Buy Health Insurance Plans Online in 2024

Health insurance is a type of insurance coverage that pays for medical and surgical expenses incurred by the insured. Health insurance is a type of insurance that provides financial assistance to the policyholder in case of medical emergencies.

Buy Health Insurance Plans Online

It covers both medical and surgical expenses. Under this, the insurance company pays for hospitalization, treatment, and surgery-related expenses.

What is Health Insurance?

"Health insurance is a system in which an insurance company agrees to cover all your medical expenses in exchange for a monthly premium. This insurance provides a guarantee to cover the expenses incurred due to illness or accidents.

In health insurance, both medical and surgical expenses are covered. Additionally, the facility of cashless treatment is also available. During illness, hospitalization, and medication expenses, you don't have to pay from your pocket; instead, the insurance company covers the expenses.

In a health insurance policy, coverage is provided for medical expenses incurred due to accidents, illnesses, or injuries. Any individual can avail the benefits of health insurance policy by paying premiums at regular intervals, either monthly or annually."

How to Buy Health Insurance Online?

Here are the steps to purchase health insurance online:

Health Insurance Plans For Family in India

Here are the some Health Insurance Plans For Family in India

This table information taken from Policy Bazaar

Family Health Insurance Plans Sum Insured
Key Benefits
Aditya Birla Activ Health Platinum Plan 2 lakh to 2 crore
  • Day care procedures
  • In-patient hospitalization expenses
  • OPD cover
  • Home treatment
  • Obesity Treatment
Bajaj Allianz Health Guard Plan 1.5 lakh to 1 crore
  • Pre-post hospitalization expenses
  • Road ambulance charges
  • Preventive health check-up
  • Maternity expenses
  • Bariatric surgery cover
Care Health Insurance Plan 5 lakh to 6 crore
  • Maternity cover
  • In-patient-hospitalization expenses
  • Organ donor expenses
  • Daily allowance
  • Annual health check-up
Digit Health Insurance Plan 2 lakh to 3 crore
  • Pre-post hospitalization expenses
  • Maternity benefit
  • In-patient hospitalization benefit
  • Psychiatric illness cover
  • Worldwide coverage
HDFC ERGO my:health Suraksha Plan 1 lakh to 5 crore
  • Home healthcare
  • Alternative treatment
  • Road ambulance service
  • In-patient hospitalization expenses
  • Organ donor cover
Kotak Mahindra Health Care Plan 2 lakh to 25 lakh
  • In-patient hospitalization expenses
  • Free health check-up
  • Ambulance cover
  • Pre-post hospitalization expenses
  • Day care procedures
Reliance Health Infinity Plan 3 lakh to 5 crore
  • Pre-post hospitalization expenses
  • Domiciliary hospitalization
  • Mother and child care benefit
  • Double cover benefit
  • OPD cover
SBI Super Health Insurance Plan 3 lakh to 2 crore
  • Hospitalization expenses
  • Maternity expenses
  • OPD cover
  • Recovery benefit
  • Global cover
Tata AIG MediCare Premier Plan 5 lakh to 50 lakh
  • In-patient treatment
  • Consumables benefit
  • Vaccination cover
  • Maternity cover
  • High end diagnostic cover

Documents Required for Health Insurance

Here is a concise overview of the key documents required for purchasing health insurance:

Best Health Insurance Companies in India

Here is a list of some of the best health insurance companies in India:

Insurance Company Claim Settlement Ratio for FY 2021-22 Network Hospitals Solvency Ratio Incurred Claims Ratio 2023
ACKO Health Insurance Company 97.20% 14300+ 4.3 83.88
Star Health and Allied Health Insurance Company 99.06% 14000+ 2.0 65
Kotak Mahindra Health Insurance Company 96.90% 9000+ 2.2 56.01
HDFC ERGO Health Insurance 98.49% 12000+ 1.7 79.04
IFFCO Tokio Health Insurance Company 89.38% 7000+ 1.7 111.18
ICICI Lombard Health Insurance 97.07% 7500+ 2.5 77.33
BAJAJ Allianz Health Insurance Company 96.59% 18400+ 3.6 74.27
Care Health Insurance Company 100% 9747+ 1.8 53.82
National Insurance Company 86.28% 3000+ 0.3 102.35
Reliance General Health Insurance Company 98.65% 9100 1.5 86.31

In conclusion, purchasing health insurance online has become an increasingly popular and convenient option for many individuals and families.