Insurance Companies in West Bengal

Insurance Companies in West Bengal| List of Insurance Companies –

List of Life Insurance Companies in West Bengal

Here we are going to provide the information about some of the good Life insurance companies in West Bengal and their policy with the details.

Let’s start with iSelect Life policy provided by Canara HSBC OBC Life Insurance. The plan Is coming with a monthly premium of Rs 652. You can save up to Rs 17,918 on this plan if you go for the yearly premium which is Rs 7,246. There is one add on to this plan which is Accidental death benefit Rider that offers a rider sum assured of Rs 37 Lac (Approx) with a pay term of 31 years. And in this 100% of the Rider Cover Amount (Sum Assured) will be paid in case of the death of Life Insurer due to an accident.

Next in the lane is the TATA AIA Life Insurance Sampoorna Raksha. It is available at a monthly premium of Rs 813 monthly. Yearly this premium would be of Rs 9,204. The plan offers you a longer protection, with a policy term of 40 years long, life cover is up to the age of 40 years. The plan is an economical one and provides you with safety, security and protection to your family even when you are not present with them by taking care of their monthly expenses. There are 4 different death benefit options and it provides lower premium rates to non-smokers and female lives.

My Life + life insurance plan of Edelweiss Tokio Life is third in this list. This is available at a monthly premium of Rs 678. There are 4 add-ons to this plan. One is Accidental Death benefit with a premium of Rs 52. Pay term for this would be 30 years and minimum sum assured is Rs 1 lac and maximum is Rs 1 Cr. Second is Accidental total and permanent disability for which premium is Rs 42 and pay term, sum assured would be same as previous. The third is the waiver of premium which is available at a premium of Rs 24. The last one is the Criticare+, available at a premium of Rs 279, pay term would be 30 years and minimum sum assured is Rs 5 lacs and maximum is Rs 1 Cr.

Second last in this list is the SBI life insurance plan named eShield. There are two options under this. One is Life cover and other is Increasing cover. In Life cover, during the policy in case of the unfortunate death or the terminal illness, basic sum assured would be given and the policy gets terminate. In increasing cover, which is available at a premium of Rs 110, there would be an increase of 10% in the basic sum assured at the end of every 5th policy year irrespective of the increase of Premium.

Last in this list is the eTerm Lumpsum plan provided by LIC. The plan is available at a yearly premium of Rs 15,400. This policy offers you a discount of 8% on the first year premium. 6%, 4%, 2%, 2% for the further years and the maximum discount up to Rs 3000 is applicable. For Non smokers, the sum assured (payout) is Rs 50 Lac or above. There is longer protection till 75 yrs with a policy term of 35 yrs.

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

Sr. NoCompany’s NameCompany’s PolicyEntry AgeMaturity AgePolicy TermMinimum Sum AssuresMaximum Sum AssuredSurvival PeriodPremium Payment Frequency
1Canara HSBC OBCiSelectMinimum: 18 years   Maximum: 70 yrs 80 yrsMin : 5 yrs   Max : 40 yrs 25 Lacs–     Annual, Monthly
2TATA AIA LifeSampoorna SurakshaMinimum: 18 years     Maximum: For regular pay – 70 yrs For limited pay 5 – 70 yrs For limited pay 10 – 65 yrs   Min : 28 yrs   Max : 80 yrs   For regular pay and Limited pay 5 yrs (10 – 40 yrs)   Limited pay 10 yrs (15 – 40 yrs) 50 LacsNo limit subject to board approved underwriting policyAnnual, half yearly, quarterly, monthly    
3Edelweiss Tokio Life     My Life +Minimum: 18 yrs   Maximum : 60 yrs Max :80  yrs 10,15,20,25,30,35,40,80 minus entry age     25 LacsAnnual
4SBI Life InsuranceeShieldMin – 18 Years and Max  –   65 yrs 75 yrs for Level cover benefit   70 yrs for increasing cover benefit Min : For level cover – 5 yrs   For increasing cover – 10 yrs Max : 30 yrs Rs 35 LacNo limit (Subject to board approved underwriting policy)Annual, Monthly, half yearly
5LICeTermMin – 18 Years and Max – 60 yearsMax : 75 yrsMin : 10 yrs   Max : 35 yrs 25 lacs30 daysAnnual

List of Health Insurance Companies in West Bengal

Here we are going to provide the information about some of the good Health insurance companies in West Bengal and their policy with the details.

The list is beginning with Prohealth plus SB02 health plan of Cigma TTK. The plan is available at a monthly premium of Rs 938. The expenses for alternate medication are covered in this policy. Medical expenses of before 60 days and after 180 days of hospitalization are covered in this policy. There are 5023 hospitals under this plan that offers cashless hospitalization.

Let’s move toward the LifeLine Supreme health care plan provided by Royal Sundaram General Insurance. There are 4195 network hospitals under this plan that offers cashless hospitalization. All day care treatments are covered in this plan. The plan is available at a monthly premium of Rs 730 and the total sum assured is Rs 5 Lacs. Maternity coverage is not covered under the plan.

Bajaj Allianz is third in this list with its health care plan name Health Guard family Floater. Medical expenses after 90 days and before 60 days of the hospitalization are covered in this plan. 130-day care treatment is allowed in this plan. 5700+ hospitals cover under this plan which provides cashless hospitalization.

Second last in the list is Aditya Birla Capital 1 Cr sum assured health care plan. This is available at a monthly premium of Rs 1382. 4000+ cashless hospitals and 500+ day care treatment are covered in this plan. Medical expenses that occur before 30 days and after 60 days of hospitalization are covered in this plan.

Let’s ended with the Care Health plan provided by Religare health insurance which is available at a monthly premium of Rs 900. 4900 hospitals are covered in this that provide cashless hospitalization and all the daycare treatment is covered in this plan. Medical expenses before 30 days and after 60 days of hospitalization are covered under the plan.

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

Sr. No.Company’s NameCompany’s PlanSum InsuredKey FeaturesPremium
1.Cigma TTKProhealth Plus SB02Rs 5.5 LacsMaternity   Upto Rs 15K for maternity after 4 years   Hospital Room Eligibility Up to single private room   Bonus on No Claim Rs 55K SI added/reduced per year   Restoration of Cover Up to Rs 5.5 Lacs once a year Rs 938  Monthly
2.Royal Sundaram General insuranceLifeLine SupremeRs 5 lacsMaternity   Not covered   Hospital Room Eligibility All categories   Bonus on No Claim Rs 1 Lac incremental cover/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 730 Monthly
3.Bharti AllianzHealth guard family FloaterRs 5 lacsMaternity   Upto Rs 15K for maternity after 6 years   Hospital Room Eligibility All categories   Bonus on No Claim Rs 50K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 975 Monthly
4.Aditya Birla capital1 Cr Sum AssuredRs 5 LacsMaternity   Not covered   Hospital Room Eligibility Single Private A/C Room   Bonus on No Claim Rs 50K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 7.5 Lacs once a year Rs 1382  Monthly
5.Religare Heath InsuranceCareRs 6 LacsMaternity   Not covered   Hospital Room Eligibility Single private room   Bonus on No Claim Rs 60K SI added (reduced on claim)/year   Restoration of Cover Rs 900 Monthly

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

Also Read : Insurance Companies in India