Loan protection insurance
Health, life and job-loss cover bundled into personal, business or vehicle loans, so a setback never becomes a default.
What it is
Cover at the point of need, not an afterthought
Embedded insurance is protection sold as part of another product or transaction — a loan, a flight booking, a device purchase — rather than as a separate policy a customer has to seek out on their own. Because it's offered at the exact moment of relevance, it's easier to understand, easier to buy, and far more likely to actually get used when it matters.
As a broker, Ever Secure partners with lenders, platforms and businesses to design and place this cover directly into their customer journeys — fully IRDAI-compliant, with the same claims support that stands behind every policy we distribute.
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Higher relevance
Cover is offered exactly when the underlying risk appears — a loan, a trip, a purchase.
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Frictionless buying
One flow, one KYC, no separate research or paperwork for the customer.
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Built for partners
Lenders and platforms embed cover without becoming insurance experts themselves.
Where it fits
Embedded insurance across everyday journeys
A growing segment for us — cover woven into the products people are already buying.
Device & purchase protection
Extended warranty and accidental-damage cover added at checkout for phones, appliances and other big-ticket buys.
Travel & booking add-ons
Trip-cancellation and travel medical cover offered right inside the flight, bus or hotel booking flow.
Mobility & ride cover
Personal accident and third-party add-ons embedded into ride-hailing, rentals and fleet platforms.
Merchant & marketplace cover
Seller-protection and shipment insurance offered natively inside e-commerce and B2B marketplace checkouts.
Employee & gig-worker cover
Group health and accident cover embedded into payroll, HR and gig-platform onboarding flows.
Embedded Insurance in Action
Personal loan insurance: your safety net when life doesn't go as planned
You've taken a personal loan to fund something important — a wedding, a business, a medical bill, a dream. Personal loan insurance is built to answer one question: what happens to that loan if life gets in the way?
What risks does it actually cover?
A personal loan is a commitment against your future income. Most of us assume that future will look like the present — steady job, good health, stable earnings. Loan insurance exists for the one scenario none of us plan for: when that assumption breaks down.
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A health emergency that disrupts income
Hospitalisation can mean weeks without a salary right when the EMI is still due. Cover steps in to reduce or clear the outstanding loan.
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The loan outliving the borrower
The life-cover component pays off the outstanding balance directly, so family isn't left settling debt while grieving.
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Losing a job mid-loan
An involuntary-unemployment benefit covers a set number of EMIs, giving breathing room to find new work.
What loan protection gives you
Protects the credit score
A missed EMI during a crisis can mark a credit history for years. Loan insurance keeps a temporary setback from becoming a long-term record.
Protects the collateral
If a loan is secured against a home or vehicle, a default puts that asset at risk. A claim payout clears the loan and protects what's been built.
Protects the family
The real value isn't just financial — it's peace of mind that an unexpected setback won't become a family's burden to carry.
How to choose the right cover
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Match the cover to the situation
Health, income stability and dependants should shape the plan — not a generic default.
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Read exclusions & waiting periods
Every policy has fine print — know it upfront so there are no surprises at claim time.
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Compare more than premium
Claim settlement track record and coverage breadth matter as much as price.
Filing a claim: what to expect
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Inform the insurer
As soon as the triggering event occurs.
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Submit documents
Termination letter, medical records or loan agreement, depending on claim type.
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Verification & payout
The insurer verifies the claim, approves it, and disburses via direct bank transfer.
Beyond the basics
EMI coverage
During job loss, disability or critical illness.
Debt-reduction benefits
Lump-sum or debt-cancellation payouts on permanent disability or death.
Flexible premiums
Monthly, quarterly or yearly payment options.
Co-borrower protection
Covers a co-borrower's share of the loan too.
Taking a loan? Don't leave protection out.
We help borrowers add the right cover to a loan at the exact moment they need it — simple, transparent, and built into the journey, not an afterthought.
