How is IIFL different from ERS Motor Insurance?

There are many good insurance companies across the world. While some cater to the life insurance needs of people, others cater to the general insurance needs. Motor insurance is one of the most common types of general insurance that a vast majority of people across the world opt for. Most countries across the globe have rules that make it compulsory for vehicle owners to insure their cars and bikes with insurance plans. This is why we have some standalone motor insurance companies in some countries.

The ERS Motor Insurance Company, based in the UK, is one such company. They offer various vehicle insurance plans. However, when it comes to India, we do not have any standalone vehicle insurance companies. The motor insurance plans, both for two-wheelers and four-wheelers, are available with the general insurance companies. There are some excellent insurers such as IIFL General Insurance that offer motor vehicle insurance plans along with other general insurance plans like health insurance plans and travel insurance plans.

The key differences between ERS vehicle insurance and IIFL Insurance

The Equity Red Star Motor policies are all vehicle insurance policies. The company exclusively deals in motor insurance. They do not offer any other type of insurance plans, such as health insurance plans or travel insurance plans.

IIFL Insurance is a reputed insurance company in India. The insurance provider offers several types of covers, apart from vehicle insurance plans. Much like the ERS car insurance and ERS bike insurance plans, IIFL also offers two-wheeler insurance and four-wheeler insurance plans. Along with those, you can also get health insurance plans in the general insurance category. This apart, IIFL also offers life insurance plans, including the very popular term insurance plans. 

This is the main way in which ERS Motor Insurance differs from IIFL Insurance.

Advantages of choosing an IIFL Insurance Policy

• Lots of options

As stated, you can get term insurance plans, health insurance plans and various types of vehicle insurance plans on the IIFL portal. This makes it a true one-stop solution for all your insurance needs. 

• Safe and secured

Even though a lot of the online insurance portals are safe, there is always a safety concern when you make financial transactions online. However, when you use the IIFL Insurance platform to buy your insurance policy, the risk is practically nullified. The portal is very safe and you stay protected from all types of financial fraud. Also, the personal information you share is protected and never shared with third parties. This makes your experience pleasant and safe when dealing with IIFL insurance.

• Highly efficient website

The website of IIFL Insurance is highly efficient and modern. You can compare the plans, calculate the premium, etc. The portal is very advanced and so the tasks get completed in a quick and simple manner. This makes it highly convenient for you and you can save a lot of your time, effort and also your hard-earned money.

• Excellent customer support

IIFL Insurance offers excellent customer support. If you face any issues with your insurance policy, or you have doubts when you look to buy a plan, the company’s customer executives guide you. The customer support team is friendly and efficient and they address your queries with a lot of precision and care. This is what sets them apart. You can also communicate with them via emails and online chat options and this really helps you to have a smooth experience when buying insurance.

• Economical 

Insurance is very important. The times that we live in are unpredictable. This is why you need various types of insurance covers such as life insurance, health insurance and motor insurance. However, every insurance plan costs money and budgeting for these plans often becomes difficult. This is why IIFL insurance helps. They give you the opportunity to compare and find the best plans at the best rates. This helps you to meet all your insurance needs while staying well with your budget,

Keeping these benefits in mind, it can safely be said that IIFL is one of the best places for you to get your insurance plans. They offer many benefits, offer a safe platform and this makes it convenient for you to have your insurance covered. The website is very advanced and that helps you to make a quick and hassle-free purchase. So the next time you need to buy a life, health, or vehicle insurance plan, visit IIFL insurance and explore the available options.

The benefits of ERS Motor Insurance 

If you have recently moved to the UK and are looking for a good motor insurance plan, you can consider the Equity Red Star Motor policies. The company is very reputed in the UK and offers economical motor insurance covers. However, you must note that the motor insurance norms are different in every country and so your ERS vehicle insurance coverage won’t be identical to the ones you have in India. This is why it is extremely important for you to read the policy wordings, understand the scope of coverage, the pricing, etc and then buy the ERS car insurance or  ERS bike insurance plan of your choice.

You should also try to compare and look at other options before you lock in on any option as that will help you to locate the best vehicle insurance cover.

The final word

IIFL Insurance is a trusted name in the Indian insurance industry. You can get your term insurance plan, health insurance plan, and any type of vehicle insurance plan from the insurer. This makes it convenient for you and you find a solution for all your insurance needs. The ERS Motor Insurance Company, on the other hand, offers only vehicle insurance plans and that too in the United Kingdom. If you live in the UK or have recently moved there, you can get a good ERS vehicle insurance cover.