Insurance Services

ProAct Financial Services is a leading insurance service provider. To serve our clients better, we draw upon our knowledge and experience in predictive modelling. We assure clients to provide the best possible insurance protection according to their requirements. Our service will demonstrate our care towards our clients. We continuously strive to get the best coverage for all term plans, Health Insurance, Car insurance, and Life insurance that matters the most in life.

Life Insurance :

ProAct serves individuals with appropriate Life Insurance Plans to safeguard against any financial loss resulting from the insurer’s unfortunate demise, thus providing you and your family the required financial security and support to handle the aftermath of unforeseen circumstances.

Life Insurance provides a plethora of benefits both in terms of financial instrument savings and security. Therefore, life insurance can be a significant asset to possess irrespective of the circumstance.

As a reliable Insurance solution provider, we deal with all Insurers – both from the public and private sectors. In addition, we provide all term plans from leading insurance providers:
● LIC
● Kotak Mahindra
● ICICI
● Aditya Birla
Term Plans
Term insurance is one of the prominent insurance plans. During the time frame in which the policy is in force, the insurer pays a certain premium amount to the insurance service provided at regular intervals.
Pension Plans
Pension Plans are a better way to secure your retirement life. Pension plans foresee financial stability and peaceful life during your old age. These plans are most suited for people who look to make a secured future and enjoy the best things in life, even at retirement.
Children Plans
Children plans are an excellent method to let your child pursue a degree of their choice or a management degree abroad. In addition, investing in a children insurance plan will equip you to bear their educational or marriage expenses.

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General Insurance :

Health Insurance
Health Insurance refers to plans and decisions to invest in a health insurance policy to achieve specific health care goals. A suitable health care policy can benefit in several ways. First, it defines a strong vision for the future by establishing short-term and long-term references. Second, it highlights the priorities and covers a part or whole part of the risk of an insurer and their family by incurring medical expenses.

We at ProAct provide a plethora of health insurance plans that suit the individual’s health care needs. We provide various health insurance policies from multiple service providers to cover your medical expenses and support during our challenging times. One of the key benefits of health insurance is the facility for cashless treatment that enables you to start treatment without worrying about the cash.

Why do you need Health Insurance?
Healthcare costs are increasing at a rate of 20% every year, double the inflation rate. Therefore, the requirement for adequate health care and medical coverage attains higher significance. The hospital bill may not shock or trouble you unless you have insurance back up.
There are some beneficial perks of insurance plans:
1. Inpatient treatment: It covers the expenses of the room rent, medicines, ICU charges, and other related expenses
2. Pre-hospitalization medical charges: The medical expenditure incurred before 30 days of hospitalisation can be incurred
3. Post-Hospitalization: Certain health insurance plans incur the medical cost incurred 60 days after discharge from the hospital.

Car insurance :

Car insurance is mandatory in India, in particular the third-party liability cover. The insurance gives protection that saves you from significant financial loss in case of any unfortunate theft or damage leading to partial or total loss of your vehicle. In general, there are two types of insurance plans: Third-party liability and comprehensive cover. The third-party liability cover is a mandatory one.

Type of Coverage
● Accidents
● Fire
● Theft
● Third-party losses
● Calamities
● Bike owner cover

Third-Party Policy
A third-party policy is a mandatory plan that protects the insurer from claims that arise from a third party. For example, in case of an accident and the insurer’s car is at fault, this coverage will pay for the fiscal liability and helps in handling the legal repercussions due to the accident.

Package Policy
A comprehensive or package policy covers loss or damage to the vehicle insured apart from all the coverage provided by a third-party policy. Though it is a non-compulsory plan, it is beneficial over third-party coverage. It pays in case of damage to the vehicle caused by theft, accident, explosion, fire, lightning, self-ignition, strikes, riots or acts of terrorism, natural calamities, etc.

Insurance Services