Aditya Birla Health Insurance vs New India Assurance Health Insurance

Is the search for the right health insurance policy among the diverse offerings from various insurance companies eating up your time? You can cut down the hassle by consulting a comparison guide. Here’s one comparing the different advantages of Aditya Birla Health Insurance and New India Assurance Health Insurance to help with your selection

Aditya Birla Health Insurance vs New India Assurance Health Insurance– Overview 

ParameterAditya Birla Health Insurance New India Assurance Health Insurance
No. of health insurance policies10+10+
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 customer supportPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 customer help
Branches6501000+
Claim settlement ratio (CSR)93.68%95.92%
Cashless claim settlement timeWithin 2 hoursNot specified
Hospital network7,000+1,500+

*Source: The Annual Report of the Insurance Regulatory and Development Authority of India (IRDAI) – years 2018-19 

Health Insurance Policies: Aditya Birla Health Insurance vs New India Assurance Health Insurance

Aditya Birla Health Insurance, founded in 2015, is part of the Aditya Birla Group that provides financial solutions to more than 20 million customers. The company has tie-ups with expert healthcare providers including doctors, hospitals, wellness centres and other medical facilities across India. 

New India Assurance Health Insurance has over a decade-long worth experience in insurance, operating across India and the globe since 1919. The company has won several accolades for its performance in the insurance sector. It was declared the best general insurance company at the BFSI Awards, 2017. –Also, the Credit Rating Information Services of India Limited (CRISIL) gave this company a CCR AAA/Stable rating, which indicates a high degree of liability fulfillment. 

Cancer Insurance Policy: 

Aditya Birla offers ‘Cancer Secure’ plan that provides:

  • Protection against 3 stages of cancer – early, major, and advanced stage
  • Lump-sum payout of 50% of the sum insured (SI) for early-stage cancer
  • Lump-sum payout of 100% of the SI for major-stage cancer
  • Lump-sum payout of 150% of the SI for advanced-stage cancer
  • A short 7-day survival period and facility to get a second medical opinion online
  • Options for personalized health advice from a wellness coach

New India Assurance offers the Cancer Guard Policy, offering:

  • A SI amount up to Rs.50 lakhs
  • Cover for chemotherapy, radiotherapy, organ transplant, and onco-surgery
  • Inclusion of advanced treatments like stem cell transplant, bone marrow transplant, immunotherapy, and more  
  • Reimbursement for 58 daycare surgical procedures and reconstruction of affected body part post a cancer surgery
  • A cancer care benefit over and above the base SI 
  • Payouts for ambulance charges, post-treatment follow-ups
  • Second medical opinion

Senior Citizen Insurance Policy: 

Aditya Birla offers ‘Activ Care’ that provides: 

  • Financial cover up to Rs.25 lakhs 
  • Inclusion of 586 daycare procedures, organ donor expenses, mental illness healthcare, and non-allopathic (AYUSH) treatments
  • Reimbursement for in-patient hospitalization care, domiciliary hospital care and nursing services, and OPD treatment
  • Emergency air and road ambulance services 
  • Coaching sessions for nutritional well-being and lifestyle management 
  • Discounts on health check-ups

New India Assurance Senior Citizen Policy provides: 

  • Coverage up to Rs.1.50 lakhs
  • Reimbursement of in-patient, pre, and post-hospital care
  • Cover for over 10 treatments and surgical procedures like cataract treatment, angiography, hysterectomy, prostate, etc. 
  • Inclusion of AYUSH treatments
  • Payouts for organ donor expenses and ambulance charges

Corona Kavach Policy: 

Aditya Birla’s Corona Kavach Policy that waives off pre-policy medical tests. It provides coverage between Rs.50,000 – Rs.5,00,000, including covers for:

  • In-patient, pre, and post-hospital care
  • Domiciliary hospital care and AYUSH treatments 
  •  COVID-19 protective equipment like PPE kit, gloves and masks 

New India Assurance’s Corona Kavach Policy provides a 5% discount to female policyholders, healthcare workers and family floater policyholders. Choices of sum insured amounts range between Rs. 50,000 and Rs. 5,00,000. Coverage includes:

  • In-patient, pre and post-hospital care and comorbidity 
  • Domiciliary hospital care
  • AYUSH treatments
  • Ambulance expenses 

Clarity on the health plan features of Aditya Birla Health Insurance and New India Assurance Health Insurance can help you pick one matching your needs and offering maximum benefits.