*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Liberty Insurance Company is headquartered in Boston, Massachusetts, USA. The company has worldwide representation in several countries and owns wholly or in part local insurance companies.
Liberty Insurance Company has over 50,000 employees, which are spread all over the globe and had a net income of approximately US $17 million in 2017.
They offer a wide range of products including personal automobile, homeowners, commercial automobile, general liability, workers' compensation, global specialty, group disability, fire, and surety.
The company has a national headquarter located in the commercial hub of Mumbai city and has 90 offices across the country. This company has bagged many awards including “Rising star Insurer” title at the Indian Insurance Awards, “Employer of Choice" by Excellence Awards as well as other awards. In India, the company provides insurance cover for cars, two-wheelers, health, Individual personal accidents, and commercial insurance.
This policy covers you financially in case of an unfortunate accident while driving or even when you are parked. It gives you peace of mind and protects your car and you against:
Some key features of this policy include:
Policyholders are strongly advised to read the policy documents for exceptions and exclusions in the policy.
Two-wheeler owners can select one of the two types of policies offered by Liberty Insurance
Under this policy, the following is covered:
Unlike other standard policies, this unique policy is offered by Liberty General Insurance to cover the two-wheelers for two or three years. The main purpose of this is to reduce the risk of inadvertently forgetting to renew your policy, which means that your policy has lapsed and you are no longer cover. This reduces the hassles of renewing your policy. As a policyholder, you have to make just one payment to cover the extended period.
Under this plan, the insurance company will indemnify the insured against loss or damage to the vehicle and its accessories due to natural and man-made events like:
It is advisable to read the policy document term and conditions and especially the exception and exclusion clauses.
If you are cost-conscious, then you should buy the third party plans which are economically priced. These policies are designed to cover against expenses arising from third-party claims.
In the case of a comprehensive long term, two-wheeler covers an expansive range of events. This can include vehicle damage protection, personal accident cover as well as the third-party cover.
What you decide depends on how much you want to spend and what is the coverage you need.
Liberty Insurance offers a range of health insurance products to cater to different requirements of the policyholder. Medical insurance plans include
The Liberty Health Insurance provides cashless treatment in their network of over 4000 designated partner hospitals.
This is a unique service by the company where the insured person(s) can log on to the portal (with passwords) and schedule a live chat with a practicing doctor to discuss any health issues.
When you buy a health insurance policy you are entitled to get a tax deduction on your income tax under Section 80D of the Income Tax Act, 1961. The annual deduction is Rs 15,000 for payment of premium for self, spouse, and dependents. The tax-deductible for senior citizens is Rs 20,000 per annum.
*Tax benefit is subject to changes in tax laws
Keeping your place of work safe and free of mishaps is your priority. However, some times accidents happen. Employees are injured or machinery breaks down - requiring extensive repairs and heavy expenses. Business owners have to reduce the risks by insurance employees against sickness, injury or even death. They also need to insure their capital goods and property against damages and accidents. This policy is not only recommended but now it is also mandatory. Liberty Insurance offers expert advice and recommends a solution that is suitable for your business. Some of the policies included in it are:
Apart from providing insurance cover for various circumstances, the company had a “Research Institute for Safety” where studies were conducted on the occupational safety and health of workers in various industries. It has set up guidelines for machine safeguarding to protect workers from accidents. It developed the Workplace Safety Index which lists out the leading causes of most disabling injuries. They also conduct field and lab experiments to study the causes of work-related injuries and disability arising from these injuries.
Although the institute closed down in 2017 - the studies, recommendations and other scientific literature published by the institute are available to the policyholders to implement it and enhance worker safety.
Liberty General Insurance has a customer care center that is managed by courteous and helpful agents. They are available from 8 AM to 8 PM every day, 7 days a week.
The growing population of various kinds of vehicles on the road and the driving indiscipline of the drivers cause a majority of the accidents - accidents that can be avoided, if people become more careful and patient while driving. Our streets are also getting more congested and smog is a regular feature. This leads to health problems that land you in the hospital. Our food is contaminated and most of the fertilizers are toxic and harmful.
We live in a dangerous era and everyone’s priority should be to insure themselves, family members, assets and possible liabilities that you may encounter in your life. Insurance is not an expense!