Are you searching for the best health insurance in India? There are a lot of options available. You can compare health insurance plan premiums and features offered by various insurers and make a choice that best suits your requirements.
Annual Premiums of some of the cheapest health insurance plans in India. Premiums mentioned are for a 5 lakh cover for a 30 year old healthy male. Price alone should not be a factor in selecting your plan. You should look at the features and benefits that the plan offers.
Plan Name | Features |
HDFC Ergo Optima Secure |
Rs. 12,981 |
Niva Bupa ReAssure |
Rs. 8,102 |
Aditya Birla Active Health Platinum Enhance |
Rs. 7,337 |
Care Plus |
Rs. 8,585 |
SBI Arogya Supreme |
Rs. 7,059 |
Digit Insurance Arogya Sanjeevani |
Rs. 3,439 |
Bajaj Allianz Individual Health Guard Gold |
Rs. 10,501 |
TATA AIG Medicare |
Rs. 7,934 |
Reliance Health Wise Standard |
Rs. 8,716 |
Manipal Cigna ProHealth Protect |
Rs. 7,315 |
Royal Sundaram Lifeline Supreme |
Rs. 6,559 |
Liberty Insurance Elite |
Rs. 8,471 |
Magma HDI One Health Support |
Rs. 6,037 |
Chola MS Flexi Health |
Rs. 5,676 |
Oriental Individual Mediclaim |
Rs. 8,166 |
New India Assurance Mediclaim |
Rs. 6,715 |
Raheja QBE Basic |
Rs. 3,627 |
Star Health Comprehensive |
Rs. 8,278 |
ICICI Lombard Health Shield |
Rs. 8,789 |
Future Generali Health Total |
Rs. 6,759 |
Edelweiss (Silver Family Plan of 1A and 1C) |
Rs. 9,136 |
Iffco Tokio Individual MediShieldIffco Tokio Individual MediShield |
Rs. 6,876 |
Navi General |
Rs. 4,503 |
Kotak Mahindra Edge Health Insurance |
Rs. 6,665 |
National Health Mediclaim Policy |
Rs. 11,042 |
When you search for health insurance comparison in India, you will find numerous companies and their plans. Here are Key Features of some of the best health insurance in India:
Plan Name | Features |
HDFC Ergo Optima Secure |
|
Niva Bupa ReAssure |
|
Aditya Birla Active Health Platinum Enhance |
|
Care Plus |
|
SBI Arogya Supreme |
|
Digit Insurance Arogya Sanjeevani |
|
Bajaj Allianz Individual Health Guard Gold |
|
TATA AIG Medicare |
|
Reliance Health Wise Standard |
|
Manipal Cigna ProHealth Protect |
|
Royal Sundaram Lifeline Supreme |
|
Liberty Insurance Elite |
|
Magma HDI One Health Support |
|
Chola MS Flexi Health |
|
Oriental Individual Mediclaim |
|
New India Assurance Mediclaim |
|
Raheja QBE Basic |
|
Star Health Comprehensive |
|
ICICI Lombard Health Shield |
|
Future Generali Health Total |
|
Edelweiss (Silver Family Plan of 1A and 1C) |
|
Iffco Tokio Individual MediShield |
|
Navi General |
|
Kotak Mahindra Edge Health Insurance |
|
Universal Sompo Complete Health Care |
|
National Health Mediclaim Policy |
|
The outbreak of Coronavirus (Covid-19) has devastated the healthcare industry. However, the health insurance policies now cover treatment expenses and hospitalisation expenses arising from Covid-19 disease.
There are specific health plans related to the Corona Virus itself. You can compare medical insurance policies that cover Coronavirus treatment.
Parameter | Criteria |
Entry Age |
Family Floater - 16 days Individual - 18 years |
Pre-existing health condition |
Waiting period may differ from 2 year to 4 years |
You can visit a IRDAI approved comparison site like MyInsuranceClub.com and share your requirement. The premiums and features of various plans will be displayed. In addition to that, you will also get assistance from Certified Advisors on any questions you may have in selecting the best and cheapest health insurance plan that will fulfil your needs.
Both are a type of plan that provides financial protection against health related expenses. However, there are differences between a health insurance and a mediclaim policy. You can compare medical insurance with the health insurance and get a more clear idea about both of them:
Health Insurance | Mediclaim |
It is a comprehensive policy that covers pre & post hospitalisation expenses along with treatment expenses. | It covers only hospitalisation expenses |
Add-on rider coverage is possible in a health insurance policy. Some of the important ones are critical illness rider, personal accidental, accidental disability, and more | It doesn't offer any riders in the policy |
One can avail health insurance benefits, even if not hospitalised. You can claim for OPD, day care treatments as well. | It is necessary to be hospitalised in order to avail the mediclaim benefits |
In order to make a cashless claim, you need to be hospitalised at a network hospital of the insurance company. Cashless claims can be planned or unplanned. Unplanned claims are usually at the time of hospitalisation due to an emergency. Your hospital bills will get directly settled by the insurance company.
In case of a planned hospitalisation, you need to inform the insurance company by filling up a cashless claim form
The insurer will approve a certain amount based on the estimated expenses which will be incurred during the hospitalisation
Post that you will receive a confirmation letter
With this approval, you can avail treatment at the hospital and the insurer will directly settle the bills.
You have to inform the insurer within 24 hours of hospitalisation.The hospital then fills in all your details in the claim form and submits it to the insurer
Your claim will be paid by the company.
Inform the insurer as soon as you are hospitalised
You will have to clear the hospital bills yourself
Then submit all your treatment documents, bills and discharge summary to the insurance company once you are discharged
The insurance company will review all your submitted documents
Once the documents sent by you are reviewed, the claim amount is credited to your account
Follow the below process to buy the best health insurance plan online from MyInsuranceClub:
Step 1 - Evaluate the amount of risk cover you require for yourself and your family
Step 2 - Visit our health insurance comparison page to get various health insurance comparisons in India
Step 3 - Fill in your personal details carefully
Step 4 - You get to compare medical insurance plans of different insurers which matches your requirement
Step 5 - Select a suitable plan which meets your needs and doesn’t burden your current income
Step 6 - After selecting, our trained relationship managers will contact you and guide you through the process of application and first premium payment.
It is a cost sharing agreement between the health insurer and the policyholder to share the cost incurred in the hospitalisation. The policyholder agrees to pay a percentage of the hospital bill. On opting for this clause, the premium charges are comparatively less. This feature is majorly seen in Senior Citizen Health Insurance Plans.
It is similar to the No Claim Bonus. In this, with every claim-free year, the sum insured amount increases by a fixed percentage.
It is a period during which some of the benefits of the policy cannot be used by the policyholder. This period commences from day 1 of the issuance of policy. Pre-existing diseases have a waiting period that is mentioned in the policy document and may vary anywhere between 2-4 years.
The concept of Deductible is applicable in Top-Up and Super Top-Up health insurance plans. In case of a claim, the policy will be effective only after a certain amount of claim. Only if the claim exceeds this amount does the top-up or super top-up policy come into effect. This limit is known as the Deductible.
In some health plans, a fixed cash payment is provided to the policyholder for each day of hospitalisation. You can purchase this as an add on or bundle it with a standard health plan.
Some policies have a limit on the amount that you can pay as your daily room rent when admitted in the hospital. This helps insurance companies in limiting the overall expenses that the policyholder will incur and hence keep costs low. If you exceed the room rent limit, you will have to pay from your pocket
You get a free look period after you buy a health policy. The free look period is 15 days. During this period, you can cancel your policy and get a refund. If no claims have been made, you can cancel the health insurance policy anytime and get a partial refund depending on the time of cancellation - Know more here.
You get a free look period after you buy a health policy. The free look period is 15 days. During this period, you can cancel your policy and get a refund. If no claims have been made, you can cancel the health insurance policy anytime and get a partial refund depending on the time of cancellation - Know more here
If you buy a health insurance policy at an early age, you are entitled to various benefits. The chances of any pre-existing illnesses are low, so your policy will get issued. You can then accumulate a No Claim Bonus and enjoy an increased cover amount. Also, the health insurance policies offer lifelong cover - so once accepted, the cover will continue for life as long as you keep renewing on time.
Yes, you can transfer your medical insurance policy from one health insurer to another. The process of transferring your policy is known as portability of policy. Once you have decided to change your existing plan, it is recommended that you compare health insurance plans from various providers and then initiate the process of porting your plan.
A family floater health insurance plan provides coverage to the policyholder, spouse, dependent children and parents. You can take a single cover for your entire family or select a dedicated cover amount for each family member.
Every health Insurer has tie-ups with several hospitals where the insured person can avail cashless treatment benefit. Such tie-up hospitals are known as Network Hospitals.
Yes, definitely. You can have more than one health insurance plan. Very often, you end up with a corporate plan provided by your employer and your personal health insurance plan.
You may have to undergo a medical test before you buy a mediclaim policy if your age is above 45 years or if you have a health condition which the company would want to know more about. Medical tests are conducted to know if there are any pre-existing illnesses.