Insurance Service

1. HDFC Life Sanjay Plus

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Agro Indus brings you an assured savings insurance plan with HDFC Life. “HDFC Life Sanchay Plus” is a non-participating, non-linked, savings insurance plan that offers guaranteed returns for you and your family.

 

Guaranteed Income Option Features:

 

• Guaranteed benefits – Rest assured of the returns.
• Flexibility – Guaranteed benefits as regular income.
• Life Long Income option – Guaranteed Income till age 99 years.
• Tax benefits

 

Death Benefit

In case of death of life assured during the policy term, the death benefit equal to    sum assured on death shall be payable to nominee.

10 times the annualized premium of:

• 105% of total premium or
• Premiums paid accumulated at an interest of 5% p.a. compounded annually, or
• Guaranteed sum assured on maturity, or
• An absolute amount assured to be paid on death, which is equal to the sum assured 

 

Tax Benefit 

HDFC Life Sanchay Plus offers the benefit of tax exemption to the insured. The maturity process and premium paid towards the policy up to the maximum limit of Rs. 1.5 lakh are eligible for tax exemption under section 10(10D) and 80C of Income Tax Act 1961.

Apart from the above mentioned features, some other features offered by the policy are: 

 

Grace Period

In case the policyholder fails to pay the premium of the policy within the premium payment date then a grace period of 30 days is offered to the policyholder to pay the premium of the policy.

• Free – look Period

A free-look period of 15 days is offered to the policyholder from the date of policy initiation during which the insured can cancel the policy if he/she is not satisfied with the term and condition of the policy

• Policy Surrender Value

The policy acquires guaranteed surrender value (GSV) in case the premium payment of at least the first two years of the policy is done. The minimum guaranteed surrender value should be the sum of:

• The guaranteed surrender value of the total Premium paid
• The surrender value of guaranteed additions, already accrued to the policy, if applicable.

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2. ICICI Lombard Hospital cash product details  

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ICICI Lombard’s Hospital cash Insurance is an affordable product specifically designed to us to cater incidental expenses which occurs at the time of hospitalization. As such this product is targeted to act as a cushion to all unanticipated expenses by giving a daily payout in the event of hospitalization over and above health insurance plan.

 

Features of Hospital cash Insurance

 

• Per day payout on completion of each 24 hours of hospitalization.
• Easy Claim Process
• Minimum Documentation

 

Conditions

 

• 30 Days Waiting Period
• Pre-existing diseases will be covered only after 24 months
• Age of Entry: 18 – 65 years
• Policy Tenure: 1 Year
• No of Days claimable in a year: 60 days
• Sum Insured: Rs. 1000 Per day
• Permanent Exclusion & Compulsory 24 months waiting period diseases Sum Insured and Premium detail Cover

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3. ICICI Lombard Vehicle Insurance

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Now we can do direct vehicle Insurance renewal itself at the branch through ICICI Lombard Insurance portal, we can accept the premium in cash mode, cash accepting cut off time up to 4 pm (9.30 am to 4pm)

•  All vehicle renewal and New vehicle Insurance also available
•  3 Type Vehicle insurance are available

                   . Comprehensive or Full cover

                   . Third party or Liability cover

                    . Bumper to Bumper or Zero Depreciation cover

Conditions

 

• RC book copy and Previous Insurance copy required for renewal
• Vehicle photo with meter reading required for break up case renewal and if previous policy Third party ( This does not apply to two wheeler)

 

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4. ICICI Lombard Complete Health Insurance

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Introducing 4 new plans under complete Health Insurance – Health Shield, Health Shield Plus, Health Elite and Health Elite plus, Other Plans are Arogya Sanjeevani & CRITI Shield Plus Which offer a host of benefits to cater to all your healthcare needs 

• 2 Year waiting Period only for Pre Existing Diseases (PED)
• No room rent Capping
• Unlimited Re-set Benefit
• Donor Expense Covered
• Ayush cover up to Sum Insured
• Domiciliary Hospitalization covered
• No sublimit/Co-Pay
• Air Ambulance Cover
• Domestic Road Ambulance Cover
• Cumulative Bonus for every claim free year
• Additional Sum Insured protector
• Emergency Assistance
• Home Care Treatment
• 30 days Pre-Hospitalization and 60 days post Hospitalization expense covered
• Day – care Procedures & Treatment expense are covered as per the IRDAI prescribed list