Life is full of risks, and the only way to cover yourself from them is to purchase insurance. People often insure their health, homes, and possessions but neglect to insure their source of income. Accidents may leave you partially or permanently disabled for the rest of your life, causing financial hardship. Care Health Insurance Co. Ltd.'s Group Care 360 - Income Loss cover provides compensation for temporary complete disablement up to Rs. 1,000 a week for a period of 100 weeks. Accidental death compensation of up to Rs.10,000 is also included in the policy.

Plan Details

Income Loss Cover provides compensation for a maximum of 100 weeks of temporary total loss up to Rs. 1,000 per week. At a premium of Rs. 212, the package also provides accidental death coverage up to Rs.10,000 (including GST). 

What's Covered?

  • Temporary total disability

    If an injury to the insured member results in temporary total disablement of the insured member during the cover year, preventing the insured member from performing any and all duties related to his employment or occupation, the insured member will be paid a fixed amount for each continuous and completed week of that registered member's temporary total disablement.

  • Weekly monetary benefit

    The policyholder receives a weekly cash allowance of Rs. 1,000 in the event of Temporary Total Disablement to cover day-to-day expenses. For each continuous and completed week of the Insured Member's Temporary Total Disablement, the insured will receive a weekly cash profit.

  • Accidental death cover

    With an amount insured of Rs.10,000, you will get accidental death coverage. Please see the policy wordings for a list of exclusions.

whats covered

For the list of exclusions, please refer to the policy wordings.

How to Apply?

Fill out the online application form and pay the fee using your chosen method of payment to apply for Income Loss Cover. The following is a step-by-step guide to completing the purchase.

  • Visit Finserv MARKETS

    Visit our website and go to the Pocket Insurance and VAS page

  • Select Product

    Choose Income Loss Cover from the wide array of products

  • Fill Details

    Fill in your details in the online form

  • Make your payment

    Make an instant payment and get your plan.

That’s it! It is that simple.

List of Documents Required

  • Proof of Age - Birth certificate, 10th or 12th mark sheet, Passport, Aadhaar card, etc

  • Identity Proof - PAN Card, Voting ID, Driving license, etc

  • Address Proof - Electricity bill, Telephone bill, Ration card, etc

  • Passport size photos

Claim Process

You can file a claim by contacting the insurance company in one of the following ways:

  • Write to the team on claims@careinsurance.com

  • Call on 1800-102-4488 which is a toll-free number


  • ✔️Is there insurance for loss of income?

    When an individual is affected by an insured peril, income loss cover will help replace lost income and compensate for additional expenses.

  • ✔️Does income protection cover loss of work?

    If you resign from your work, income protection will not cover you. If you are laid off involuntarily, though, you will get an income security package to support you when you look for a new job.

  • ✔️Is income protection worth having?

    If you are self-employed or own a small company, an income protection plan is needed because you do not have access to sick or annual leave. have dependents or family members who rely on your income. You have loans, such as a mortgage, that you must pay even though you are unable to work.

  • ✔️What is the duration of this plan?

    This plan is valid for one year.