Insurance Services by My Advisers: Secure Your Future with Expert Financial Guidance
Insurance Services by My Advisers: Secure Your Future with Expert Financial Guidance
In today’s unpredictable world, insurance isn’t just an option—it’s a necessity. From health emergencies to asset protection, the right insurance plan can save you from financial turmoil. At My Advisers, we understand the importance of security, and we bring over 9 years of financial expertise to help you choose the right insurance services tailored to your needs.
Whether you’re an individual, a family, or a business, My Advisers is here to ensure you’re protected against life’s uncertainties.
Why Choose My Advisers for Insurance Services?
My Advisers, founded and led by Mr. Biswajit Barman, is a trusted name in financial consulting. With deep industry knowledge, personalized service, and a client-first approach, we’ve helped thousands make smart, informed decisions across various financial verticals—including insurance.
Here’s what makes us stand out:
- Experienced Guidance: 9+ years of experience in financial advisory.
- Trusted Tie-Ups: Partnered with leading insurance providers in India.
- Customized Plans: We understand your needs and recommend plans that work best for you.
- Hassle-Free Process: From choosing the right policy to documentation and claims, we handle everything.
Our Range of Insurance Services
At My Advisers, we offer a comprehensive suite of insurance services designed to cover all aspects of your life:
Below is a professional, well-structured, long-form description on Health Insurance, suitable for blogs, advisory websites, or client education pages (especially aligned with finance/insurance audiences in India).
Health Insurance in India:
Here’s a professional, well-structured overview of Health Insurance in India, including Introduction, Importance, Benefits, Top 10 Companies with Official Links, Pros & Cons of Each, Common FAQs, and a Recommended Best Health Insurance Company.
📌 Introduction to Health Insurance
Health Insurance is a financial protection plan that covers medical expenses incurred due to illnesses, accidents, or hospitalisation. It ensures that you and your family don’t face a heavy financial burden during unexpected health emergencies. Health insurance policies can be individual, family floater, group, or critical illness plans, tailored to different needs.
In India, both standalone health insurers and general insurance companies offer health insurance products regulated by the Insurance Regulatory and Development Authority of India (IRDAI).
📌 Importance of Health Insurance
Health insurance is essential because:
- 📉 Rising Medical Costs: Healthcare expenses are increasing rapidly; without insurance, costs can drain savings.
- 🏥 Financial Security: Protects against unexpected hospital bills and treatments.
- 🧑⚕️ Access to Quality Care: Enables treatment at reputed hospitals with cashless claim facilities.
- 💼 Tax Benefits: Premiums paid are eligible for tax deductions under Section 80D of the Income Tax Act in India.
- 👨👩👧 Family Protection: Family floater plans cover spouses, children, and sometimes parents under one policy.
📌 Benefits of Health Insurance
✔ Cashless treatment at network hospitals
✔ Coverage for hospitalisation, surgery, and day-care procedures
✔ Pre- and post-hospitalisation expenses covered
✔ Coverage for pre-existing diseases after the waiting period
✔ Protection against financial loss due to critical illness
✔ Additional benefits like ambulance charges, wellness programs
📌 Top 10 Health Insurance Companies in India
1. HDFC ERGO
🔹 Top Selling Policy: Optima Secure Health Insurance
Policy Overview
A comprehensive health insurance plan offering 4X coverage through unique features like Secure Benefit and Plus Benefit.
Eligibility
- Entry age: 18 – 65 years
- Dependent children: 91 days – 25 years
Coverage & Benefits
- Sum insured starts at ₹5 lakh
- 4X coverage from day one
- No room rent limit
- Pre & post hospitalization (60 / 180 days)
- Day-care procedures covered
Premium (Indicative)
- ₹8,000 – ₹15,000 per year (individual, ₹5L cover)
Best For
- Families and salaried professionals seeking high coverage at moderate premium
2. Star Health
🔹 Top Selling Policy: Star Comprehensive Health Insurance
Policy Overview
India’s most popular family floater plan with wide hospital network and senior-friendly terms.
Eligibility
- Entry age: 18 – 65 years
- Children: 91 days onwards
Coverage & Benefits
- Sum insured: ₹5L – ₹1 crore
- Automatic restoration benefit
- Coverage for maternity & newborn
- Mental health and AYUSH covered
Premium (Indicative)
- ₹9,000 – ₹18,000 per year
Best For
- Families, senior citizens, Tier 2 & Tier 3 cities
3. Aditya Birla Health
🔹 Top Selling Policy: Activ Health Platinum Enhanced
Policy Overview
Wellness-linked health insurance with rewards for healthy lifestyle.
Eligibility
- Entry age: 18 – 65 years
- Children: 5 years onwards
Coverage & Benefits
- Chronic disease management
- OPD and wellness rewards
- No claim bonus up to 200%
- Health coaching & fitness tracking
Premium (Indicative)
- ₹12,000 – ₹22,000 per year
Best For
- Health-conscious individuals and working professionals
4. TATA AIG
🔹 Top Selling Policy: MediCare Premier
Policy Overview
Premium health insurance with global coverage options and minimal sub-limits.
Eligibility
- Entry age: 18 – 65 years
- Children: 90 days onwards
Coverage & Benefits
- Global treatment cover
- No room rent capping
- High sum insured options
- Organ donor expenses covered
Premium (Indicative)
- ₹10,000 – ₹20,000 per year
Best For
- High-income individuals and frequent travelers
5. Care Health
🔹 Top Selling Policy: Care Supreme Health Insurance
Policy Overview
Value-for-money policy with strong restoration and bonus features.
Eligibility
- Entry age: 18 – 65 years
- Children: 91 days onwards
Coverage & Benefits
- Unlimited restoration
- No-claim bonus up to 150%
- Modern treatments covered
- No room rent limit
Premium (Indicative)
- ₹8,500 – ₹16,000 per year
Best For
- Budget-conscious families seeking high coverage
6. Niva Bupa
🔹 Top Selling Policy: ReAssure 2.0
Policy Overview
Fast claim settlement focused policy with unlimited reinstatement.
Eligibility
- Entry age: 18 – 65 years
- Children: 91 days onwards
Coverage & Benefits
- Unlimited claims per year
- No room rent limit
- 100% claim settlement ratio driven
- Digital-first experience
Premium (Indicative)
- ₹9,000 – ₹17,000 per year
Best For
- Urban families preferring hassle-free claims
7. Go Digit
🔹 Top Selling Policy: Digit Health Care Plus
Policy Overview
Simple, transparent health plan designed for digital users.
Eligibility
- Entry age: 18 – 65 years
- Children: 1 day onwards
Coverage & Benefits
- No room rent limit
- Fixed co-pay options
- Day care & modern treatments
- Simple policy wording
Premium (Indicative)
- ₹7,000 – ₹14,000 per year
Best For
- Young individuals & first-time buyers
8. SBI General
🔹 Top Selling Policy: Arogya Supreme
Policy Overview
Reliable health plan backed by SBI trust with multiple variants.
Eligibility
- Entry age: 18 – 65 years
- Children: 90 days onwards
Coverage & Benefits
- Optional deductible plans
- AYUSH and modern treatments
- High sum insured options
- Affordable premiums
Premium (Indicative)
- ₹7,500 – ₹15,000 per year
Best For
- Government employees and conservative buyers
9. ICICI Lombard
🔹 Top Selling Policy: Health AdvantEdge
Policy Overview
Premium plan with global coverage and flexible deductibles.
Eligibility
- Entry age: 18 – 65 years
- Children: 90 days onwards
Coverage & Benefits
- Worldwide coverage
- No room rent limits
- High claim settlement support
- Wellness programs
Premium (Indicative)
- ₹12,000 – ₹25,000 per year
Best For
- Corporate professionals & premium buyers
10. Reliance General
🔹 Top Selling Policy: Reliance Health Infinity
Policy Overview
Comprehensive plan with high bonus and restoration benefits.
Eligibility
- Entry age: 18 – 65 years
- Children: 91 days onwards
Coverage & Benefits
- No-claim bonus up to 200%
- Unlimited restoration
- Coverage for alternative treatments
- Day-care procedures
Premium (Indicative)
- ₹8,000 – ₹15,000 per year
Best For
- Middle-income families and individuals
📌 Pros and Cons of Each Company
| Company | Pros | Cons |
|---|---|---|
| HDFC ERGO | Strong claim settlement support, flexible plans | Premiums may be slightly higher for comprehensive plans |
| Star Health | Largest network hospitals, good family plans | Past reports of claim disputes in certain hospitals¹ |
| Aditya Birla Health | Wide hospital network, digital services | Premiums vary widely based on age and health |
| TATA AIG | Good range of plans, global coverage options | Some hospital tie-ups (e.g., Max Hospitals) currently limited² |
| Care Health | Strong standalone health focus | Customer service variability reported |
| Niva Bupa | High claim settlement ratio, good wellness cover | Limited products compared to general insurers |
| Go Digit | Competitive pricing online | Newer brand with smaller market share |
| SBI General | Backed by SBI network, easy access | Claim process may be slower in some regions |
| ICICI Lombard | Comprehensive global plans | Slightly expensive for older age groups |
| Reliance General | Multiple plan options | Claim processing time can vary by region |
¹ Tata AIG and Star Health have recently had cashless claim suspensions at some hospital chains, reflecting negotiation challenges in networks.
² Certain tie-ups for cashless claims have seen disruptions, which may affect convenience.
📌 Common FAQs about Health Insurance
Q1. What is a health insurance premium?
✔ It’s the amount you pay (monthly/annually) to maintain your cover.
Q2. What is a waiting period?
✔ Time you must wait before certain benefits (especially pre-existing diseases) are covered.
Q3. What is cashless treatment?
✔ You get treatment in a network hospital without paying upfront; insurer settles bills directly.
Q4. Can I include my parents?
✔ Yes, many family floater plans allow covering parents, though premiums may rise.
Q5. Is annual health check-up covered?
✔ Some plans include free check-ups after claim-free years.
Q6. Do I get tax benefits?
✔ Yes, under Section 80D of the Income Tax Act.
🌟 Best Health Insurance Company Recommended (2025)
⚡ Recommended Overall: HDFC ERGO Health Insurance
Why?
- High claim support and wide range of plans
- Easy online purchasing and portability options
- Solid brand trust and reliability
⚡ Best Standalone Health Specialist: Star Health Insurance or Niva Bupa
- Great hospital networks and standalone health products
📊 Choosing the “best” plan still depends on your age, health profile, budget, and family needs.
📌 How to Choose the Right Health Insurance?
✔ Compare claim settlement ratio, hospital network, and premium costs.
✔ Check pre-existing disease waiting periods carefully.
✔ Look for cashless hospitals near you.
✔ Decide whether you want individual or family floater cover.
Best Health Insurance Company – Our Recommendation
There is no single “best” health insurance company for everyone. The right choice depends on:
- Age & medical history
- Family size
- City & hospital preferences
- Budget & coverage needs
Professional Recommendation:
- For families: HDFC ERGO / Care Health
- For senior citizens: Star Health
- For premium & digital-first users: ICICI Lombard / Niva Bupa
- For budget-conscious buyers: New India Assurance
👉 Always compare policies, not just companies.
Health insurance is not an expense—it is an investment in financial stability and peace of mind. Buying early ensures lower premiums, wider coverage, and lifelong protection.
Top 10 Life Insurance Companies in India
Life insurance provides financial security to your family in case of the policyholder’s death and also helps in long-term wealth creation, retirement planning, and tax savings. In India, life insurance companies are regulated by IRDAI and include both public and private insurers.
1. (LIC)
Overview
LIC is India’s largest and most trusted life insurance company, backed by the Government of India. It dominates the Indian life insurance market with extensive reach and strong claim settlement history.
Top Selling Policy
LIC Jeevan Anand
Policy Details
- Type: Endowment + Whole Life
- Entry Age: 18 – 50 years
- Policy Term: 15 – 35 years
- Maturity Benefit: Sum Assured + Bonuses
- Death Benefit: Life cover continues even after maturity
Why Choose LIC?
- Government-backed trust
- Strong bonus history
- Ideal for conservative investors
2. HDFC Life
Overview
HDFC Life is a leading private life insurer known for innovative products, high claim settlement ratio, and digital-first services.
Top Selling Policy
HDFC Life Click 2 Protect Super
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹10 crore
- Options: Life, CI, Income, Accidental rider
Why Choose HDFC Life?
- High claim settlement ratio
- Flexible payout options
- Best-in-class term plans
3. ICICI Prudential Life
Overview
ICICI Prudential Life offers a wide range of protection and investment-linked life insurance products with strong brand backing.
Top Selling Policy
ICICI Pru iProtect Smart
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹5 crore
- Add-ons: Critical illness, accidental death
Why Choose ICICI Prudential?
- Excellent claim support
- Strong digital experience
- Suitable for high-income earners
4. SBI Life
Overview
SBI Life combines public-sector trust with private-sector efficiency, making it popular among salaried and government employees.
Top Selling Policy
SBI Life eShield Next
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹2 crore
- Features: Level & increasing cover
Why Choose SBI Life?
- Strong bank-backed trust
- Affordable premiums
- Reliable long-term insurer
5. Max Life Insurance
Overview
Max Life is known for consistent claim settlement performance and customer-centric policies.
Top Selling Policy
Max Life Smart Secure Plus Plan
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹10 crore
- Benefits: Waiver of premium, income payout
Why Choose Max Life?
- High claim settlement ratio
- Simple and transparent plans
- Excellent customer service
6. Tata AIA Life Insurance
Overview
Tata AIA combines Tata Group trust with AIA’s global insurance expertise.
Top Selling Policy
Tata AIA Sampoorna Raksha Supreme
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹5 crore
- Options: Life cover + income
Why Choose Tata AIA?
- Trusted Tata brand
- Flexible income options
- High protection focus
7. Bajaj Allianz Life
Overview
Bajaj Allianz Life offers a diverse product range including term, ULIP, and retirement plans.
Top Selling Policy
Bajaj Allianz eTouch Term Plan
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹10 crore
- Features: Life-stage cover enhancement
Why Choose Bajaj Allianz?
- Competitive premiums
- Strong rider options
- Fast policy issuance
8. Kotak Life Insurance
Overview
Kotak Life focuses on flexible protection and savings-oriented life insurance plans.
Top Selling Policy
Kotak e-Term Plan
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹3 crore
- Features: Level & increasing cover
Why Choose Kotak Life?
- Simple policy structure
- Strong banking ecosystem
- Good for young professionals
9. PNB MetLife
Overview
PNB MetLife offers reliable protection and retirement-focused life insurance solutions.
Top Selling Policy
PNB MetLife Mera Term Plan
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹10 crore
- Options: Income replacement
Why Choose PNB MetLife?
- Strong bank + global insurer backing
- Affordable long-term protection
10. Canara HSBC Life
Overview
Canara HSBC Life is known for disciplined underwriting and stable long-term products.
Top Selling Policy
iSelect Smart360 Term Plan
Policy Details
- Type: Term Insurance
- Entry Age: 18 – 65 years
- Coverage: Up to ₹5 crore
- Benefits: Terminal illness cover
Why Choose Canara HSBC Life?
- Bank-backed reliability
- Suitable for conservative buyers
Comparison Table: Top Life Insurance Companies in India
| Life Insurance Company | Insurer Type | Top Selling Policy | Policy Type | Entry Age | Max Life Cover | Key Strength | Best For |
|---|---|---|---|---|---|---|---|
| (LIC) | Public | Jeevan Anand | Endowment + Whole Life | 18–50 yrs | ₹40–50 Lakh | Govt-backed trust, bonuses | Conservative & long-term savers |
| HDFC Life | Private | Click 2 Protect Super | Term Insurance | 18–65 yrs | Up to ₹10 Cr | High claim settlement, flexibility | Pure protection seekers |
| ICICI Pru Life | Private | iProtect Smart | Term Insurance | 18–65 yrs | Up to ₹5 Cr | Strong brand & riders | High-income professionals |
| SBI Life | Private | eShield Next | Term Insurance | 18–65 yrs | Up to ₹2 Cr | SBI trust + affordability | Govt & PSU employees |
| Axis Max Life | Private | Smart Secure Plus | Term Insurance | 18–65 yrs | Up to ₹10 Cr | Consistent claim ratio | Families & salaried class |
| TATA AIA Life | Private | Sampoorna Raksha Supreme | Term + Income | 18–65 yrs | Up to ₹5 Cr | Tata brand, income options | Income replacement planning |
| Bajaj Allianz Life | Private | eTouch Term | Term Insurance | 18–65 yrs | Up to ₹10 Cr | Competitive pricing | Young professionals |
| Kotak Life Insurance | Private | Kotak e-Term Plan | Term Insurance | 18–65 yrs | Up to ₹3 Cr | Simple & flexible plans | First-time buyers |
| PNB Met Life | Private | Mera Term Plan | Term Insurance | 18–65 yrs | Up to ₹10 Cr | Bank + global backing | Budget-conscious buyers |
| Canara HSBC | Private | iSelect Smart360 | Term Insurance | 18–65 yrs | Up to ₹5 Cr | Stable underwriting | Conservative professionals |
Key Advisory Insights
✔ Public vs Private Insurers
- LIC → Trust, bonuses, slower service
- Private Insurers → Better flexibility, riders, faster claims
✔ Best Company by Requirement
- Maximum Trust: LIC
- Best Term Insurance: HDFC Life, Max Life
- High Coverage (₹5–10 Cr): HDFC Life, Bajaj Allianz, PNB MetLife
- Income Replacement: Tata AIA
- Affordable Premiums: SBI Life, Kotak Life
✔ Ideal Life Cover Rule
Life Cover = 10–15 × Annual Income
Common Life Insurance FAQs
Q1. Which life insurance policy is most important?
Term insurance is the most essential policy for financial protection.
Q2. How much life cover should I take?
Ideally 10–15 times your annual income.
Q3. Is LIC better than private companies?
LIC offers trust, while private insurers offer better flexibility and digital experience.
Q4. Are ULIPs better than mutual funds?
ULIPs combine insurance + investment but are better for long-term disciplined investors.
Q5. Are life insurance premiums tax-free?
Yes. Premiums qualify under Section 80C and maturity under Section 10(10D) (conditions apply).
My Advisers Recommendation
- 🥇 Best Term Insurance: HDFC Life / Max Life
- 🥇 Most Trusted: LIC
- 🥇 Best for High Cover: ICICI Prudential / Bajaj Allianz
- 🥇 Best for Income Replacement: Tata AIA
Final Professional Note
Life insurance should be goal-based:
- Protection → Term Plan
- Wealth creation → Endowment / ULIP
- Retirement → Pension Plans
For advisory platforms, policy comparison + need analysis converts far better than generic listings.
Car Insurance in India
Car insurance is a contract between the vehicle owner and an insurance company that provides financial protection against accidents, theft, natural disasters, and third-party liabilities.
In India, third-party car insurance is mandatory by law, while comprehensive insurance is strongly recommended for full protection.
Why Car Insurance Is Important
Car insurance is not just a legal requirement—it protects you from major financial losses.
Key Reasons:
- 🚔 Legal compliance (Third-party insurance mandatory)
- 💸 Protection from high repair costs
- ⚖️ Third-party injury or death compensation
- 🌧️ Coverage against floods, fire, theft, vandalism
- 🧠 Peace of mind while driving
Types of Car Insurance Policies in India
1️⃣ Third-Party Car Insurance
- Covers injury/death/property damage to third party
- Mandatory under Motor Vehicles Act
- Cheapest option
- ❌ Does NOT cover damage to your own car
2️⃣ Comprehensive Car Insurance (Recommended)
- Covers third-party + own car damage
- Covers theft, accidents, fire, natural calamities
- Add-ons available for enhanced protection
3️⃣ Standalone Own Damage Policy
- For cars already having long-term third-party cover
- Focuses only on your car’s damage
Top 10 Car Insurance Companies in India (Trusted & Popular)
1. HDFC ERGO
- Fast digital claims
- Large cashless garage network
- Excellent add-on coverage
2. ICICI Lombard
- High claim settlement reputation
- Strong roadside assistance
- Preferred for new & premium cars
3. Bajaj Allianz General Insurance
- Pan-India garage network
- Flexible add-ons
- Strong customer service
4. TATA AIG
- Tata brand trust
- Best engine protection cover
- Ideal for luxury & corporate cars
5. Reliance General
- Budget-friendly premiums
- Simple online buying
- Good for cost-conscious users
6. SBI General Insurance
- SBI-backed trust
- Affordable plans
- Popular among PSU & govt employees
7. Go Digit
- Very simple policy wording
- App-based claims
- Best for young & digital users
8. New India Assurance
- Government-owned
- Best for old cars
- Strong rural & semi-urban presence
9. United India Insurance
- Affordable third-party plans
- Strong Tier-2 & Tier-3 city network
10. Oriental Insurance
- Low premiums
- Suitable for ageing vehicles
Car Insurance Companies in India – Comparison Table
Car insurance provides financial protection against accidents, theft, natural calamities, third-party liabilities, and damages to your vehicle. All motor insurance policies in India are regulated by IRDAI, and third-party insurance is mandatory by law.
Comparison Table of Top 10 Car Insurance Companies
| Car Insurance Company | Insurer Type | Top Selling Policy | Policy Type | Key Coverage | Add-On Options | Key Strength | Best For |
|---|---|---|---|---|---|---|---|
| HDFC ERGO | Private | Motor Insurance – Comprehensive | Third-Party + Own Damage | Accident, theft, natural calamities | Zero Dep, Engine Protect | Fast digital claims | Urban & premium car owners |
| ICICI LOMBARD | Private | Car Insurance – Complete | Comprehensive | Damage, theft, liability | Zero Dep, RSA | High claim settlement | New & high-value cars |
| Bajaj Allianz General | Private | Drive Smart Car Insurance | Comprehensive | Own damage & third-party | Zero Dep, NCB Protect | Wide garage network | All-India coverage seekers |
| TATA AIG | Private | Auto Secure | Comprehensive | Accident, theft, fire | Engine Protect, RSA | Tata brand trust | Premium & corporate users |
| Reliance General | Private | Car Insurance Policy | Comprehensive | Own damage & liability | Zero Dep, RSA | Affordable pricing | Budget-conscious buyers |
| SBI General | Public-linked | Private Car Insurance | Comprehensive | Accident & third-party | Zero Dep, PA Cover | SBI trust | Government & PSU employees |
| Go Digit | Private | Digit Car Insurance | Comprehensive | Damage, theft, accident | Zero Dep, Tyre Protect | Simple & transparent | Young & digital users |
| New India Assurance | Public | Motor Insurance | Third-Party / Comprehensive | Mandatory TP + own damage | Limited add-ons | Govt-backed trust | Rural & conservative users |
| United India Insurance | Public | Motor Package Policy | Comprehensive | Damage & liability | Basic add-ons | Wide branch presence | Tier-2 & Tier-3 cities |
| Oriental Insurance | Public | Private Car Package | Comprehensive | Accident & TP cover | Limited add-ons | Affordable premiums | Older vehicles |
Top Selling Car Insurance Policy – Key Details (Common)
🔹 Policy Type
- Third-Party Only (Mandatory by law)
- Comprehensive (Recommended)
🔹 Eligibility
- Private cars (new & used)
- Owner must be a valid RC holder
- Vehicle age: Up to 15 years (varies by insurer)
🔹 Common Benefits
- Third-party liability cover
- Own damage cover (accident, fire, theft)
- Personal Accident cover (₹15 lakh mandatory)
- Cashless repairs at network garages
🔹 Premium (Indicative)
- Third-Party: ₹2,000 – ₹6,000/year
- Comprehensive: ₹5,000 – ₹25,000/year
(depends on car value, city, engine cc, add-ons)
Popular Add-Ons Explained (Very Important for Users)
- Zero Depreciation – No parts depreciation deduction
- Engine Protection – Covers water/flood damage
- NCB Protection – Keeps no-claim bonus intact
- Roadside Assistance (RSA) – Towing & breakdown help
- Return to Invoice (RTI) – Full car value in total loss
Common Car Insurance FAQs
Q1. Is car insurance mandatory in India?
Yes. Third-party insurance is legally mandatory.
Q2. Which car insurance is best?
Comprehensive car insurance with Zero Dep add-on is best.
Q3. Can I change car insurance company?
Yes. You can switch insurers at renewal and retain NCB.
Q4. What is IDV?
Insured Declared Value – current market value of your car.
Q5. Is cashless repair available?
Yes, at network garages of the insurer.
My Advisers Recommendation
🥇 Best Overall
- HDFC ERGO
- ICICI Lombard
🥇 Best Budget Option
- Reliance General
- SBI General
🥇 Best Digital Experience
- Go Digit
🥇 Best for Old Cars
- New India Assurance
- Oriental Insurance
Top Selling Car Insurance Policy
✔ Comprehensive Car Insurance with Add-Ons
Why most users prefer it:
- Covers own car damage + third-party
- Better claim value
- Peace of mind
Important Add-Ons Explained (Very Important Section)
| Add-On | Why It Matters |
|---|---|
| Zero Depreciation | No deduction on parts during claim |
| Engine Protection | Covers water/flood damage |
| Return to Invoice (RTI) | Full car value in total loss |
| NCB Protection | Keeps your No Claim Bonus |
| Roadside Assistance | Towing & emergency help |
👉 Tip: Zero Dep + Engine Protect is a must for new cars.
Car Insurance Premium Explained
Premium depends on:
- 🚗 Car’s IDV (market value)
- 🏙️ City (metro / non-metro)
- 🔧 Engine capacity
- 📅 Car age
- 🎁 Add-ons selected
- 📉 No Claim Bonus (up to 50%)
Approximate Premium Range
- Third-Party Only: ₹2,000 – ₹6,000/year
- Comprehensive: ₹5,000 – ₹25,000/year
How to Choose the Best Car Insurance (Step-by-Step)
1️⃣ Always choose Comprehensive policy
2️⃣ Add Zero Depreciation (especially if car < 5 years)
3️⃣ Check cashless garage near your area
4️⃣ Compare claim settlement experience, not just premium
5️⃣ Renew on time to avoid inspection & NCB loss
Final Words for Users
Car insurance should protect your finances, not just fulfill legal compliance.
Always evaluate:
- Coverage
- Claim support
- Add-ons
- Garage network
This guide is designed to help users make confident decisions, not confuse them.
How the Process Works
Getting insured with My Advisers is simple and transparent:
- Free Consultation: Share your insurance needs with our expert advisor.
- Policy Recommendation: We shortlist the best insurance options tailored to your needs.
- Documentation & Onboarding: Hassle-free paperwork and onboarding process.
- Support & Claims: We stay with you even after the policy is issued—right through claims and renewals.
Why Insurance Matters More Than Ever
- Financial Protection: Avoid out-of-pocket expenses in emergencies.
- Peace of Mind: Knowing you’re covered helps reduce stress.
- Tax Benefits: Enjoy deductions and savings on premiums paid.
- Future Planning: Build a secure foundation for your family or business.
Get Insured with Confidence – Contact My Advisers Today
Whether you’re buying your first policy or reviewing existing coverage, My Advisers is your one-stop solution for trusted insurance services. We provide expert insights, end-to-end support, and unmatched service quality that ensures peace of mind.
Reach out to us now and safeguard what matters most.
Contact Details:
- Website: https://myadvisers.net
- Email: 4myadvisers@gmail.com
- WhatsApp: +91 8250452257
- Blog: https://2myadvisers.blogspot.com
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