best health insurance policy in India 2020
A Health insurance policy is one type of contract between the policyholder and insurance company. In which the insurer pays for all of the medical expenses incurred by the life insured relatively. The insurer will also offer reimbursement for all your medical expenses to ensure any specific are eligible for cashless treatment or not. Through it, you can also get tax deductions on the insurance under Section 80D of the Income Tax Act, 1961 for the premium paid.
The best health insurance policy in India gives you the freedom to enjoy your trip or journey without getting any difficulties in the complexities of travel. By offering primary medical coverage, few exclusions, generous limits, and top-notch customer service.
In short, the best health insurance policy in India should help to cover any injuries or giving you money when a huge delay strikes on the trip. To help you to find the best health insurance for your journey, we looked at 23 of the nation’s top service providers.
Here, We read and reviewed dozens of different policies that compared customer satisfaction ratings, consulted with insurance and travel experts, and considered financial strength ratings of the trip. Those last two factors we put much stock in as you will want not only a company that’s easy to work with health insurance but also one that has the financial backing to settle your claims for the trip. Ultimately, the cost will depend on you, your trip, and the policy which you have taken from multiple providers.
What are the factors that health insurance covers?
There are many policies and plans available under the best health insurance policy in India. Every policy is designed to keep with the policy owner in mind. The inclusions and exclusions of travel insurance are based according to the needs of people. Various policies offer a discount for the child/children in your family. If a policy has met all your requirements otherwise, you can go for it as the premium could be a major saving on your trip and journey.
The premium of best health insurance policy in India is majorly based on the destination. If you are habitat for a health insurance policy with a lower premium, At that time you will have to pay a higher deductible or you will have to compromise on some offerings of travel insurance.
- The person who is suffering from any disease from previous has to either cough up a higher amount of premium for the best health insurance policy in India or will not be covered at all by the travel insurance company. Most insurance companies will provide a policy and exclude any kind of cover related to the pre-existing disease.
- The premium for senior citizens of any country, the health insurance policy is a little more considering the age factor. Besides that, the premium is too much higher if you are traveling to a destination that is famous for any adventure sports.
- At last, The premium of your health insurance policy is based on a lot of factors. Hence, you must carefully read all the terms and conditions of a policy before buying travel insurance online for any company.
Benefits of Health Insurance in India
There are many benefits of best health insurance policy in India from which some are as follows:
- Medical expenses
Falling ill during a journey can be very problematic. Not only spoilt your trip but also you have to spend money on treating your illness. Domestic health insurance in India provides such medical expenses so that you do not have to face any financial losses during the trip.
- Luggage Loss
Whether you travel light or with lots of luggage, the loss of such baggage can prove to be a major impediment in your trip. Not only is there a loss of luggage but also of time and effort in managing your trip will go in waste. Domestic health insurance in India offers you for loss of baggage due to theft or otherwise in all situations.
- Personal Accident Cover
Accidents can happen anywhere, anytime. Therefore, the best health insurance policy in India covers travelers against injuries faced during their journey. Accidental death and disability are also covered at that time.1
- Flight Delay
There can be authentic reasons for a delay in your flight or It can be traumatic to miss a connecting flight for any reason. The best health insurance policy in India provides a cover against such types of risks.
- Personal Liability
There is a chance that your actions while on a trip can cause damage to other person or their property by mistake or for any reason. In such type of cases, The best health insurance policy in India policy can come always be for your help
- Emergency Cash
Health insurance companies know the importance of cash while traveling and make it available during difficult situations.
- Eligibility Criteria
You know that if you are in the age group of 18 to 65 and are traveling in India via airways, roadways, or railways. At that time Your insurance company might also want to know the duration of your trip, your health condition, and other important details that they want.
Top 10 best health insurance policy in India 2020
There is much best health insurance policy in India from which we discuss top 10 health insurance in India which are as follows:
- Bharti AXA Schengen Health Insurance
- ICICI Lombard Health Insurance
- SBI general insurance
- TATA AIG Health Insurance
- HDFC Ergo Health Insurance
- Religare Health Insurance
- Apollo Munich Health Insurance
- Reliance Health Insurance
- Future Generali Health Insurance
- IFFCO Tokio Health Insurance
Bharti AXA Schengen Health Insurance
Bharti AXA Schengen Health Insurance is the best health insurance policy in India that provides Low-Cost Health Insurance Plan is the cheapest Schengen travel insurance perfect for couples individuals, and families who want to travel for leisure and business by paying its emergency care costing up to €30,000, as well as repatriation to your home nation – meaning you’ll be provided for accidents that occur during your trip with a guarantee.
AXA also offers a 24-hour assistance hotline service providing you with expert local advice and instruction on what to do after an incident if you are alone. Bharti AXA travel insurance has a presence in 130+ countries till now. With a 24 X 7 claim assistance and strong customer support by Bharti Assist Global for all insurance-related matters and issues.
Bharti AXA does not require you to undergo any medical check-up to 70 years. You have an option to choose from three Schengen travel insurance plans which cover all over 26 Schengen countries.
2. ICICI Lombard Travel Insurance
ICICI Lombard is the Second best health insurance policy in India to the USA with 360 days of health insurance, an initial 180 days of policy that can be extended further up to 180 days from the starting date. This insurance covers all medical assistance and total loss of checked-in luggage including handbags. ICICI Lombard health insurance has a cashless hospitalization facility in tie-up with United Health International (UHI) mission. UHI is the most diverse and largest healthcare company in the USA.
To Buying, health insurance ICICI Lombard does not require you to undergo any kind of medical test up to 85 years of age. For US Travel, ICICI Lombard offers you two plans for various trip losses and medical expenses in any condition. In both plans, the medical covers are available from $50,000 up to $5,00,000.
3. SBI general insurance
SBI general insurance is the Third Best International Travel Insurance in India (Overseas) which provides a medical cover up to $500,000. Although, it covers only those medical expenses or kits which are primarily like any emergency case.
Further, SBI does not cover if you are traveling against any medical advice or have a pre-medical disease from before or are traveling to get involved in adventure sports.
The Sbi insurer provides a free automatic extension for a week for delays due to public transport services. After that, the extension of health insurance increases or accepted for a maximum of 180 days with a term and condition that the overall trip duration is not more than 270 days. SBI is the only international insurer with unique cover paying for a Bail bond and Golfers hole-in-one till now.
4. TATA AIG Health Insurance
TATA AIG health insurance is the Fourth best health insurance policy in India which only pays you for the loss of your payment card, up to 12 hours of reporting time during traveling. This insurance does not cover pre-existing conditions or any complication while the insurance process. In a life emergency condition, TATA AIG would provide up to $1500 per policy.
It also covers bounced bookings of hotels and airlines respectively. It is one of the best health insurance from India to the UK. This insurance is mainly for senior citizens. This covers all medical and non-medical expenses of senior citizens during their stay in the UK.
5. HDFC Ergo Health Insurance
HDFC Ergo Health Insurance is the Fifth best health insurance policy in India that covers medical expenses for $30,000 to $500,000. This health insurance generally covers 8 Lac+ cashless wide range of hospital networks across the world and has partnered with Allianz Worldwide. It is the only insurance in India as well as other countries that provide health benefits of up to $3000.
6. Religare Health Insurance
Religare Health Insurance is the Sixth best health insurance policy in India which covers many pre-existing elements and also contains a sum of 10% of the total sum of insurance. It also provides a double sum cover (up to $1000K) in case of an accidental cause. It also includes a medical benefit for the upgrading of business class in 5 days of hospitalization.
7. Apollo Munich Health Insurance
Apollo Munich Health Insurance is the Seventh best health insurance policy in India that provides a facility of the cashless benefit of pan India Apollo hospital and Apollo pharmacy networks in case of medical assistance while you want to travel abroad then you can go without any difficulties. Apollo Munich Health Insurance is also known as domestic health insurance in India.
8. Reliance Health Insurance
Reliance Health Insurance is the Eighth best health insurance policy in India which provides cashless hospitalization across the world. This health insurance policy is generally issued instantly with no medical checkup in emergency cases. Although, Reliance does not cover claims of non-declared and non-disclosed pre-existing medical conditions relatively during hospitalization.
9. Future Generali Health Insurance
Future Generali Health Insurance is the Ninth best health insurance policy in India that offers global health protection with some specified customized plans and 24 x 7 toll – free service in emergency need across the world. These health insurance plans generally include a designed plan for health to some Asian countries (excluding Korea and Japan) and European countries according to Schengen Visa. This health insurance also provides medical advice over the phone and provide essential medicines in an emergency case. The medical tests are waived off during that insurance. It also permits an automatic extension of the health insurance for 7 days of the week.
10. IFFCO Tokio Health Insurance
IFFCO Tokio is the Tenth best health insurance policy in India. The best thing about this insurance is that it can allow you to pay through net banking, cards, and even Paytm wallet. This health insurance scheme provides 20 days of hospitalization allowances. Apart from that, It does not cover pre-medical conditions during traveling. It is also known as the best international health insurance plan.