General Insurance Done Right , Every Asset Protected
Motor. Home. Travel. Business. Most people renew the same policy every year without asking whether it actually covers them.
India has a ₹2.89 lakh crore general insurance market , and a catastrophic underinsurance problem. Most motor policies are renewed on price alone. Most home policies carry sum insured from 2015.
India's general insurance market
Professionals in DealPlexus Network
A Renewal Is Not a Review. We Do Both.
Most general insurance is transactional. A car renewal email arrives. You click “renew.” You pay. Nothing changes. Your sum insured is what it was in 2019. DealPlexus treats general insurance as what it is: the foundation of your financial security.
Multi-Insurer Access , No Allegiance.
We compare plans from HDFC ERGO, ICICI Lombard, Bajaj Allianz, New India Assurance, Oriental Insurance, Tata AIG, Go Digit, Care Health, and 10+ other IRDAI-registered general insurers. No exclusivity. No allegiance. Best cover at the right premium.
Claims Support That Actually Supports.
When you file a claim, our advisors intervene on your behalf. Documentation guidance, surveyor coordination, dispute escalation , we are in the loop until your claim is settled. Not just until your policy is issued.
IRDAI-Compliant. No Grey Market.
Every Insurance product on DealPlexus is IRDAI-registered. Every advisor is trained. No unlicensed intermediaries. No grey-market policies. Your policy is with the insurer , not with a distributor.
Commercial Insurance Advisory, Not Just Retail.
For business owners, general insurance is not just motor and travel. It is fire and perils, public liability, professional indemnity, marine cargo, workmen's compensation, and cyber liability. We advise on commercial risk , not just retail comparison.
Portfolio Integration , Insurance Meets Financial Planning
General insurance doesn't exist in isolation. For DealPlexus clients with wealth management relationships, we bundle commercial cover with business advisory and ensure that your insurance strategy is coherent with your overall financial plan.
You're Probably Paying for Insurance That Won't Pay You Back
Three scenarios. All common. All preventable. All discovered at claim time , when it's too late to fix the policy.
The Motor Policy That Looked Fine Until the Claim.
A Gurgaon professional has been renewing his car insurance with the same insurer for 6 years. He clicks "renew" every December , 10 minutes, done. Then his 4-year-old Honda City gets stolen. His IDV: ₹4.8L (standard depreciation). His car's actual market value: ₹7.2L. The gap: ₹2.4L , paid from his savings.
What he didn't know: IDV is negotiable. A higher IDV costs marginally more in premium and pays significantly more in a total loss. The difference in annual premium for correct IDV: ₹1,800/year. The difference in claim payout: ₹2.4L.
A Policybazaar comparison finds the cheapest premium. It does not tell you whether your IDV is adequate for a total loss.
The Home That Wasn't Actually Insured.
A family in Pune bought a ₹1.4 Cr apartment in 2018 and took a property insurance policy the bank suggested , sum insured: ₹32L (covering only the loan amount). A fire caused ₹18L in damage. Insurance payout: ₹6.8L (proportionate to underinsurance). Out-of-pocket: ₹11.2L.
What they didn't know: Property insurance should cover reconstruction cost, not market value or loan amount. A ₹1.4 Cr apartment typically has a reconstruction cost of ₹85L–₹1.1 Cr. Anything less is underinsurance , and Indian insurers apply proportionate deductions at claim time.
Your home insurance sum insured from 2020 is already 35–50% below current reconstruction cost. Your next monsoon is 4 months away.
The Business Owner With No Commercial Insurance.
A Bengaluru e-commerce startup owner had motor, health, and term insurance. A delivery partner had an accident. The injured third party sued the startup , not the delivery partner , for ₹45L in damages. His motor insurance did not cover commercial liability. He settled for ₹22L from company funds.
Annual cost of a ₹1 Cr commercial general liability policy for a startup of his size: ₹18,000–₹35,000. The cost of one uninsured CGL claim: ₹10L–₹1 Cr+.
Commercial insurance complexity is why most small business owners skip it. That is exactly why they are exposed.
These are not rare cases. They are the median general insurance failure mode.
DealPlexus closes all three gaps. A coverage audit takes 20 minutes. Discovering the gap after a claim takes years to recover from.
4 Coverage Categories. One Advisory Team That Knows What You Actually Need.
Motor Insurance
Best for: Individual car and bike owners, commercial vehicle fleets, businesses with company vehicles
Motor insurance in India is the largest general insurance segment , and the most commonly mis-bought. Third-party is mandatory. Comprehensive is essential. Own damage + add-ons separate the adequately protected from the underinsured.
Core Coverage
- Third-Party Liability (mandatory by law): Covers injury, death, or property damage to a third party caused by your vehicle
- Own Damage (OD): Covers your vehicle against accident, theft, fire, natural calamity
- Comprehensive = Third-Party + Own Damage
Critical Add-Ons (that most people skip)
- Zero Depreciation cover: prevents insurer from applying depreciation on parts at claim time; saves ₹25,000–₹80,000 on a typical claim
- Return to Invoice cover: pays full invoice value (not IDV) in case of total loss or theft
- Engine Protection: covers consequential engine damage from flooding or oil leakage (not covered in standard OD)
- Roadside Assistance: 24/7 breakdown cover
- NCB Protection: protects your No Claim Bonus even after a claim
DealPlexus Advantage
We don't just find the cheapest comprehensive policy. We assess your driving pattern, city, vehicle age, and claim history to recommend the right add-on stack. A correct IDV + zero dep + engine protection combination typically costs ₹3,000–₹6,000 more per year and eliminates ₹50,000–₹2L+ of out-of-pocket exposure.
Home and Property Insurance
Best for: Homeowners (owned property), landlords, tenants (contents), commercial property owners
Property insurance is the most underutilized general insurance product in India , and the most consequential to get wrong. A ₹1.5 Cr apartment is most families' largest single asset. Most of them have no insurance on it.
What it covers
- Structure/Building: Fire, lightning, explosion, earthquake, flood, storm, burglary, landslide
- Contents: Furniture, electronics, appliances, jewelry (within sub-limits), personal belongings
- Liability: Damage caused to third parties (e.g., water leakage damaging the flat below)
- Loss of Rent: Income foregone if property is uninhabitable due to covered damage
Critical point on sum insured: Sum insured should equal reconstruction cost , not market value, not loan amount. Reconstruction cost = cost to rebuild the structure from scratch (land excluded). For metro apartments, this is typically ₹4,000–₹7,000/sq ft.
For a 1,200 sq ft apartment: reconstruction cost = ₹48L–₹84L. Not ₹32L. Not ₹1.5 Cr (market value). ₹48L–₹84L.
DealPlexus calculates the correct sum insured for your property before recommending any plan.
Travel Insurance
Best for: Domestic and international travelers, frequent flyers, study-abroad students, senior citizens traveling abroad
Travel insurance is the most straightforward general insurance product , and the most commonly skipped on the assumption that "nothing will happen." Until something does.
What it covers
- Medical emergencies abroad: the primary reason travel insurance exists , hospitalization in the US costs ₹10L+ per week
- Trip cancellation and interruption
- Baggage loss, delay, and damage
- Flight delay and missed connections
- Emergency evacuation and repatriation
- Passport loss
- Personal accident cover during travel
For international travel: Medical cover of $100,000–$500,000 is non-negotiable. Schengen visa applicants are required by regulation to carry minimum €30,000 medical cover. Skimping on travel insurance abroad is a ₹20L+ risk for ₹2,000 saved.
For senior citizens traveling abroad: Medical underwriting matters. Pre-existing conditions are often covered with sub-limits. DealPlexus identifies the right plan for senior travelers whose pre-existing conditions (diabetes, cardiac history) would be excluded by generic travel policies.
Commercial and Business Insurance
Best for: Business owners, SMEs, startups, partnership firms, professionals (doctors, consultants, lawyers, architects)
This is where DealPlexus goes beyond what any retail aggregator offers. Commercial insurance is not a product search , it is a risk advisory exercise. Every business has a different risk profile. A retail store needs fire and burglary. A technology company needs cyber liability. A doctor needs professional indemnity. A manufacturer needs product liability and marine cargo.
Key Commercial Insurance Products
Fire and Perils (Standard Fire and Special Perils Policy)
Covers factory, office, or commercial property against fire, lightning, explosion, earthquake, flood, and allied perils. Mandatory for most leased commercial premises. Often wrongly sum-insured , same underinsurance problem as residential property.
Commercial General Liability (CGL)
Covers your business against third-party claims for bodily injury, property damage, and advertising injury arising from your business operations. Non-negotiable for any business with physical premises, delivery operations, or public interactions.
Professional Indemnity (PI)
Covers professionals (doctors, lawyers, architects, consultants, IT firms) against claims arising from errors, omissions, or negligence in professional services. Medical professionals: IRDAI data shows PI claims against doctors increasing 18% year-on-year.
Cyber Liability Insurance
Covers financial loss and legal liability arising from data breaches, ransomware, cyberattacks, and privacy violations. Mandatory for any business handling customer data. IRDAI launched cyber insurance guidelines in 2023; adoption remains below 5% among SMEs.
Marine Cargo Insurance
Covers goods in transit , by sea, air, or road. For any business that ships inventory, imports raw materials, or exports finished goods, marine cargo insurance is not optional.
Workmen's Compensation (WC) / Employer's Liability
Covers employer's legal liability to employees for injury or death occurring in the course of employment. Mandatory under the Employees' Compensation Act for most categories of workers.
Directors' and Officers' (D&O) Liability
Covers personal legal liability of company directors and senior officers for wrongful acts in their management capacity. Critical for PE/VC-backed companies and publicly listed entities.
DealPlexus Business Advisory
We conduct a commercial risk assessment before recommending any product. We map your business operations, employee count, revenue, and third-party exposure to identify coverage gaps , then recommend a bundled package from HDFC ERGO, Bajaj Allianz, New India, or ICICI Lombard with a single point of contact for all claims.
A Coverage Audit Takes 20 Minutes. An Underinsured Claim Can Take Years to Recover From.
Most people find out their insurance is inadequate at the worst possible moment , when they have just experienced a loss. DealPlexus offers a free coverage review across your motor, home, travel, and business insurance portfolio. In 20 minutes, we identify:
Reviews your existing policies , motor, home, travel, business , for adequacy, sum insured, and exclusions
Identifies coverage gaps (underinsurance) and overpayment (redundant coverage you don't need)
Presents 3–5 specific plan options per category with clear reasoning on why each is recommended
Handles documentation, insurer coordination, and policy delivery , you sign, we do the rest
No obligation. One advisor. Full transparency. If after the review you decide to stay with your existing policies, you leave with a significantly clearer picture of your coverage , that alone is worth the 20 minutes.
Property values in India are increasing at 8–12% per year in major metros. Your home insurance sum insured from 2020 is already 35–50% below current reconstruction cost. Your next monsoon is 4 months away. A coverage audit today costs nothing. Discovering the gap after a flood costs everything.
IRDAI-registered platform serving ... professionals with ... in deals managed. Our claims support team is active through settlement , not just policy issuance.
No commitment. No pressure. One advisor.
The Data Behind the Urgency
A ₹4,200 add-on protected ₹5.4L in a single claim.
Client profile: Mumbai business owner, 3-year-old SUV with comprehensive policy. Vehicle submerged in annual flooding , total loss. With Return to Invoice add-on: Claim payout = ₹17.8L (full invoice value). Without add-on: Payout = ₹12.4L (IDV at standard depreciation). The add-on cost: ₹4,200/year.
DealPlexus clients save 12–18% on consolidated premiums.
For clients who bundle motor, home, and travel insurance: Coverage audit identifies overlapping coverage and eliminates redundant riders. Multi-policy negotiation with insurers produces premium efficiency that single-product renewals cannot match.
Property values are rising 8–12% per year in major metros.
Your home insurance sum insured from 2020 is already 35–50% below current reconstruction cost. When a claim hits, insurers apply proportionate deduction clauses. A ₹1.4Cr apartment with ₹32L sum insured receives only 23% of claim value , regardless of actual damage.
Commercial lawsuits against small businesses increased 22% YoY (2023–24).
Delivery partner accidents. Customer slip-and-fall. Product liability claims. Most SMEs have no CGL (Commercial General Liability) insurance. A single ₹20L settlement can bankrupt a ₹50L-revenue business. Annual CGL premium for the same business: ₹18,000–₹35,000.
The DealPlexus advantage: ... professionals, ... in deals managed.
We don't sell policies. We advise on coverage. Our claims support team is active through settlement, not just issuance. We track insurer performance on claims above ₹5L , data no aggregator publishes. This intelligence informs every recommendation we make.
Claim Settlement Across Top General Insurers
| Insurer | Motor CSR | Health CSR | Overall Incurred Claims Ratio |
|---|---|---|---|
| HDFC ERGO | 92.1% | 94.3% | 91.8% |
| ICICI Lombard | 88.4% | 89.1% | 87.6% |
| Bajaj Allianz | 87.3% | 88.7% | 86.9% |
| Tata AIG | 86.2% | 91.4% | 88.1% |
| New India Assurance | 84.9% | 86.3% | 85.4% |
| Go Digit | 83.7% | , | 82.1% |
Source: IRDAI Annual Report 2023-24. CSR = Claims Settlement Ratio by number of claims.
Note: Settlement ratios are volume metrics. For high-value commercial claims, insurer behaviour, empanelled surveyor quality, and claims team responsiveness matter as much as the ratio. DealPlexus tracks insurer performance on claims above ₹5L.
A Coverage Audit Takes 20 Minutes. An Underinsured Claim Can Take Years to Recover From.
Motor · Home · Travel · Business , Advisory-led coverage audit. Claims support included. One advisor. Full transparency.
DealPlexus , India's Financial Supermarket | Motor, Home, Travel & Business Insurance | Gurgaon HQ: 443, 4th Floor, Tower A2, Spaze iTech Park, Sohna Road, Gurgaon 122001 | support@dealplexus.com | +91 7428100654
General insurance products are subject to IRDAI regulations. Premium amounts and coverage terms vary by insurer and policy type. Past claims settlement data is not indicative of future claim outcomes. Please read the policy document carefully before purchasing.