Best Health Insurance Plans In 2020

If looking for a health plan then this blog is for you. There are many companies offering health insurance and together these firms offer a wide-range of choice from plans for individuals to families. Also, they try giving more by allowing customization of policies in the form of add-on benefits.

Here’re 5 best health insurance plans of India

1. Religare Care Health Insurance Plan
It is a comprehensive health insurance policy with many add-on benefits available at an affordable price. It offers 5 different policies starting at Rs. 4 lakh and goes up Rs. 6 crore.

Policy variants
Care 3 (Super Saver)
Care 4 (Elite)
Care 5 (Elite Plus)
Care 6 (Global)
Care 7 (Global Plus)
Add-on benefits available insurance policies include No Claim Bonus Super, Unlimited Automatic Recharge, everyday care, personal accident cover, smart select, air ambulance, global coverage, and international second opinion.


Maximum insurance cover including all day care, in-patient hospitalisation and global cashless across network hospitals. Also, it includes expenses for pre and post hospitalisation for 30 and 60 days respectively. Domiciliary hospitalisation expenses are also covered up to the insured sum.


The policy doesn’t include expenses treatment for AIDS, congenial diseases, self-harm, addiction like alcohol and injuries in war, strike, riot and other such conditions.

2. Star Family Health Optima Plan

It is a super saver family health insurance plan available at a nominal cost. The plan is available for people between the age 18 to 65 and it allows inclusion of self, spouse and dependent children from 16 to 25 years. Priced between Rs. 3 lakh to Rs. 25 lakh, the insurance comes with lifetime renewability facility. Also, it promises 3 times automatic
restoration of the sum insured by 100% for every complete exhaustion.

In addition to providing all day care procedures and in-patient hospitalisation expenses, the plan has provision for air ambulance service for a specified limit. Pre and post hospitalisation and domiciliary hospitalisation are also covered.

Most vaccinations are kept out of cover. Injuries inflected during war like situation including riots are also left out. Self-harm isn’t covered. Dental treatments aren’t provided and sexually transmitted diseases aren’t included in the diseases covered.

3. Apollo Munich Optima Restore Plan
One of the most popular health insurance plans, it provides health insurance to people from 91 days to 65 years and its premiums are available from Rs. 3 lakh to Rs. 50 lakh. Also, it has an incentive plan for health-conscious folks. The company rewards those that lead a healthy lifestyle under its Stay Active plan.

Stay Active
Discounts on insurance premiums is offered to customers that remain healthy and fit. And all one needs doing to maintain good health is to walk every day. Walking is the best exercise for people of all ages. With Stay Active, the company encourages its customers to do more for their health.

In addition to Stay Active, the policy holders are offered 100% increase in sum insured for every 2 claim-free years. It covers all day care procedures and includes in-patient hospitalisation cover. Road ambulance cover is also included in the policy.

Mental disorders, cosmetic procedures and expenses for treatment of HIV/AIDS aren’t covered in the policy document. Also, no addiction treatment cover is provided. Also, the customers can’t claim any cover within the first 30 days of buying policy.

4. HDFC Ergo Health Suraksha Plan
This insurance plan promises maximum cover from major medical expenses. It has a minimum age limit of 91 days but there is no maximum age limit for buying the insurance. Also, the sum assured starts at Rs. 3 lakh and goes up to Rs. 10 lakh with amazing benefits.
HDFC Ergo Health Suraksha Plan is available in three plans – Silver, Gold and Platinum – and every plan has a different premium and sum assured. Also, each plan has many add-on benefits.

It covers expenses for donor organs. But in-patient hospitalisation seems to be a bigger benefit as it provides unlimited coverage for treatment of diseases and room rents. And it is in addition to the standard benefits like pre and post hospitalisation cover.

No cover is provided for treatment of mental disorders, cosmetic surgeries, obesity treatments, injuries due to self-harm and accidents occurring during adventure activities and war and warlike situations.

4. Max Bupa Health Companion Individual Plan
This very health plan can certainly become a reliable of financial support during any medical emergency arising out of accidents or chronic diseases. And the good thing is that anyone aged above 91 days can take advantage of this health plan.
Another advantage of this plan is that its medical cover starts from Rs. 2 lakh and goes up to Rs. 1 crore. And the buyers are allowed to cover up to 19 relationships. Also, a discount of 12.5% is offered on the premium of second-year if one buys two-year plan.

15-day lock period and lifetime renewability are some of the big advantages of this insurance plan. Also, it offers standard benefits like in-patient hospitalisation and pre and post hospitalisation expenses. But tax saving under Section 80D of the Income Tax Act is an added advantage of this insurance plan.

No cover for OPD expenses, LASER eye treatment and HIV/AIDS. Also, the medical emergencies from self-farm aren’t covered. The policy also excludes accidents arising out of war and warlike situations like rioting. The above-mentioned are the 5 best health insurance plans available in the market. It is so because these plans offer maximum health cover at
minimum premium. Also, the buyers have the option to opt for add-on benefits to add value to their plans. Since every plan has its pros and cons, buyers are asked to compare all plans before making a choice.

Final thoughts
Choosing a health plan has never been an easy job as there are many factors to consider. You have a premium to pay and you are offered coverage according to plan papers. The good thing of insurance market is that there many brands competing with each-other to insure as many
people as they can.

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