📍PHD House, Sector 31-A, Chandigarh
📞9872804694 | OTP2-4662688
🕐Mon-Sat · 10:00 AM - 7:00 PM
📍PHD House, Sector 31-A, Chandigarh
📞9872804694 | OTP2-4662688
🕐Mon-Sat · 10:00 AM - 7:00 PM
📍PHD House, Sector 31-A, Chandigarh
📞9872804694 | OTP2-4662688
🕐Mon-Sat · 10:00 AM - 7:00 PM
INSURANCE SOLUTIONS — INDIA

Protect What
Matters Most.
Insure for Life.

From term life and health insurance to motor, home, and ULIP plans — we help Indian families build a complete insurance shield so life's uncertainties never derail your financial future.

Life CoverHealth ProtectionTax SavingsFamily Security

INSURANCE QUICK FACTS — INDIA

India's insurance penetration

4.2% of GDP

Global avg: 7%

Households with health cover

Only 37%

Huge protection gap

Term cover for ₹1 Cr (age 30)

~₹600/mo

Less than ₹20/day

80C + 80D tax savings

Up to ₹2.5L

On insurance premiums

Avg hospitalisation cost

₹4–8 lakh

Metro cities, 2024

WHY INSURANCE

Insurance is Not an Expense. It's a Promise.

A single uninsured event can wipe out decades of savings. Insurance is the foundation every financial plan must rest on.

Income Replacement

If the breadwinner passes away, term insurance replaces years of lost income — ensuring the family's lifestyle continues.

Medical Cost Protection

A single hospitalisation can cost ₹5–20 lakh. Health insurance prevents medical emergencies from derailing your finances.

Liability Coverage

Motor & home insurance protects you from third-party legal liabilities — mandatory and financially critical.

Tax Savings

Life insurance premiums (80C) and health insurance premiums (80D) offer combined deductions of up to ₹1.5 lakh + ₹1 lakh.

Business Continuity

Keyman insurance, group term, and group health plans protect businesses from the financial impact of losing key personnel.

Peace of Mind

Insurance is not an expense — it is a financial guarantee that your loved ones will be taken care of, no matter what.

OUR INSURANCE RANGE

Complete Insurance Solutions for Every Need

Term Life Insurance

Pure Protection Plan

Most Essential
Coverage: ₹50 lakh – ₹5 crore+
  • Highest life cover at lowest premium
  • Cover till age 99 options available
  • Critical illness rider add-on
  • Waiver of premium on disability
  • IRDA-regulated — tax-free death benefit (Sec 10(10D))
  • Online term plans: LIC, HDFC Click2Protect, ICICI iProtect

Health Insurance

Mediclaim & Critical Illness

Most Needed
Coverage: ₹5 lakh – ₹2 crore
  • Individual, floater & senior citizen plans
  • No-Claim Bonus up to 100% of sum insured
  • Cashless at 10,000+ network hospitals
  • Pre & post hospitalisation (60 / 90 days)
  • Section 80D deduction up to ₹1 lakh
  • Top-up & super top-up for large coverage

Endowment & Money-Back

Savings + Protection

Traditional
Coverage: Guaranteed + Bonus
  • Guaranteed maturity benefit on survival
  • Money-back: periodic payouts during policy term
  • LIC Jeevan Anand, New Endowment, Jeevan Labh
  • Bonus accrual (Simple Reversionary + FAB)
  • Loan facility against policy
  • Section 80C deduction on premium paid

ULIPs

Unit Linked Insurance Plans

Market Linked
Coverage: Market + Insurance
  • Market-linked returns with life cover
  • Switch between equity/debt/balanced funds
  • Lock-in of 5 years (IRDA regulation)
  • Tax-free maturity under Sec 10(10D)*
  • Premium waiver rider on death / disability
  • Best for long-term wealth + protection goals

Motor Insurance

Car & Two-Wheeler

Mandatory
Coverage: 3rd Party + Own Damage
  • Third-party cover: legally mandatory in India
  • Comprehensive: own damage + theft + natural calamity
  • Zero Depreciation add-on: full claim without deductions
  • Roadside assistance & engine protection riders
  • No-Claim Bonus: up to 50% discount on renewal
  • Instant policy issuance — Bajaj, HDFC Ergo, ICICI Lombard

Home & General Insurance

Property, Travel & More

Asset Protection
Coverage: Asset Value Based
  • Home insurance: fire, flood, earthquake, theft
  • Structure + contents coverage options
  • Travel insurance: medical, trip cancellation, baggage loss
  • Personal accident insurance (PA Cover)
  • Pradhan Mantri Fasal Bima for farmer clients
  • Cyber insurance — growing need in digital India
COVERAGE ADEQUACY GUIDE

Are You Adequately Insured?

Most Indian families are dangerously under-insured. Use this reference to check your coverage gap.

Insurance TypeMinimum CoverRecommended CoverHow to Calculate
Life10× annual income15–20× annual incomeHuman Life Value Calculator
Health (Self)₹5 lakh₹10–25 lakhCity-based cost index
Health (Family)₹10 lakh floater₹25–50 lakhFamily floater + top-up
Critical Illness₹25 lakh₹50 lakh+Treatment cost estimate
Motor (4W)3rd Party onlyComprehensive + Zero DepIDV calculator
Personal Accident₹25 lakh₹50 lakh+Annual income × 5

* Covers are indicative. Actual requirement depends on lifestyle, liabilities, location, and family structure. Consult your advisor.

LIFE EVENTS THAT TRIGGER INSURANCE REVIEW

Review Your Insurance When Life Changes

Marriage — add spouse to health floater, increase term cover

Birth of child — increase life cover by ₹50–75 lakh minimum

Home loan — term cover should equal outstanding loan + income replacement

Job change — employer group cover lapses; buy personal health immediately

Salary hike — upgrade health cover, add critical illness rider

Parents turning 60 — buy senior citizen health policy with OPD cover

Starting a business — add keyman insurance + business liability cover

Retirement — shift to annuity-linked plans and long-term care cover

THE SAHAYAK INSURANCE REVIEW PROCESS

01

Existing Coverage Audit

We map all current policies — life, health, motor, and other — and identify gaps and over-laps.

02

HLV & Need Analysis

Calculate Human Life Value, health cost estimates, and liability coverage needed for your family.

03

Recommend Right Products

Unbiased recommendations from leading IRDA-regulated insurers — no product push.

04

Claim Support for Life

We assist with renewals, policy changes, and most importantly — claims settlement support.

FAQS

Common Insurance Questions

🛡️

Get Your Family's Insurance Reviewed — Free

Most families discover they are under-insured only after a crisis. Don't wait. Get a no-obligation insurance audit from our IRDA-certified advisors today.

Sahayak Associates
Your Personal CFO

Helping 2000+ families across India build lasting wealth through expert financial guidance.

Services

Contact Us

Address
PHD HOUSE, First Floor
PHD Chamber of Commerce and Industry
Dakshan Marg, Sector 31-A
Chandigarh - 160030, India
Phone
0172-4662688
+91-98882-20088
+91-98728-04694
Email
info@sahayakassociates.in
© 2025 Sahayak Associates
SEBI Reg. ARN-XXXXXAMFI CertifiedNJ Wealth Partner