This document compares individual health insurance policies from 10 companies in India for a 34-year old person with Rs. 5 lakh sum insured. It summarizes key parameters such as premium, renewal age, waiting periods, room rent limits, no claim bonuses, and other coverage details. The premiums range from Rs. 5,405 to Rs. 8,111. Cashless coverage and network hospital details vary across policies. Coverage for pre-existing diseases ranges from 2 to 5 years. Most policies provide accident coverage and health checkups.

1. Comparison of Various Product of Individual Health Insurance Companies in India
Individual Health Insurance Comparative - Age 34, Sum Insured Rs. 5 Lakhs
Companies/ Apollo Bajaj Chola- ICICI Reliance Royal Star United
Max Bupa National Oriental
Parameters Munich Allianz Mandlam Lombard General Sundram Health India
Sum Insured 500,00
500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
(Individual) 0
Easy Family
Reliance
Health Chola Floater
Heart beat Mediclai Health
Individua Health Health Health
Health Gold m Wise Medi
Name of Policy l Health Insurance Insuranc Shield
Guard Health Insurance Policy Classic
Insurance (Individu e Plan A Standard
Plan Policy (Silver
- al Health) Individua
Plan)
Standard l
Premium(includin
5,625 6,790 5,736 NA 8,111 5,965 5,680 7,693 6,871 5,405 5,682
g service tax)
Renewal upto
No Limit 75 70 70 No limit 80 80 60 70 80
what age
90 days,
(All
medical
&
Cooling Off accidental
30 30 30 30 30 30 30 30 30
Period (days) emergencie
s are
covered
form day
1)
Refer to Refer to Refer to Refer to Refer to Refer to
Refer to
Specified the Refer to the Refer to the the the the
the Up to 90
diseases excluded policy the policy policy the policy policy policy policy policy
policy days
for (yr) documen document documen document documen documen documen documen
document
t t t t t t
Pre-existing
upto upto 2
diseases (cover 3 yrs 2 yrs 4 yrs 4 yrs Upto 4 yrs 4 yrs 2 yrs 5 yrs
4yrs yrs
after yr)
Cashless facility
& Network of Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
hospitals
Covered
upto SI in Rs. 750
Ambulance Upto Rs. limit Rs. Network limit Rs. per
Covered Covered 1% of SI 1% of SI Rs. 750
Charges 2000 1000/- hospitals. 1000/- hospitali
Max Limit -sation
of Rs. 2000

2. in case of
Out of
network
hospitals
Single
Room &
Private
Boarding No Limit 1% of SI 1% of SI 1% of SI 1% of SI 1% of SI 1% of SI 1% of SI 2% of SI
Room
Expenses
(No Limit)
Accidental Cover Covered Covered Covered Covered Covered Covered Covered Covered Covered Covered
Vouchers
No Claim
for 10% of
Bonus/Cumulativ 10% 5% 5% NA 5% NA NA 15% NA
renewal
e Bonus
premium
Discount (if 2 or 5% for 2
more persons take person
individual policy NA 10% 10% for 3 NA NA 10% 10% NA 10% 10%
from same or more
family) person
Renewal
NA NA NA 5% NA NA NA 5% NA 5%
Discount
Free Health upto Rs. Annual Covered Covered
Upto 1% Covered Covered Covered Covered Covered
Checkup 1000/- (No Limit) 1% of SI 1% of SI
Pre-
up to 30 upto 30
hospitalization 30 60 60 30 30 30 60 30
days days
(days)
lump-
sum of
Post- Rs. 7%
hospitalization 60 90 90 60 60 days 60 60 90 60 of
(days) hospitali
-sation
expenses
Note : Updated on April,2010
(Premium - Including Service Tax 10.30%
NA = Not Available
NM = Not Mentioned
Max Bupa Premium Rates : Region National Capital & Bengaluru
For more information/clarification : Pls refer to the policy documents.