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General Insurance Company

Apart from life, a general insurance policy can offer coverage for almost everything you want. Be it your health or your home. In India, there is a long list of general insurance companies that can offer you customised options for all your insurance needs. Jio Insurance Broking brings you the top insurance plans from the top insurance companies. Let’s first understand more about general insurance.

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Understanding General Insurance in India

General insurance in India can be divided into the following categories:
Details

The past few years have taught us the importance of having a health insurance plan. With India’s medical inflation at a whopping 14%, healthcare services are at an all-time high. Without the support of a health insurance plan, a few days in the hospital can make you dig into your savings. Health insurance not only covers in-hospital expenses but also caters to many other benefits such as pre and post-hospitalisation, daycare expenses, AYUSH treatment, etc.

List of General Insurance Companies in India

Take a look at some of the general insurance companies in India:
1

Shriram General Insurance Company Limited

Shriram General Insurance Company Limited started to operate in 2006 and was introduced as a joint venture of India’s Shriram Capital Ltd. and South Africa’s 1 Sanlam Limited.

2

The New India Assurance Company Limited

The New India Assurance Company Limited is a multinational insurance company that has planned a wide array of products to meet the requirements of the versatile Indian population.

3

United India Insurance Company Limited

The company was introduced in 1938 and has been offering various insurance solutions for different customer bases.

4

Universal Sompo General Insurance Company Limited

The company was introduced as a joint venture of three public-sector banks such as IOB, i.e. Indian Overseas Bank, Karnataka Bank as well as the Indian Bank, Dabur India Ltd. (one of India’s leading FMCG companies) aligned with Tokyo’s Sompo Japan Insurance Inc.

5

HDFC ERGO General Insurance Company Limited

The general insurance company is one of the most trusted names in the country that in addition to offering comprehensive health, motor, personal, etc. insurance plans, has a seamless application and approval process.

6

IFFCO-TOKIO General Insurance Company Limited

The general insurance company was introduced in 2000 as a joint venture between Tokio Marine Group from Japan and Farmer Fertilizers Cooperative Ltd. from India.

Let’s Wrap It Up

General insurance can be a useful investment. Protecting your health and your tangible assets through the right insurance policy can come to your rescue in case of an unplanned and unfortunate event. 

Frequently asked questions (FAQs)

There are over two dozen general insurance companies in India. All of these companies are IRDAI-approved and offer practical and affordable insurance solutions. Choose a company that offers you the features that you need in a budget that fits your pocket.

Yes, absolutely. You can buy more than 1 life as well as general insurance policies from different companies. Keep in mind that some companies expect you to declare your existing plans when buying a new one. 

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Jio Insurance Broking Ltd

Jio Insurance Broking Limited
IRDAI License No: 347,
Direct Broker (Life & General),
Valid upto: 11/03/2028
(Renewable)

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Email Id
customer.care@jioinsure.in
CIN

U67200MH2006PLC165651

Registered office address

1st Floor, Building - 4NA, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra - 400051

Discount is offered by the insurance company as approved by IRDAI for the product under file & use guidelines.

Insurance is a subject matter of the solicitation. For more details on policy terms, conditions, exclusions, limitations, please refer/read policy brochure carefully before concluding sale.

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