Thursday, August 6, 2009

Premium Comparison of Insurance Companies for Health Insurance in India

Age 33, Sum Insured Rs. 5 Lakhs


Companies / Parameters
Star Health
Cholamandlam MS
Apollo DKV
Sum Insured (Individual)
500,000
500,000
500,000
Name of Policy
Medi Classic
Chola Health Insurance (Individual Health)
Easy Health Individual Health Insurance
Premium (including service tax)
5,506
5,843
5,730
Renewal upto what age
80
70
NR
Cooling Off Period (days)
30
30
30
Specified diseases excluded for (yr)
Refer to the policy documents
Refer to the policy documents
Refer to the policy documents
Pre-existing diseases (cover after yr)
upto 2 yrs
4 yrs
3 yrs
Cashless facility & Network of hospitals
Yes
Yes
Yes
Ambulance Charges
Rs. 750 per hospitalisation
Covered
Upto Rs. 2000
Room & Boarding Expenses
2% of SI
1% of SI
1% of SI
Accidental Cover
Covered
Covered
Covered
No Claim Bonus / Cumulative Bonus
NA
5%
10%
Discount (if 2 or more persons take individual policy from same family)
10%
5% for 2 person 10% for 3 or more person
10%
Renewal Discount
5%
NA
NA
Free Health Checkup
Covered
Covered
Upto 1%
Pre-hospitalization (days)
upto 30 days
60
30
Post-hospitalization (days)
lump-sum of Rs. 7% of hospitalisation expenses
90
60


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