5 Best Health Insurance Companies in India

Seeking good health insurance should be on everyone’s list. It is therefore imperative that you spend some time determining the best health insurance plans along with the best health insurance companies in India. The Incurred Claim Ratio, the number of products, and various benefits offered are some of the criteria that help to decide which are the top best health insurance companies. In this article, we have listed the top five best health insurance companies in India.

The following is a list of the best health insurance companies in the country.

1. HDFC Ergo Health Insurance Limited

To begin with, the HDFC Ergo health insurance is one of the best companies for health insurance in India. The Company is known for most of its innovative products. This also helps it to distinguish from some of the other brands in the country. Several benefits are being offered by the Company. The most attractive part about the health insurance plan by HDFC Ergo is the fact that you can use it in as many as 10,000 hospitals in India. With a high claims ratio of approximately 62%, this is also one of the most profitable health companies.

2. ICICI Lombard General Insurance Company Limited

The number of health benefits products offered by the company puts ICICI Lombard on our list of the best health insurance companies in India. ICICI Lombard is actually a collaborative effort taken by two different companies, namely, ICICI Bank Limited and Fairfax Financial Holdings Limited. Amongst the various health insurance products and benefits offered, the ICICI general insurance is one of its most popular products.

3. Star Health & Allied Insurance Company Limited

With an Incurred Claims Ratio of 63 percent, the Star Health & Allied Company Limited is next on our list of the top five health insurance companies in India. The Company started its operations in 2006 and since then has been known to come up with several innovative options. You can take health insurance plans if you are an individual or a family person. Corporates can also benefit from the plans offered. The Company is best known for its insurance schemes in the areas of international travel as well as personal accident.

4. Bajaj Allianz General Insurance Company Limited

Bajaj has long been known to be a reputed brand in India. The general insurance company floated by Bajaj and Allianz is one of the best health insurance companies that India can boast of today. The sheer variety of products offered by the Company makes it attractive and in demand. Some of the best-known products by Bajaj include Silver Health, Health-Guard, as well as others. The major distinguishing feature of the Company is that it boasts of settling claims in a matter of just an hour.

5. Cigna TTK Health Insurance Company Limited

If you are looking for an affordable health insurance option, then Cigna TTK Health Insurance Company is one of the best companies for health insurance in India today. The Company boasts of being a joint venture between a US-based Company called Cigna Corporation and the TTK group based out of India. The organization wants to have a wide distribution model so that it can serve as many people and as many communities as possible.

Thus, the above are some of the best health insurance companies in India today.