General Insurance

The New India Assurance Company Limited (a premier public-sector general insurance enterprise) provides non-life insurance coverage across personal, commercial, and industrial domains:

Core Consumer Insurance Offerings

  • Health & Mediclaim Cover: Includes individual, family floater, and senior citizen health plans covering in-patient hospitalization, pre- and post-hospitalization costs, day-care procedures, AYUSH treatments, and organ donor expenses.
  • Motor Insurance: Comprehensive and third-party liability insurance for private cars, two-wheelers, and commercial vehicles, protecting against accidents, theft, natural disasters, and third-party damages.
  • Property & Home Protection: Policies like Bharat Flexi Griha Raksha protect structures and contents against fire, theft, explosion, and natural disasters.
  • Personal Accident Insurance: Provides financial protection, weekly income loss benefits, and education funds for dependents in the event of accidental death or permanent total/partial disability.
  • Overseas Travel Cover: Covers emergency international medical treatment, trip cancellations, lost baggage, and passport loss for travelers, students, and business professionals.

Business & Commercial Benefits

  • Commercial & Liability Cover: Shields businesses via Directors & Officers (D&O) liability, Public Liability, Workmen’s Compensation, and Commercial General Liability policies.
  • Industrial & Transit Risk Protection: Specialized coverage for Marine Cargo, Construction Projects (CAR), Machinery Breakdown, and Fire & Special Perils.

Key Institutional Strengths

  • Sovereign-Backed Security: As a 100% Government of India–owned public sector enterprise, it carries high financial stability and reliability.
  • Expansive Local & Global Network: Operates across thousands of domestic branches and maintains an international footprint across 20+ countries.
  • Cashless Settlement Infrastructure: Strong tied network of hospitals and auto garages across India for seamless claim processing.

Contact S P SAKHARE FINSERV on: +91 9822547682