Health Insurance covers insurers’s medical-surgical expenses, prescription medications, and accidents. There is nobody who intends to get unhealthy but a solemn problem can strike anyone at any time, and one has to be careful with such an emergency. Health insurance covers expenses related to a medical emergency and aids to deal with the financial fallout that comes with such conditions. Medical expenses are increasing year after year and inflation in the medical sector is much higher than in the food and clothes sector. With health insurance, you are assured of a secure future in both health and finance, this makes health insurance policy more important for those individuals, especially if they are responsible for the financial well-being of the family.
Health insurance is beneficial for a student in college life and if you are planning to study abroad then health insurance is mandatory to studying abroad. Although most of the students are not aware of it, when students find that they need it, they have to buy insurance from the college/university abroad and it can be more expensive than the policy in India. Many students spend a huge premium on health insurance at universities abroad where student insurance plans are available at affordable rates in India. Most of the health insurance companies in India have now started selling policies through banks to students applying for education loans. Health insurance will not only help in vacating a lot of unnecessary financial worries of medical emergencies but will also help you make the experience more convenient and easy.
We shortlisted the best health insurance companies on their customer base and services, to answer queries about which is the best health insurance company in India.
Best Health Insurance Policy for Students
Bajaj Allianz Health Insurance:-
Bajaj Allianz Health insurance company is a combined venture of Bajaj Finserve Ltd. and Allianz SE, also a leading health insurance company that provides a vast range of insurance policies with life insurance and general insurance. Bajaj Allianz Health Insurance offers a range of policies that fulfills the requirement of individuals and offers both online and offline Insurance plans. Various Health Insurance plans of Bajaj Allianz start from Rs 334/ month which contains 6000+ hospitals and get coverage for as high as Rs 1 Crore with lifetime renewability of insurance policy. Because of its high claim settlement rate of 98% and affordable plans, these policies are the most evident choice for those who seek the highest coverage at a reasonable cost. You can check more details about Bajaj Allianz health insurance plans from the link given below:-
Health Insurance Plans: Buy Medical Insurance Policy in India | Bajaj Allianz
Aditya Birla Health Insurance:-
Aditya Birla Health Insurance offers various insurance policies at an affordable premium for the needs of a wide range of customers, including personal accident cover, health treatment cost, critical illness cover, etc… Aditya Birla Health insurance’s various plans start from Rs 256/month which contains over 8000+ hospitals and get coverage for as high as Rs 2 Crore with lifetime renewability of insurance policy. Aditya Birla Health Insurance provides both individual and family plan policies that fulfill the needs of a wide range of customers, you can choose a plan according to the budget that meets your needs. You can check more details about Aditya Birla health insurance plans from the link given below:-
Bharti AXA Health Insurance:-
Bharti AXA Health Insurance provides numerous Health insurance policies to fulfill the varied need of customers, and the insurer gets a broad range network of hospitals where the insured customer can avail of cashless treatment. Bharti AXA Health Insurance coverage can be enhanced with addon benefits like critical illness, and maternity expenses, as per the need of the policyholder. Bharti AXA Health Insurance includes 4500+ hospitals, they have settled 1.8 million claims of 1.3 million+ customers, and you can get coverage for as high as Rs 1 Crore. Bharti AXA Health Insurance offers Health insurance plans for individuals, families, and even senior citizens with lifelong renewability of health insurance policy. You can check more details about Bharti AXA health insurance plans from the link given below:-
Reliance Health Insurance:-
Reliance General Health Insurance Ltd is a leading health insurance company that offers numerous health insurance policies at a pocket-friendly cost and has a larger insurer customer base of Individuals, families, and senior citizens. Various plans of Reliance Health Insurance start from Rs 412 per month which covers 7000+ hospitals and their policy term is 1/2/3 years with the sum insured ranging from Rs 50,000 to 1 Crore. Reliance General Health Insurance plans can be purchased for individuals between 91 days to 65 years and the insurers get no room caping which means insurers can get admitted to any room of their choice. Policyholders who have vaccinated either single or both doses of the COVID-19 vaccine will be eligible for 5% additional premium savings. You can check more detail about Reliance health insurance plans from the link given below:-
Oriental Insurance Company:-
Oriental Insurance Company, an associate of Oriental Government Security Life Assurance Company Ltd, laid its foundation in 1947, which provides insurance coverage to a wide range of projects including power plants and petrochemical plants. Oriental Insurance offers various health insurance options for rural and urban populations and has a wide presence in India with 31 regional offices and over 1800 operational offices. Oriental Insurance’s multifarious plans start from Rs 637/month which contains 4000+ hospitals and they have diverse plans for numerous sectors with a high claim settlement rate of 90%. You can check more details about Oriental health insurance plans from the link given below:-