Started in 1986 in India, the health insurance companies has seen dramatic development in the country. As of now, there are 30 health insurance companies in the country that offer health insurance items.
However, out of these, 25 are General Insurance Companies in India offering health insurance plans and 5 are Standalone Health Insurance companies. An overall insurance organization bargains in different insurance items, for example:
- travel insurance,
- engine insurance,
- health insurance,
- country insurance,
and so on with the exception of life coverage, though an independent health insurance companies bargains just in health insurance.
Top 5 Health Insurance companies in INDIA:
Established in the year 2000,one of the best health insurance companies in India. IFFCO Tokio General Insurance is a joint endeavor between Indian Farmers Fertilizer Cooperative Limited (IFFCO) and Tokio Marine Group. Therefore, world’s biggest fertilizers maker and the last is one of the biggest insurance bunches in Japan. IFFCO holds 51% in the organization though the excess 49% is held by the Tokio Marine Group. It is an overall insurance organization that separated from health insurance plans,
- sells vehicle insurance plans,
- bike insurance plans,
- travel insurance plans,
- home insurance plans,
and corporate arrangements like property insurance and responsibility insurance. The guarantor offers a wide scope of health insurance plans including
- singular health insurance plans,
- family floater health insurance plans,
- and senior resident health insurance plans.
Care Health Insurance, prior known as Religare Health Insurance, is a joint endeavor of Reliance Enterprises Limited, Union Bank of India, and Corporation Bank. The organization is an independent health insurance organization that offers a wide scope of health insurance intends to oblige shifted necessities of the arrangement purchasers. While these incorporate individual health insurance plans, maternity health insurance plans, family floater health insurance plans, senior resident health insurance plans, and basic sickness health insurance plans. Meanwhile, a portion of the famous health insurance plans offered by the guarantor incorporate Care Freedom, Care, and Care Senior Policy. These plans accompany various elements and inclusion helps that suit various necessities of people at reasonable expenses.
Max Bupa Health Insurance is perhaps the most well known independent health insurance companies in India. Individuals pick this safety net provider to purchase health insurance designs. however, that cover them just as their families at moderate expenses. The Insurance organization has numerous health insurance designs that oblige various prerequisites of people and families at moderate expenses. While, the plans accompany various provisions and inclusion helps that you can pick according to your financial plan and different necessities. Some mainstream health insurance plans offered by the safety net provider are:
- Health Premia,
- Health Companion,
- ReAssure, and Money Saver Policy.
So, these accompany diverse aggregate protected alternatives, that you can pick according to your necessity.
Navi Health Insurance is a new age online insurance company and one of the finest health insurance companies in India. Meanwhile offers different types of health insurance plans to fulfil varied health insurance needs of people. Started operating in 2017,however, the insurance company is a wholly owned subsidiary of Navi Technologies. Therefore, company aims to make health insurance simple, affordable, and accessible to Indians. So, it is a general insurance company that apart from health insurance, also offers car insurance plans, bike insurance plans, property insurance plans, gadget insurance plans, and commercial insurance plans. It has more than 10,000 network hospitals where you can avail cashless treatment without any hassle. While, the insurance company has a hassle claim settlement process and hence many people look up to this insurer for their health insurance needs.
A Company which is from an independent health insurance companies, that was corporate in the year 2014. ManipalCigna Health Insurance organization offers a wide scope of health insurance plans while, offering extensive coverage to the guaranteed that oblige shifted necessities of people. Therefore, it is a believed insurance organization that gives differed insurance arrangements. For example:
- individual mishap plans,
- top-up health insurance plans,
- singular health insurance plans,
- every day cash plans, and so forth.