What is a health insurance policy? It is a piece of agreement between the companies between health insurance and policy seeker. According to the terms of the policy, the insured will get the medical expenditures from the insurer. In order to have the policy, the insured will have to pay the premiums that too on a frequent interval. However, he may choose to pay either monthly or yearly. However, the span of the health insurance policy is restricted so it is advisable to have multiple health insurance schemes.
United India Health Insurance
The United India Health insurance came into light in the year 1938. It is a government-organized insurance company having about 2200 offices in various parts along with regional centres. Over the years, it has fostered growth with over Rs 16,000 crores.
New India Assurance Health Insurance
New India Assurance Health Insurance is the remarkable health insurances in India that have been in operation since 1919. It was incepted by Mr.Dorabji Tata and has since then it has spread its wings to 2300 centers that include regional, divisional and micro offices.
Oriental Health Insurance
The foundation of the health insurance company was laid in the year 1947. The authentic health insurance company has its base in about 1800 centers. However, it made a global presence at places like Kuwait, Dubai, Nepal, and Qatar.
National Health Insurance
The oldest and the best health insurance policy company were formed in Kolkata in the year 1906. After operating for 66 years the company collaborated with other foreign and Indian companies to get the title of the national insurance company.
Star Health Insurance
Star health insurance is present all over 7200 areas and has covered and has the record of settling claims in one hour only.
ICICI Lombard Health Insurance
The health insurance from ICICI Lombard also offers huge privileges but the cashless hospitalization is the best among all. It has all over 3200 centres in different places.
Apollo Munich Health Insurance
Apollo is one of the biggest healthcare groups in India. Apollo offers an inclusive package based on simple terms but inclusive of all kinds of health benefits. It only takes 2 hours to complete the cashless process while only 30 days are taken to cope with remaining claims.
HDFC ERGO Health Insurance
It is designed to leverage insured with couple of benefits like cashless procedures in hospitals, no bonus claim, and the adjustable payment option. It has about 7000 branches all over the country.
SBI Health Insurance
SBI health insurance is one of the reliable with 14,000 as active operating branches all over India. It is one of the ruling ones because it got the awards three times for its untiring hard work as a health insurer.
Bajaj Allianz Health Insurance
The Bajaj Allianz Health insurance has the widest network covering 4000 hospitals. It has been awarded the best by the Asia Insurance industry award. This is because it has largely satiated its customers.
These are the ten best health insurance companies.