HDFC Ergo

HDFC ERGO General Insurance is a joint venture between HDFC and ERGO International AG, with a 51:49 ownership ratio. It operates in the insurance sector under the BFSI category and is part of the Munich Re Group in Germany ¹. The company offers a comprehensive range of general insurance products, including:

Health Insurance: HDFC ERGO provides various health insurance products tailored to different needs. These products offer benefits such as cashless hospitalization, tax savings under section 80D, and no-claim bonuses. Notable plans include:
- Optima Secure Global: Offers global medical coverage with 4X coverage guaranteed at no additional cost.
- Optima Restore: Provides 100% restore coverage, wider pre- and post-hospitalization benefits, and a restoration benefit.
- My: Health Medisure Super Top-up: Higher cover at a low premium, no health checkups up to age 55, and aggregate deductible.
- Critical Illness Covers: Covers up to 15 critical illnesses with lump-sum payouts and affordable premiums.
Motor Insurance: The company settles one claim per minute and maintains an exceptional claim settlement ratio of 95%. It offers motor insurance plans for cars and bikes.
Other Insurance Products: HDFC ERGO also provides insurance for travel, home, personal accidents, property, marine, and liability in the corporate space ².