1. IFFCO Tokio General Insurance: Founded in the year 2000, IFFCO Tokio General Insurance is a joint venture between Indian Farmers Fertiliser Cooperative Limited (IFFCO) and Tokio Marine Group. The former is the world’s largest fertilizer manufacturer and the latter is one of the largest insurance groups in Japan. IFFCO holds 51% in the company whereas the remaining 49% is held by the Tokio Marine Group. It is a general insurance company that apart from health insurance plans, sells car insurance plans, bike insurance plans, travel insurance plans, home insurance plans, and corporate policies like property insurance and liability insurance. The insurer offers a wide range of health insurance plans including individual health insurance plans, family floater health insurance plans, and senior citizen health insurance plans.
2. Care Health Insurance: Care Health Insurance, earlier known as Religare Health Insurance, is a joint venture of Reliance Enterprises Limited, Union Bank of India, and Corporation Bank. The company is a standalone health insurance company that offers a wide range of health insurance plans to cater to varied requirements of the policy buyers. These include individual health insurance plans, maternity health insurance plans, family floater health insurance plans, senior citizen health insurance plans, and critical illness health insurance plans. Some of the popular health insurance plans offered by the insurer include Care Freedom, Care, and Care Senior Policy. These plans come with different features and coverage benefits that suit different requirements of individuals at affordable premiums.
3. Magma HDI Insurance: Magma HDI General Insurance Co. Ltd. is a joint venture of Magma Fincorp Limited, and HDI Global SE Company, and is a popular insurance company in India. It has an impressive claim settlement ratio and offers a wide range of health insurance plans to fulfil different requirements of people. Apart from health insurance plans, it also offers other insurance products like fire insurance plans, marine insurance, motor insurance, etc. The insurer has a pan India presence with more than 135 offices in different states. Under its health insurance plans, the insurer offers wide coverage against various major healthcare expenses such as in-patient hospitalisation expenses, pre-hospitalisation and post-hospitalisation expenses, daycare expenses, etc.
4. The Oriental Insurance Company: Founded in 1947, the Oriental Insurance Company offers multiple health insurance products to its customers. The insurer has its head office in New Delhi and more than 29 regional offices and around 1,800 offices in different cities of the country. The insurer also conducts overseas operations in Nepal, Dubai, and Kuwait. Health insurance plans offered by the insurer are suitable for people living in rural areas, as well in urban areas. The insurer has a wide network of hospitals where you can avail cashless treatment without paying anything for the treatments covered under the policy. The insurer offers affordable health insurance plans and is hence preferred by many.
5. New India General Insurance: New India General Insurance is a multinational general insurance company that is headquartered in Mumbai, India and operates in 28 countries. The insurance company has more than 250 products including different types of health insurance plans for different sections of the society. The plans are affordable and cover you for several healthcare expenses such as in-patient hospitalisation expenses, pre-hospitalisation and post-hospitalisation expenses, daycare expenses, organ donor expenses,road ambulance expenses, etc. The policies are available at affordable premiums and you can avail cashless treatment under them, at the network hospitals.