Life Insurance Plans in India : MOSL

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Why Insurance?

Risk and Financial Protection

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Insurance is there to provide protection for yourself, your investment and your business. Disaster could take any form; car breaks down, roof leaks, a major home fire, an automobile accident that leads to a legal action and someone in the family becomes ill.Insurance gives you peace of mind and you know that if anything happens to you, your family or your business that you will be financially secure.The best course of action is to prepare for the worst and hope for the best.

Achieve your financial goals with Insurance :-

You can Achieve financial goal like Retirement Planning, Child Education, Loan Security, Wealth Creation, Single Premium, Tax Savings

Why invest with us?

Motilal Oswal Insurance Brokers Pvt. Ltd is a licensed insurance broker (IRDA LICENCE NO. 457) by IRDA. We offer different kinds of insurance solutions catering to customer's insurance needs. Our experts evaluate your specific needs and study the risk profile. Based on the results of these evaluations, our experts suggest the most cost effective, integrated insurance package that is specifically suited to your risk profile. We offers a comprehensive basket of products both in life & non-life insurance space and makes exhaustive use of technology to deliver great value to customers and strive to offer its clientele an unmatched service.
  • We offer different kinds of insurance solutions catering to customer's insurance needs.
  • Our experts evaluate your specific needs and study the risk profile.
  • Based on the results of these evaluations, our experts suggest the most cost effective, integrated insurance package that is specifically suited to your risk profile.
  • We offers a comprehensive basket of products both in life & non-life insurance space and makes exhaustive use of technology to deliver great value to customers and strive to offer its clientele an unmatched service.
  • Tie-ups with multiple Life & General insurance companies.

Our offerings

Term Insurance Plan

Simplest form of life insurance that stays in effect for a specified period or until a certain age of the insured. It pays the sum assured of the policy in case the insured dies within the coverage period (term) but pays nothing if he or she outlives it. Also it premium cost is low in younger years; it generally increases rapidly with the age.

Our Recommendations

Plan Features
HDFC Life Click 2 Protect Plus This online term policy provides you with four cover options: 1Life Option - Lump sum payout of Death Benefit. 2 Extra Life Option (Accidental Death Benefit) - Lump sum payout of Death benefit in addition extra Sum Assured is paid in case of death due to accident. 3 Income Option - Part of Sum Assured payable on death and the remaining payable as monthly income for 15 years. 4 Income Plus Option - Sum Assured paid on death & monthly income paid for next 10 years. The monthly Income can be chosen as Level or Increasing at 10% p.a.
You can customize your coverage by opting HDFC Life Income Benefit on Accidental Disability Rider that offers monthly Income of 1% of rider Sum Assured in the event of Total Permanent Disability due to accident for a fixed period of 10 years
ICICI I Protect Smart In case of permanent disability due to an accident, the policy continues with no further premiums to be paid
You can increase your cover amount at key stages of your life - like marriage and birth of your children.

Endowment Insurance Plan

Endowment policies are useful in meeting special lump sum needs such as college expenses or for buying a retirement home.

Our Recommendations

Plan Features
HDFC Life-Sampoorna Samridhi Plan It is a limited premium endowment plan with tax benefits under Section 80C and Section 10(10D)
Sampoorn Samridhi plus is a traditional whole life insurance plan which helps you build wealth along with providing life time coverage for your family
ICICI Pru Guaranteed Savings Insurance Plan It is a limited pay pure endowment plan with return of premium compounded at 5% per annum on death
This product allows you to enjoy the benefits of a long term savings plan ensuring that you and your family are free of any financial worries.

Money Back Insurance Plan

It provides life coverage during the term of the policy and the maturity benefits are paid off in equal installments by way of survival benefits.

Our Recommendations

Plan Features
HDFC Life Super Income Plan Choice of Plan options with various combinations of premium payment and policy term to meet your income goals
Your Regular Income comprises of Guaranteed Base Income (GBI) payouts, varying from 8.0% to 12.5% of the Sum Assured on Maturity, payable every year.
ICICI Pru Cash Advantage It is a unique savings & protection oriented plan which offers you a guaranteed amount every month for 10 years
a guaranteed lump sum at maturity, along with bonuses & life cover that provides financial security to your family in case of your death

Unit Linked Insurance Plan

A type of insurance vehicle in which the policyholder purchases units at their net asset value  and also makes contributions toward another investment vehicle. Unit linked insurance plans allow for the coverage of an insurance policy, and provide the option to invest in any number of qualified investments, such as stock, bonds or mutual fund

Our Recommendations

Plan Features
HDFC Life Click to Invest Zero allocation charges & 8 different fund options to invest your money
Flexible premium payment terms & frequesncies
ICICI Pru Guaranteed Wealth Protector Offers the potential for high returns, by investing a portion of your money in equity, while also providing the dual assurances of Assured benefit# & life cover
Get rewarded for staying invested with Loyalty Additions & Wealth Booster

Health Insurance

Insurance coverage that covers the cost of an insured individual's medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider

Our Recommendations

Plan Features
Reliagre Care Cashless treatment at 4600+ hospitals & Daily allowance
Get health check-ups for insured members, every year
TATA AIG Medi Prime Pre and Post Hospitalization Medical Expenses related to hospitalization - 30 days immediately before hospitalization and 60 days immediately after discharge
Ayush Benefit: Coverage for Non-allopathic in-patient treatments like Ayurvedic, Unani or Homeopathy

Personal Accident Policy

A personal accident policy is recommended to individuals not only to protect their families in the event of accidental death (which life insurance already does), but also to cover disablement, leading to loss of earning capacity, at competitive premium rates

Our Recommendations

Plan Features
Reliagre Secure Compensates for Accidental death, also covers Permanent total / partial Disablement
Child education also covered
TATA AIG Individual Personal Accident Insurance We offer lifelong renewal provided premium is paid without any break
This plan can be taken in multiple units of Rs. 5 lacs up to Rs. 1 crore.

Car Insurance

A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Instead of paying out of pocket for auto accidents, people pay annual premiums to an auto insurance company; the company then pays all or most of the costs associated with an auto accident or other vehicle damage.

Our Recommendations

Plan Features
Bajaj Allianz Car Insurance Bajaj Allianz's preferred garages give you access to hassle-free inspection and bring to you high service standards
Towing Facility in an event of a vehicle breakdown/accident
ICICI Lombard Car Insurance Now, get daily allowance when your car is in the garage with our Garage Cash Cover
Accidental cover facility for co-passengers up-to Rs. 2 Lac

Liability Insurance

Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy.

Our Recommendations

Plan Features
TATA AIG Public Liability Insurance Public Liability Insurance offers cover for third party liabilities (Bodily Injury / Property Damage) arising out of the premises and operations of the Insured and legal costs incurred in connection therewith
1. Public Liability Industrial Risks - For Manufacturing Units. 2. Public Liability Non Industrial Risks - For Non Manufacturing entities like IT companies, BPOs, Hotels, Schools, Restaurants and Clubs 3. Public Liability Act - For all business units handling hazardous substances as per Public Liability Act, 1991 and the rules framed there under.

Fire Insurance

A fire insurance is a contract under which the insurer in return for a consideration (premium) agrees to indemnify the insured for the financial loss which the latter may suffer due to destruction of or damage to property or goods, caused by fire, during a specified period.

Our Recommendations

Plan Features
ICICI Lombard Fire and Special Perils Policy Premium rate depends on construction of building and occupancy
Discount/ loading in premium is given based on past claims experience for risks exceeding Rs. 50 crores sum Insured at any location and installation of Fire Extinguisher Appliance

Travel Insurance

Travel insurance is insurance that is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while travelling, either internationally or within one's own country

Our Recommendations

Plan Features
Religare Travel Insurance Policy Region specific plans hence low cost, High features
Double Sum Insured in case of hospitalization due to accident.

Other offerings

Life Insurance Solutions

  • Term Insurance Plan
  • Whole Life Insurance Plan
  • Endowment Insurance Plan
  • Money Back Insurance Plan

General Insurance Solutions

  • Health insurance
  • Personal accident policy
  • Group insurance policy
  • Car insurance
  • Liability insurance
  • Fire insurance policy
  • Travel insurance policy
  • Worker's compensation

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Disclaimer : Insurance Products are offered through MOIBPL. Registration no. 457,which is the group company of MOFSL.