Rakshit Financial ServicesInsurance broker · Udaipur

← Rakshit Financial Services

Jaipur · Rajasthan · advising since 2004

Insurance Broker for Jaipur Businesses

Rajasthan is our home market. We have advised businesses across the state since 2004 from our head office in Udaipur, and Jaipur firms are a large part of that book.

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What to know

What Jaipur businesses usually get wrong

Sum insured set once and never revisited. Fire policies settle on reinstatement value, what it costs to rebuild today, and a figure carried forward from a renewal three years ago brings the average clause into every claim. It is the most common and most expensive error we find on a review.

The second is treating transit as somebody else's problem. Goods moving between Jaipur, Kishangarh and the ports are on the road for days, and a carrier's liability under the Carriage by Road Act is capped at a multiple of the freight rather than the value of the goods.

The third is employee liability. The Code on Social Security, 2020, which absorbed the Employees' Compensation Act on 21 November 2025, makes the employer liable for workplace injury whether or not anyone was negligent, and whether or not a policy exists.

The trades we see most in and around Jaipur

Gem, jewellery and handicraft units, where stock value concentrates in a small floor area and the burglary section matters more than the fire section.

Engineering and auto components around the industrial belts, where machinery breakdown and the loss of production behind it usually cost more than the machine.

Hotels and hospitality, which carry a public liability exposure most owners have never sized, and a seasonal occupancy pattern that should shape the business interruption indemnity period.

Marble and stone moving through Kishangarh, where the transit leg is long and the commodity is easy to damage and hard to value after the fact.

How we work with clients outside Udaipur

Almost all of it happens on WhatsApp, phone and email, which is how commercial insurance is actually transacted in India. You send the existing schedule, we read it and tell you what is wrong with it, and we come back with terms from the market.

For a risk inspection, a claim, or a placement large enough to warrant it, we travel. Nobody should buy a factory programme from someone who has never seen the factory.

At claim time we do the part that matters: documenting, intimating within the policy timelines, dealing with the surveyor, and arguing the quantum when the offer looks wrong.

Frequently asked questions

Do you have an office in Jaipur?

Yes, at 2 Krishna Nagar, Gopalpura Bypass, where we meet Jaipur clients. Our head office is in Udaipur at 784 Rani Road, and that is where placement and claims work is run from. Most of the day to day happens on WhatsApp, phone and email in any case.

What does an insurance broker cost in Jaipur?

Nothing to you. Brokers are remunerated by the insurer when a policy is placed, so advice, comparison of wordings, policy reviews and claims support carry no fee. That is also why an independent broker can compare the market rather than sell one insurer's product.

Can you review a policy I already hold?

Yes, and it is the most useful first step. Send the schedule on WhatsApp, even as a photograph. We will tell you what the sums insured should be, what the wording excludes, and whether you are paying for cover you do not need.

Do you handle personal insurance too?

Yes. Health, term life, personal accident, home and private motor, for families as well as the businesses we advise. The commercial side is the larger part of the practice.

Written by Parul Bhargava · Founder and Principal Advisor, advising since 2004

Related: Jewellers block insurance in Jaipur · Insurance advisor in Udaipur · Sum insured calculator · Fire and burglary quote · Claims from Jaipur

Jaipur office: 2, Krishna Nagar, Gopalpura Bypass, Jaipur. Head office: 784 Rani Road, Udaipur.

Our head office is 784 Rani Road, Udaipur, Rajasthan 313001. Reach us from anywhere in India: WhatsApp +91 92514 56334 or request a callback.