Best Health Insurance Plan In India For 2024

The Aditya Birla Activ Health + Multiply Fit Combo tops our list of best health insurance policies in India for its feature-rich plans. This comprehensive plan offers four-in-one benefits: financial protection, health and wellness, fitness benefits, and rewards in the form of cashback and discounts. It comes with an option to apply for a family floater or take an individual policy. There’s no cap on maximum age entry. However, there’s a waiting period of 36 months for pre-existing diseases. This is quite a new-age plan, which offers a broad sum insured value of up to INR 2 crore. This plan takes care of your insurance needs and also offers cashback discounts and wellness points. Its digitally-enabled wellness ecosystem rewards users for implementing healthy habits.

Key Features:

• Variations: Active Health Platinum Enhanced and Active Health Platinum Premiere.
• The covered services include hospitalization costs, home treatment, modern treatment, chronic cover, and pre-and post-hospitalization.
• It covers medical expenses for 60 days of pre and 180 of post-hospitalization costs.
• Get access to a health coach for fitness counseling.
• The benefit is a double sum insured amount in two years if no claim bonus exists.
• Medical illness, obesity treatment, home treatments are covered up to the sum insured.
• Earn 100% health returns rewards for staying fit and healthy, which is helpful when renewing the policy.
• Annual health-checkups, on-call counseling and dietician advice from the inception of the policy.
• Earn more reward points by accessing live workouts and gym sessions on their app.
• Cashback and discount offers of up to 25% on various lifestyles, travel and entertainment.

STAR Health’s Senior Citizens Red Carpet Health Policy covers anyone over 60. The policy is available for one, two, or three years, with guaranteed lifetime renewal. While the sum insured for individual policy covers expenses from INR 1 lakh to INR 7.5 lakh, floater basis policy offers INR 10 lakh to INR 25 lakh. There is no requirement of any pre-medical screening before purchasing this policy. Also, the waiting period for pre-existing diseases is only 12 months.

Key Features:

• The sum insured on an individual policy is up to INR 7.5 lakh, and up to INR 25 lakh on floater basis.
• No pre-insurance medical test is required.
• Wide sum insured coverage up to INR 25 lakh.
• All daycare procedures are covered.
• Premiums can be paid on a quarterly and half-yearly basis.
• Pre-existing illnesses are covered from the second year of the policy.
• A co-pay of 30% is applied for all claims.
• Comprehensive coverage for daycare procedures and surgeries, modern treatments.
• It covers cataract surgery up to certain limits based on the sum insured options.
• 5% discount on the plan’s online purchase.

HDFC ERGO My: Health Women Suraksha caters exclusively to cover expenses needed to treat critical illness. A single policy covers all women in the family, with comprehensive coverage against minor and major ailments, diseases, surgeries, and pregnancy complications related to women. This plan provides extensive coverage up to INR 1 crore and includes a family discount, long-term policy discount, and loyalty discount. The minimum entry age to apply for this policy is 18 years, and the maximum is up to 65 years. This plan is global, and thus, its benefits are valid across national boundaries.

Key Features:

• Plan coverage for all significant cancers such as breast, cervix, uterus, fallopian tubes, ovary, and vulva.
• Coverage for almost 40 critical ailments.
• It covers major and minor illnesses, where 100% of the sum insured is offered in treating these diseases.
• Includes coverage for job loss, pregnancy and newborn complication cover, and surgical procedures.
• It offers up to INR 10,000 for a second health opinion, if the insured is unsatisfied with the first diagnosis.
• In case of job loss, the insured is entitled to receive 50% of the monthly salary for six months.
• Discount for buying online policy, completing two years and three years policy.

Care Youth Health Insurance plan is created especially for young people, and comes with benefits including no co-payment condition, inflation-proof coverage, and OPD coverage, to name a few. This plan is a new-age health policy for young policyholders, which covers various major and minor illnesses, and comes with loyalty programs and add-ons such as international second opinion, maternity benefit, and discounts.  This policy also covers children aged five years up to 25 years old.

Key Features:

• Sum insured up to INR 25 lakh.
• It covers OPD costs, including doctors, dentist, and ophthalmic consultations.
• Covers in-patient hospitalization, modern treatment, AYUSH treatment, pre-hospitalization cost, etc.
• Optional coverage is available for maternity and newborn.
• Access to health portals, chats with doctors, digital locker for health records, etc.
• Treatments related to AYUSH are covered.
• Avail no claim bonus for every claim-free year up to a maximum limit of 200% of the sum insured.
• Annual health check-ups are once in a policy year.
• In patient hospitalization and modern treatment costs are covered as per the sum insured amount.
• Pre-hospitalization coverage for 60 days and post discharge coverage for 90 days.

Niva Bupa Health Pulse Policy is a low-cost, pocket-friendly health insurance plan, where the insured gets coverage from INR 3 lakh to INR 25 lakh.  There are two variants available: Classic and Enhanced. This policy provides a wide range of benefits including pre-and-post hospitalization expenses, ambulance charges, modern surgeries, HIV or AIDS treatment, and critical illness, along with unlimited virtual sessions with listed doctors.

Key Features:

• Sum insured up to INR 25 lakh.
• Includes cashless coverage for hospitalization costs.
• Covers treatment of 30 days before hospitalization and 60 days after discharge.
• Coverage for the ambulance expenses up to INR 1,500 under the classic plan and up to INR 2,000 under enhanced plan.
• Add 10% to the expiring sum insured in a policy year; maximum up to 100% in a claim-free year.
• Covers expenses related to HIV or AIDS treatment up to a maximum of INR 50,000.
• Coverage for treatment under daycare.
• Avail personal accident coverage up to INR 50 lakh.
• Critical illness coverage is available up to INR 10 lakh.
• Unlimited telephonic or online consultation.
• Option to add up to 150% of the sum insured amount under enhanced refill benefit.
• Avail hospital cash up to the maximum limit of INR 2,000 per day.

The Reliance Health Gain Policy provides a safety net to treat various illnesses. The policy has three variants: Plus, Power and Prime, with a difference in sum insured. Plus plan is ideal for individual policyholders buying health insurance for the first time with a sum insured up to 5 lakhs; the power plan is recommended for a family of four who needs all-round protection with sum insured to 20 lakh, and Prime is a feature-rich plan for customers who are looking for broader coverage with maximum benefits and sum insured is up to 1 crore. It also covers a family of up to 12 members in the same family floater policy.

Key Features:

• The policy has three variants such as:

1. Plus is ideal for individual policyholders buying health insurance for the first time.

2. Power is recommended for a family of four who needs an all-round protection.

3. Prime is a feature-rich plan for customers who are looking for wider coverage with maximum benefits.

• The sum insured is INR 1 crore, depending on your requirements.
• Provides an additional 20% of the sum insured on exhaustion of the base insured amount.
• Base sum-insured cumulative bonus up to 100% in each claim-free year.
• In case of a claim, the bonus decreased by 33.33% of the base sum insured.
• Provides coverage for modern treatment.
• Provides unlimited refill of basic sum insured upon the exhaustion of the coverage.
• Coverage for daily hospital cash and consumables expenses.
• Discount of 15% to healthy customers of 50 years of age with no pre-existing condition.
• Discount on premium from 7% to 12% if the insured buys a two-and three-years policy respectively.
• Enhance the scope of coverage via smart covers, family care covers, convenience covers, and preventive care covers.

The ICICI Lombard Complete Health Insurance plan is a comprehensive health policy for you and your family, with the sum insured from INR 1 lakh to INR 50 lakh. Four variants are available under this policy: Health Shield, Health Shield Plus, Health Elite, and Health Elite Plus. These plans differ in benefits, add-on features, and coverage amount. Notably, this plan doesn’t include co-payment on the claims, and the plan can be bought easily without any hassle of pre-medical checkups if you are below the age of 45. Overall, it offers excellent benefits, helpful add-on features, and a free look period of 15 days.

Key Features:

• Covers pre-existing diseases, long-term hospitalization, post-discharge recovery, etc.
• Covers the expenses for long-term hospitalization and post-discharge recovery through convalescence and hospital daily cash benefit.
• Offers Befit rider, which provides additional coverage of the OPD, requirements on a cashless basis such as doctor’s consultation costs, pharmacy bills, minor procedures, routine diagnostics and wellness therapies.
• There is no co-pay or pre-medical check-up for policyholders until age 45.
• Two complimentary health check-up coupons are available yearly for a family floater policy.
• Pre-existing disease coverage is available after two years waiting period.
• Covers costs related to AYUSH, and day care treatments.
• Benefits include OPD requirements, doctor’s consultation costs, pharmacy bills, etc.
• Call off the policy via a written notice within 15 days of receiving the policy.

The Tata AIG Super Top-up plan is a comprehensive add-on policy that aims to provide security at reasonably affordable rates over and above the regular health plan. This policy offers more expansive sum insured options, several in-built benefits, and optional benefits such as a cumulative bonus, coverage for consumables, and optional global cover. The policy is available for both self- and family coverage.

This plan also offers massive discounts. A policyholder in a family floater will receive a 20% discount for two members, a 28% discount for three members, and a 32% discount for over three members. Similarly, on policy tenure, the insured will receive a 5% discount on two-year tenure and a 10% discount on three-year tenure.

Key Features:

• Coverage is available for up to six members of the family.
• Covers pre- and post-hospitalization, AYUSH treatment, consumables, etc.
• Covers vaccinations related to rabies, typhoid, HPV, Hepatitis B post-two years of the policy.
• Get a bonus on the sum insured up to 100% of the sum insured amount.
• Optional global cover.

Royal Sundaram’s Family Plus Health Insurance Plan caters mainly to young couples and provides them with essential coverage for healthcare expenses related to maternity and newborns. The policy also covers large families with up to 19 relationships. Significant benefits include maternity benefits up to INR 50,000 per delivery, newborn baby cover, domiciliary hospitalization, inpatient care, and daycare treatments.

Key Features:

• Best fit for young couples.
• The waiting period for pre-existing disease is three years.
• Covers maternity benefits up to INR 50,000 per delivery.
• Includes newborn baby cover, domiciliary hospitalization, inpatient care, day care treatments, etc.
• Covers pre- and post-hospitalization expenses.
• Organ donor expense.
• Hospital cash of INR 2,000 per day..
• Annual health check-up.

The Criti Care policy by Bajaj Allianz provides coverage against 43 critical diseases, such as cancer, cardiac arrest, lung or liver transplant, and others. This policy includes lump sum coverage to the insured at the time of need. It is divided into five plans: Cancer Care, Cardiovascular Care, Kidney Care, Neuro Care, Transplant Care, and Sensory Organ Care.

Key Features:

• The sum insured is up to INR 50 lakh.
• The policy tenure is between one, two and three years.
• 5% discount if purchased online and during the policy renewal.
• The insured can avail of a 4% and 8% discount if the policy tenure is two or three years, respectively.
• Lump sum payout of the sum insured, irrespective of the treatment expenses.
• All the stages of cancer or cancer of specific severity is covered.
• Avail an additional 5% of the sum insured for physiotherapy care under particular conditions.

As the name suggests, IFFCO Tokio Family Health Insurance Policy provides medical coverage to your family with a sum insured up to INR 30 lakh. This plan offers all possible coverage, including hospitalization expenses, diagnostic tests, scans, daily allowance coverage, daycare surgeries, health check-ups and vaccination expenses, critical illnesses, and AYUSH treatment costs across more than 7,000 cashless hospitals in the country. Moreover, this plan doesn’t require family members up to age 60 to undergo a medical test. It also provides various discounts, including pharmacy, lab tests, dental care, and home care for seniors.

Key Features

• Sum insured up to INR 30 lakh.
• Room rent and ICU charges are covered up to actuals.
• Coverage for ambulance charges is INR 2,500., and INR 1,000 daily allowance coverage.
• Daily allowance coverage is up to INR 1,000.
• Covers almost 380+ daycare treatments.
• No medical test is required up to age 60.
• Restoration of the sum insured after a claim during the policy period.
• It covers hospitalization costs, as well as pre-and-post hospitalization expenses.
• Covers pre-and-post hospitalization expenses.
• Receive no-claim bonus discount for every claim-free year.

ACKO 1 Cr Platinum Health Plan is a new-age plan that is best if you buy it early. You are eligible to purchase this policy at any time after 18 years. The best thing about this plan is that it offers extensive coverage up to INR 1 crore with no hassle of waiting periods. Treatments are available across 14,300 cashless hospitals across the country, and rest assured that 100% of your medical expenses are covered. It covers all daycare and home treatments along with hospitalization expenses.

The policy also offers various add-ons, such as room rent waivers and doctor-on-call, at a nominal additional cost. The policyholder is also entitled to receive annual preventive health check-ups at no extra cost. Also, the waiting period applies only to individual policyholders above 45. This plan also offers various value-added services, such as wellness coaches, fitness tracking, discounts on lab tests, and home delivery of medicines.

Key Features

• No initial or disease specific waiting periods.
• Can insure up to six dependents, including two adults above 18 years old and children between the age of three months to 25 years.
• Individuals above the age of 45 years need to undergo pre-policy health checkup.
• Sum insured of INR 1 crore.
• You can insure up to six dependents, including two adults (18+ years) and children (3 months to 25 years).
• Only individuals above the age of 45 need to undergo pre-policy health checkups.
• Covers pre-and-post hospitalization costs for listed critical illnesses from day one.
• Add-ons include doctor-on-call, room rent waiver, and waiting period waiver.
• Option to restore the INR 1 crore sum insured fully.
• It covers all kinds of daycare treatment, multiple road ambulance trips, cost of airlifting, etc.