First of all a warm welcome to all of you on your favorite blog. In the previous post we had known that “Which is the best health insurance plan for parents”. Today in this post we will know which is the best health insurance company in India. So let's find out.
To help you find the best insurancecompany, we have put together a list where you will find the names of all the general insurance companies that offer health insurance in India:
Let us discuss these health insurance providers in detail.
20+ Best Health Insurance Company In India
Aditya Birla Health Insurance
Aditya Birla's health insurance plan is designed for different types of customers. In this, the insurer provides a sum assured of up to Rs 2 crore.
This plan is available for single, family, critical illness, and group health insurance plans. With over 17,000 consultants, insurance providers that have a presence in over 650 cities.
Bajaj Allianz Health Insurance
It is a joint venture between Bajaj Finserv Limited, a comprehensive financial services company in India, and Allianz SE of Munich, Germany, a global financial services major.
Bajaj Allianz General Insurance Company, which deals in general insurance matters in the country, including medical, is focused.
This company has been getting ICRA's iAAA rating for 10 years. With 6500 cashless hospitals in India, this insurer offers top-notch healthcare with high sum insured options.
Bajaj Allianz was one of the strongest general insurance companies in India in 2019 with a profit of 780 crores and revenue payout of 11,097 crores with 17% growth.
Kotak Mahindra Health Insurance
This insurance company is the service of Kotak Mahindra Health Insurance Limited, one of the best private banks in India.
Apart from basic coverage, this insurer also offers add-on cover and discounts on premiums insured gets the benefit of cashless treatment in more than 4000 network hospitals spread across the country.
Bharti AXA Health Insurance
Bharti AXA Health Insurance claims that this year they offer 98.27% claim settlement, 1.3 million policy issues, 101 branches across India and cashless treatment at Pan India network hospitals.
The health insurance given by Bharti AXA offers a maximum coverage of 1 crore.
Care Health Insurance (earlier known as Religare Health Insurance)
Care Health Insurance (earlier known as Religare Health Insurance) The company has 4,100 network hospitals across the country and is created by Fortis Hospitals, India's largest private hospital.
The claim settlement process is handled by the company itself and no third party is involved. Depending on the coverage of each policy, customers can choose from multiple riders to protect themselves.
Recently this insurer has received MCX Award 2019, Best Claims Service Provider of the Year 2018 by Insurance India Summit & Awards and many more.
Digit Health Insurance
Digit Health Insurance is a digital health insurance provider that sells customizable plans online. This policy gives an opportunity to get cashless treatment for single, family and, andiIndianzens at more than 5900 PAN India partner hospitals.
This insurer has recently received two awards namely, Top Indian Startup 2019 and Asia's General Insurance Company of the Year 2019.
Chola MS Health Insurance
Chola MS Health Insurance General Insurance Company Limited established in 2001 is a joint venture of Murugappa Group, a multi-business conglomerate based in India, and Mitsui Sumitomo Insurance Group based in Japan.
With the help of 105 branches and over 9000 agents, the company offers both single and corporate insurance options.
The insurer has received accolades in the form of several awards for being perfect in its niche.
The Pride of Tamil Nadu Award for BFSI, Golden Peacock Award 2017 for Best Risk Management and also the name of the dream company to work for.
Reliance Health Insurance
Reliance is one of the most popular general insurance providers in India. This company has 139 branches spread all over India from where you can get service from them according to your requirement.
Connecting with them has become easier now with the availability of online facilities.
ManipalCigna Health Insurance
ManipalCigna Insurance Company Limited (earlier known as SignatiK Insurance Company Limited) is a joint venture between Manipal Group and Cigna Corporation, the world leader in the insurance market.
ManipalCigna Arogya Yojana provides coverage for all types of insurance such as, health, personal accident, critical illness, travel, and global care-workers, single customers, and non-doers and non-workers to secure their health.
New India Assurance Health Insurance
New India Assurance Health Insurance GI Company was established in the year 1919 and its head office is located in Mumbai.
This insurance company has branches in 28 countries. Moreover, New India Assurance is a trusted name among health insurance customers.
Individuals who are under the age of 50 years do not require any pre-check up to buy most of their health plans.
Future Generali Health Insurance
Future Generali Health Insurance is a joint venture between Future Group, and in India and Generali Group, one of the largest insurance companies in the world, spread across the country through 137 branches.
It offers a range of insurance solutions with a unique combination of the extensive network of Insurance Future Group and the local experience and insurance expertise of Generali Group.
Edelweiss Health Insurance
Edelweiss Health medical insurance plan offers coverage for singles, families, and groups. It is of three types – Silver, Gold, and Platinum.
Under the Platinum Plan, comprehensive coverage of a sum assured of Rs 1 crore is given to the insured. Critical illness coverage is offered in both Gold and Platinum plans.
Liberty Health Insurance
Liberty Health Insurance was started in the year 2013 and offers the benefits of a wide variety of health insurance products.
This company has more than 5000 partner hospitals where the insured gets a chance to get cashless treatment.
For its service, Liberty General Insurance has been awarded the Employer of Choice Award by Excellence Awards.
Max Bupa Health Insurance
Max Bupa Health Insurance is present in more than 190 countries and claims settlement takes place without any third-party intervention.
To keep the insured hassle-free, the company provides the service of cashless claim pre-authorization in 30 minutes.
IFFCO Tokio Health Insurance
IFFCO Tokio Health Insurance is one of the most popular insurance products provided by IFFCO Tokyo General Insurance Company.
Established in December 2000, this renowned insurer offers the best, hassle-free, and clean claim settlement.
This insurance company also gives the benefit of cashless treatment to the villagers in more than 5000 network hospitals of India.
National Health Insurance
It is the most famous and oldest government industry in India that provides insurance coverage to Indians.
It was started in the year 1906 and till date, its branches are spread all over India around 1998. It is one of the popular industries that offers National Health Plan Plans to Singles, Families, Unions, and Adults with Comprehensive Coverage.
Under this, cashless treatment is provided in more than 6000 network hospitals across India.
After that, Reliance Health Insurance has made its existence all over the country and abroad. Reliance gives you both single and family floater plans.
In addition, independent women can now avail a rebate of 5 percent on the premium amount.
Royal Sundaram Health Insurance
Royal Sundaram Health Insurance GI Company Limited is a popular General Insurance Company in India. In this, the insurer gives the benefit of cashless admission in about 5000 network hospitals.
Royal Sundaram Health Insurance also offers the service of long-term renewal.
Raheja QBE Health Insurance
Raheja QBE Health Insurance is an industry owned by Rajan Raheja Group. It is one of the popular companies in India.
The insurer offers health insurance policies and cancer insurance policies with comprehensive features. It would also cover cashless for non-medical related expenses such as attendant and sanitation expenses.
Their cancer insurance policy provides coverage from 1 day to 70 years for single customers.
SBI Health Insurance
SBI Health Insurance is a joint venture of The State Bank of India and Insurance Australia Group. This insurer offers both single and group health insurance.
According to customers' opinion, this company is extremely reliable.
Star Health Insurance
Star Arogya Yojana is India's first standalone insurance company. It was formed in 2006 by Star Health and Allied Insurance Company Limited with the objective of providing Overseas Medicare Policy,
Health Insurance, and Personal Accident Plan. This insurer of over 9800 network hospitals has been awarded the BFSI Brand Award by The Economic Times in 2019.
Over the years, this insurer has been able to establish a good reputation in the insurance market of India.
As per their requirement, customers can buy health insurance plans ranging from Rs.50,000 to Rs.5,00,000 Sum Assured.
Universal Sompo Health Insurance
Universal Sompo GI Company is a private-public industry established in 2007. It has been jointly formed by Dabur Investment Corporation, Indian Overseas Bank, Karnataka Bank, Allahabad, and Sompo Japan.
Universal Sompo health insurance plan offers simple and precise insurance services to its customers. Cashless admission is also available in more than 5000 network hospitals.
This insurer also offers plans for individuals, families, groups, NGO, and students.
United India Health Insurance
United India Health Insurance is a well-known general insurance company in India. It was formed by amalgamating 22 companies and has its head office in Chennai.
Cashless treatment is available under this in more than 7000 hospitals across India. Apart from this, this insurer is also approved by ICRA for its high claim settlement capability and high solvency margin ratio.
Tata AIG Health Insurance
Tata AIG Health Insurance General Insurance is a joint venture between the Tata Group and American International.
With this, a cashless admission facility is available in more than 4000 network hospitals connected with it.
These insurers follow a simple claim settlement process with the help of which the insured does not have to worry about the claim and can focus on their treatment.
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