Royal Sundaram General Insurance

Royal Sundaram General Insurance Company is one of the most reputed insurance companies in India and was the first insurance company in India to be given the license to conduct business in the year 2000 by the Insurance Regulatory and Development Authority (IRDA). The insurance company has over 2,000 employees spread across 140 branches in India. The insurance company is known to sell various types of insurance products depending on the various needs of its customers. 

Popular Insurance Products Offered by Royal Sundaram General Insurance Company

Royal Sundaram Car Insurance 

One of the products that Royal Sundaram General Insurance Company sells is Car Insurance. As a customer of Royal Sundaram General Insurance Company, you can purchase two different types of car insurance policies based on coverage. 

• Comprehensive car insurance policy: Under this type of policy, you are provided coverage in case your vehicle gets damaged or stolen. It also includes third-party liability cover. The members of your family also receive a personal accident cover in case of a road accident which results in your death or injuries sustained by you. The cover not only allows them to take care of medical expenses but also helps them take care of their day-to-day needs. 
• Third-party car insurance policy: This is a type of policy which provides coverage to the third party in case your vehicle is involved in causing physical damage to the victim or his/her property. The insurer compensates the third party depending on the loss incurred and protects you from the financial and legal liabilities that may arise out of the situation. 

Royal Sundaram Two-wheeler Insurance 

If you own a two-wheeler then it is mandatory for you to have a valid two-wheeler insurance policy. You can head over to the official website of the Royal Sundaram General Insurance or visit the insurer’s nearest branch and purchase a two-wheeler insurance policy which you feel will be suitable for you. Some of the benefits of having a two-wheeler insurance policy are: 

• It provides not only coverage to you in case your vehicle gets damaged or stolen but also provides coverage to the third party if your vehicle is involved in causing damage to a third party’s property, thus saving you from the financial and legal liabilities. 
• You will be assigned only the policy document in case you purchase a two-wheeler insurance policy which will make it easy for you to keep your insurance records. 
• You need to make a one-time payment while purchasing or renewing your policy for a duration of two or three years. 
• You can transfer your No-Claim Bonus (NCB) from your existing Royal Sundaram two-wheeler insurance policy to another two-wheeler policy. 
• Your NCB will not become zero if you make a claim during the policy year. 
• You are not required to pay any extra premiums even if the third-party premiums increase during the policy year. 

Royal Sundaram Health Insurance 

One of the products that you can purchase from the Royal Sundaram Insurance Company is a health insurance policy. You can never know when you may be diagnosed with a serious medical condition and with medical inflation expected to increase, it has become extremely important to purchase a health insurance policy. You can either purchase the Royal Sundaram Lifeline Health Insurance Plan or the Royal Sundaram Family Plus health insurance plan depending on your needs. Some of the benefits of purchasing a health insurance plan from Royal Sundaram are: 

• Up to 200 day care procedures are covered. 
• The option of lifetime renewal available. 
• Pre-hospitalisation and post-hospitalisation expenses are covered. 
• Claims processes are ISO certified. 
• You can enjoy 100% reloading of your Sum Assured at no extra cost. 
• You are offered a pre-existing cover after the end of a 3-years waiting period. 
• Cashless hospitalisation facility at over 3000+ networks of hospitals available. 
• Maternity cover provided under the policies offered by the insurer. 
• Get Cumulative Bonus of up to 100% of the base sum assured for every claim-free year. 
• You also get to enjoy tax benefits under Section 80D of the Income Tax Act, 1961. 

Hence, these are some of the products that you can purchase from Royal Sundaram General Insurance Company. You must evaluate your insurance needs, and only after you have compared the various plans available should you decide and purchase an insurance plan which you feel will be suitable for you.