Insurance Companies in Mizoram

Insurance Companies in Mizoram| List of Insurance Companies –

List of Life Insurance Companies in Mizoram

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

Let start with the HDFC Life Insurance plan which is 3D plus life option. This plan provides you with two options. One is the Lump Sum and another one is Lump Sum + Income. There is some add on to this policy. One is Accidental death benefit in which you can get minimum 10 or maximum 100% of the base sum assured at a premium of Rs 549. The second one is the Accidental Disability in which you can get minimum Rs 1 Lac or maximum Rs 2 Cr of Sum Assured. The third one is the critical illness in which you can get minimum 25K and maximum 50 Lac of payout. And the fourth one is the cancer care in which you can get minimum Rs 10 Lac and Maximum Rs 40 Lac of sum assured.

Second in this list is the Aditya Birla Capital life insurance company with its Digishield Insurance plan. This plan allows you to cover yourself and your spouse under the same plan and the amount that will be offered to your spouse will be 50% of your sum assured but here is a condition and the condition is the sum assured of the primary life insured must be greater than or equals to Rs 60 Lacs. Also, the plan will offer you a terminal illness benefit in which you can get a lump sum payout for the diagnosis of the terminal illness.

The third one in the list is the TATA AIA Life Insurance Sampoorna Raksha. This plan offers you longed protection with life cover up to the age of 80 yrs and with the maximum policy term of 40 yrs. This is the most economical plan that provides you with the safety, security and a secure future for your family by covering their monthly expenses. And you get the option to choose from four death benefit options. Also, there are regular or limited paying term options.

Let’s now talk about the eTouch Online Term plan of Bajaj Allianz. Here, the sum assured will be paid as Lump sum benefit upon the death of the Life Insured and the policy will terminate. In case of unfortunate accident of the Life Insured that result in the permanent disability of the life insured, the entire future premium will be waived off. Up to 75 yrs, this plan offers the protection at a maximum policy term of 40 yrs.

Last in this list is the Bharti AXA Life Flexi Term Plan. There are two options in this, one is with Critical illness and the other one is without critical illness. And the maximum sum assured in case of critical illness id up to 1 cr. This is the best in class protection plan that provides you two benefits. One is the life cover and second is the protection against the critical illness. And the comprehensive protection against 34 critical illnesses. The protection can be enhanced by Accidental death benefit coverage and can choose additional sum assured for your nominee along with the base life cover. And this will be paid in case of unfortunate death of the Life Insured.

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
1HDFC Life     3D Plus life OptionMinimum: 18 years   Maximum: 65 years Minimum: 23 yrs   Maximum: 75 yrs   Single, regular pay (5 yrs), Limited pay (6 yrs), Max: 40 yrs10 Lacs   For ROP – 30 Lacs NO Limit     Yearly , half Yearly, monthly, Single, Quarterly
2Aditya Birla CapitalDigishield PlanMinimum: 18 years     Maximum: 65 years   80 yearsMin: 5 yrs   Max : 40 yrs  30 LacsAnnual, half yearly. Monthly, Quarterly    
3TATA AIA     Sampoorna RakshaMinimum: 18 yrs   Maximum: 70 yrs (For Regular pay) 5-70 yrs (For Limited pay) 10 – 65 yrs (For Limited pay)   Minimum: 28 yrs   Maximum: 80 yrs PPT – Policy Term   Regular pay (Limited pay 5 yrs) : 10 – 40 yrs (Limited pay 10 yrs) : 15- 40 yrs 50 LacsNo limit subject to board approved underwriting policyAnnual, Monthly
4Bajaj AllianzeTouch Online TermMinimum: 18 yrs   Maximum: 65 yrs   Maximum: 75 yrs10 – 40 yrs50 Lacs10 CrAnnual, Monthly, half Yearly, Quarterly
5Bharti AXALife Flexi Term plan (Without Critical illness)Min – 18 Years and Max – 65 yearsMax – 85 yearsFixed: 10,15,20,25 yrs   To age : 60,65,70,75,85 yrs 10 LacsSubject To writingAnnually, Monthly

List of Health Insurance Companies in Mizoram

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

First in this list is the Care Health Insurance plan provided by Religare Health Insurance. This policy with a premium of 900 monthly, there would be sum assured of Rs 6 Lacs. Here you will get Hospital Room eligibility with all the categories. There will be no Health checkups. Also, you will Bonus on No claim of 60K SI added/year and Restoration on the cover of Rs 6 Lacs per year.

Next in this list is the Star Health insurance coming with its plan named Health Optima. In this policy, you will get a Sum Assured of Rs 5 Lacs. For this, you need to pay a premium of Rs 959monthly. There will be Bonus on No claim of Rs 1 Lacs incremental cover/year. And the restoration of cover up to Rs 5 Lacs once a year.

The third one in this list is the Royal Sundaram general Insurance health insurance plan named Health Companion. There will be a sum assured of Rs 5 Lacs at a premium of Rs 679 monthly. There will be health checkups annually except the 1st year in the designated network. There will be the restoration of cover up to Rs 5 Lacs once a year.

Second last in this list is the HDFC ERGO Health Insurance plan named health Suraksha Gold with Regain and ECB. There will be a sum assured of Rs 5 lacs at a premium of Rs 1190 monthly. This plan covers the maternity benefit also. On normal delivery, there will be a coverage of 15K and 25K for the cesarean. And the waiting period is 4 years before the claim is accepted.

Apollo Munich Health Insurance plan Optima Restore is the last in this list. All the benefits that are provided by this plan are In-patient care, Coverage Terms, Emergency coverage, wellness benefits. There will be no maternity coverage. There are health checkups worth Rs 2.5 K at end of every 2 yrs. There would be 2.5 Lacs bonus on No claim.

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.Religare Health 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 Up to Rs 6 Lacs once a year Rs 900 Monthly
2.Star Health InsuranceHealth optimaRs 5 lacsMaternity   Not covered   Hospital Room Eligibility All categories(except suite and above); upto SI   Bonus on No Claim Rs 1 Lac incremental cover/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 959 Monthly
3.Royal Sundaram general InsuranceHealth CopanionRs 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 679 Monthly
4.HDFC ERGOHealth Suraksha Gold with Regain and ECBRs 5 LacsMaternity   Upto Rs 15K for maternity after 4 years   Hospital Room Eligibility All categories   Bonus on No Claim Rs 50K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 1190 Monthly
5.Apollo MunichOptima restoreRs 5 LacsMaternity   Not covered   Hospital Room Eligibility All categories   Bonus on No Claim Rs 2.5 Lacs SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 1123  Monthly

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

Also Read : Insurance Companies in India