The leading general insurer Royal Sundaram General Insurance Company Limited is a subsidiary of Sundaram Finance. The company is previously known as Royal Sundaram Alliance Insurance Company Limited. It was primarily a combined venture between Sundaram Finance, Indian non-banking financial institutions and Royal & SunAlliance Insurance plc, UK based oldest general insurer. But now the entire equity is held by Sundaram Finance. The company offers innovative general insurance products from individuals to families. The general insurance products offered by Royal Sundram are Motor, Health, Personal Accident, Home and Travel Insurance and also offers some specialized insurance products. The company has honored with ‘Celent Model Insurer Asia Award’ for increasing an intellectual claims management system to get better customer satisfaction in the year 2013 and 2014. It is the first insurer in India who initiates cashless modes of claim settlement.
Following are some of the unique reasons by which you will get to know why insurance from Royal Sundaram.
- ✔This insurer offers quality services by their user-friendly web portal. You can get assistance from purchasing the products to till your policy claims.
- ✔As Royal Sundaram is a part of ‘Sundaram’, so the company provides a set of values which is called the ‘Sundaram Way’.
- ✔They promise to serve you the best.
- ✔The company is an established name in India and has a team of 2000 plus employees with 500 offices and the products are distributed across 130 cities across the country.
- ✔Royal Sundaram General Insurance is a renowned name in insurance industry and provides customized products to meet the requirements of different segment of people.
A wide range of general insurance products are on offer from Royal Sundaram Insurance. Let’s have a look below to know about Royal Sundaram Insurance policies.
Royal Sundaram Car Insurance
Royal Sundaram car insurance plans provide complete protection towards your vehicle during any unforeseen situations. Below we have shared some features and coverage of Royal Sundaram car insurance plan.
Car Shield Policy: Car insurance policy of Royal Sundaram Insurance is named as Car Shield policy which is a comprehensive insurance plan. This plan provides protection for your vehicle against all kinds of damages including accidents and theft. Third party liability coverage is also provided by this plan of Royal Sundaram Insurance.
Own Damage Coverage:As per this plan, you will get coverage for natural disasters that includes floods, inundation, typhoon, hurricane, cyclone, storm and hailstorms, landslides and rockslides, earthquake, fire, self-ignition, lighting or explosion and manmade calamities like terrorist and malicious activities, strikes and riots, house breaking, burglary and theft of car.
Personal Accident:This Royal Sundaram car insurance policy provides sum insured of Rs. 2 lakh to the insured four wheeler’s owner-driver in case of an accidental death and permanent total disability. This plan also provides coverage for the owner driver. If the driver of the insured vehicle gets died or the owner dies, then 100% of sum insured will be provided to his/her immediate family members.
The company offers long term two wheeler insurance plan. It offers comprehensive coverage for your bike. Following are the coverage of Royal Sundaram two wheeler insurance.
Loss or damage to your Two Wheeler: This policy provides coverage for any loss or damage caused to the vehicle due to natural disasters and manmade calamities. Such as accidental and external damage, fire, explosion, earthquake, riot, strike, any kind of malicious act etc.
Third Party Legal Liability:Royal Sundaram two wheeler insurance plan covers accidental death or injury to any third party as well as it also covers any damage to the property owned by a third party.
Personal Accident Cover:This plan provides coverage for the costs incurred from the medical treatment of the driver. However, you can choose to cover the occupants of your two-wheeler by paying extra premium.
Health insurance policies offered by Royal Sundaram Insurance are affordable and budget-friendly. All mediclaim policies are flexible and gives you an option to choose your sum insured as per your ability. Here are some unique Royal Sundaram health insurance policies.
Lifeline Health Insurance Plan:It is a holistic indemnity plan from Royal Sundaram that provides coverage for you as well as for your family. This plan has three variants, such as Lifeline Classic, Lifeline Supreme and Lifeline Elite. The most important feature of this plan is it doubles your sum assured amount after five claim free years.
Family Good Health Insurance Plan:This Royal Sundaram health insurance plan is available for self, spouse & dependent children. Maximum of 2 adults and 3 children can be included under this plan. Minimum entry age of this plan is 91 days and maximum entry age is 21 years.
Hospital Cash Health Insurance Plan:This plan offers varied sum insured option. For individual the minimum entry age of this policy is 91 days and maximum age limit is 70 years. This plan provides coverage for a period of 180 days including any kind of treatment to be taken abroad while on a holiday or an official visit. Under this plan, you can get a lump sum amount of Rs.10, 000 in case of above 15 days hospitalization.
You cannot avoid travel related risks while you are in a foreign country. But Royal Sundaram General Insurance Company gives you the benefit of travelling confidently. While you are a foreign land, you may face risks pertaining to travel like an accident in abroad, hospitalization due to sickness/accident, loss of travel documents can turn out to be quite disturbing as well as expensive.
Travel Secure:The leading general insurer Royal Sundaram Insurance offers Travel Secure insurance plan. It is a comprehensive travel insurance Plan that offers holistic travel insurance solutions to every traveler.
Student Travel Insurance: It is a very useful annual travel insurance plan for all the students who want to go abroad for studies. The duration of this plan can be from 1 to 7 years.
Senior Citizen Travel Insurance:It is a tailor made travel plan of Royal Sundaram Insurance. People belong to the age group of 71 years and above are eligible for this plan.
Royal Sundaram General Insurance Company offers comprehensive home insurance coverage. This plan is designed to cover your building and household articles like Contents, Appliances, Jewellery, Mobile equipments etc. This plan offers coverage under two sections. Like
Building (section 1):This plan available on restoration value basis from silver plan onwards. It provides coverage for fire and allied perils and earthquake. And the policy can be taken for a long term and the tenure up to 20 years.
Household Articles (section 2):This policy provides sum insured of Rs 50 lakhs for contents, appliances & jewellery. It also offers coverage for mobile phones, I-pad, I-pod, laptops and palmtops up to Rs10 lakhs.
Royal Sundaram Insurance offers an ample range of business insurance plans for the corporate, commercial, rural and social sector. The plans are like
- ✔Marine Insurance
- ✔Engineering Insurance
- ✔Theft/Burglary Insurance
- ✔Industrial All Risks
- ✔Liability Insurance
- ✔Office, Hotel and Education Shield
- ✔Enterprise & Traders Shield
- ✔Standard Fire and Perils
- ✔Consequential Insurance etc.
You should not avoid insurance renewal as it helps to keep continuation in policy coverage. Royal Sundaram insurance renewal online is easy and convenient, you just have to follow some simple steps to complete the renewal process. Following are the step by step guidance of online insurance renewal.
- ✔At first, you have to log into the web portal of Royal Sundaram General Insurance Company.
- ✔Then select the ‘Insta Renew’ option to initiate the Royal Sundaram General Insurance online renewal process.
- ✔Thereafter, you will be diverted to another page where you have to fill the policy details which are policy number and expiry date and select the ‘submit’ option.
- ✔After that, you will get to know about insurance premium quotes and you have to pay it digitally to complete the renewal procedure online.
- ✔Once you have done the payment online, you will receive renewal completion document through your personal mail id.
We consider insurance as a future protection thing. If we think about our safety, then we must consider insurance, whether it is for our health, home or car. And Royal Sundaram General Insurance will help you to buy insurance policies online at affordable price and convenient way. However, it is advised to compare all Royal Sundaram General insurance online plans with plans from other general insurance companies in India and then choose the best one as per your requirements.
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