Royal Sundaram General Insurance

Royal Sundaram is the first private General Insurance company to be licensed in India by October 2000. Initially, the company was promoted as a joint venture between Sundaram Finance and other Indian Shareholders. In Feb 2019, Ageas Insurance International acquired 40% share from Indian share holders and currently Sundaram holds 50% and other Indian shareholders hold the remaining 10%

Royal  Sundaram is known for providing innovative insurance solutions to individuals, families, and businesses. They provide Motor, Health, Travel, and Home Insurance to individual customers and provide specialized insurance products such as fire, marine, engineering insurance to businesses. 

With over 158 branches and 2000+ employees, they are an active player in the Indian Insurance ecosystem and distribute various products through several distributors, partners, and brokers. They have a huge customer base of 28 million.

Vision and Mission

Vision and mission


Royal Sundaram aspires to be first choice General insurer in India.

Vision and mission


Doing everything to offer customers a peace of mind through innovative insurance solutions and superior service.

Awards and Recognition

  • Insurance Company of the year award at Samudra Manthan Awards 2017.
  • “Best General Insurance – Public” award at CNBC Best Bank and Financial Institution awards 2011.
Why Buy Insurance at Royal Sundaram?

  • Customer Centric Approach from policy inception to claim process
  • Have the advantage of Sundaram group’s expertise, which has a proven record
  • Have a ISO 9001-2015 for Accident and Health claim process
  • Loaded with a huge insurance product range
  • Swift Claim Process

Our Product Portfolio

Royal Sundaram Car Insurance

Royal Sundaram offers different types of car insurance policies such as Third Party Insurance, Standalone Own damage Insurance, and Comprehensive Car Insurance. The third party insurance provides coverage for the bodily harm and damages to the vehicle of the third party caused by your vehicle. The Standalone own damage covers the damage for your car in an accident. The Comprehensive coverage covers the damage that could happen to your vehicle in an accident and due to various natural and man-made disasters along with the third party cover.

Benefits of Car Insurance Policy

  • Complete protection of your car against any kinds of natural and man-made disasters
  • Shields your from legal liability from third party
  • Offers personal accident protection upto 50 lakhs with an option to extend coverage to passengers too
  • Covers for theft, burglary, and arson
  • More than 800+ Network Garages
  • Fast track claim settlement process
  • Minimal Documentation
  • Affordable Insurance Premiums for all kinds of policies
Add-on for Car Insurance

  • Depreciation Waiver Cover – Get reimbursement for deductions without any depreciation
  • NCB Protector – Get damage claims without any effect on your NCB bonus
  • Key Replacement Cover – Covers the cost of repair and replacement of keys
  • Roadside Assistance – Get up to 17 Roadside assistance scenarios
  • Loss of Baggage – Get coverage for loss of baggage in your car
  • Voluntary Deductible – Get 15-35% discount on premium while the company pays for the amount exceeding the voluntary deductible

Royal Sundaram Bike Insurance

Royal Sundaram lets you drive your two-wheeler with 100% safety and peace of mind. A bike despite its convenience comes with a share of worries. An accident could be devastating for your bike as well yourself. In order to protect yourself from such unfortunate incidents and to save yourself from legal liability, it’s important to own a bike insurance. 

Royal Sundaram offers three types of insurance covers namely third party insurance, standalone own-damage insurance cover, and comprehensive insurance policy.

Benefits of Bike Insurance at Royal Sundaram

  • Complete protection to your two wheeler against damages
  • Protects you from Legal Liability
  • Accidental Cover
  • Covers for theft, burglary, and arson
  • More than 120+ Network Garages
  • Fast track claim settlement process
  • Minimal Documentation
  • Affordable Insurance Premiums for all kinds of policies

Royal Sundaram Health Insurance

Health is the most important aspect for complete well-being. So, it is important to keep it protected at all costs. Royal Sundaram health insurance plans have a robust offering of multiple health plans that will protect your health at an affordable premium. Whether you are looking for individual health policy or for complete family cover, Royal Sundaram has a range of policies with a legion of benefits at an affordable cost and has a patronage of over 5 million policyholders.

Health Plans available at Royal Sundaram

  • Lifeline Health Insurance Plans – Coverage from( 4 Lakhs – 1.5 Crores), Annual Health Checkups, Preventive Healthcare and Disease management, Cashless Claim in 5000+ Network Hospitals. Available under 3 variants – Lifeline Classic Health Plan, Lifeline Supreme Health Plan, Lifeline Elite Health Plan
  • Family Plus Health Insurance Plan – Individual coverage upto 50 Lakhs and Family Floater Coverage upto 50 Lakhs Maternity and NewBorn Cover, Dual Sum Insured (Individual + Floater Sum Insured) under one single policy, Cashless Claim, Ideal for couples looking to start a family
Benefits of Health Cover at Royal Sundaram

  • Exhaustive Health Cover – You will never be short of coverage as their policies are available at different sum insured. Choose the one that fits your health needs
  • Affordable Premiums – Royal Sundaram shatters the myth that health insurance are expensive with their extremely affordable premiums for multiple health plans
  • Wide network Hospitals – When you buy health insurance plans at Royal Sundaram, you get  access to more than 7000+ Network hospital from where you can receive  cashless treatment
  • Claim Settlement Ratio – No need to worry about your claims not getting processed, as Royal Sundaram Health Insurance plans have a good claim settlement ratio of 81.5%. It means that you can take care of your health issues while forgetting about the financial part  of it. 
  • No Claim Bonus – from 10%- 50% for every claim free year
  • Multiple Add-ons – to offer enhanced protection
Scope of Coverage

  • Pre and Post Hospitalization expenses
  • Maternity Expenses
  • Preventive Health Care
  • Free Medical Check ups
  • Daycare treatment
  • Reload Benefits
  • Ambulance cover upto Rs. 4000
  • Organ Donor Expenses
  • Domiciliary hospitalization
  • Ayush Treatment
  • Worldwide Emergency Hospital Cover
Cashless Claim Process at Royal Sundaram

  • Let the company know within 24 hours of sudden hospitalization and before 48 hours for planned hospitalization
  • In case of cashless hospitalization, the  hospital will let the company know and they will process  the claim
  • After discharge, the company will directly settle the bill with the hospital
Claim through Reimbursement

  • If the individual gets treatment at a non-network hospital, then they have to let the insurance company know within 24 hours of sudden hospitalization and before 48 hours for planned hospitalization
  • Fill the Claim settlement form along with the medical bills and reports and send it Third Party Administrator (TPA)
  • TPA will verify the claim and reimburse the medical expenses