Overview of General Insurance

General Insurance is a type of insurance that provides financial protection for various risks and losses other than those related to life coverage. It typically covers risks that can lead to financial losses when the underlying assets are damaged or destroyed. It also covers specific events like foreign travel etc. Examples of general insurance are – Motor Insurance, Fire Insurance, Theft Insurance etc.

5 Reasons Why you should Consider General Insurance

  1. Financial Protection: General insurance provides financial protection in the event of unexpected events, such as accidents, theft, or natural disasters.
  2. Peace of Mind: Having insurance coverage can give you peace of mind, knowing that you’re prepared for unforeseen circumstances.
  3. Legal Requirements: Some types of insurance, like motor insurance, are mandatory in India for all registered vehicles.
  4. Property Protection: Home insurance protects your property from damage caused by fire, burglary, or natural disasters.
  5. Business Protection: Business insurance safeguards your company against risks, including liability, property damage, and business interruption.

Our General Insurance Partners

HDFC ERGO is a joint venture between HDFC Ltd. and ERGO International AG. HDFC ERGO is a leader in implementing technology to offer customers the best-in-class service experience.

The Company offers a complete range of General Insurance products including Health, Motor, Home, etc. for Epsilon Money clients. It has a large network of hospitals and diagnostic centres across India where its policyholders can avail cashless treatment.

Bajaj Allianz Life is one of the leading private general insurance companies in India. Bajaj Allianz General Insurance offers a wide range of products and services to protect individuals and businesses. The company is known for its strong financial track record, its innovative products, and its commitment to customer service.

Tata AIG General Insurance Company Limited which is a joint venture between Tata Group and American International Group (AIG). Tata AIG General Insurance Company Limited celebrated 16 years of service and offers Epsilon Money clients a comprehensive suite of general insurance products such as Motor, Health, Personal Accident, etc.

Kotak General Insurance Limited, a 100% subsidiary of one of India’s fastest growing banks, Kotak Mahindra Bank Ltd. Kotak General Insurance was established to service the growing non-life insurance segment in India. Servicing the continuously growing non-life insurance sector since 2015, Kotak General Insurance is focused on bringing clients quality products coupled with great customer service.

Reliance General Insurance, a part of Reliance Capital, is one of the leading general insurance companies in India. The Company offers a well-rounded and comprehensive bouquet of products including Motor Insurance, Health Insurance, and Travel Insurance, and offers customized solutions to meet the protection needs of each client of Epsilon Money.

The New India Assurance Co. Ltd., a Multinational General Insurance Company is a leading public sector non-life insurance company in India. The company reported a Gross Underwritten Premium of Rs. 33,773 crore as on Mar 2023.

Royal Sundaram has been providing innovative general insurance solutions to individuals, families and businesses directly as well as through its intermediaries and affinity partners. The company offers Motor, Health, Personal Accident, Home and Travel Insurance to individual customers and offers specialized insurance products in fire, marine, engineering, liability and business interruption risks to commercial customers.

Go Digit General Insurance company offers non-life general insurance solutions through their digital platform. Go Digit General Insurance Limited was incorporated in the year of 2016 and the company is based in Bengaluru, India. Go Digit is backed by Fairfax, a financial holding company based in Toronto, Canada.

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Disclaimer

Epsilon Money Mart Pvt Ltd (Epsilon Money) having its registered office in Mumbai, Maharashtra India, is an AMFI registered Mutual Fund distributor and IRDAI registered Corporate Agent. Epsilon Money, along with its referral partners, affiliates etc., offers a suite of wealth management products and services to its customers in line with regulatory approvals. Epsilon Money does not underwrite the risk or act as an Insurer. The insurance products offered are underwritten by the respective Insurance Partners only.

“Good Ethics is Good Business”

At Epsilon, we believe that we should let you dream – leave the tension of how you will plan finance for those dreams to us. We are here to help you and guide you, every step of the way. By always doing the right thing. By gauging your risk profile, investment horizon and recommending products accordingly. By doing what is best for you to achieve your goals.

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