Health insurance is a vital aspect of financial planning in India. It ensures easy access to quality healthcare without having to pay hefty bills. Numerous health insurance companies offer a range of products. These are designed to cater to the diverse needs of the Indian population. Here are 5 leading health insurance providers in India, that are known for their reliable services.
Star Health and Allied Insurance Company Ltd.
Star Health and Allied Insurance was established in 2006. It is India’s first standalone health insurance provider. The company offers specialised health, accident, travel, and corporate insurance policies. It is known for its direct and hassle-free claim settlement processes.
Star Health offers health insurance to individuals, families, and corporate groups. Noteworthy plans include the Star Comprehensive Insurance Policy. It comes with a wide coverage including outpatient consultations, delivery benefits, etc.
Another great plan is the Diabetes Safe Insurance Policy, designed for diabetic patients.
Star Health has a vast network of over 14,000 hospitals across India. You can enjoy cashless hospitalisation and reimbursement facilities across these healthcare centres. Thus, getting medical care becomes easily accessible if you need it. The company is renowned for its customer-centric approach. It offers 24/7 customer support. Furthermore, it has a dedicated team for claim processing. This ensures quick and efficient claim resolution.
HDFC ERGO Health Insurance
Apollo Munich Health Insurance was renamed HDFC ERGO Health Insurance in 2020. This was a result of its merger with HDFC ERGO General Insurance Company Limited. It stands as one of the premier health insurance providers in India. The company brings together HDFC ERGO’s experience and Apollo Munich’s innovative health solutions. It offers a range of health insurance products tailored to the needs of Indian citizens.
One of the notable offerings of the company is the ‘Optima Restore Individual’ plan. It comes with a unique restore benefit, where the basic sum insured is restored after the first claim. You can also get a complimentary health check-up at the time of renewal. Another noteworthy product is the ‘iCan Cancer Health Plan’. It covers all stages of cancer and comes with life-long renewals. This is especially helpful in case the ailment recurs.
HDFC ERGO has a robust network of over 13,000 hospitals across India. This extensive network guarantees that you can easily receive timely medical treatment. It offers a health advisor helpline, teleconsultation services, and wellness benefits. This helps ensure comprehensive healthcare support for its customers.
ICICI Lombard General Insurance Co. Ltd.
ICICI Lombard is one of the leading private-sector general insurance companies in India. It offers a range of insurance products including health insurance. It is known for its high claim settlement ratio and quick turnaround times.
ICICI Lombard provides comprehensive health insurance plans like the Health AdvantEdge policy. These come with a bariatric surgery cover, convalescence benefit, and cumulative bonuses. The company also offers a unique plan called Health Booster. This is a top-up policy that comes with lifetime renewability and road ambulance cover.
The company boasts an extensive network of more than 9,500 hospitals across India. ICICI Lombard offers a seamless cashless claim process. It also offers a simple and quick reimbursement facility. ICICI Lombard also offers exceptional customer support with facilities like 24×7 assistance. It also has a digital chatbot – RIA, which you can interact with to get your queries resolved.
Niva Bupa Health Insurance
Niva Bupa Health Insurance Company Ltd. (formerly, Max Bupa Health Insurance Company Limited) has been in the sector for 6+ decades. It was created by a joint venture (JV) between Fettle Tone LLP and the healthcare service provider, Bupa, which is based in the UK. Niva Bupa offers plans such as Health Companion and Health Premia. These come with pre and post-hospitalisation cover, maternity benefits, and newborn baby cover.
Niva Bupa has a network of 10,000+ hospitals in India. The company offers a response to cashless claims within 30 minutes. The company offers personalised customer service. For example, it has a health app to track fitness and manage health records. It also has a dedicated relationship manager for assistance.
New India Assurance Co. Ltd.
New India Assurance is the largest public sector general insurance company in India. It was established in 1919 by Sir Dorabji Tata. Since then, this company has created a global presence by expanding its reach to 25 countries.
The company provides various health insurance policies suitable for individuals and families. These include the New India Mediclaim Policy and New India Premier Mediclaim Policy. You can get coverage for hospitalisation and ayurvedic treatments with these policies.
With a network of over 1,500 hospitals across India. New India Assurance offers both cashless and reimbursement facilities for medical expenses. Being a government-owned entity, it is known for its reliability and trustworthiness. New India Assurance provides 24/7 customer support. It also has a user-friendly website for easy access to services.
These companies exemplify the robust health insurance landscape in India. Each company offers unique policies that cater to the varied needs of the population. When choosing a health insurance provider, it is essential to consider several factors. These include the network hospitals, claim settlement ratio, customer service, and coverage. You can compare policies from multiple insurers on digital marketplaces like Bajaj Markets.Once you have found a policy that suits your needs, you can apply for it. The simple and seamless application process makes it easy to buy a policy online. You can visit bajajfinservmarkets.in to get started!
