Health insurance is a policy which covers the medical cost who suffers from expensive disease treatments. You can also say that this is a medical insurance done by the insurer such that can get quality treatment when required. If you made the insurance policy against you then you need not take the tension about paying huge treatment bills. Some of the best health insurance company are there, who provides you the benefits while you suffering from critical diseases.
Generally, you need to pay the monthly or yearly premium in the insurance company for getting back your benefits while you are in need. The policy only gets affected while you claim the insurance after getting ill and you need huge money for doing treatment. You can simply buy the insurance for you or for family members as you need. One doubt may still arise in your mind that which is the best health insurance company to choose. Go through the points below and choose any one of the health insurance company from below.
Basic Guide – Best Health Insurance Companies:
This topic will surely help you to choose the best health insurance companies for your needs. According to IRDA, there are many companies exists who provide you the best returns for your treatment cost. Let us have a look at the best health insurance companies which covers the medicine cost, surgery cost, nursing cost, bed charge, etc. and many more.
· Apollo Munich Health Insurance:
Apollo Munich provides you the best medical assurance with the cashless facility as well. Under a single policy, you can also cover the whole family members as well. But doing the individual policy for everyone will give you more benefits than the other options.
Pros:
1. For the senior citizen, Apollo Munich provides the life-long insurance policy that covers the self and spouse too.
2. If you are Apollo patient then the benefits are more as the company is the joint venture between Apollo Hospitals and Munich Health.
3. This is one of the leading health insurance company exists in India.
Cons:
1. Cumulated bonus gets decreased by 50% if you claim the money in the same year of crediting the bonus.
· Max Bupa Health Insurance:
One of the fastest growing health insurance companies is Max Bupa health insurance. This is a joint venture between Max India Ltd. and Bupa, the health service company from the UK. Without the help of any third party, the company has settled the claim policy.
Pros:
1. The company provides the other coverage of maternity expenses, newborn baby expenses, vaccination and much more.
2. It has different types of health policy which you need to choose as you need.
3. Get unique health relationship program designed for the customers who paid their premium without any drop.
Cons:
1. The policy may get invalid in violation of the company rules for several times.
· ICICI Lombard:
ICICI Lombard is another health insurance providing company in India. This company is a joint venture between the ICICI bank and Fairfax Financial Holdings Ltd. Besides the health insurance, the company provides your other categories of insurances as well. The claim benefits of this company are very good and cover your medical costs in a better way.
Pros:
1. It provides maximum coverage through their variety of health plans.
2. Get a wide range of health care products instantly from this company only.
3. In private sector, this is the largest insurance company as well.
Cons:
1. Dropping or missing policy may lapse your insurance permanently.
· Religare Health Insurance:
The Religare Health Insurance Company consists of the three strong entities. With the collaboration of Religare Enterprise Ltd., United Bank of India and Corporation Bank, this health insurance company is created. You can say that this is the leading health insurance provider in India. Religare was started by the founder of Fortis hospitals that cover up the total 68 hospitals in India.
Pros:
1. It provides the customers to get treatment from more than 4000 hospitals from India.
2. By providing the convenient and helpful policies, the company has captured the trust of peoples in a short time.
3. Under Religare, you will get SRL Diagnostics lab facility from any 1100 collection units in India.
4. Quality treatment is provided by every hospital which covers the total cost of the insurance only.
Cons:
1. No benefits if you withdraw the policy in between the term.
· Bajaj Allianz Health Insurance:
Another joint venture company between the Bajaj Finserv Limited and Allianz SE is Bajaj Allianz Health Insurance. The insurance policies provided by this company are Silver health for Senior Citizens, Health Guard i.e. Mediclaim and Star Package for Family members.
Pros:
1. Get the policy like Hospital Cash that gives the particular sum of money on daily basis for hospitalization.
2. This is an IRDA certified company.
3. They provide the lump sum amount in the critical illness treatment costs like Cancer and others.
Cons:
1. If you did not pay your premium regularly then the company will deny your claim while you get ill.
Hope you all have grabbed the basic information about all the top Health Insurance companies in India. If you think that you also need your Best Health Insurance then choose any one of the companies from the above list. Before applying for the health insurance, please check out the terms and conditions of the company properly. Besides that, choose out the best policy plan according to you and your family needs.
