Business insurance in India: Commercial insurance is readily available in India. So is life insurance for your staff, including key person insurance.
Insuring automobiles is far more affordable than in the West. We still don’t recommend that foreign executives drive in India: paid chauffeurs are affordable and you limit the liability of your key people being liable in an accident by taking them away from the wheel.
Insuring homes and businesses against theft, loss and property damage is also relatively straightforward.
Large government-owned insurance companies have operated in India for many decades. Since liberalization, many foreign insurance companies have entered via minority partnerships, such as Tata-AIG, ICICI-Prudential, Max-New York Life.
We hope that our Doing Business in India Guide will help answer some of the routine questions we get asked. Please Contact Us if you need more in-depth assistance when looking to do business with India. We’ll be glad to help.
Last updated: June 18th, 2021
