Best Health Insurance Companies in India

Creating awareness about health insurance & using it ethically.

Confused and need clarity on choosing the best health insurance policy in India? This page has key information about top health insurance companies for you to do research. You could also avail my financial consulting services.

Message Venkat : (91) 9384716268

*Small Consulting Fee Applies. I do not issue health insurance myself. I do a session and connect with reliable professionals.

I have come across professionals in Corporate India who depend only on the group health insurance offered by their company as employee benefit. This is okay but they should consider a family floater health plan.

Positively speaking, when you buy individual health insurance, you ensure that no health insurance company can deny issuing policy based on your pre-existing diseases you may or may not get in future.

Learn Health Insurance with tips to buy the best health insurance policy – Apologies for long video.

Disclaimer- I would appreciate if you avail my consulting services before taking purchase decision. Mere information alone may not be sufficiant when you are planning to invest a huge yearly premium. Further, the data may not be accurate as I am human but I try to update consistently. So, kindly do your own due deligence.

Note – I only got FY2020-21 claim settlement ratio data and hence will publish CSR if published on official website. Listing on top does not mean, it’s the best. It just means, I know their products well.

1.Niva Bupa Health Insurance.

Niva Bupa Health Insurance Company Ltd is a joint venture between Fettle Tone LLP (an affiliate of True North Fund VI LLP), a leading Indian private equity firm, and the UK based healthcare services expert, Bupa Singapore Holdings Pte. Limited.

Niva Bupa ReAssure

Niva Bupa Health Companion

Niva Bupa Senior First.

Why Niva Bupa?

Niva Bupa Claim Settlement Ratio – 89.46%

(I will update based on Official website data)

A strong network of hospitals 8600+

Our happy customers 70 Lakhs+

All claims processed directly. No third party involved

2.Care Health Insurance

Care Health Insurance is a specialized health insurer offering products in the retail segment for Health Insurance, Personal Accident, International Travel Insurance, and a Comprehensive Set of Wellness Services.

Care Classic

Care Supreme

Care Advantage – 1 Crore Sum Insured at affordable premium

Why Care Health Insurance?

Care Insurance Claim Settlement Ratio – 95.2 %* (FY 2020-21)

Hospital Network – 19,000+

Health Insurance Claims Settled – 30 Lakh+

Our happy customers 70 Lakhs+

 A Part of Religare Group and a direct subsidiary of Religare Enterprises Limited. 

3.HDFC ERGO Health Insurance

HDFC ERGO General Insurance Company Ltd. is a joint venture between HDFC Ltd., India’s premier Housing Finance Institution and ERGO International AG, the primary insurance entity of Munich Re Group.

HDFC ERGO Optima Secure

HDFC ERGO My:health Koti Suraksha

HDFC ERGO My Health Suraksha


HDFC ERGO Claim Settlement Ratio – 86.52%

(I will update based on Official website data)

13,000+ Network Hospitals.

Assigned ‘iAAA’rating by ICRA indicating its highest claim paying ability.

200+ Branches in over 170 Cities across India.

4.Aditya Birla Health Insurance.

Aditya Birla Capital Limited (ABCL) is the holding company for the financial services businesses of the Aditya Birla Group. As of June 30th, 2022, ABCL manages aggregate assets under management over Rs.3,550 billion, has a consolidated lending book of approx. Rs.699 billion, and an active customer base of over 39 million, through its subsidiaries and joint ventures.

Adiya Birla Activ Health Platinum Enhanced Insurance Plan.

Activ Care Classic – For your parents.

Why Aditya Birla Health Insurance?

Aditya Birla Health Insurance Claim Settlement Ratio – 94%

10051 + Network Hospitals.

1.97 Lacs + Claims Settled.

2300 + Cities Presence across India.

5.Star Health Insurance

Commencing operations in 2006 as India’s first Standalone Health Insurance provider, Star Health and Allied Insurance Co Ltd is providing sterling services in Health, Personal Accident and Overseas Travel Insurance etc.

Star Health Assure

Star Health Comprehensive Plan.

They offer multiple products each serving different customer segment.

Why Star Health Insurance?

Star Health Insurance Claim Settlement Ratio – ##%

(Honestly, I will update if I get data from official website.)

Founding Year – 2006.

Appreciable net worth of Rs.1889 Cr, as on 31st March 2020.

640+ branch offices all over India.

6.Tata AIG General Insurance Company Limited.

Tata AIG General Insurance Company Limited is a joint venture between the Tata Group and the American International Group (AIG). Tata AIG General Insurance Company Limited celebrated 21 years of service as on 2021.

Tata AIG Medicare Premier.

Tata AIG Medicare Premier.

They offer multiple products each serving different customer segment.

Why Tata AIG Health Insurance?

TATA AIG Health Insurance Claim Settlement Ratio – 96.43%

Founding Year – January 22, 2001.

Asset Under Management (AUM) of approximate Rs. 18,835 Cr (as of March 2022)

200 branches across India.

7200+ Network Hospitals.

7.ICICI Lombard General Insurance Company Limited.

ICICI Lombard General Insurance Company Limited is one of the leading private sector general insurance companies in India with a Gross Written Premium (GWP) of ₹185.62 billion for the year ended March 31, 2022. The company issued 29.3 million policies and settled 2.3 million claims as on March 31, 2022.

ICICI Lombard Complete Health Insurance (Health Plus and Health Shield)

Premium Product – Health Elite (ICICI Lombard Complete Health Insurance)

Golden Shield Senior Citizen Health Insurance

Why ICICI Lombard General Insurance Company Limited?

ICICI Lombard Health Insurance Claim Settlement Ratio – 78.00% (Will update if I find other reliable data.)

(Their official website has following 30 days claims settled data – 99.7%) *Claim statistics are for FY2020-21 and computed basis individual claims settled (paid) over total individual claims within 30 days of the last receipt of the necessary claim documents.

1.6 Million Claims settled

6700+ Network Hospitals.

I just started this initiative. I will include more health insurance companies in the weeks to come.

Term Insurance with guaranteed income