Insurance

Insurance is a means of protection from financial losses.

At every point of life, we are surrounded with so many unforeseen risks such as an unfortunate death or a medical emergency. These situations also include an accident or damage to your vehicle, property etc.

Bearing the financial impact of these situations can be costly and may eat into your savings or your family’s hard-earned money.

Thus, there is a pressing need of insurance for you and your family for appropriate coverage and financial support against all risks linked to your life, health and property.

Shivalik Small Finance Bank being a registered corporate agent with Insurance Regulatory and Development Authority of India (Registration number – CA0208), provide a wide range of insurance solutions for every need.


Life Insurance

Shivalik has tied up with Bajaj Allianz Life Insurance Co Ltd and Life Insurance Corporation of India for providing Life Insurance coverage. Through these tie ups, the banking expertise of Shivalik and the risk management expertise of these Insurance companies will be combined to provide excellent life cover policies and saving plans to our customers.

Buy Life Insurance Plans

ULIPs | Term Life Insurance | Group Life Insurance | Child Plans | Retirement Plans


General Insurance

When you work hard to be able to afford the things that you value, shouldn’t you also be setting aside a fraction of that hard-earned money to ensure these valuables are protected? Be it your home, your vehicle or your business, the first step to responsible ownership of any asset is insuring it against damage and loss.

Shivalik has tied up with Bajaj Allianz General Insurance Company Limited and New India Assurance Company Ltd to offer you the best in motor, health, travel, marine, liability, commercial and fire insurances. Keep all your assets protected with these general insurance products offered through Shivalik.

Buy General Insurance Plans

Motor Insurance (Four Wheelers) | Motor Insurance (Two Wheelers) |Health Insurance | Travel Insurance | Home Insurance | Cyber Insurance


Health Insurance

A health concern for anyone in the family, be it a minor accident or a life-threatening illness, crushes the spirit of the whole family. The journey of diagnosis, treatment and recovery is often a long, painful and expensive one, especially with the steady rise of medical costs in the country. We here at Shivalik believe this situation can be avoided with a good health insurance policy.

Shivalik has tied up with Star Health & Allied Insurance Company Limited, India’s first standalone health insurance provider, to bring you a wide array of plans. Insure your family against all medical emergencies with the health insurance plan that best suits you and kick-start a stress-free life today.

View and Buy Health Insurance Plans


Social Security Schemes from Government of India

India is making rapid strides towards providing greater social security to its hard working citizens. Shivalik offers these insurance schemes to all active Savings Account holders of the Bank.

Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY)

PMJJBY is a one-year cover Term Life Insurance Scheme, renewable from year to year, offering life insurance cover for death due to any cause. We are providing this cover in association with Life Insurance Corporation of India (LIC). PMJJBY Insurance Scheme offers death cover of ₹ 2 Lakhs due to any reason and is available to people in the age group of 18 to 50 years. The annual premium payable to opt this scheme is ₹ 330 per subscriber.

Pradhan Mantri Suraksha Bima Yojna (PMSBY)

PMSBY is a one year cover Personal Accident Insurance Scheme, renewable from year to year, offering protection against death or disability due to accident. We are providing this cover in association with The Oriental Insurance Co Ltd. PMSBY is an accident insurance scheme offering accidental death cover of ₹ 2 Lakhs and disability due to accident cover of ₹ 1 Lakh. This scheme is available to people in the age group of 18 to 70 years. The annual premium payable to opt this scheme is ₹ 12 per subscriber.