Insurya Consulting Pvt. Ltd.

Child Insurance Plans

Child Insurance

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Child Insurance Plan

Seeing your kid(s) grow into a smart and bright young individual(s) is one of the most satisfying experiences for any parent.There is nothing more joyous than to see your children taking the flight of success after you have taken countless measures to ensure that they get the best of everything. All this requires financial support.

Guaranteed* Tax Free2 Returns

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Income Benefit^ with Life Cover

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Tax Benefits2

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Choice of Variants

Seeing your kid(s)

Grow into a smart and bright young individual(s) is one of the most satisfying experiences for any parent. There is nothing more joyous than to see your children taking the flight of success after you have taken countless measures to ensure that they get the best of everything. All this requires financial support.

Financial Planning

Then becomes a crucial part of parenting. Child plan is an apt financial tool that provides a combination of protection and wealth creation to ensure a secure future for your child.

Education

And marriage are two primary milestones of a child’s life. Depending on how early you start planning for your child’s future, the key milestones would include school admission

Channeling

A child plan, by channeling your savings builds a steady corpus that can be used to finance your child’s life goals. The life cover attached to it ensures that the financial needs of your child are also taken care of, even if something happens to you.

Watch Your Child

Soar the heights of success with a little support from Insurya Consulting Child Plans.

Benefits Description
Support for Child’s Future Plans All of us want the best education possible for our kids, whether in India or abroad. However, the cost of both school and higher education is increasing with every passing day. Child plans help you in meeting the education expenses of your children. Besides education, we also plan for their marriage and to support them beyond marriage, if required. You may want to go for a child plan that ensures cash flow to meet all such needs.
Financial Security Child plans provide financial security during the growing years of your child. Covering the earning parent’s life is a crucial part of savings for children as it ensures there is sufficient fund and cash flow for the education and other future expenses even if something untoward happens to the parent.
Systematic Savings Regular and disciplined investment over a period of time helps you accumulate large amounts which is crucial to meet long-term goals. Typically, child plans leverage this and come with a timeframe which are aligned to the Life Goals of your child for better returns.
Tax Benefit Child plans provide tax benefits under Section 80C and Section 10(D) of Income Tax Act, 1961 subject to the provision stated therein. The premium paid is eligible for tax benefit under Section 80C, and Maturity or Death benefit and surrender value give you tax benefit under Section 10(10D) of the Income Tax Act, 1961.

Health Companion

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Track, Manage & Thrive with Your All-In-One Health Companion

From fitness goals to medical records, manage your entire health journey in one place–track vitals, schedule appointments, and get personalised insights

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Take Charge of Your Health & Earn Rewards–Start Today!

Be proactive about your health–set goals, track progress, and get discounts!

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Your Personalised Health Journey Starts Here

Discover a health plan tailored just for you–get insights and achieve your wellness goals

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Your Endurance, Seamlessly Connected

Experience integrated health management with us by connecting all aspects of your health in one place

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What Our Customers Say

Cashless Claims

Excellent service for your mediclaim cashless customers during COVID. You guys are true COVID warriors, helping patients by settling claims during these challenging times.

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Arun Sekhsaria

Mumbai

4.5

29th May 2021

Instant Renewal

I am truly delighted by the cooperation you have extended in facilitating the renewal of my Health Care Supreme Policy. Thank you very much.

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Vikram Anil Kumar

Mumbai

4.5

27th Jul 2020

Quick Claim Settlement

Good claim settlement service, even during the lockdown, has enabled me to sell the Insurya Consulting Health Policy to more customers.

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Prithbi Singh Miyan

Pune

4.5

27th Jul 2020

Instant Policy Issuance

Very user-friendly. I got my policy in less than 10 minutes.

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Jaykumar Rao

Bhopal

4.7

25th May 2020

Smooth Process

The online health insurance policy renewal on your website is excellent, user-friendly, and smooth.

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Rama Anil Mate

Pune

5

25th May 2019

Customer Support

Insurya Consulting’s executive has provided extreme support and would like to appreciate the same. Kudos.

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Suresh Kadu

Nagpur

5

25th May 2019

FAQs

What is the best time to buy a child plan?

Preferably, you should purchase a child plan immediately after the birth of your child. The sooner you buy a child plan, the higher the investment period, so you get more time to benefit from power of compounding.

If both the parents are working, who should ideally buy a child plan?

The primary earning parent should purchase the child plan. This means that the parent whose untimely death is likely to cause more financial distress and derail the child’s future plans should buy a child plan.

What is the ideal policy term/premium paying term for a child plan?

The policy term or premium paying terms depends on the age of the child and in the time frame in which he/she would require the funds to realize his/her dreams.

What are the tax benefits of a child plan?

The premium paid towards the child plan is eligible for income tax deductions of up to ₹ 1.5 lakh under Section 80C of the Income Tax Act, 1961. The maturity or death benefits are also exempted from income tax under Section 10D of the Income Tax Act, 1961.

Why is medical insurance necessary for your health?

Medical insurance provides financial protection against unexpected medical expenses, ensuring access to quality healthcare without depleting your savings.

How many dependent members can I add to my family health policy

You can add your spouse, children, parents, and other dependents as per the policy terms, ensuring comprehensive family coverage.

Why should you compare health insurance plans online?

Online comparison helps you find the best plan that suits your needs and budget, offering a clear understanding of coverage and benefits.

Why should you never delay the health insurance premium?

Delaying premiums can result in policy lapse, losing coverage benefits and financial protection, and may lead to difficulties in renewing the policy.

How to get a physical copy of your Insurya Consulting General Insurance

Request a physical copy from the insurer or take a printout of the digital policy document received via email.

Is there a time limit to claim health cover plans?

Claims should be made within the stipulated time as per the policy terms to avoid rejection and ensure timely processing.

What exactly are pre-existing conditions in Health Insurance?

Pre-existing conditions are medical conditions you had before buying your Individual Health Insurance plan. Coverage for these might require waiting periods or exclusions. Be transparent about your health history.

How is the insurer going to pay my hospital bills?

Insurers cover hospital bills through reimbursement (you pay upfront and get reimbursed later) or cashless hospitalisation (insurer settles bills directly with network hospitals).

Are there any tax advantages to purchasing Health Insurance?

Individual Health Insurance premiums often qualify for tax deductions under Section 80D of the Income Tax Act (India).

Why should I need Personal Medical Insurance?

Personal medical insurance offers financial protection against unexpected medical expenses due to illness, accidents, or hospitalisation. It provides peace of mind and safeguards your savings.

How do I go about renewing health insurance plans?

Don’t stress the small things in life! The easiest and quickest way to renew your life insurance policy is by doing it online. Topping up your health cover gives you freedom from worrying about heavy medical expenses.

How is the health insurance renewal premium calculated?

We know that reading through the ponderous terms and conditions section of a health insurance policy isn’t always easy. So, here is the quick answer. Your renewal premium is calculated based on your age and coverage. As always, you can put the power of compounding to good use by investing in health insurance as early as possible.

Can I renew my expired health insurance policy?

Yes, of course. Life can get really busy and even things as important as renewing your health insurance plan can get side-lined. With Insurya Consulting, we turn back the clock to give a grace period where you can renew your expired policy. For 30 days from the expiry date, you can still renew your health cover with ease. Now, you can run the race at yo

Can I renew health insurance online?

Absolutely! All you have to do to renew your health insurance is click or tap a few times! You can definitely renew health insurance policies online and also buy new policy for your family & friends click here to know more.

Will I be able to transfer my health insurance policy from another pro

Yes, as per IRDAI regulations, insurance portability between providers is allowed. This also includes transfer of benefits like Cumulative Bonus and credits relating to waiting period for pre-existing diseases.