Best Selling Health Insurance Policies in India

What should you consider when choosing a health insurance policy? One could answer this question in many ways. But ideally, one should look for maximum cover at least premium when choosing the best Health Insurance Policy. The maximum cover will ensure you don’t have to pay from your pocket in case something untoward happens to your health. Usually, insurers put certain limits regarding the coverage of different medical expenses. So choosing a policy with least or no limit on expenses will do yourself a lot of good! And if all that comes at a premium that you can afford, choosing the policy at the earliest will only put you in good stead.

If you talk about the top selling health insurance policies in India, they come with extended coverages, standout features and attractive premium rates. As a result, these policies have connected well with the customers. Want to join the list of such ‘Happy Customers’? Let’s read about such policies here and choose the best one for yourself.

So Which are Those Top Selling Health Insurance Policies?

Let’s know first the health insurance companies that offer such top selling policies. These companies include Niva Bupa, Star Health, HDFC Ergo, Aditya Birla, etc.  Niva Bupa’s Reassure, Health Companion, HDFC Ergo’s Optima Restore and My Health Suraksha, Star Health’s Family Health Optima are quite popular among customers. Let’s discuss these policies individually.

Let’s Check Out the Benefits of Niva Bupa Health Insurance Policies First

Of the wonderful health insurance policies that Niva Bupa has, we have picked out its best two – Niva Bupa Reassure and Niva Bupa Health Companion – based on the overall features.

Niva Bupa Reassure

Niva Bupa Reassure is a Family Health Insurance Plan that comes with unique features such as unlimited reinstatement up to the base sum insured in a policy year, up to 30% discount on renewal premium, 50% hike in the sum insured on not claiming in a year; which can go up to even 100%, etc. Check out below some other benefits of this policy.

1. As many as 6 family members can get covered with Niva Bupa Reassure.
2. The sum insured starts from INR 3 lakh and can go up to even INR 1 crore
3. In-patient hospitalization expenses cover up to the sum insured for room rent and ICU expenses without any limits
4. Covers expenses made 60 days before getting admitted to a hospital and 180 days after you are discharged from it
5. Domiciliary treatment cover by which you can receive medical treatment at home due to unavailability of hospital beds or as per the advice of the doctor
6. Cover for daycare procedures that do not need more than 24 hours of hospitalization. These procedures include dental, ENT, etc.
7. Cover for emergency ambulance expenses available once you get approval for in-patient claims
8. Cover for Ayurveda, Unani, Siddha and Homeopathy treatments
9. Get health checkup for all the insured members starting from Day 1
10. Personal Accident Cover based on the chosen base sum insured
11. Hospital Cash add-on cover for up to 30 days of hospitalization if you are admitted to a hospital for more than 48 hours
12. Increase your cover annually based on the inflation rate as well as a cover for non-payable items without impacting your booster benefit

Premium Payable 

Starts from INR 9,111 per year

Niva Bupa Health Companion

Niva Bupa Health Companion policy comes with a sum insured of up to INR 1 crore along with no cap on room rent except for suite and above room category. Along with that, you will get a no claim bonus, which means if you don’t claim in a year, your base sum insured increases by 20%. The maximum increase can be 100%. If the sum insured gets exhausted, you will get it back if the subsequent or current claim made is different from what’s already claimed during the policy year. Other benefits of this policy include the following –

1. Cashless cover for hospitalization expenses at any of the designated network hospitals
2. Cover for expenses made 30 days before hospitalization and 60 days after hospitalization
3. Emergency ambulance cover for upto INR 3,000 after the acceptance of in-patient claim
4. Cover for daycare procedures
5. Home treatment cover available if it cannot happen at a hospital due to the lack of bed or the doctor advises for a home treatment
6. Organ transplant cover
7.  Cover for AYUSH treatments (Ayurveda, Unani, Siddha and Homeopathy) up to the sum insured

Premium Payable 

Starts from INR 5,085 per year

Let’s Talk About HDFC Ergo Health Insurance Policies Now

HDFC Ergo Health Insurance maintains an impressive claim settlement ratio, which was 90.32% for FY 2018-19. The list of top selling HDFC Ergo Health Insurance Policies includes Optima Restore and My Health Suraksha. Let’s discuss these two policies without any further delay.

Optima Restore

This Optima Restore Plan from HDFC Ergo is renowned for its all-round features that include the restoration of cover after the first claim. Doesn’t matter whether you have utilized a partial or the entire sum insured, the restoration can happen. If you remain fit and don’t claim in a year, your sum insured can rise up to 100%, as part of the no claim bonus offering from HDFC Ergo. Additionally, the policy comes with the following benefits –

1. Hospitalization Expenses
2. Covers cost of diagnosis and follow up consultations
3. Daycare procedures covered
4. Emergency ambulance costs covered upto INR 2,000 per hospitalization
5. No sub-limit on room rent
6. Cover for advanced procedures like robotic surgeries, oral chemotherapy, and stem cell therapy
7. Cover for organ donor expenses
8. Lump sum payment of INR 10,000 for other financial losses due to your absence at home, provided you stay in the hospital for 10 days on a trot
9. Pre-hospitalization expenses covered upto 60 days
10. Expenses of up to 180 days post-discharge will be covered
11. Additional 10% discount on premiums upon adding more than 2 members in a single Optima Restore – individual policy
12. Lifelong renewal facility

Premium Payable 

Based on the city of residence

My Health Suraksha

Another HDFC Ergo Health Insurance policy that has caught the attention of customers with its no limit on room rent, free health check-up every year, restoration of the sum insured if getting exhausted, cashless home treatment, etc. HDFC ERGO my:health Suraksha covers some other expenses that you could see below.

1. Hospitalization expenses for the covered illnesses
2. Pre-hospitalization expenses for up to 60 days before admission to the hospital and expenses made 180 days after discharge
3. Daycare procedures
4. Ayush Treatment
5. Organ donor expenses
6. Lump sum payment of INR 10,000 in case you stay in the hospital continuously for 10 days
7. No medical checkup required for people upto 45 years
8. Free health checkup within 60 days after policy renewal
9. Lifelong renewability

Premium Payable

Based on the city of residence

USP of Aditya Birla Health Insurance Policies

With more than 7,000 network hospitals across 650+ cities in India and having a distinction of insuring more than 8.9 million lives so far, Aditya Birla ranks among the top health insurance companies in India. Its top two health insurance policies are Activ Health Platinum Enhanced and Activ Assure Diamond. Let’s talk about each of these two policies.

Activ Health Platinum Enhanced

This health insurance from Aditya Birla comes with a sum insured as high as INR 2 crores, a chronic management program, and the choice of the hospital room. What’s more, you could get rewards for staying fit and healthy. The reward comes in the form of earning 30% of the annual premium. You could either use that to pay your renewal premium or buy medicines and get diagnostic tests done, etc. The plan also comes with some other benefits that you could check below.

1. Enjoy day 1 cover for costs of diagnostic tests, medicines as well as doctor consultation in case you are caught with chronic illnesses such as hypertension, high cholesterol, asthma and diabetes
2. 100% reload of the sum insured available in case of unrelated illnesses and accidents within the same year. The reload can happen after the first claim. Doesn’t matter if you have not exhausted the sum insured by claiming earlier, the reload can happen.
3. Flexibility to choose from different hospital room options
4. Cover for hospitalization, pre- and post-hospitalization expenses
5. Cover for Daycare treatment and domiciliary hospitalization
6. Organ donor expenses payable
7. No claim bonus up to a maximum of INR 50 lakh
8. Second E-opinion on Critical Illness
9. Worldwide emergency assistance services
10. Recovery benefit equates to 1% of the sum insured, subject to a maximum limit of INR 10,000, for 10 days of hospitalization

Above, you heard about rewards for staying fit and healthy. But what is the criterion for being called fit and healthy as far as the policy goes? Well, you need to take 10,000 steps per day, burn 300 calories a day or a 30-minute gym session. But what will help establish these fitness numbers? There is one Active Health App that does the same! Just download it and see the numbers on your screen.

Premium Payable

Depends on the sum insured plan, policy term, policy type, optional covers, and the age of the insured person

Activ Assure Diamond

Like the previously mentioned Aditya Birla Health Insurance Policy, Activ Assure Diamond too comes with 30% earning of your annual premium. The criterion for the 30% remains the same as discussed for Activ Health Platinum Enhanced. What other benefits does this plan have? Let’s check out!

1. 150% reload of the sum insured when claiming for unrelated illnesses. The maximum reload won’t exceed INR 50 lakh though
2. Option available to double the sum insured in 2 years courtesy the no claim bonus offering
3. 586 daycare procedures covered
4. Domestic/international emergency assistance services
5. In-patient hospitalization
6. Covers expenses for a maximum of 30 days leading to a hospitalization
7. Covers expenses for a maximum of 60 days after getting discharged from the hospital
8. Domiciliary Hospitalization
9. Road Ambulance Cover
10. Organ Donor Expenses
11. Ayush In-patient Treatment

Premium Payable

Depends on the sum insured plan, policy term, policy type, optional covers, and the age of the insured person

Star Health Insurance Policies

Star Health Insurance Policies are living up to the expectations of customers by offering the best health covers at attractive premium rates. Family Health Optima and Young Star. Let’s check out the benefits of these policies.

Family Health Optima

Star Health Family Health Optima Policy is known for extra sum insured at no additional cost, free health checkup on not claiming in a year, restoration of the sum insured by 100% each time in case of exhaustion, etc. The restoration can be done for as many 3 times during the policy term. Let’s read some other benefits too.

1. Room boarding, nursing expenses as per the limits
2. Fees of surgeon, medical practitioner, consultants, specialists, anaesthetist
3. Costs involved in oxygen, operation theatre, diagnostics, medicines, drugs, imaging modalities, pacemaker
4. Air ambulance charges upto 10% of the basic sum insured during the entire policy term
5. Covers expenses for upto 60 days before the hospitalization
6. Post-hospitalization expenses covered upto 90 days
7. Domiciliary hospitalization covered if the treatment exceeds three days
8. Daycare procedures covered
9. Organ donor expenses covered upto 10% of the sum insured or INR 1 lakh, whichever is less
10. Health checkup costs covered up to the specified limits
11. Covers newborn babies from the 16th day after birth. The coverage limit is 10% of the sum insured or INR 50,000, whichever is less
12. Emergency Medical Evaluation
13. Shared Accommodation & Ayush Treatment up to the specified limits
14. A claim-free year can increase the base sum insured by 25% in the second year and an additional 10% for subsequent years, subject to a maximum of 100%, will happen.

Premium Payable

Starts from INR 5,825 per year

Young Star

As the name suggests, Star Health Young Star Plan is designed for youth. People aged between 18 and 40 years can get this policy that comes in two variants – Silver and Gold. The best part about this plan is the no room rent limit for treatment in a single private room. Besides, it covers the cost of health checkup irrespective of the claim made by you, automatic restoration of the sum insured by 100% for subsequent hospitalization even for disease or illness for which the claim was made before, road traffic accident cover as per the specified limits, etc. Let’s check out some other features of this health insurance policy.

1. Fees of surgeon, medical practitioner, consultants, specialists, anaesthetist
2. Covers expenses for oxygen, operation theatre, ICU, Anaesthesia, blood
3. Covers expenses for up to 60 days before the hospitalization
4. Eexpenses for up to 90 days after discharge from the hospital are covered
5. All daycare procedures are covered
6. E-medical opinion
7. Each claim-free year will increase the base sum insured by 20%, subject to a maximum of 100%
8. Road Traffic Accident will increase the base sum insured by 25%, subject to a maximum of INR 10,00,000
9. Hospital cash benefits of INR 1,000 for each completed day of hospitalization, subject to a maximum of 7 days per hospitalization and 14 days per policy period.
10. Newborn baby cover starts once the child is 91 days old
11. No pre-acceptance medical screening required
12. Cover for Pre-existing diseases after 12 months of continuous insurance
13. There is a provision to include newly married spouse and newborn during the policy term by paying an additional premium
14. 10% discount on the premium at renewal after attaining 40 years of age

Premium Payable

Starts from INR 3,340 per year

Conclusion

Hope you have enjoyed reading the features of these top selling health insurance policies. Compare policies across aspects and choose the one that ticks the maximum boxes.