Liberty Videocon General Insurance Company Limited



Liberty Videocon General Insurance started in 2013 with a aim to provide all - encompassing commercial, private, and industrial insurance solutions is a joint venture between Liberty Citystate holdings PTE Ltd., a group company of US based Liberty Mutual Group which is an eminent global property and casualty group and Videocon Industries Limited has a strong presence in the Power sector, DTH TV services, Telecom, Retail, Consumer Electronics, and Global Oil & Gas. With a worth of about $5 billion, the Videocon Group has constantly fostered a culture of innovation. It is rated among India's Top 15 private Business Houses, is among the 100 Emerging Giants of the World, is rated amongst the Top 15 of India's 'busiest brands', and via their initiatives in Mozambique, Brazil, Indonesia, etc., has emerged as the most successful Global Oil & Gas explorer in the world.

Backed with Liberty Mutuals' 100 years of expertise and knowledge, Liberty Videocon General Insurance Company Limited works towards building a customer centric business to address varied needs of both individual and corporate clients with operations in 30 countries and economies around the world. As of now fifth largest property and casualty insurer in the U.S. based on 2015 direct written premium data as reported by the National Association of Insurance Commissioners. We also rank 73rd on the Fortune 100 list of largest corporations in the U.S. based on 2015 revenue. As of December 31, 2016, Liberty Mutual had $38.3 billion in annual consolidated revenue. Liberty employs more than 50,000 people in over 800 offices throughout the world. Its offer a wide range of insurance products and services, including personal automobile, homeowners, accident & health, commercial automobile, general liability, property, surety, workers compensation, group disability, group life, specialty lines, reinsurance, individual life and annuity products for both personal and corporate insurance. It offers private car insurance, two wheeler insurance and health insurance. The company also provides property, engineering, employee benefits, liability insurance and fleet insurance under its corporate segment. Headquartered in Mumbai, Liberty Videocon General Insurance Company Limited has 20 offices across 18 cities in India.

Awards & Recognitions

Employer of choice - World Marketing Council: Liberty Videocon General Insurance has been awarded the "Employer of Choice" by Excellence Awards, at a function held in Mumbai in 2014.

Most Influential Retail leaders - CMO ASIA: Congratulations to Mr. Pankaj Arora (President - Personal Lines, Bancassurance & Affinity & Marketing) for being awarded the 'Most Influential Retail Leader Award' by Asia Retail Congress in 2017

Model Insurer Asia - Digital & Omni channel award 2017: Liberty Videocon General Insurance has been awarded with Model Insurer Asia - Digital & Omni Channel award in May 2017.

IDC insights awards 2016: Congratulations to Mr. Sriram Naganathan (President - Information Technology and Digital Initiatives) for being awarded with IDC Insights award in 2016

Liberty Videocon General Insurance Product Portfolio
Liberty Videocon Health Insurance:

Liberty Videocon health insurance is designed for all hospitalisation and healthcare needs.

  • Liberty Health Connect Policy: The policy is designed to cover all healthcare and hospitalisation needs including pre and post-hospitalisation expenses, day-care procedures, and domiciliary treatment, among others. The plan comes in three options - Basic, Elite and Supreme. The policy is available for a period of 1 or 2 years depending upon the choice of the insured. Liberty Health Connect Policy is designed to provide for all your healthcare and hospitalization needs.
  • Janta Personal Accident Insurance: This health insurance product caters to the rural population, providing cover for accidental death, along with many other accidental benefits.
  • Health Connect Supra: For when you need to add to your Health Cover - Higher Sum Insured, Wider Protection and Safety.
  • Individual Personal Accident: Safeguard your family's future with this Personal Accident Insurance, which comes with Child Education Benefit, and providing Cost of Transporting Mortal Remains and Performing Funeral Ceremony.
  • Secure Health Connect: For when you need to add to your Health Cover - Higher Sum Insured, Wider Protection and Safety.
  • Liberty Videocon Group Health Insurance Policy: The group health insurance policy from Liberty Videocon provides employees/members a flexible and custom health insurance plan. The plan is available on an individual or a floater basis for the family. The family comprises of the spouse, children, parents, parents-in-law, and siblings. The cover is available to any employee between the age of 18 and 65 years.

Liberty Videocon Car Insurance:

Liberty Videocon provides comprehensive coverage that covers your car against third party liability as well as all losses such as fire, theft, riots, flood etc.

  • Liberty Videocon Private Car Package Policy: The plan offers comprehensive coverage for mandatory third party liability, and for losses or damages to the car from man-made or natural causes. It offers personal accident cover for the owner-driver as well the occupants. Man-made or natural events that are covered under the policy include fire, theft, explosion, burglary, riot, strike, earthquake, flood, cyclone, accident, malicious act as well as terrorist activity.

Liberty Videocon Two-Wheeler Insurance:

Liberty Videocon two wheeler insurance has exclusive features and benefits for all types of two- wheelers like bikes, scooter, mopeds etc.

  • Liberty Videocon Two Wheeler Package Policy: The comprehensive insurance plan covers against the third party disputes as well as damages to the vehicle including partial or total loss of the two wheeler. The policy covers all two wheelers including scooters, motorcycles, bikes, mopeds, auto-cycles and mechanically-assisted bicycles.

Liberty Videocon Accident Insurance:

The accident insurance plans from Liberty Videocon offer protection against any unforeseen accidents that may occur and result in permanent or temporary total or partial disability, or even death. The plans help the insured or their family members to pay off expenses when the bread-winner is hospitalised or incapacitated in any way from earning for the family.

  • Individual Personal Accident Policy: The plan covers the insured and his/her family members against minor accidents occurring from daily activities, and from major accidents or physical loss due to death or disablement due to accident related bodily injury. The plan offers additional value-added covers such as child education benefit as well as cover for repatriation of remains and funeral expenses. Add-on covers include accidental hospitalisation expenses, daily cash for hospitalisation, child education support benefit, life support benefit, ambulance hiring charges, legal bail expenses and loan protector, among others.
  • Janta Personal Accident Insurance Policy: This is a rural personal accident protection plan and covers for accidental death and other benefits. The minimum entry age is 5 years to 18 years for children while adults can enrol up to the age of 75 years. The policy is renewable for life but has to renewed every year. The policy offers worldwide coverage.

Liberty Videocon Corporate Insurance:

The company offers various corporate solutions designed to protect businesses, corporations, engineering firms, and industrial units. It also offers plans to protect the property and also offer cover against liabilities that may arise due to carrying on of duties in the normal course of business.

  • Liberty Videocon Engineering Insurance: Meant to provide adequate cover for construction and infrastructure projects, the company provides a range of policies and packages to guard against any risk that the business may face in the course of operations.
    • Erection All Risk Insurance Policy
    • Advance loss of Profit Insurance Policy
    • Machinery Breakdown Insurance Policy
    • Boiler Pressure Plant Insurance Policy
    • Machinery Loss of Profit Insurance Policy
    • Contractor Plant and Machinery Insurance Policy
    • Contractor's All Risk
    • Electronic Equipment Insurance Policy
  • Liberty Videocon Property Insurance: The policies guard against any damages to the property from fire, floods or theft.
    • Fire Loss of Profit Insurance Policy
    • Industrial Risk Insurance Policy
    • Standard Fire Special Perils Cover
  • Liberty Videocon Employee Benefit Insurance: The policies help businesses to protect their most valuable assets - their employees. Liberty Videocon offers employee benefit plans that help the business to take care of their workers.
    • Workmen Compensation Insurance Policy
    • Employees Compensation Policy
  • Liberty Videocon Liabilities Insurance: The Liability Only policies help protect individuals from any legal disputes such as malpractice, negligence or even injury that may arise in the normal course of fulfilling one's responsibilities. These policies protect professionals such as doctors, lawyers, company directors, etc. from any claim or damages required of them and events leading to which occurred while they were discharging their normal duties.
    • Directors and officers Liability
    • Public Liability Industrial Insurance Policy
    • Public Liability Act
    • Commercial General Liability Policy
    • Public Liability Non Industrial Insurance Policy
  • Liberty Videocon Miscellaneous Insurance: The range of miscellaneous policies from Liberty Videocon help corporations and businesses to insure themselves against any liabilities that may arise and which are not covered under standard policies.
    • All Risks Insurance Policy
    • Signage Insurance Policy
    • Baggage Insurance Policy
    • Fidelity Guarantee Insurance Policy
    • Burglary Insurance Policy
    • Money Insurance Policy
    • Plate Glass Insurance Policy
  • Liberty Videocon Fleet Insurance: The policies help businesses to protect their commercial vehicles against any damages or loss. These may include unforeseen damages incurred in the normal course of business or due to accidents. The policies cover against all types of vehicles from two and three wheelers to cars and buses used for business - whether for carrying customers or goods
    • Commercial Vehicle Package Policy
  • Liberty Videocon Marine Insurance: The marine insurance policies help protect against any loss or damage to the cargo when it is in transit by air, road, rail, sea or courier.
    • Marine Cargo Insurance Policy