Protect your family with BimaShield - We Care's, We Insure's

Keep your family healthy and protected with BimaShield. We offer a range of health insurance policies to cover your family's medical needs.

Term insurance is a type of life insurance plan that offers coverage for a fixed time period, i.e., called the policy term and pays a death benefit to your nominees/beneficiaries in case you die during the policy term. It is a best way to ensure that your family gets financial support in case of your absence. Let's discuss the term insurance definition and meaning in detail:

Motor insurance or vehicle insurance covers various vehicle types, including cars, two-wheelers, trucks, autorickshaws, and electric vehicles (EVs). It safeguards you against third-party liabilities arising from an accident involving your insured vehicle. Moreover, a motor insurance policy provides financial coverage for damages to your own vehicle from accidents, natural disasters, theft, and fire. In India, you should have at least third-party motor insurance to drive legally in public spaces.

Marine insurance covers loss or damage during the transfer of property from origin to destination, including ships, goods, terminals and various transportation modes. Cargo insurance is a subset of marine insurance, which also encompasses onshore and offshore exposed property (like container terminals, ports, oil platforms, and pipelines), hull, marine casualty, and marine liability. The coverage spans from the carrier's departure to its arrival. Apart from sea, marine insurance covers loss or damage through rail, road and air as well.

Protect your family's financial future with BimaShield. Our life insurance policies provide a safety net in case of an unexpected event.

Fire insurance safeguards property against losses or damages resulting from fire incidents. It protects individuals and businesses from the financial impact of property damage or destruction caused by fire and allied perils. Investing in a fire insurance policy can reduce the financial burden of repairing, replacing, or rebuilding property after a fire.

Protect your home and your family with BimaShield. Our comprehensive home insurance coverage safeguards your home against unexpected damage or loss.

A cancer insurance policy gets activated as soon as a person is diagnosed with cancer. The insurer pays a lump sum amount equivalent to the sum insured on the diagnosis of the disease. The amount can be used to cover the treatment cost of cancer or compensate for the loss of income. Moreover, the claim amount is usually payable at various stages of diagnosis, including minor, major and critical stages. However, cancer insurance policies do not offer death, maturity or surrender benefits. Moreover, the policyholder cannot file a claim within the first 90 days (usually the stipulated waiting period for cancer insurance in most policies).

Group health insurance, also called corporate health insurance, extends coverage to the employees of an organization. The group medical policy covers relevant pre-hospitalization, post-hospitalisation expenses, pre-existing diseases, etc.

Shop Insurance provides coverage for a shop's contents and property. This policy provides financial aid to a shop owner in case of theft, burglary, natural calamity, etc. By protecting both the business and its assets, this policy provides essential protection to the shopkeeper against unforeseen mishaps.

Contractors All Risk Insurance provides comprehensive protection for construction projects from the moment materials are unloaded at the project site. It protects againstproperty damage, third-party injuries, and equipment loss caused by events like fire, theft, or natural disasters. It also protects against project delays due to unforeseen circumstances like material shortages, labour strikes, etc, ensuring continuous coverage throughout the construction lifecycle

Workmen Compensation Policy covers the legal liabilities of the employer by offering financial compensation to their workforce as per the Workmen Compensation Act of 1923. The WC policy provides insurance benefits to the employees in case of work-related injuries or mishaps.