magma

Magma HDI General Insurance

Magma HDI is collaboration of Rising Group’s entity Sanati Properties LLP holding a majority share along with HDI Global, Celica Developers, and Jaguar advisory Services. 

They have over 65 products across various categories in the general insurance segment. From retail products such as Motor and Health to commercial products like fire, engineering, and liability insurance, they have their arms spread across the entire category. With their unflinching commitment towards excellence and their usage of technology to simplify the insurance process, Magma HDI has evolved to become a trusted insurance provider earning various accolades.

Vision and mission

Vision and mission

Vision

To be the most preferred and vibrant insurance company satisfying the expectations of the customers and shareholders

Vision and mission

Mission

To understand the needs and wants of customers and turn them into effective insurance solutions

Magma HDI

Our Product Portfolio

Magma HDI Car Insurance Policy

A car is a precious commodity that has improved our lives significantly. It is important to consider the possible threats to your car. Accidents, Natural Disasters, Man Made disasters can be a huge threat to your car. Having car insurance helps you as they cover all these damages and saves your valuable money apart from satisfying the legal liability as well. 

Magma HDI offers private car insurance policies that can cover the damages to your vehicle in addition to the third party liabilities that may arise in an accident. With a broad range of Add-on which can cover all possible threats, you can now enjoy your car ride with complete peace of mind. The company has an impressive claim settlement ratio of 95.4%.

Key Features of Car Insurance

  • Easy Buying

    Buying Car Insurance is an easy process at Magma HDI. Simply login to the website, enter a few details such as name, mobile number, car model, registration number, etc and select the suitable quote and complete the purchase.

  • Discounts

    With Magma HDI, you can avail a wide range of discounts on premium and add-ons.

  • Cashless Garages

    Magma HDI has a wide range of cashless garages. You can simply locate the garage near your home and get your car worked there.

Scope of Coverage for Car Insurance

Inclusions
  • Any kind of Legal Liability to Third Party arising out of the use of your vehicle
  • Loss or Damage to your vehicle following an accident
  • Damages caused due to Natural disasters like earthquake, flood, landslide etc. 
  • Damages caused due to manmade calamities like Arson, Fire, and Terrorist activity
  • Theft of Cars
Exclusions
  • Normal wear and tear of the car
  • Depreciation or any consequential loss
  • Mechanical and Electrical Breakdown
  • When the car is used for any illegal purposes
  • Accidents caused due to drunk driving
  • Driving without a valid licence
Why Buy Car Insurance at Magma HDI?

Are you tired of searching for different policies for your car? Then, Magma HDI is the one that may fit your needs. At Magma HDI, you can have a smooth and seamless insurance experience for buying or for renewal. Following are the reasons as Magma HDI has a superior advantage when compared to their peers in this Car Insurance segment,

  • Purchase easily and Save your precious time
  • Get better deals on Premium
  • Avail benefits such as NCB and discounts on premium and add-ons
  • Completely transparent, no hidden jargons
  • Trained professionals available at your service
  • 24/7 Claims support