Insurance Companies in Nagaland

Insurance Companies in Nagaland| List of Insurance Companies  –

List of Life Insurance Companies in Nagaland

Here we are going to provide the information about some of the good Life insurance companies in Nagaland and their policy with the details.

Let start with the Edelweiss Tokio’s Life insurance plan named LyLife+. The plan is available at a premium of Rs 663 monthly (Base premium Rs 611 and Accidental death benefit premium Rs 5 )or Rs 7528 yearly. There can be further add-on to this plan. One is Accidental Death benefit in which minimum sum assured is Rs 1 Lac and maximum is Rs 1 Cr at a premium of Rs 52 payable for 30 years. In case of unfortunate death of the Life Insured during coverage period of the policy, a lump sum benefit which is equal to the total payout would be paid.

Next in this list is the iTerm plan provided by Aegon Life. There will be a total payout of Rs 1 Cr at a premium of Rs 689 monthly in which Rs 686 is the base premium and Rs 3 is the Accidental death benefit or annually you can pay Rs 7914. The policy term and pay term will be 38 years. The minimum Sum assured for the accidental death benefit is Rs 50K and the maximum is Rs 1 Cr. In case of death of the sum assured the nominee will receive the 100% of the death benefit sum assured as a Lump sum provided aa due premier have been paid.

The third one in the list is the TATA AIA Life Insurance Sampoorna Raksha. At a premium of Rs 771 monthly or Rs 8,732 yearly you can take this policy. The total policy term time period will be 33 years. There is one add on to this plan which is the Accidental death and Dismemberment (long scale) (ADDL) Rider. In this you can get minimum sum assured of Rs 50K and the maximum would be Rs 11 Lacs at a premium of Rs 11.

PNB Met Life is coming with it’s Life Insurance plan named Mera Term Plan (UIN : 117N092V02). This plan is also coming with several add-on. One is Accidental death benefit Rider with Rs 5 Lac as minimum sum assured and Rs 1 Cr as maximum sum assured. The premium would be Rs 8 for 38 years.  Second is Accidental disability with same sum assured and policy term but the Premium to be paid is Rs 16. Next is the critical illness. At a premium of Rs 154 for 30 years there will be minimum sum assured of Rs 5 Lac and maximum sum assured of Rs 50 Lac.

Last in this list is the Aviva Life Insurance and the plan name is the iTerm Smart. The plan is available at a monthly premium of Rs 625 and yearly this amount would be Rs 7176. There is one add on to this plan which is Critical illness and disability rider. This will provide you a Rider sum assured of Rs 5 Lac minimum and Rs 50 Lac maximum. This is available at a premium of Rs 335 and the policy term will be of 33 years.

Following is the table that contains the details about the eligibility criteria of the above-mentioned policies.

Sr. NoCompany’s NameCompany’s PolicyEntry AgeMaturity AgePolicy TermMinimum Sum AssuresMaximum Sum AssuredSurvival PeriodPremium Payment Frequency
1Edelweiss TokioMy Life+Minimum: 18 years   Maximum: 60 years 80 yrs10,15,20,25,30,35,40,80 minus entry age25 Lacs1 Cr     Annual
2Aegon LifeIterm PlusMinimum: 18 years     Maximum: 65 years   80 years65 yrs less entry age   70 yrs less entry age 75 yrs less entry age 80 yrs less entry age  Sum Assured death Benefit – Rs 25 Lacs   Accidental death benefit – Rs 50K Critical illness benefit – Rs 5 Lacs Annual, Monthly, half yearly    
3TATA AIA     Smapoorna RakshaMinimum: 18 yrs   Maximum : 70 yrs (For regular Pay) 70 yrs (For Limited pay 5) 65 yrs (For Limited pay 10) Min : 28 yrs   Max : 80 yrs  10 – 40 yrs (For regular pay and Limited pay 5 years)   15-40 yrs (For Limited pay 10 yrs) Rs 50 lacsNo Limit subject to board approved underwriting policySingle, Yearly, half yearly, Monthly, quarterly
4PN Met LifeMera Term planMin – 18 Years and Max – 65 years99 yrsMin : 10 yrs   Max : 99 yrs – age Annual, Monthly
5Aviva Life insuranceiTerm SmartMin – 18 Years and Max – 65 years80 yrs (Without Rider)   70 yrs (With Rider) 10 – 62 yrs (Without Rider)   5 – 52 yrs (With Rider) 75 Lac25 crAnnual, Monthly, Half Yearly

List of Health Insurance Companies in Nagaland

Here we are going to provide the information about some of the good Health insurance companies in Nagaland and their policy with the details.

First in this list is the Health Suraksha Gold with Regain and ECB plan provided by HDFC ERGO. At a monthly premium of Rs 1190, there would be sum assured of Rs 5 Lacs. There will ve maternity coverage of up to Rs 15K for maternity after 4 years. Bonus on No claim will be Rs 50K/ year. And the restoration of coverage of Rs 5 Lacs once a year.

Next in this list is the Apollo Munich with its health insurance plan named Optima Restore. In this plan at a monthly premium of Rs 1123 the health insured will get sum assured of Rs 5 Lacs. Maternity coverage would not be covered under this policy. A Bonus of No claim of Rs 2.5 Lacs/ year will be available and Restoration of cover up to Rs 5 Lacs once in a year.

The third one in this list is the Smart Super health Insurance policy of Bharti AXA. The policy covers a sum assured of Rs 5 Lacs at Rs 948 monthly premium. Maternity coverage is also available in this policy which is completely optional. Hospital room of all types is covered.

Second last in this list is the Prohealth plus SB02 plan which is provided by Cigma TTK. At a premium of Rs 990, the sum assured will be Rs 5.5 Lacs. Maternity coverage also comes under this plan with coverage of Up to 15K for maternity after 4 years. Restoration of the cover of Rs 5.5 Lacs will be available once in a year.

Here comes the Individual privilege health insurance plan provided by Hindustan Sompe general insurance co. ltd. In this, there is maternity coverage of up to Rs 25k for maternity after 3 years. All categories of hospital rooms are eligible. Rs 6 lac restoration of cover will be available past every one year.

Following is the table that contains the details about the eligibility criteria of the above-mentioned policies.

Sr. No.Company’s NameCompany’s PlanSum InsuredKey FeaturesPremium
1.HDFC ERGOHealth Suraksha Gold with regain and ECBRs 5 LacsMaternity   Upto Rs 15K for maternity after 4 years   Hospital Room Eligibility All categories   Bonus on No Claim Rs 50K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 1190 Monthly
2.Apollo MunichOptima RestoreRs 5 lacsMaternity   Not covered   Hospital Room Eligibility All categories   Bonus on No Claim Rs 2.5 Lacs SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 1123 Monthly
3.Bharti AXASmart Super Health insurance PolicyRs 5 lacsMaternity   Optional Cover available   Hospital Room Eligibility All categories   Bonus on No Claim Rs 2.5 Lacs SI added (reduced on claim)/year   Restoration of Cover Up to Rs 5 Lacs once a year Rs 948 Monthly
4.Cipla TTKProhealth Plus SB02Rs 5.5 LacsMaternity   Upto Rs 15K for maternity after 4 years   Hospital Room Eligibility Up to single private room   Bonus on No Claim Rs 55K SI added/reduced per year   Restoration of Cover Up to Rs 5.5 Lacs once a year Rs 990 Monthly
5.Universal Sompe general insurance co. ltd.Individual previlegeRs 5 LacsMaternity   Upto Rs 25K for maternity after 3 years   Hospital Room Eligibility All categories   Bonus on No Claim Rs 60K SI added (reduced on claim)/year   Restoration of Cover Up to Rs 6 Lacs once a year Rs 773  Monthly

For more detail on any of the above mentioned policy, please visit the companies site. This is the approximated data

Also Read : Insurance Companies in India