NEED HELP? 1860 500 6543

HOURS : MON TO FRI (9:00 A.M. TO 6:00 P.M)

Inditrade Insurance Broking is one of India’s leading Insurance Brokers providing customers a wide range of Insurance products spanning from Life and General Insurance. We provide specific value propositions for different segments of our customers
Retail Customer
We provide end to end services right from the time we get in touch with you, through your policy purchase and post purchase phase as well. You can choose from a wide variety of products –
  • Protection-
    • Term Plan, Health Insurance Plans, Personal Accident Policies with Permanent and Partial Disability Coverage, Critical Illness Coverage, Cancer care policies etc
  • Savings & Investment Plans-
    • Endowment Plans, Education Plans, Retirement Plans, Whole Life Plans, Money Back Plans, ULIPs etc
  • Other Insurances-
    • Motor Insurance, House Holders Policy, Travel Insurance, Professional Indemnity Policy, Shop keeper’s policy etc.
Corporates
We provide Corporate General Insurance to secure your business against all risks.
  • Fire Insurance
  • Marine Insurance
  • Liability Insurance  - 
    • Public Liability, Product Liability, Directors & Officers Liability Insurance, Professional Indemnity etc
  • Engineering  - 
    • CAR policy, EAR Policy, MCE Policy, CPM Policy, MLOP Policy, ALOP Policy, etc
  • Miscellaneous  - 
    • Burglary Insurance, Money Insurance, Fidelity Guarantees, Plate Glass Policy , etc
  • Group Policies  - 
    • Group Health Insurance, Group Life Insurance, Group Accident Insurance, Group Travel Insurance, Group Gratuity Policy
  • What is Life Insurance?

    Life Insurance is a contract between you and a life insurance company, which provides your beneficiary with a pre-determined amount in case of your death during the contract term. Buying insurance is extremely useful if you are the principal earning member in the family. In case of your unfortunate premature demise, your family can remain financially secure because of the life insurance policy that you have purchased The primary purpose of life insurance is therefore protection of the family in the event of death. Today, insurance is also seen as a tool to plan effectively for your future years, your retirement, and for your children's future needs. Today, the market offers insurance plans that not just cover your life and but at the same time grow your wealth too

  • Do I need life insurance?

    If you have dependants and financial responsibilities towards them, then you certainly need insurance. Having a family means dependants; this in turn means financial commitments. Financial commitments come in the form of loans, children's education, medical expenses etc

    Imagine what would happen if you were to lose your life suddenly or become disabled and cannot earn. Being insured in a situation like this is a necessity. When you insure your life, in effect what you are doing is insuring your earning capacity. This guarantees that your dependants will be able to continue living without financial hardships even in case of your demise

    Most insurance plans available today come with a savings element built into it. These policies help you plan not only for protection against death but also for a financially independent future, which would enable you to have a comfortable retirement

  • Who Is an Insurance Broker?

    An insurance broker is someone who acts as a go-between for businesses and insurance companies. They typically have access to dozens of carriers, and can quickly find several policies for you to consider. They know the procedures and processes of the various companies that offer coverage, and can cut through the red tape and interpret the jargon found in most contracts

  • Is there any other benefit of buying insurance other than the risk cover?

    There are several benefits of buying insurance. Apart from the risk cover, the most important benefit you receive is Income Tax Relief under Section 80C of the Income Tax Act. This means that the premium paid by you reduces your tax liability. Besides it helps you build up compulsory savings. Also through a valid assignment the beneficiaries of the policy are protected from claims of creditors. One could also surrender his policy in case of emergencies. For a policy taken under the MWP Act 1874, (Married Women's Property Act), a trust is created for wife and children as beneficiaries

  • How much does life insurance cost?

    In order to buy a life insurance policy, you must pay certain amount as premiums to the life insurance company. The amount of premiums payable depends upon the type of policy, term of policy contract, sum assured and your age. You could pay these premiums monthly/half-yearly/annually or as a single premium

  • How much do I insure myself for?

    One of the simplest rules is to assume that insurance is a replacement for your lost earning capacity Calculate your total income for the years that you expect to work. Assuming that the prevailing interest rate is 8%, you need to insure your life for at least 12 times your current annual income. Assuming that a family needs Rs.100 annually for household expenditure and the rate of interest is at 8%, then the breadwinner needs to have a life insurance policy of approximately Rs.1200. If the insurance amount were to be put in the bank by the family, the family would get a comfortable Rs.96 p.a., which would at least let the family maintain the current life style

  • Are there any advantages of buying insurance at an early age?

    Yes. The premium that you pay on your insurance policy is mainly dependent upon two things—your age and the tenure of the policy. The younger you are the lower is your insurance premium amount. At younger age, you would be physically sound and may not be suffering from illnesses. This would entitle you to a lower premium on the policy. Therefore it is advisable to buy insurance at an early age to reduce the cost of insurance

  • Is there any policy with which I can plan for my retirement?

    Yes! We have the Unit Linked Pension Plan, which helps you to regularly invest your savings during your earning life in order to build up a retirement corpus to take care of your post retirement needs. Further you may be eligible for a tax deduction on the premiums paid

  • Is insurance better than other savings plan?

    Other savings plans like Bank Fixed Deposits, NSC, and PPF have short maturity tenures, compared to life insurance policies. (E.g.: NSC for 6 years, PPF for 15 years & life insurance can be up to 100 years). Hence, other saving plans have limited impact on financial planning prospects. Whereas, a Life Insurance Policy pays the Sum assured even if the Policyholder expires before the end of the payment term. Hence, this provides greater security to the person and his/her family. As such, insurance policy is definitely a better savings plan

  • What is the Unit-Linked Insurance Plan (ULIP)?

    ULIP is a market-linked life insurance plan, which invests the premium money in various proportions in the equity and debt markets. In effect, this ensures that the returns on such plans are linked to the performances of the markets while also offering the individual an insurance cover at the same time

  • What is Term Insurance?

    Term Insurance, also known as pure life cover, is the cheapest and the simplest form of insurance. Under this insurance policy, against payment of regular premium, the insurer agrees to pay your beneficiaries the sum assured in event of your premature death. However, if you survive till the end of the policy term, nothing is payable to you. This policy has no savings component and the premiums you pay are purely a cost to buy you life cover. This is suitable for you if you are looking for a low cost life cover without any savings benefits attached. You are at that stage in life where insurance cover is vital but you cannot afford high premium payment due to low income

  • Do all life insurance policies require a medical test?

    Life insurance companies underwrite risk on the basis of the health status of the person. The amount of evidence of health required by the insurer depends upon the amount of risk involved i.e. the sum insured under the contract. In the case of a low sum insured of the life to be insured or younger age, the company might ask only for the statement of health in the form of a health questionnaire from the customer and not a medical examination. In other cases a full medical examination may be required

  • Is insurance cover a part of financial planning?

    Insurance planning is an integral part of financial planning. An insurance plan takes care of the unforeseeable demands on your finances. For instance, an unfortunate illness requiring a surgery can be covered under a medical insurance plan and you need not dig into your savings and other investments to pay for it. In effect, insurance helps to keep your financial plan on track.

  • What kind of risks can I cover under insurance plans?

    Most risks to your life and property can be covered under insurance plans. Some of the common insurance plans are:

    • Unit Linked Insurance Plans
    • Term / Term with Return of Premium Planss
    • Health Insurance
    • Personal Accident Insurance
    • Insurance cover for your Home / Car
    • Insurance cover to protect your family from liabilities
    • Travel insurance

  • What should be my ideal level of insurance cover?

    The value of the cover that you opt for should depend on your need for protection. If you are applying for asset insurance, the value should ideally cover the cost of replacing your asset. Similarly, the final payout of a term plan should compensate your family for the financial loss that they will face in case of your demise. If you go in for ULIPs, endowment or money back policies, these should fall in with your overall financial plan and enable you to receive funds when you expect to use them.

    At times, it is not possible for one policy to fulfill all your requirements. In such cases, you can purchase a combination of plans which will meet your needs.

  • Why do I need health insurance?

    Nobody can predict illnesses or accidents. These health hazards and hospitalization can cost you dearly in terms of medical bills and leave you with a major financial burden. To enable you to cope with such situations, insurance companies have launched health insurance plans. Health insurance takes care of your hospitalization and medication expenses. It could also provide financial support to you and your family.

  • Why do I need Travel Insurance?

    While travelling abroad, you would not like anything to ruin your trip. However, unfortunate events such as baggage loss, passport loss, a medical emergency or an accident can affect you. Having travel insurance compensates you for such events.

Copyright 2013 Inditrade Capital Ltd. All rights reserved.

Best Viewed in Resolution 1024 * 800 and Above