Insurance Policy

We care about our customers, and it shows.

Insurance solutions you can feel confident about.

We have insurance options to help protect what's most important in your life.

Life Insurance

Life Insurance

You’ve worked hard to build financial security for your loved ones. That’s worth protecting—with life insurance. We’ll guide you through your options and point out features that can be tailored to your needs. Contact us to find out if accelerated underwriting is available. In some cases, it’s possible to be approved in just a few days—with no medical exam required.

Generally, the most affordable option. You’re covered for a set number of years. During that period, if you pass away, the contract pays a death benefit.1 You pay the same premium for the duration you select.

Length

10, 15, 20 or 30 years.

Premiums

Locked in for the term period you select.

Cash value

None.

Dividends

Sometimes

Insurance Policies that fits you

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  • ✔ Checking your rates won’t affect your credit score
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  • ✔ No hidden charges
Life Insurance

Health Insurance

Health insurance or medical insurance is an agreement wherein Mystic Moneymart agrees to compensate the insured for the medical and surgical expenses incurred during the policy tenure. The medical expenses may incur if the insured falls ill, or meets an accident that leads to hospitalisation of the insured. To be eligible to avail coverage benefits under the policy, the policyholder is required to pay a specific amount periodically, known as premium. Health insurance premium is decided by an Mystic Moneymart and policyholders are required to pay the same on a monthly, quarterly, half-yearly, or yearly basis, without any lapse, to avoid losing the renewal benefits..

Generally, the most affordable option. You’re covered for a set number of years. During that period, if you pass away, the contract pays a death benefit.1 You pay the same premium for the duration you select.

Length

10, 15, 20 or 30 years.

Premiums

Locked in for the term period you select.

Cash value

None.

Dividends

Sometimes

Benefits Of Health Insurance Policy

Cashless Treatment: If you are insured, you can get cashless treatments as your insurance company would work in collaboration with various hospital networks.

Pre and post hospitalization cost coverage: Insurance policy also covers pre and post hospitalization charges up to the period of 60 days, depending on the insurance plans purchased.

Transportation Charges: Insurance policy also covers the amount paid to ambulance towards the transportation of insured.

No Claim Bonus (NCB): This is the bonus element which is paid to the insured if the insured does not file a claim for any treatment in the previous year.

Medical Checkup: Insurance policy also provide options for health checkups. Free health checkup is also provided by some insurers based on your previous NCBs.

Tax Benefit: Premium paid on Health insurance is tax deductible under section 80D of the Income Tax Act.

Room Rent: Insurance policy also covers room expenses depending on the premium being paid by the insured.

Life Insurance

Car Insurance

Affordable premiums, easy renewals, quick claim settlement are some of the key features of our car package insurance policy. We also have a set of certified workshops that provide digital surveyE for speedy claim processing, pick-up and drop, sanitisation of high touch points on your car, dedicated customer service manager and quality assuranceE on repairs. Besides, we also offer unique additional covers at a nominal extra premium that can significantly boost your car insurance plan. By opting for add-ons in a car insurance policy, you can save a lot of money in repairs.

Generally, the most affordable option. You’re covered for a set number of years. During that period, if you pass away, the contract pays a death benefit.1 You pay the same premium for the duration you select.

Length

10, 15, 20 or 30 years.

Premiums

Locked in for the term period you select.

Cash value

None.

Dividends

Sometimes

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