Top 10 Best Health Insurance Plans In India

Top 10 Best Health Insurance Plans In India 2024

Health Insurance

Finding the top 10 best health insurance plans in India from so many different health insurance companies can be confusing for many people. When choosing the best health insurance policy, you should consider various factors, including coverage, health insurance rider, network hospitals, benefits, etc.

It is important to state that purchasing a health insurance policy is essential as it helps you cover rising health costs and assures you and your family a healthy future without worrying about medical bills and hospitalization expenses. You may feel confused about which of the many health insurance plans to purchase when it comes to buying a health insurance policy.

Also read: Top 10 Best Family Health Insurance Plans

10 Best Health Insurance Plans in India

If you believe that health insurance only covers medical expenses in case of any hospitalization issue, then you are mistaken. The best health insurance policies in India not only provide monetary support during hospitalization but also come with several benefits.

Here is the list of the top 10 best health insurance plans in India.

  • National Parivar Mediclaim Plus
  • Bharti AXA Smart Health Insurance Plan
  • Bajaj Allianz Health Guard Health Insurance Plan
  • Reliance Critical Illness Insurance
  • SBI Arogya Premier Policy
  • Deen Dayal Swasthya Seva Yojana
  • Oriental Individual Mediclaim Health Insurance Plan
  • Max Bupa Health Companion Individual Plan
  • IFFCO Tokio Health Protector Plus Policy
  • Aditya Birla Activ Assure Diamond Health Insurance Plan

Brief Description of Top Health Insurance Plans In India

To select the best health insurance plan in India, we have considered the following parameters Premium paid vs. coverage provided, No bonus claim provided, Co-payment clause, Treating critical illness and covering diseases, Waiting period for pre-existing conditions, Network of hospitals providing cashless settlement, Waiting period for specific circumstances, etc.

1. National Parivar Mediclaim Plus

It is a popular health plan by the National Health Insurance Company with a high insurance amount of up to Rs 50 lakh which has many attractive coverage benefits and features that are best suited for you. You can include your entire family on a floater basis including yourself, children, spouse, parents, and parents-in-law.

Features & Benefits

  • The Minimum & maximum entry age for adults is 18 to 65 years
  • The Minimum & maximum entry age for children is 3 months to 18 years
  • Option to choose 1, 2, and 3 years of the policy term
  • Cashless hospitalization has been arranged
  • Tax benefit on premium paid
  • Comprehensive cover at an affordable premium
  • Lifetime policy
  • Pre-existing illness gets coverage after the waiting period completion
  • Both individual and family floater plans are available


  • Pre-existing sicknesses until the waiting period is over
  • Complications associated with pregnancy
  • Treatment for genetic disorders
  • Obesity treatment
  • Treatment for STD
  • Hormone replacement therapy treatment
  • Cosmetic treatment
  • Psychiatric disorders
  • Hospitalization is needed for an unproven treatment

2. Bajaj Allianz Health Guard Health Insurance Plan

The Bajaj Allianz Health Guard Plan is a comprehensive health insurance policy that protects the insured against any major healthcare medical expenses that may pose a financial burden. It is a comprehensive scheme that is available to individuals as well as families. The best thing is that this medical insurance plan provides medical coverage during pregnancy as well as for the newborn.

Features and Benefits

  • In-Patient Hospitalization
  • Serialization coverage before hospitalization
  • Post-hospitalization expenses
  • Covers Road Ambulance
  • Day-care procedures
  • Organ Donor Cover
  • Convict benefit
  • Daily Cash Benefit
  • Ayurvedic / Homeopathic Treatment
  • Maternity expenses
  • Newborn cove (including hospitalization and vaccination costs for a maximum period of 90 days from the birth of a newborn).
  • Bariatric Surgery Cover
  • Free Preventive Health Checkup


  • Dental treatment
  • In-Patient Care
  • War
  • Treatment received outside of India
  • Cosmetic Surgery
  • Outdoor equipment & External use
  • Intentional self-injury
  • HIV
  • Infertility
  • Obesity

Also read: 1 Crore Term Insurance Plan

3. Bharti AXA Smart Health Insurance Plan

This health insurance scheme provided by Bharti AXA Health Insurance Company provides coverage against all medical expenses and emergency hospitalization. In 2019, the insurer received the Customer Service Excellence Award.

Apart from this, certain special benefits have been given under this scheme including tax savings, no-claim bonus, and renewal exemption in the form of free health check-ups. Take a quick look at the plan details below:

Features & Benefits

  • Anyone between 91 days to 65 years old can purchase the policy
  • In the family floater plan, coverage is provided to you, your spouse, and 2 dependent children who are between the age group of 90 days to 23 years.
  • Even the assured limit is 3/4/5 lakh rupees
  • 5% to 25% no-claim renewal discount
  • Health benefits provided for critical illness or dread diseases
  • Coverage for critical illnesses
  • Day-care treatment is compensated up to the sum of the sum insured
  • 30-40 days pre-hospitalization cover and 60 days post-hospitalization cover is provided
  • Domicile Hospitalization covers up to 10% of the Sum Insured
  • Ayush treatment cover


  • Any serious disease is diagnosed in the starting 30 days (benefit plan) and 60 days from the establishment (reimbursement plan).
  • Cesarean delivery, is a pregnancy-causing or detectable complication, including miscarriage in the first 12 weeks of pregnancy. It is not an enforced or ectopic pregnancy.
  • Specific diseases that can’t be insured before 1 year
  • Dental surgery costs until it needs hospitalization
  • Claims made for any pre-existing diseases before the completion of the 48-month waiting period
  • Hormonal treatment
  • Birth control measures

4. Reliance Critical Illness Insurance

The Reliance Critical Health Insurance policy covers life-threatening illnesses and critical illnesses. The insurer pays for health care expenses and medical treatment incurred on specified critical illnesses that might otherwise create havoc with one’s bank balance.

Features & Benefits

  • Anyone aged over 18 can purchase it
  • In case you are under the age of 45, you do not need pre-medical screening
  • Easy online payment is possible with debit/credit card, UPI, NEFT, etc.
  • Diseases such as organ transplantation, cancer, multiple sclerosis, third-degree burns, heart valve repair or replacement, coma, aortic graft surgery, indigo disease, and total blindness.


  • Intentional Injuries like Suicide Attempts
  • Treatment for diseases like AIDS / HIV
  • Health ailments because of the consumption of alcohol and drugs
  • Congenital diseases
  • Any injury/illness as a consequence of criminal activity
  • Dental treatment
  • Beauty and Cosmetic treatments
  • Treatment for mental disorders

5. SBI Arogya Premier Policy

The SBI Arogya Premier Policy is a comprehensive health plan from SBI Health Insurance that covers hospitalization expenses for up to 60 days and post-hospitalization expenses for up to 90 days. After completing 9 months of the waiting period in this policy, it also includes coverage for air embassies charges and maternity expenses of up to 1 lakh rupees.

Features & Benefits

  • Covers up to 142 days of daycare
  • Above 55 do not need any medical test
  • Both family floater and individual plans are available
  • Unani covers homeopathy, Ayurveda, Siddha, and alternative treatments
  • After four consecutive claim-free years, a health check-up reimbursement of up to INR 5000 is offered
  • In case your insurance amount falls because of the claim, then 100% of the sum assured will be reinstated.
  • Domicile hospitalization costs
  • Organ donor costs are covered
  • Integral costs incurred on oxygen, anesthesia, operation theater, medicines, surgical instruments, dialysis, chemotherapy, pacemaker costs, radiotherapy, and so many more.
  • Diagnostic and Physiotherapy Procedures
  • Medical consultation fees, room fees, nursing expenses, and dressing fees


  • HIV/AIDS and other STD
  • Self-inflicted injuries
  • Mental disorders
  • Conditions of depression
  • Health issues due to alcohol consumption and drug overdose

6. Deen Dayal Swasthya Seva Yojana

This is health insurance by the Goa state administration for people who have resided there for five years or more. Under this policy, the authority of the public gives a shield of INR 2.5 lakh for a group of three individuals as well as protection of INR 4 lakh for a family of more than one individual in Goa.

Features & Benefits

  • Top-of-the-line Diagnostics simply on the suggestion of Govt. Doctors or Hospitals just as at a fixed rate and found by the Goa Medical College
  • Medicine for enduring infections like Hypertension, Diabetes, and so on
  • Drugs for destroying issues like Cerebral Palsy, Epilepsy, as well as Multiple Sclerosis
  • Sum shan’t surpass INR15000/- annually
  • Mental Health or Ayurveda hospitalization ( in light of AYUSH/NIMHANS) prompt just as limited only to Govt Institutions or Hospitals
  • Drugs for a constant way of life sicknesses like Hypertension, Diabetes. The sum will not surpass INR15000/- annually.
  • Medicine for crippling issues like Cerebral Palsy, Epilepsy, as well as Multiple Sclerosis
  • Emotional well-being/Ayurveda hospitalization (given NIMHANS/AYUSH) is prompt and limited uniquely to Govt Hospitals or Institutions.
  • Very good quality Diagnostics just on the reference of Govt. Medical clinics/Doctors as well as at rates found and fixed by the Goa Medical College.


  • Government workers will not have the option to get included in the plan
  • Any cycle not contained in the rundown of the 447 techniques will not be included under the Deen Dayal Swasthya Seva Yojana.

7. Oriental Individual Mediclaim Health Insurance Plan

Individuals in the age group of 18 to 65 years can achieve this by opting for one of the most popular medical insurance policies offered by Oriental Health Insurance. The best thing is that it offers a discount on the family floater cover.

Features & Benefits

  • The maximum entry age is 70 years
  • Assured amount from INR 1 lakh to INR 10 lakh
  • A 10% family discount is also provided
  • Medical tests are not required till the age of 55 years.
  • General hospitalization costs such as ICU charges, surgeon fees, OT charges, room charges, X-rays, dialysis, diagnostic tests, lab tests, chemotherapy, etc. are included.


  • Injuries because of involvement in dangerous activities
  • Suicide attempt
  • Disease caused by drug and alcohol overdose

8. Liberty Health Connect Supra Top-Up

The Connect Supra top-up health plan serves as a Stepney offered by Liberty Insurance if the sum insured of your existing health plan expires. The sum insured goes up to Rs 20 lakh in the top-up plan and the super top-up plan; It increases to 1 crore rupees.

Features & Benefits

  • This plan covers pre & post-hospitalization costs.
  • In-patient treatment costs like ICU, room rent, etc. are also included in this.
  • 405 day-care procedures are covered
  • Some of the add-ons include Assured, Ayush Treatment, Overseas Coverage, and Reloads of Wellness and Assistance Program.


  • 2 year waiting period applies to specific diseases like hernia, an internal tumor, cataracts, etc.
  • Pre-existing diseases are not covered until the completion of 36 months of the policy term
  • The 30-day waiting period after the commencement of the policy

9. IFFCO Tokyo Health Protector Plus Policy

The IFFCO Tokyo Health Protector Plan provides coverage against the expense of hospitalization to individuals and families in case of any high-cost treatment required for any disease or injury. There is an option to choose a deductible amount, which you pay through your existing health insurance plan, or pay on your own. This policy also provides additional coverage in addition to the reduced amount. Health-Guard Plus health insurance plan helps you meet excessive medical costs in a very convenient way.

Features and Benefits

  • Option to choose from a one-year plan or a top-up or super top-up plan
  • Anyone between the age of 18-65 years can buy the plan
  • Costs acquired on the tonics and vitamins purchased as a part of your hospitalization treatment
  • Even if you do not have an Aadhaar health insurance plan, you can buy this policy


  • Treatment for HIV / AIDS infection
  • Any treatment expenses incurred in the first 30 days from the date of the policy establishment
  • Hospitalized for genetic disorders
  • Any hospitalization required for cosmetic or plastic surgery
  • Treatment for mental disorder and anxiety or depression

10. HDFC Ergo Meri: Swasthya Suraksha Rajat Smart Health Insurance Plan

The HDFC Ergo General Insurance has designed this My: Health Suraksha Silver plan for individuals, senior citizens, and families who are seeking health insurance coverage between Rs 3 lakh and Rs 5 lakh. The details of the scheme are given below:

Features & Benefits

  • This plan also includes cashless home healthcare treatment coverage.
  • Under this scheme, hospitalization expenses, Ayush hospitalization, daycare treatment, and mental health care expenses are paid by the insurer.
  • A free check-up will be offered each year on each renewal.
  • It provides for the prosperity of the Sum Insured in the event of the existing amount expiring.
  • There is no age restriction under this health insurance scheme.


  • Adventure sports injuries
  • This scheme does not cover self-inflicted injuries.
  • Accidents related to participation in defense operations
  • Cosmetic and Obesity treatments
  • Sexual diseases and STDs


So, these are the top 10 best health insurance policies in India that you should consider before buying medical insurance. Generally, the best medical insurance companies offer different policies with different terms and conditions.

It is advisable to choose a medical insurance plan that is the most suitable family for you and your family if buying for a family).

Therefore, do not wait for any misfortune to occur. Compare health insurance plans, choose the most suitable plan from a reputable health insurance company, and stay insured!


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