Established in 1993, Thakar & Sons began its journey as a trusted name in the wholesale trading of electrical products, specializing in Single and Three-phase items. Over the years, the company evolved, and in 2007, under the visionary leadership of Mr. Sanjay Thakar, the firm expanded into the insurance industry—marking the beginning of a new chapter in its legacy.
With the second generation stepping in, Mr. Hardik Thakar brought fresh energy and innovative ideas in 2021, further propelling the company's growth and strengthening its foundation.
Today, Thakar & Sons Insurance stands as a premier player in the insurance sector, serving an elite clientele that includes listed entities, HNIs (High Net Worth Individuals), and Super HNIs. Backed by a dedicated team of 43 professionals, we craft customized insurance solutions tailored to the unique needs of our clients, ensuring financial security and peace of mind.
Our Vision
To build and sustain long-term relationships founded on trust, excellence, and innovation in the insurance industry. We strive to empower businesses and individuals by ensuring smooth cash flow through strategic insurance solutions, minimizing financial risks while securing a stable and prosperous future.
Our Mission
To provide innovative and comprehensive insurance solutions that help businesses manage their finances efficiently, maintain strong cash flow, and mitigate financial risks. Through our expertise, we aim to reduce financial stress and support sustainable growth, enabling our clients to navigate life's uncertainties with
About Sanjay Thakar
Sanjay Thakar – Senior Life Planner Advisor Insurance & Marketing Specialist with Over 34 Years of Experience
Sanjay Thakar is a seasoned insurance advisor and marketing expert with an impressive 34 years of experience in sales and marketing, including 18 years as an insurance advisor. Since 2007, Sanjay has dedicated himself to guiding individuals, families, and businesses toward secure financial futures, leveraging his expertise and dedication to client success.
Currently serving as a Senior Life Planner Advisor, Sanjay is proudly associated with Tata AIG General Insurance Company Ltd. and Tata AIA Life Insurance Co. Ltd., two of the most trusted names in the insurance industry.
Achievements & Awards
Sanjay's consistent excellence has earned him numerous accolades, reflecting his unwavering commitment to delivering value and exceptional service to his clients.
- Grand Perks (Silver) Category Advisor
- Certified HNI Striker, awarded by ARM
- Certificate of Excellence, awarded by ARM
- Outstanding Performer, awarded by Regional Manager & Vice President of ICICI Prudential
- Champion Lead Winner, Certificate of Appreciation
- Certificate of Life Planner, Tata AIA Life Insurance
- Trophy for Outstanding Association
- Giant Step Award, awarded by Tata AIG General Insurance Co. Ltd.
- Outstanding Performer (2022-2023), awarded by Regional Manager & Vice President of Tata AIG
Why Choose Sanjay Thakar?
Sanjay's approach combines deep industry knowledge, innovative financial solutions, and a genuine passion for helping clients achieve their goals. Whether navigating complex insurance policies or tailoring plans for high-net-worth individuals, Sanjay’s expertise ensures peace of mind and long-term benefits.
About Hardik Thakar
Hardik Thakar – Senior Business Associate Leader (SBA) Second-Generation Insurance Entrepreneur with a Vision for Next-Gen Leadership
Hardik Thakar is a dynamic and accomplished insurance advisor with over five years of expertise in the industry. As a second-generation entrepreneur, Hardik is driven by a passion for delivering innovative and client-centric insurance solutions. He is currently a Senior Business Associate Leader (SBA), proudly associated with Tata AIA Life Insurance and Tata AIG General Insurance Co. Ltd., where he is an active participant in the Next Gen Leader Program.
Educational Excellence
Hardik’s academic credentials reflect his dedication to continuous learning and professional growth:
- National Insurance Academy (NIA) – Specialized Insurance Qualification
- Management Development Programme – Indian Institute of Management (IIM), Indore
- Currently pursuing a Master’s Degree in Insurance, further solidifying his expertise.
Career Milestones
Hardik’s career trajectory is marked by significant achievements and promotions, showcasing his leadership and commitment to excellence:
- Promoted from PBA to BA in 2022
- Promoted from BA to SBA in 2024
- Successfully completed the prestigious Drona Award, certified by Mr. Amit Deva, CAO of Tata AIA Life Insurance
Why Choose Hardik Thakar?
As a forward-thinking insurance professional, Hardik combines in-depth industry knowledge with a modern approach to meet evolving client needs. His leadership in the Next Gen Leader Program positions him as a trusted advisor dedicated to empowering clients with customized financial and insurance solutions.
Awards
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Our Services
TERM PLAN
Financial Security for Family
High Coverage at Low Cost
Debt Protection
Tax Benefits
Financial Risk Protection against disease & Surgery
Cashless Hospitalization and Reimbursement Benefits:
Access to Quality and Timely Healthcare:
Tax Benefits:
Peace of Mind and Better Health Management:
Additional Covers and No Claim Bonuses:
Financial Protection Against Unexpected Mishaps:
Coverage Beyond Regular Health Policies:
Income Replacement and Economic Stability:
Enhanced Peace of Mind
Affordable Supplement to Your Insurance Portfolio:
Legal Compliance:
Financial Protection Against Accidents:
Third-Party Liability Coverage:
Additional Benefits and Peace of Mind:
Comprehensive Financial Protection:
Emergency Medical and Evacuation Coverage
Business Continuity and Liability Protection:
Enhanced Safety for Students:
Additional Benefits and Peace of Mind
FIRE INSURANCE
Protection Against Catastrophic Loss
Lender Requirement and Collateral Protection
Coverage for Additional Perils
Business Continuity and Liability Coverage
Peace of Mind
Protection Against Loss or Damage
Risk Management for Businesses
Compliance with Legal and Trade Requirements
Coverage for Different Types of Cargo and Vessels
Ensures Business Continuity
Liability Protection
Death On Duty
Permanent Total Disability
Permanent Partial Disability
Income Loss
Fire, lightening, theft, burglary & Housebreaking
Impact from falling objects, collision, failure of material handling equipment’s.
Carelessness, negligence, faulty material and construction, RSMD, Terrorism
Storm Tempest, Hurricane, Flood, inundation, subsidence, Rock slide, Earth quake.
Material Damage- Own damage to assert
Third Party Liability
• Physical loss or damage to the plant and machinery of the insured
• Covers Theft as well, although an ‘All risk’ Policy, it is guided by exclusions as per CPM tariff
• It is an annual policy and can be renewed yearly
DIRECTOR & OFFICER LIABLITY
Legal & defense cost
It is a claims-made policy
Policy is on an un-named basis
Cover applies to former, present and future members of the Board of Directors, and employees in a managerial or supervisory capacity
The policy is right-to-defend
Cover for Retired & Resigned Insured Person– up to a lifetime
Cover for Regulatory Crisis Response
Cover for Assets and Liberty Costs including prosecution, bail bond and civil bond expenses
Cover for damage to reputation
Bilateral Discovery Period
Emergency Costs cover
Kidnap response cover
Special excess protection for non executive directors
Severability: non-guilty insured is covered
GROUP PERSONAL ACCIDENT INSURANCE
Comprehensive Medical Coverage
Cashless Treatment Facility
Coverage for Pre-Existing Diseases
Maternity & Newborn Benefits
Family Coverage Options
Wellness and Preventive Healthcare Benefits
No Waiting Period or Medical Tests
Tax Benefits for Employers
Boosts Employee Morale & Retention
Insolvency of the buyer
Political Risk
Protracted Default - Buyer fails to pay but still remains in business (over 180 Days)
Cost-Effective Alternative to Bank Guarantees
Legal & Regulatory Compliance
Improves Cash Flow & Credit Availability
Enhances Business Credibility
Financial Protection & Risk Mitigation
Dispute Resolution & Claims Handling
Covers Errors, Omissions, & Negligence
Legal Defense Costs Coverage
Financial Protection Against Legal Claims
Safeguards Reputation & Client Relationships
Compliance with Regulatory & Contractual Requirements
Peace of Mind & Business Continuity
Protection Against IPO-Related Lawsuits
Coverage for Directors & Officers (D&O) Liability
Defense Costs & Legal Expense Coverage
Investor Confidence & Risk Management
Regulatory Compliance Support
Coverage for Fraud or Financial Misrepresentation