Everything you need to know about insurance — answered by our expert advisors.
General
Yes, Shah Insurance is a fully licensed IRDA-registered composite insurance broker operating since 2001. We are authorised to advise on and arrange all classes of general and life insurance products in India.
We partner with 18+ leading insurers including Bajaj Allianz, HDFC Ergo, Tata AIG, ICICI Lombard, SBI General, Max Bupa, New India Assurance, Oriental Insurance, Reliance General and more.
No. Our consultation and quote comparison services are completely free. As a broker, we are remunerated by the insurer — you pay only the standard policy premium.
Shah Insurance was founded in 2001 and has over 24 years of experience in the Mumbai insurance market.
Claims
Shah Insurance maintains a 100% claim settlement record. We specialise in complex claims that other brokers find difficult to resolve.
You can report a claim by calling +91-99206 28333, emailing sales@shahinsurance.co.in, or visiting our office. Our claims team will guide you through the entire process.
Simple claims are typically settled within 7–15 working days. Complex claims involving surveys may take 30–60 days, depending on insurer timelines.
Yes. We provide claim dispute resolution support, including liaison with the insurer, IRDA grievance mechanisms, and insurance ombudsman referrals where necessary.
Health Insurance
A waiting period is the initial time during which certain conditions are not covered. The initial waiting period is typically 30 days; pre-existing diseases usually have a 2–4 year waiting period.
Spouses and children born or legally adopted after policy inception can usually be added at the next renewal. Some insurers allow mid-term additions with an endorsement.
Maternity cover is available as an add-on with most insurers. It typically has a 9–24 month waiting period. Newborn cover can also be included.
Motor Insurance
Yes, third-party motor insurance is mandatory under the Motor Vehicles Act for all vehicles on public roads. Driving without it can result in fines and legal penalties.
Third-party insurance covers only your legal liability to others. Comprehensive insurance also covers damage to your own vehicle from accidents, fire, theft and natural calamities.
Yes. No Claim Bonus (NCB) belongs to you, not to the vehicle. You can transfer it to your new vehicle’s insurance policy.
Still Have Questions?
Our insurance advisors are available Mon–Fri 8AM–8PM and Saturday 9AM–5PM.