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<input type="tel" name="mobile_no" id="mobile_no" class="form-control rounded" placeholder="Your registered mobile number" maxlength="10">
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* ABOUT US
* PRODUCTS
* GENERAL INSURANCE
* CAR INSURANCE
* TWO-WHEELER INSURANCE
* TRAVEL INSURANCE
* HOME INSURANCE
* CYBER INSURANCE
* HEALTH INSURANCE
* HEALTH INSURANCE
* SUPER TOP-UP INSURANCE
* CRITICAL ILLNESS INSURANCE
* PERSONAL ACCIDENT INSURANCE
* WOMEN CANCER INSURANCE
* LIFE INSURANCE
* TERM LIFE INSURANCE
* INVESTMENT PLAN
* GUARANTEED RETURN PLANS
* BUSINESS INSURANCE
* PRODUCTS
* GROUP HEALTH INSURANCE
* GROUP PERSONAL ACCIDENT
* FIRE PACKAGE POLICY
* WORKMEN COMPENSATION
* DIRECTORS AND OFFICERS LIABILITY
* CORPORATE MOTOR FLEET INSURANCE
* COMMERCIAL CAR INSURANCE
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* CAR INSURANCE
Car Insurance
CarUpdated
Flat 80%* OFF
Get right cover at best price on your car insurance policy. Unlock your
corporate superpower today.
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What does your car insurance cover you for?
Comprehensive coverage
Liability coverage
Personal accident coverage
Zero-depreciation cover
Many more add-on covers
Get your car insured with the best features - completely online, right now!
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What do you get at Elephant Insurance?
Corporate Superpower of best Car Insurance Deals
AI-Based Car Insurance Recommendations
Handpicked Insurers for Car Insurance
Unmatched Prices on Car Insurance Premiums
Instant Policy Issuance for your vehicle
100% Assistance from Experts
Digital Relationship Manager
Best-in-Class Claims Service
Lifetime Personalised Account
Renewal Management
* TWO-WHEELER INSURANCE
Two-Wheeler Insurance
BikeUpdated
Starting at Rs.546* only.
Get right cover at best price and insure your two-wheeler for a joy ride.
Unlock your corporate superpower today.
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What does your two-wheeler insurance cover you for?
Comprehensive coverage
Liability coverage
Personal accident coverage
Zero-depreciation cover
Many more add-on covers
Get your two-wheeler insured with the best features - completely online,
right now!
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What do you get at Elephant Insurance?
Corporate Superpower of best Two-wheeler Insurance Deals
AI-Based Two-wheeler Insurance Recommendations
Handpicked Insurers for Two-wheeler Insurance
Unmatched Prices on Two-wheeler Insurance Premiums
Instant Policy Issuance for your vehicle
100% Assistance from Experts
Digital Relationship Manager
Best-in-Class Claims Service
Lifetime Personalised Account
Renewal Management
* TERM LIFE INSURANCE
Term Life Insurance
Rs.1 crore life cover at Rs.503/month* only.
Securing your loved ones future is not expensive, it is priceless! Be a
superhero by unlocking your corporate superpower today.
GET QUOTES
What does your term life insurance cover you for?
Death benefits
Critical illnesses cover
Accidental death benefit
Waiver of premium
Many more add-on covers
Get your term life insurance with the best features - completely online,
right now!
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What do you get at Elephant Insurance?
Corporate Superpower of best Term Life Insurance Deals
AI-Based Term Life Insurance Recommendations
Handpicked Insurers for Term Life Insurance
Handpicked Insurers for Term Life Insurance
Instant Policy Issuance for you and your family
100% Assistance from Experts
Digital Relationship Manager
Best-in-Class Claims Service
Lifetime Personalised Account
Renewal Management
* HEALTH INSURANCE
Health Insurance
Get Rs.5 lakh health cover at Rs.18/day* only.
Protecting your health is always our priority. Be a superhero by unlocking
your corporate superpower today.
GET QUOTES
What does your health insurance cover you for?
Unexpected medical bills
Pre and post hospitalisation bills
Day care treatments
Maternity, newborn care and organ donor expenses
Many more add-on covers
Get your health insurance with the best features - completely online, right
now!
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What do you get at Elephant Insurance?
Corporate Superpower of best Health Insurance Deals
AI-Based Health Insurance Recommendations
Handpicked Insurers for Health Insurance
Unmatched Prices on Health Insurance Premiums
Instant Policy Issuance for you and your family
100% Assistance from Experts
Digital Relationship Manager
Best-in-Class Claims Service
Lifetime Personalised Account
Renewal Management
* CYBER PROTECT
Cyber Protect Insurance
Get Rs.1 lakh cyber protection cover at Rs.55/day* only.
Don't be a victim of cyber fraud! Get right cover at best price on your cyber
insurance policy. Unlock your corporate superpower today.
GET QUOTES
What does your cyber insurance cover you for?
Legal protection
Unauthorised online transaction cover
Phishing and email spoofing cover
Cyber stalking and identity theft cover
Cyber extortion and many more coverages
Get your cyber insurance with the best features - completely online, right
now!
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What do you get at Elephant Insurance?
Corporate Superpower of best Cyber Insurance Deals
AI-Based Cyber Insurance Recommendations
Handpicked Insurers for Cyber Insurance
Unmatched Prices on Cyber Insurance Premiums
Instant Policy Issuance for your cyber protection
100% Assistance from Experts
Digital Relationship Manager
Best-in-Class Claims Service
Lifetime Personalised Account
Renewal Management
* OTHER PRODUCTS
Super Top-Up Insurance
Extra protection never hurts. Get coverge up to Rs. 1 crore.
GET QUOTES
Critical Illness Insurance
A must-have protection to secure you against critical illnesses.
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Guaranteed Return Plans
Secure your financial future with guaranteed tax-free returns.
GET QUOTES
Travel Insurance
Your packing is incomplete without travel insurance.
GET QUOTES
Personal Accident Insurance
Accidents are sudden and can cause damage to your financial planning as well.
GET QUOTES
Home Insurance
Secure your dream home and its belongings.
GET QUOTES
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PRODUCTS
GENERAL INSURANCE
* CAR INSURANCE
* TWO-WHEELER INSURANCE
* TRAVEL INSURANCE
* HOME INSURANCE
* CYBER INSURANCE
HEALTH INSURANCE
* HEALTH INSURANCE
* SUPER TOP-UP INSURANCE
* CRITICAL ILLNESS INSURANCE
* PERSONAL ACCIDENT INSURANCE
* WOMEN CANCER INSURANCE
LIFE INSURANCE
* TERM LIFE INSURANCE
INVESTMENT PLAN
* GUARANTEED RETURN PLANS
BUSINESS INSURANCE
PRODUCTS
* GROUP HEALTH INSURANCE
* GROUP PERSONAL ACCIDENT
* FIRE PACKAGE POLICY
* WORKMEN COMPENSATION
* DIRECTORS AND OFFICERS LIABILITY
* CORPORATE MOTOR FLEET INSURANCE
* COMMERCIAL CAR INSURANCE
* CORPORATE TRAVEL INSURANCE
SECTORS
* HOSPITALITY AND LEISURE
* EDUCATIONAL INSTITUTE
* SHOPS AND ESTABLISHMENTS
* SALONS AND SPAS
* COMMERCIAL OFFICES
* HOSPITALS AND CLINICS
* DIAMONDS AND JEWELLERY
* MEDIA AND ENTERTAINMENT
ELEPHANT BENEFITS 360
* EB360 LOGIN
LOGIN/SIGN UP
CLAIM
* PERSONAL INSURANCE CLAIM
* BUSINESS INSURANCE CLAIM
RENEWALS
CONTACT US
ABOUT US
KNOWLEDGE CENTER
* LATEST NEWS
* BLOGS
* TESTIMONIALS
* FAQs
India’s first Insurtech Consulting Platform
for Employees and Businesses
India’s first Insurtech Consulting Platform for Employees and Businesses
* Personal Insurance
* Business Insurance
* Elephant Benefits 360
Car
Insurance
Two-Wheeler
Insurance
Term Life
Insurance
Guaranteed
Return Plans
Travel
Insurance
Cyber
Insurance
Health
Insurance
Super Top-Up
Insurance
Personal Accident
Insurance
Women Cancer
Insurance
Critical Illness
Insurance
Home
Insurance
More
Products
Car
Insurance
Two-Wheeler
Insurance
Term Life
Insurance
Guaranteed
Return Plans
Travel
Insurance
Health
Insurance
Super Top-Up
Insurance
Women Cancer
Insurance
Personal Accident
Insurance
Critical Illness
Insurance
Home
Insurance
Cyber
Insurance
Car
Insurance
Two-Wheeler
Insurance
Term Life
Insurance
Health
Insurance
Super Top-Up
Insurance
Guaranteed
Return Plans
Women Cancer
Insurance
Travel
Insurance
Cyber
Insurance
Personal Accident
Insurance
Critical Illness
Insurance
Home
Insurance
More
Products
Switch Existing Health Insurance Renew Policy
Meet Laxmi and unlock your Corporate Superpower now!
Products
Group Health Insurance
Group Personal Accident
Fire Package Policy
Workmen Compensation
Directors and Officers Liability
Corporate Motor Fleet Insurance
Corporate
Travel Insurance
Commercial
Car Insurance
Sectors
Hospitality
and Leisure
Educational Institute
Shops and Establishments
Salons and
Spas
Commercial Offices
Hospitals and Clinics
Diamonds and Jewellery
Media and Entertainment
Products
Group Health Insurance
Fire Package Policy
Workmen Compensation
Directors and Officers Liability
Group Personal Accident
Corporate Motor Fleet Insurance
Corporate
Travel Insurance
Commercial
Car Insurance
More
Products
Sectors
Hospitality
and Leisure
Educational Institute
Shops and Establishments
Salons and
Spas
Commercial Offices
Hospitals and Clinics
Diamonds and Jewellery
Media and Entertainment
More
Products
Meet Laxmi and unlock your Business Superpower now!
Powered by Alliance Insurance Brokers Pvt Ltd
WHY ELEPHANT INSURANCE?
We are India's first Insurtech consulting and advisory platform providing a
one-stop solution for all insurance requirements of Corporate Employees.
We were born to empower corporate employees and give them the Muscle of
Corporate - Corporate Superpower! And we are not alone in this.
We are backed by India's leading insurance brokering house - Alliance Insurance
Brokers Pvt. Ltd., and the legacy continues!
Corporate Superpower
Being a corporate employee you have superpowers. With Elephant Insurance, you
can use them to get killer prices and best-in-class service.
AI-based Recommendation
Say hi to 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.
Handpicked Insurers
Insurance companies have been handpicked basis their service, prices and claims
paying capability to create a smooth experience.
Right Insurance at Best Price
Being a corporate employee can be advantageous. We ensure you don't get the
cheapest insurance but a right insurance meeting all your needs at the best
negotiated price.
Instant Policy
No more waiting for the physical policies, which used to be lengthy and time
consuming. Employees can now print or download the policy immediately after a
successful payment!
Assistance from Experts
Getting into the world of insurance can be complicated, but with the presence of
Elephant Insurance, no more! We have leading insurance experts that can help
guide you through the entire process, making it a cakewalk!
Digital Relationship Manager
You may need help 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!
Best-In-Class Claim Service
Things do go wrong! But our experienced and dedicated claims experts will help
you manage your claims effortlessly.
Lifetime Personalized Account
Who doesn't like to have everything under one roof? You will be provided with a
lifetime personalized account for seamless policy management.
Renewal Management
You will get regular automatic renewal notification and reminders before policy
expiry, ensuring the policy is renewed on-time, easily and quickly!
Our exclusive offers. Just for you.
*
*
*
*
*
*
A cost-free employee-benefit initiative for the corporate employees.
30+
Insurers
On-boarded with the likes of ICICI Lombard, Bajaj Allianz, HDFC Ergo, Star
Health, Tata AIG, Future Generali, Care (Religare), Go Digit, Max Bupa, HDFC
Life, ICICI Prudential, Max Life, Bajaj Allianz Life, Kotak Mahindra, Tata AIA,
PNB Met Life and many more.
500+
Corporates
On-boarded with the likes of Vantage Circle, BenefitHub, Trrain Circle,
Hexaware, AGS Transact, Wildcraft, Udaan, Informatica, Jubilant Generics,
Wissen, Katerra, IDBI Bank, Privi Organics, Prolifics, Netcore Solutions,
Sentiss Pharma, Edureka and many more.
10+ Lakh
Employees
Enjoying their Corporate Superpower with Elephant Insurance.
Your Employees can be Next
How to set up your company account? FREE CORPORATE SIGN-UP
YOUR ONE STOP INSURTECH PLATFORM NOW AT YOUR FINGERTIPS!
Get the Right Insurance at the Best Price, every time with the Elephant.in App.
Avail Exclusive Discounts and Corporate Offers on your insurance needs, using
your work email id
Download our app from
Download our app from
Download Download
We make insurance simpler and easier for the corporate employees, by filling the
gap in the current insurance market.
The Direct Benefit to the Employers:
It is very common for the employees to feel stressed about the finances, and in
such a scenario it directly affects the businesses and its growth. Financial
wellness of the employees is directly related to the overall wellbeing of the
business as if they are financially sound, they will show better productivity
towards their work.
It all boils down to choosing the right insurance for your employees, and you
can act as the guiding star for them.
Here are a few direct benefits employers can get:
Money ₹
Increase Financial Quotient
It helps employees get more educated and aware about their finances
Structured Planning
It will help employees plan their finances better and be at ease.
Secured
Secured Employer Platform
Making insurance management easy for employees, so that they can be more focused
and productive at work.
Our latest Insurance articles & videos
* 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
READ MORE
* 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
READ MORE
* 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.
2. 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.
3. 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.
4. 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
READ MORE
* 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
READ MORE
* 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
READ MORE
* 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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Our Insurance Partners
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What our Customers Say
* All
* Customers
* HR
* 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
At HomeFirst we are continuously looking for improving holistic employee
wellbeing and ensure that they have the opportunity to get the best in the
easiest way possible. Elephant fits in perfectly as it combines the best
products available in the insurance industry and provides them at the most
competitive rate ... Read Mores with great flexibility to the employee. All
this while taking away the administrative burden from the organisation burden
from organisation for providing the same.
Ramakrishna Vyamajala
Chief Human Resources Officer- Home First Finance Limited
* 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
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, ... Read More keep up the good work!
Sanjay Gopalan
Vice President - Fairmacs Shipping and Transport Services 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 ... Read More I used my work email ID. Cheers to Team
Elephant.in!
Aashish Majumdar
Finance Head - INOX Air Products Pvt. Ltd.
* For HR
We recently partnered with Elephant.in as a part of our employee benefit
initiative. The team was helpful and made sure we had a seamless onboarding
process. They curated enticing discounts and offers for our employees and
provided a well-trained customer service team to assist us with any questions
we had. Tea ... Read Morem Elephant, keep up the fantastic job!
Sandeep Raina
Senior General Manager - Human Capital and General Affairs - Welspun Group
* 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 onboard ... Read Moreing 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
Team Elephant.in has helped us with timely and efficient support on the
queries our employees had. They have provided step-by-step assistance to our
employees in making well-informed decisions about their insurance
requirements. Thank you, Elephant.in for a wonderful experience.
Deepak Patel
Assistant General Manager - Human Capital and General Affairs - Welspun Group
* 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 Customers
I have got a reference of Elephant Insurance for purchasing term life
insurance through the organisation that I work with. Website is designed to
recommend the right policy without confusing with loads of options. There
after insurance advisor does a very professional job of clarifying and
suggesting the right ... Read Morepolicies, filling in required forms and
following up with the insurance company till the policy is successfully
assigned. Great experience with Elephant and their team. Ajay Pitale, my
insurance advisor was knowledgeable, professional and extremely patient. He
allowed me space to decide and also followed up when there were issues in
counter offers till they are closed. He was prompt in his responses. Sonali
Borkar from the operations team was very prompt in escalating to the
insurance and get the required resolution. I'm impressed with the knowledge,
availability of Elephant team and prompt resolution of queries.
Venkat Reddy
Delivery Head-Wipro
* 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, fol ... Read Moreks!
Saumya Badgayan
Vice President - Corporate Strategy HR & IR - Gold Star Jewellery Pvt. Ltd.
* For customers
Team elephant has been extremely cooperative and helpful, their customer
service is truly commendable
Sharom B Mubarakai
Owner -Horticulturist
* For Hr
We recently rolled out Elephant. in as a voluntary insurance program for our
employees’ personal insurance requirements. Being a cost-free employee
benefit initiative, our employees now have access to their insurance products
at exclusive discounts and offers. Thank you, Team Elephant.in!
Anil Dhale
Head-HR -INOX Air Products Pvt. Ltd.
* 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 customers
I have purchased Car insurance and got a flat 80% off on my purchase. Their
customer service team ensured all my queries with regards to my policy were
resolved quickly. Thank you , team Elephant for this wonderful experience,
you are highly recommended to all my friends and colleagues.
Dilip Chorge
Manager Treasury Operations - Cotmac Electronics Private Limited
* For customers
Purchasing health insurance from Elephant.in was a win-win situation for me,
it helped me protect my health and save money on taxes- all of this through a
web portal that was extremely easy to navigate.
Sherene Aftab
Founder- Serene Hour Counselling & Career Advice Consultancy
* For customers
As compared to Health Insurance plans available online, Elephant.in gave me
exclusive features at unbeatable price which I could happily share with my
entire group of friends !
Kanika Mathur
Founder-Ink Dream
* 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
Excellent support and customer service from team Elephant.in. Their website
is easy to navigate, and the price are truly discounted. Overall great
experience !
Chintan Kapadia
High Ground Enterprise Limited -Director
* For customers
I topped up my Health Insurance policy with a Super Top-up, both products
were purchased from Elephant.in. I appreciate the excellent discounts and the
advice from my relationship manager, who helped me gain attractive add-on
benefits. Great service Team Elephant.in, Keep it up!
Akhilendra Singh
Welspun Enterprises Limited
* For customers
I purchased health insurance for my parents from Elephant.in, their senior
citizen-friendly features and affordable pricing make it a must-buy for your
loved ones
Dr. Abhishek Singh
MDS - Periodontology and Implantology - Owner of "House of Smile"
* For customers
Thank you team Elephant for all your help and support in making this seamless
and smooth for me. I appreciate your constant support.
Shyamala Shukla
Group VP, Talent Acquistion, Corporate Human Resources- CK Birla Group
* For customers
Extremely happy with the services of Elephant.in. The Customer Support staff
is very supportive. Mr. Vivek Vishwakarma helped us in the understanding
critical procedure of claims and guided us on each step for hassle-free claim
approval.
Avinash Agrawal
Team Leader - Sanjeev Auto Parts Manufactures Pvt Ltd
* For customers
Elephant.in is definitely my go-to insurance website after I purchased car
insurance for my new car from them. Right from giving me prompt quotations to
getting the lowest possible rate in the market, they helped me all
throughout. I had done thorough research on all offline and online channels,
but their corpo ... Read Morerate deal was the best. Special shoutout to
Nikita from their customer service team who was just one call away for all my
queries. Great going guys!
Udit Jain
Assitant Vice President-ANAROCK Retail
* For customers
The Senior Citizen insurance covers from Elephant.in was the ideal gift I got
for my parents for their anniversary. The recommendation feature on the
website was a huge help at a price point was quite affordable for a younger
professional like me.
Yash Pandya
Tech Cordinator-A- Media INC
* For customers
Mr.Vinayak Jadhav – Mumbai office & Mrs Chitra Nagarajan – Chennai office are
very excellent support and helpful for policy renewal and policy claims on
time.
Magesh .V
Admin- SPR constructions
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* For Customers
Team elephant has been extremely cooperative and helpful, their customer
service is truly commendable
Sharom B Mubarakai
Owner -Horticulturist
* For Customers
I have purchased Car insurance and got a flat 80% off on my purchase. Their
customer service team ensured all my queries with regards to my policy were
resolved quickly. Thank you , team Elephant for this wonderful experience,
you are highly recommended to all my friends and colleagues.
Dilip Chorge
Manager Treasury Operations - Cotmac Electronics Private Limited
* For Customers
Purchasing health insurance from Elephant.in was a win-win situation for me,
it helped me protect my health and save money on taxes- all of this through a
web portal that was extremely easy to navigate.
Sherene Aftab
Founder- Serene Hour Counselling & Career Advice Consultancy
* For Customers
As compared to Health Insurance plans available online, Elephant.in gave me
exclusive features at unbeatable price which I could happily share with my
entire group of friends !
Kanika Mathur
Founder-Ink Dream
* 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
Excellent support and customer service from team Elephant.in. Their website
is easy to navigate, and the price are truly discounted. Overall great
experience !
Chintan Kapadia
High Ground Enterprise Limited -Director
* For Customers
I topped up my Health Insurance policy with a Super Top-up, both products
were purchased from Elephant.in. I appreciate the excellent discounts and the
advice from my relationship manager, who helped me gain attractive add-on
benefits. Great service Team Elephant.in, Keep it up!
Akhilendra Singh
Welspun Enterprises Limited
* For Customers
I purchased health insurance for my parents from Elephant.in, their senior
citizen-friendly features and affordable pricing make it a must-buy for your
loved ones
Dr. Abhishek Singh
MDS - Periodontology and Implantology - Owner of "House of Smile"
* For Customers
Thank you team Elephant for all your help and support in making this seamless
and smooth for me. I appreciate your constant support.
Shyamala Shukla
Group VP, Talent Acquistion, Corporate Human Resources- CK Birla Group
* For Customers
Extremely happy with the services of Elephant.in. The Customer Support staff
is very supportive. Mr. Vivek Vishwakarma helped us in the understanding
critical procedure of claims and guided us on each step for hassle-free claim
approval.
Avinash Agrawal
Team Leader - Sanjeev Auto Parts Manufactures Pvt Ltd
* For Customers
Elephant.in is definitely my go-to insurance website after I purchased car
insurance for my new car from them. Right from giving me prompt quotations to
getting the lowest possible rate in the market, they helped me all
throughout. I had done thorough research on all offline and online channels,
but their corpo ... Read Morerate deal was the best. Special shoutout to
Nikita from their customer service team who was just one call away for all my
queries. Great going guys!
Udit Jain
Assitant Vice President-ANAROCK Retail
* For Customers
The Senior Citizen insurance covers from Elephant.in was the ideal gift I got
for my parents for their anniversary. The recommendation feature on the
website was a huge help at a price point was quite affordable for a younger
professional like me.
Yash Pandya
Tech Cordinator-A- Media INC
* For Customers
Mr.Vinayak Jadhav – Mumbai office & Mrs Chitra Nagarajan – Chennai office are
very excellent support and helpful for policy renewal and policy claims on
time.
Magesh .V
Admin- SPR constructions
* For Customers
I bought a Car insurance from Elephant.in and got an amazing discount of flat
80% that helped me to save a lot of money! Elephant.in . Great service team!
Diwakar Mishra
Scrum Lead- Optum
* For Customers
I am delighted to share my experience with Elephant team, Especially Sonali &
Subhan who has always been on toes for help & resolving queries at the
earliest possible, your customer-centricity & efforts are highly valued, Many
thanks for getting the policy issued in such a small period of time, looking
for simi ... Read Morelar efforts in future as well.
Ashish Jain
Finance Assistant Manager -Pidilite Industries
* For Customers
Team Elephant was extremely professional, they helped me understand the idea
of insurance and the importance of term insurance, they also shared all the
best options available for me and resolved all my queries. I have a wonderful
experience and will recommend Elephant.in to our friends
Brijesh Kumar Singh
Lead Software Engineer -Informatica
* For Customers
Team Elephant.in ensured amazing features and exclusive discounts on my
health insurance renewal using my work email ID. I am extremely happy with
their consistent service year on year.
Sameer Walgude
Sourcing Business Partnering- Mahindra & Mahindra Limited, AFS (Auto & Farm
Equipment Sectors)
* For Customers
I just renewed my car insurance + home insurance. The renewal process was
pretty smooth and the UI was good
Sachin Kaulgud
Sr. Vice President -Alliance Insurance Brokers
* For Customers
I highly recommend Elephant.in . I had purchased a Super Top Up policy and
the top-up available at Elephant.in had many features as compared to the
products available in the market. I am happy with the product and price
offered.
Prateek Mundhara
Character Animator-Redefine
* For Customers
It was extremely easy to purchase the Term Life insurance on the elephant.in
Portal. The Journey was user Friendly and could be completed with just few
clicks. Moreover, the support I received during Policy issuance was well
appreciated
Nikhil Hemrajani
Co-Founder-Sitara Studios
* For Customers
I was happy to have team Elephant.in's support for my policy processing. All
my documentation and clearance process were completed smoothly with your
support. It was a nice experience interacting with you and I hope you
continue the same for other customers as well who really need such guidance.
I wish you and ... Read Moreyour organization all the best
Vikas Kumar
Lead Technical Consultant -Mando Softtech India Private Limited
* For Customers
I fully recommend elephant.in. I received a killer discount on my car
insurance policy and the process was quick and easy
Avdesh Chauhan
Supplier Quality Manager-Andritz Hydro
* For Customers
A great discount of 80% on my car insurance policy! Elephant definitely
delivers what they promise!
Saurabh Manchanda
Manager- Victora Hospitalities
* 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
I have good support from your team and I am very very happy with your
services
Vijay Pillai
Deputy Manager -Jash Engineers
* For Customers
Topping up my existing health plan with an affordable Super top-up from
elephant.in was a huge relief, given the pandemic and multiple rising medical
expenses that come along with it.
Smita Chavan
Founder -Sk Food & Hosptality
* 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
I wholeheartedly recommend elephant.in for any insurance policies that you
require. They offered killer discounts, and the Ai recommendations provided
solution based on my requirements.
Lithin Kotian
Specialist Engineer -Mando Softech
* 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 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
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
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 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
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 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
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 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
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
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* 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
At HomeFirst we are continuously looking for improving holistic employee
wellbeing and ensure that they have the opportunity to get the best in the
easiest way possible. Elephant fits in perfectly as it combines the best
products available in the insurance industry and provides them at the most
competitive rate ... Read Mores with great flexibility to the employee. All
this while taking away the administrative burden from the organisation burden
from organisation for providing the same.
Ramakrishna Vyamajala
Chief Human Resources Officer- Home First Finance Limited
* 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
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, ... Read More keep up the good work!
Sanjay Gopalan
Vice President - Fairmacs Shipping and Transport Services 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 ... Read More I used my work email ID. Cheers to Team
Elephant.in!
Aashish Majumdar
Finance Head - INOX Air Products Pvt. Ltd.
* For HR
We recently partnered with Elephant.in as a part of our employee benefit
initiative. The team was helpful and made sure we had a seamless onboarding
process. They curated enticing discounts and offers for our employees and
provided a well-trained customer service team to assist us with any questions
we had. Tea ... Read Morem Elephant, keep up the fantastic job!
Sandeep Raina
Senior General Manager - Human Capital and General Affairs - Welspun Group
* 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 onboard ... Read Moreing 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
Team Elephant.in has helped us with timely and efficient support on the
queries our employees had. They have provided step-by-step assistance to our
employees in making well-informed decisions about their insurance
requirements. Thank you, Elephant.in for a wonderful experience.
Deepak Patel
Assistant General Manager - Human Capital and General Affairs - Welspun Group
* 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, fol ... Read Moreks!
Saumya Badgayan
Vice President - Corporate Strategy HR & IR - Gold Star Jewellery Pvt. Ltd.
* 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
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
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 i ... Read Morensurance 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, meg ... Read Morea 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
The Whole idea of Launching Elephant.in was to align oneself with the current
digital age and provide robust and customized digital retail insurance
solutions to the employees so as to fulfill their personal insurance
requirements under one single online platform thereby helping them buy
exclusive curated produ ... Read Morects at the click of a button
Rohit Jain
Kale Logistics Solutions-AVP – HR & Admin
* For HR
We chose Elephant.in as it's a one-stop-shop for all the insurance needs of
the employees. This solves all needs of personal Insurance.
Chitra Narayan
India HR Head- -A.O.Smith India Pvt Ltd
* For HR
Onboarding Elephant.in for our corporate employees has been a brilliant
experience. Their Pre and post sales service is quite smooth and seamless
that ensures 100% transparency and quick solution to queries. We highly
recommend them in the employee benefit space. Good job team Elephant.in.
Kiran Nair
HR & Admin - Wall Street Finance
* For HR
Securing employees emotionally with the right platform while hunting for the
insurance products in the open market is a great challenge Elephant.in gives
a team of experts to support the best products
Sonal Gururaj
Hr Associate -Entuple
* For HR
Elephant.in has given a wide range of options at the best price to our
employees under a single umbrella. They have a very business model that acts
as a bridge between retail and corporate insurance package
Kumar Gyanendra
HR Manager- Edureka
* For HR
The Whole idea of Launching Elephant.in was to align oneself with the current
digital age and provide robust and customized digital retail insurance
solutions to the employees so as to fulfill their personal insurance
requirements under one single online platform thereby helping them buy
exclusive curated produ ... Read Morects at the click of a button
Rohit Jain
AVP – HR & Admin - Kale Logistics Solutions
* 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, 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. Designs
* For HR
We recently onboarded Team Elephant.in for our organization and we are very
happy with their service. Right from dedicated customer support for
assistance and a smooth onboarding process, our employees got a plethora of
great discounts & offers over a wide range of insurance products. Thank You
Team Elephant.in ... Read More, Keep up the good work.
Hare Krishna
Manager – Admin & HR - Aura Jewels
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CIN: U67200MH2003PTC141621
IRDAI Registration No.: 217
Valid from : 13/10/2024 to 12/10/2027
Category : Composite Broker
Principal Officer Name: Mr. S. V. Thakkar
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About Us Latest News Blogs Testimonials FAQs Sitemap
Legal
Privacy Policy Terms & Conditions Disclaimer
General Insurance
Car Insurance Two-Wheeler Insurance Travel Insurance Home Insurance Cyber
Insurance
Life Insurance
Term Life Insurance
Investment Plan
Guaranteed Return Plans
Business Insurance Sectors
Hospitality and Leisure Educational Institute Shops and Establishments Salons
and Spas Commercial Offices Hospitals and Clinics Diamonds and Jewellery Media
and Entertainment
Support
Become a Agent Cancellation & Refunds Contact Us Grievance Redressal Mechanism
Legal
Privacy Policy Terms & Conditions Disclaimer
Health Insurance
Health Insurance Super Top-Up Insurance Critical Illness Insurance Personal
Accident Insurance Women Cancer Insurance
Business Insurance Products
Group Health Insurance Group Personal Accident Fire Package Policy Workmen
Compensation Directors and Officers Liability Corporate Motor Fleet Insurance
Commercial Car Insurance Corporate Travel Insurance
Elephant Benefits 360
EB360 Login
Company
About Us Latest News Blogs Testimonials FAQs Sitemap
CIN: U67200MH2003PTC141621
IRDAI Registration No.: 217
Valid from : 13/10/2024 to 12/10/2027
Category : Composite Broker
Principal Officer Name: Mr. S. V. Thakkar
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