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Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

We help Transforming Your Dreams into Reality

Hi, I’m Siva Elango – One of the Best Insurance Agent in Coimbatore. I’ve been into Insurance Industry for 2 Decades. So far I have served over 5 lakh people in and around Coimbatore. I run this company named “Insurance Factory” which helps you choose the right insurance plan that fits you needs. We are a team with the Best Insurance Agents in Coimbatore who can give detailed information on the leading Insurance products, pricing, benefits & the market position.

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Best Insurance Policies from top companies

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Super Talented Team to guide you in all aspects

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Future Security oriented Investment

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Proven Record for Best Services

Insurance Solutions
Making Life Happier

Insurance is investing for the Future. Our team is comprised of top insurance advisors who can make you understand new policies, benefits & help you Invest on the Best.

Plans Proposed​
People Canvased​
Active Policy Holders​
Insurance Agents in Coimbatore | Insurance Agent in Tirupur | Insurance Agent in Mettupalayam | Insurance Agent in Covai

Our Team

Elango’s Insurance Factory is not a single-hand operating organization. It is a crew of best insurance agents in coimbatore. Our team strength as of Jan 2021 is 20. We have enough resource to process your insurance documentations & policies on time without giving space for complications. Since you are with the best insurance agents in coimbatore, it’s time for you to Sit back & relax.. We will take care of you.

Insurance Factory – Team with Best Insurance Agents in Coimbatore

We’re sure that you might have came across plenty of insurance options both online and offline. Indeed, many insurance agents would have approached you and proposed different plans forcing you to take plans. But we stand out of the crowd. We don’t believe in push marketing, we don’t want to rush you in selecting insurance policy. Our general insurance agents recommend the best insurance policy by properly examining your financial standards. You can take a call on which plan is beneficial for you. You will have the space to decide on when to take policy. Our aim is to inform you about the best policies available in the market, thereby securing a good future for you and your family. There are a plethora of insurance policies available in the market such as general life insurance, health insurance, auto insurance and so on. Each of these categories serve different purposes. After identifying your needs, our team would come up with list of companies that offer insurance polices in respective cadre & also share the plus and minus of each insurer.

How to choose the Best Insurance Agents?

Best Insurance Agents always stand out from other. Insurance Agents in Coimbatore can be located without hassle as there are countless functioning in the neighborhood. When it comes to personalized services like Insurance, the one who do their job with passionate will only recognized among the public. Sharing clear & vital information about policies, reminding customers about installments on time through SMS, sending time to time updates on the status of their policy & new plans, greeting on occasions and giving full guidance in financial planning through insurance.

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Services we Offer

Get the perfect insurance plan for all your needs – along side Friendly approach & Easy policy booking procedures from the best insurance agents in Coimbatore. Glace through the variety of insurance policies that we support.

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Term Life Insurance

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Family Health Insurance

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Motor Insurance (Car/ Bike)

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Retirement Plans

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Business Insurance

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Property Insurance

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Travel Insurance

Best Insurance Agents in Coimbatore | Top Insurance Advisor in Coimbatore

Investment Plans

Insurance Companies that I serve

LIC Agents in Coimbatore

LIC - Life Insurance Corp.

When it comes to Life Insurance Corporation of India, I’m a pioneer agent in Coimbatore team. I recently got ranked as the Best LIC agent in Coimbatore (No.1 Rank in terms of Branch). LIC has proven history of settling claims at right time. So, without second opinion, you can go ahead for LIC. This Government owned company has all sorts of policy to cover your future needs & you can believe that you are in safer hands. I’m deeply proud as to be the top LIC agent in Coimbatore.

Star Health Insurance Agents in Coimbatore

Star Health Insurance​

Even though there are plenty of Insurance companies, Banks & NBFC’s do Mediclaim policies, Star Health stands as a leader in Health Insurance claims. In Coimbatore, Star Health has network with all top hospitals which can make your job easy when it comes to claim/ cashless treatment facilities. I as a Star Health Insurance Agent in Coimbatore, strongly recommend it, as I personally use for me & my family.

United India Insurance Agents in Coimbatore

United India Insurance​

United India Insurance Limited is one of the early startups in Insurance sector. It was found during 1938. UIIC Coimbatore offers variety of policies which includes Personal Accident policy, Health Insurance policy, Home Insurance policy, Overseas Travel policy, etc. I have joined as a United India Insurance Agent in Coimbatore during 2012 & so far, they have been doing good service.

Reliance General Insurance Agents in Coimbatore

Reliance General Insurance​

Reliance General Insurance is a good company to choose when it comes to General insurance, health insurance, or Motor Insurance. With 42000+ Reliance General Insurance Agents working as a cluster, it could be easy for you to get enough guidance from your neighborhood. As a top insurance agent in Coimbatore, I recommend Reliance General Insurance Company Limited for Motor & Health related insurance plans.

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Life Insurance Policy from Best Insurance Agents in Coimbatore

Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s nominee on account of insured’s death. A life insurance policy guarantees the insurer paying a sum of money to named beneficiaries when the insured policyholder dies, in exchange for the premiums paid by the policyholder during their lifetime.

What is Life Insurance?

Life Insurance acts as financial protection for your family in case of your death or a payment made to you on surviving the policy term. In return for this payment, you make periodic fixed payments to the life insurance company.

Why life insurance is important?

Life Insurances helps you financial support in terms of need, especially for your family in case of your absence. Here are reasons why life insurance is important.

  • Meet your family’s needs
  • Protect Your Business
  • Settle The Debts
  • Support Your Retirement Plan
  • Get Tax Benefits
  • It forces you to save for the future
  • Helps you meet educational expenses
  • Improves your financial security

What life insurance covers?

Life insurance covers natural and accidental death, murder, and suicide with rare exceptions. It provides financial protection to your beneficiary.

What is not covered by life insurance?
If you die while committing a crime or participating in an illegal activity, the life insurance company can refuse to make a payment.

How life insurance work?

Let’s say Mr.ABC takes a 1 crore Life insurance policy & pays insurance premiums for 3 years. (Approximately ₹ 490^^ per month which comes to ₹ 17,640 in total premiums paid). Now if he passes away in the third year, his family will get an insurance payout of ₹ 1 crore. In other words, the life insurance company will pay the nominee as per the policy cover regardless of when Mr. ABC passes away in the period covered.

Which life insurance policy is best in India?
As we all know, LIC is the best insurance company when it comes to Life Insurances. But, still you can prefer other companies for Life Insurance.

Are life insurance premiums tax deductible?
Yes, Life insurance premium payments can be claimed as deduction under Section 80C subject to a maximum limit of Rs. 1,50,000. The only condition is the premium must be less than 10% of the sum assured.

How much Life Insurance cover do I need?
This depends on individual circumstances, as it varies from person to person covering their family & other needs. However, as a rule of the thumb, the life insurance cover should be at least 10 times annual income. For example, if your annual income is ₹ 8 lakh, your life insurance cover should be at least ₹ 80 lakh. Although 80 lakh – 1 crore can seem like a huge sum, you can get it for a monthly premium as low as ₹ 1000 (for a 30 year old, non-smoker). Medical bills also increase with time and so a large amount is needed to cover future medical costs.

Types of Life Insurance Policies

There are various types of life insurance policies available to aid you in meeting needs of various life stages.

  • Term life insurance
  • Whole life insurance
  • Child insurance policy
  • Endowment policy
  • Money back policy
  • Savings & investment plans
  • Retirement plans
  • Unit Linked Insurance Plans (ULIPs)

Being one of the top life insurance agents in Coimbatore & a parent of two, it becomes mandatory for every person to have life insurance on their own, so that your dependents will be protected in case of your absence.  I would personally recommend you to go with LIC or United India Insurance for life insurance policy in Coimbatore.

Health Insurance Policy from Best Insurance Agents in Coimbatore

Under the Health insurance agreement, the insurance company promises to reimburse the medical expenses incurred by the policyholder due to specific diseases or accidents. The insurance coverages costs incurred for hospitalisation, medicines, specialist/doctor/surgeon as well as cost incurred during pre-hospitalisation (for In-Patient Appointments) and post-hospitalisation. There are various types of health insurance policies that can be purchased by individuals and families. These include individual health insurance policies, family floater plans, senior citizen health plans, women specific health insurance policies, disease specific plans like COVID 19 policies, Cancer policy, etc. A policyholder can extend the coverage of a plan with the help of health insurance add-ons like hospital daily cash cover, maternity cover, room rent waiver, etc. by paying an additional premium amount. There are various benefits of having a health insurance plan. Besides providing you with the insurance coverage for medical expenses, a health insurance plan provides peace of mind by providing financial stability in times of emergencies. It ensures that you get timely and required medical treatment with Cashless features. It also helps you avail tax benefits under Section 80D of the Income Tax Act, 1961. Most insurance companies have tie-ups with many hospitals across states in India. These hospitals are known as network hospitals who ensure hassle-free services and smooth claim settlement facilities. In the absence of any tie-up, i.e. if the treatment is availed at a non-network hospital, then the insurer reimburses the medical expenses to the policyholder.

Based on my personal experience, I recommend  Star Health Insurance in Coimbatore for any Mediclaim related policies. Star Health Insurance has the best hospital tie-ups across India. It has recognized for it’s 10000+ in-network hospitals & quick claim settlement service. Star Health insurance in Coimbatore has tied-up with almost all top hospitals in the city.

Star Health & Allied Insurance Co Ltd commenced operations in 2006 as India’s first standalone health insurance provider. The company has been providing services in health, personal accident and travel insurance but it is mostly known for it’s healthcare insurance service. Star Health Insurance has affordable plans for individuals, families and corporates. It has already covered 17 crore people in India since it’s inception. It has also given over Rs.17000 Cr, as claim amount. Star Health Insurance Company has 5 branches in Coimbatore. Star Health’s Family Health Optima Insurance Plan (FHO) is one of the most popular plans.

Insurance Factory is one of the top-rated Star Health Insurance agent in Coimbatore. We can serve you for new Star Health Insurance mediclaim policy or it’s renewals. 

Some of the Health Insurance services we offer includes,

    • Health Insurance for old age people
    • Health Insurance for NRI
    • Health Insurance for aged parents (above 60)
    • Star Health Corporate Mediclaim policy
    • Star Health Family Health Insurance
    • Star Health Mediclaim policy

In case, if you have any questions regarding Health plans/ Star Health Insurance in Coimbatore you can reach us by contacting the numbers given in this page.

Motor Insurance Policy from Best Insurance Agents in Coimbatore

Motor Insurance comes for all types of vehicles. This is generally classified in 2 types say Two Wheeler Insurance & Four Wheeler Insurance policies. However, motor insurance policy is not restricted only for these two types. It also has plans for 2 wheelers like autorickshaw or 6 to 8 wheeler container trucks. Motor Insurance is also referred as Auto Insurance as it covers wide range of automobiles. 

Car Insurance / Four Wheeler Insurance Policies

Car insurance is a contract between a car owner and a car insurer wherein the insurance company promises to protect the car owner from financial losses relating to his/her car arising due to a misfortunate event like a road accident, theft, fire, natural calamities, man-made calamities, vandalism, etc. In return for this promise, the owner of the car/ the four wheeler pays a insurance premium to the insurance company. There are three types of four wheeler insurance in India namely Third Party Car Insurance Policy, Comprehensive Car Insurance Policy, and Standalone Own-Damage Car Insurance Policy. As per the Indian Motor Tariff, it is mandatory for every car owner in India to own at least a third party car insurance policy. Driving a car/a four wheeler without a valid third party car insurance policy is a legal offense in India which attracts a fine of Rs. 2,000 and/or imprisonment of up to 3 months. 

Why is car insurance important?

Your car insurance would cover most of the claims that could happen while you are driving your car. Because it protects the insured from financial losses in case of damage(s) caused to his/her car due to an accident. A comprehensive car insurance policy will cover everything including yours car as well as third party vehicles.

Car Insurance companies in India offer a plethora of car insurance plans that cater to the specific needs of the buyers, but choosing the right policy can help you at times of risk. For any kind of support regarding car insurance in coimbatore, you can reach Insurance Factory team – The Best Car Insurance Agents in Coimbatore.

Bike Insurance / Two Wheeler Insurance Policies

Two Wheeler Insurance or Bike Insurance is an insurance policy which provides financial protection to your two wheeler / bike against any damages that may be caused by accidents, natural disasters, theft or any serious incidents. A Two Wheeler Insurance also covers financial losses against any third party liabilities. By law, you atleast need to have a third-party two wheeler insurance in order to ride a bike. As the name states, it covers, third-party vehicles which gets damaged when hit against your vehicle i.e., your bike. Third party bike insurances will not give coverage to your bike/two-wheeler.

To get the best quote, reach – Insurance Factory – Top Bike Insurance agents in Coimbatore

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More Policies.. More Benefits.. from Best Insurance Agents in Coimbatore

Personal Accident Insurance (PA insurance policy):

The term Personal Accident itself states this policy gives coverage in case of accident to the insured person. This policy protects the family of the insured person helping them financially in case of permanent disability of loss of the person due to accident. This policy can be taken for any individual in the age group of 18 to 70 years.  Read More >>>

Mediclaim Insurance:

Health Insurance policies (generally referred as “Mediclaim” or Mediclaim policy) covers hospitalization expenses due to diseases/ accident. This policy gives coverage to new diseases that occur. Any pre-existing diseases are exempted from coverage in the policy. Most General Insurance Companies offer this policy, whereas there are also companies which offer this type of policies exclusively, say Start Health Insurance. Read More >>>

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