Most Indians discover the true importance of insurance only when a crisis has already struck. Insurance Welfare ensures your life, health, and travels are covered.
Our Associated Insurance Partners
All products advised are from IRDAI-licensed Advisors.
Why Insurance Welfare
In India, over 70% of households remain underinsured or uninsured. When illness strikes or a loved one is lost, the financial burden falls entirely on the family. We partner with HDFC Life, Canara HSBC Life and Care Insurance to make sure you're covered before it's too late.
We recommend the right product for your needs — not the highest-commission one. Your interest always comes first.
We decode complex policy fine print into simple language so you know exactly what you're covered for.
Products from HDFC Life, Canara HSBC Life and Care Insurance — India's most trusted IRDAI-licensed insurers.
When you do need to claim, we guide you through every step so you receive what you're rightfully entitled to.
What We Advise
We match you with the right Life, Health, or Travel insurance product — at the right premium for your life stage and needs.
A ₹1 crore term plan can cost as little as ₹700/month for a 20-year-old (T&C Apply). Yet millions of Indian families depend on a single earner with no cover. Secure your family's future today — before it's too late.
Medical costs in India have risen 14% year-on-year. A ₹5–10 lakh family floater plan ensures hospitalisation never wipes out your savings. We help you choose cashless cover that truly fits your family.
Whether it's a business trip or a family holiday, travel insurance protects against trip cancellations, medical emergencies abroad, and baggage loss — from as little as ₹500 per trip. Don't travel unprotected.
The Process
We make choosing and buying the right insurance simple, transparent, and stress-free.
Share your age, family size, income, and lifestyle so we can understand your coverage needs with no guesswork.
Our advisors identify the financial risks you face — life, health, or travel — and the coverage gaps you likely don't know about.
We recommend specific HDFC Life or Care Insurance products with clear comparisons of premium, coverage, and exclusions.
Once insured, we remain available for claims guidance, renewals, and policy reviews — for life.
Get In Touch
Whether you're starting fresh, reviewing a policy, or just unsure where to begin — our advisors will guide you to the right cover. Response within one business day.
Pan-India advisory, fully online
We'll respond with guidance tailored to your situation.
Insurance Welfare is building India's leading Corporate Insurance Agent — a consumer-first, tech-enabled distribution company licensed to advise and sell insurance products on behalf of HDFC Life and Care Insurance. We are seeking seed funding to scale our Corporate Agent infrastructure nationally, capturing India's vast underinsured middle-income market.
The Market Opportunity
India's insurance penetration stands at just 4.2% of GDP — compared to 12% in the US and 10% in the UK. Yet the Indian insurance market is projected to reach ₹25 trillion by 2030. The gap between awareness and action is exactly where Insurance Welfare operates.
The core problem: most Indians buy insurance reactively — after a hospitalisation, an accident, or a death in the family. By then, they are either uninsurable or facing crippling out-of-pocket costs. Insurance Welfare's Corporate Agent model exists to change this behaviour at scale — with professional advisors authorised to distribute Life, Health, and Travel insurance products directly to consumers and businesses.
Our Corporate Agent Model
A Corporate Insurance Agent isn't just a distribution licence — it's the foundation for building a scalable, trusted, institutional insurance business in India.
As a Corporate Agent, Insurance Welfare will be authorised by IRDAI to distribute insurance products. This licence lets us employ trained advisors, operate across cities, serve retail and corporate clients, and issue policies directly — unlike individual agents who are limited in scale.
The Corporate Agent structure allows us to build and grow a team of employed insurance advisors under one umbrella — each trained, certified, and accountable. This creates a quality-controlled, scalable advisory force that individual agents or aggregators cannot match.
We serve both retail consumers (individuals and families) and corporate clients (employee group insurance). The Corporate Agent licence enables both channels — retail advisory for households and institutional sales for HR/finance teams at SMEs and startups.
Our brand promise — "Protect what matters before it's late" — targets the greatest barrier to insurance uptake in India: procrastination. We convert hesitation into coverage, building a distribution business on the back of genuine consumer behaviour change.
Revenue Model
Our revenue is commission-based today with a clear path to subscription advisory — scalable with low incremental cost per additional customer.
We earn IRDAI-compliant commissions on every policy sold through Partner Insurance Providers. Life & Term policies carry first-year commission rates of 25–40%; renewal trails provide compounding recurring income.
Health and Travel insurance renewals generate trailing commissions of 7.5–15% annually. A growing book of advised customers creates an annuity-like revenue base with high retention rates.
Group health and life insurance advisory for SMEs and startups. Corporate clients represent high-volume, single-touch opportunities with strong margins and fast sales cycles.
Traction & Milestones
We are at inception stage with our partnerships live and platform operational.
Investment Opportunity
To legally distribute insurance products in India as a Corporate Agent, Insurance Welfare must first obtain the IRDAI Corporate Agent Licence. This requires a registered company with a minimum paid-up capital of ₹5 lakh, a qualified Principal Officer (IRDAI-certified, with mandatory training), office infrastructure, a compliant internal audit and compliance framework, and payment of the licence fee to IRDAI. Without this licence, no policy can be advised or sold under the Corporate Agent structure.
Seed funding allows us to complete the licensing process, hire our first certified advisors, set up operations, and begin generating commissions from HDFC Life and Care Insurance — turning the licence into a revenue-generating business from day one.
Total seed ask: ₹75 Lakhs. Every rupee is mapped to a specific requirement — starting with the licence itself, followed by the people, infrastructure, and marketing needed to build a self-sustaining business.
Company incorporation, IRDAI application fee, Principal Officer certification and mandatory training (minimum 150 hours as per IRDAI regulations), legal and compliance advisory for the licensing process. This is the non-negotiable first step — without it, we cannot operate.
Registered office space (as mandated by IRDAI for Corporate Agents), furniture, computers, internet, and a compliant record-keeping system. IRDAI requires a physical place of business for Corporate Agent operations — this covers setup and the first 12 months of running costs.
Recruit and train 8–10 insurance advisors. Each advisor must clear the IRDAI-prescribed examination (IC-38) and be registered under the Corporate Agent. Covers salaries for the first 12 months, training materials, exam fees, and onboarding. A certified team is our revenue engine.
Build a customer-facing advisory portal, an advisor CRM for managing leads and policy applications, and integrations with HDFC Life and Care Insurance systems for policy issuance. Technology enables us to scale advisory beyond what a human team alone can handle.
SEO, paid search, and social media campaigns targeting India's middle-income households. The goal: build a steady inbound pipeline of enquiries for our advisors to convert into advised customers and active policies.
Ongoing IRDAI compliance obligations (quarterly and annual filings, internal audit, grievance redressal framework), professional indemnity insurance, and 3 months of working capital buffer to ensure the business does not stall while commissions ramp up.
We are seeking strategic early investors who want to back the formation of a licensed, scalable Corporate Insurance Agent — India's most underleveraged insurance distribution structure — before it reaches commercial scale.
With the Corporate Agent licence active and advisors in place, we project ₹2Cr+ in annual premium advised within 24 months — generating commission revenue that makes the business self-sustaining.
Express Interest →This page is for informational purposes only and does not constitute a public offering of securities. For the full pitch deck, financial projections, and licence roadmap, please reach out to [email protected]