10 Best Health Insurance Plans in India 2022

Take a look at some of the best health insurance plans you can buy in India:

Bajaj Allianz Health Guard plan

It is a comprehensive health insurance policy that protects you against all major healthcare medical expenses.
Its key benefits include:

• Allows for cashless services. It has partnerships with almost all major hospitals.
• Covers homoeopathic and ayurvedic therapies, too.

The only drawback is its waiting period, which is 36 months for pre-existing and 24 months for specific diseases. 

Aditya Birla Activ Health + Multiply Fit Policy

This four-in-one policy focuses on providing you with health insurance coverage along with fitness and wellness rewards.
The key benefits are:

• Wide sum-insured options.
• No age limit.

However, the initial waiting period for the claim is 30 days. 

Care Youth Health Insurance Plan 

This is specifically tailored for the youth. It provides comprehensive sum insured coverage, special discounts, no co-pay clause and new-age benefits.
Some other ‘wow’ factors include: 

• Coverage against COVID-19.
• Claim settlement is more than 95%.

The only drawback is that this plan, too, has a 30-day initial waiting period.  

STAR Health’s Senior Citizens Red Carpet Health Plan 

This one is designed solely for senior citizens. Most health plans in the market have a maximum age allowance of 65 years. However, STAR Health policy assures coverage beyond the general age bar.
Its advantages include:

• Lifetime renewability option.
• Pre-medical screening is not required. 

Please note that pre-existing diseases are only covered after the completion of one year.

ICICI Lombard – Complete Health Insurance Policy 

This is a pretty versatile one, as it is equally suited for an individual or an entire family. You have the option to pick from a wide range of premiums according to your medical requirements.  
Its advantages include:

• Covers hospitalization expenses on account of COVID-19.
• Lock period of 15 days.  

Pro Tip: Donor benefits, pre-existing disease coverage, and pre-policy medical check-up are only available at an additional premium.

Reliance Health Gain Policy

This insurance provides the maximum flexibility among all on this list. As a policyholder, you get to choose coverage and benefits as per your needs. Also, the options are a lot.
Their best offerings include: 

• No limitation on bed prices. 
• It covers all modern treatments, which is up to 100% of the sum insured.  

On the flip side, the 36 months waiting period for pre-existing conditions is a drawback. 

IFFCO Tokio Personal Accident Insurance Policy 

This personal accident insurance protects an individual and their family. It covers all unfortunate accidents.
Furthermore, it offers you:

• Worldwide coverage.
• Lifelong renewability.

However, the funeral and ambulance benefits are only available for an additional premium. 

Royal Sundaram Family Plus Policy 

This policy aims to provide wide-ranging coverage at reasonable prices. It is exclusively curated for large families. Also, it covers up to a whopping 19 relationships.
The best benefits include: 

• No cap on hospital bed/room charges.
• Guaranteed lifelong renewal. 

But this policy lacks flexibility. You are forced to choose one base sum and one floater sum insured, which is a major con.  

Niva Bupa Health Pulse Policy 

It is the most pocket-friendly health insurance plan on this list. You can get coverage ranging from INR 3 lakhs to 25 lakhs at the most affordable premium rates.
The other key advantages include:

• Covers more than 8,600 hospital networks.
• Operate fully cashless.
• Claims get settled without the involvement of third-party agents. 

The only concern is this policy has up to 20% co-payment available as per conditions.

Tata AIG Super Top-Up Policy 

It is a comprehensive add-on plan that aims to provide additional security, over and above any other available health policy, at fairly affordable rates.
The pros are:

• Impressive claim settlement ratio.
• No pre-policy health checkup is required. 

But again, there is a 36-month waiting period for pre-existing conditions.