in the Individual privilege plan provided by Universal Sompo. The plan has a list of 3333 hospitals that provide cashless hospitalization. 30 days before and 60 days after hospitalization are also covered under the plan. 141 day care treatment are also covered under the plan.

Following is the table that contains the details about the eligibility criteria of the above-mentioned policies.

Sr. No.Company’s NameCompany’s PlanSum InsuredKey Features
1.HDFC ERGOHealth Suraksha Gold with Regain and ECBRs 5 LacsMaternity   Upto Rs 15K for maternity after 4 years   Hospital Room Eligibility All categories   Bonus on No Claim Rs 50K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year
2.Apollo Munich Health InsuranceOptima RestoreRs 5 LacMaternity   Not covered   Hospital Room Eligibility All categories   Bonus on No Claim Rs 2.5 Lacs SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year
3.Royal Sundaram General insuranceLifeLine SupremeRs 5 lacsMaternity   Not covered   Hospital Room Eligibility All categories   Bonus on No Claim Rs 1 Lac incremental cover/year   Restoration of Cover Up to Rs 5 Lacs once a year
4.Bharti AXASmart Super Health Insurance PolicyRs 5 LacsMaternity   Optional Cover available   Hospital Room Eligibility All categories   Bonus on No Claim Rs 2.5 Lacs SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year
5.Universal Sompe General Insurance Co. Ltd.Health Privilege     Rs 6 LacsMaternity   Upto Rs 25K for maternity after 3 years   Hospital Room Eligibility All categories   Bonus on No Claim Rs 60K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 6 Lacs once a year  

For more detail about any of the above written policy please visit the company site. This is the approximated data.

Also Read : Insurance Companies in India