Care (Religare) Health Insurance vs Manipal Signa Health Insurance

The Covid-19 pandemic has been an eye-opener. It calls for immediate protection for you and your loved ones. The ongoing health crisis has led to a rise in financial uncertainty. In such times, safeguarding your health with a health insurance plan is a must. There are many health insurance plans available but picking one can be time-consuming. To save you time and energy, here’s a quick Care Health Insurance and Manipal Cigna Health Insurance guide. 

Care Health Insurance and Manipal Cigna Health InsuranceOverview 

ParameterCare Health InsuranceManipal Cigna Health Insurance
Number of health insurance plans1311
E-servicesPolicy purchase, policy renewal, claim settlement, branch locator, online consultation and 24×7 customer assistancePolicy purchase, policy renewal, claim settlement, branch locator, online consultation and 24×7 customer support 
Branches146+47
Claim Services value6.95lakhs 4.10lakhs+
Claim settlement ratio93%97%
Claim settlement timeCashless claim approval within 2 hoursCashless claim processing within 2 hours
Hospital network7,800+6,500+

Data Source: Insurance Regulatory and Development Authority of India (IRDAI) Annual Report 2018-19 

Health Insurance Plans: Care Health Insurance vs Manipal Cigna Health Insurance

Care Health Insurance offers all-rounder health insurance plans. They cater to individuals, families, and the needs of senior citizens. Their health plans cover critical illnesses, personal accidents, maternity benefits and COVID-19; among others. 

Manipal Cigna Health Insurance offers a wide range of health care policies. They cover individual, multi-individual and family needs. Their plans provide critical illness care, employer-employee insurance and overseas travel insurance; among others. 

Both companies are well-known healthcare providers in the insurance sector. Here’s a comparison of Care Health Insurance and Manipal Cigna Health Insurance and three of their most popular health care policies: 

Individual and Family Health Insurance Plans

Care Health Insurance individual and family health insurance plans offer premium benefits: 

  • Covers charges for pre, post and in-patient hospitalisation services 
  • Provides cover for day care procedures and alternative treatment 
  • Offers annual health check-ups and emergency ambulance services
  • Provides additional cover for maternity needs, pre and postnatal care 
  • Offers lifetime renewability  

Manipal Cigna Health Insurance provides health plans that cover individual, family and multi-individual needs. Key offerings include: 

  • Covers pre, post and in-patient hospitalization charges 
  • Offers high sum assured value (up to Rs.1crore) 
  • Provides worldwide protection in case of medical emergencies
  • Covers day-care and AYUSH treatment expenses
  • Gives daily cash benefit, discounts and reward points

Critical Illness Insurance Plans: 

Care Health Insurance provides extensive coverage against 32 critical illnesses in its critical insurance plan. Some of the key features include: 

  • Covers in-hospitalization, pre and post-hospitalization charges
  • Covers expenses for day care treatment, organ donor transplant, and alternate treatments under the AYUSH banner
  • Offers air and road ambulance services
  • Offers low premium rates (as low as Rs.74 per month) combined with high coverage

Manipal Cigna Health Insurance Lifestyle Protection Critical Care plan covers up to 30 critical illnesses and offers: 

  • High sum assured value (up to Rs.25 crore)
  • Provides lump-sum or staggered payment on diagnoses  of specific critical illness 
  • Offers wellness programs and discounts
  • Provides the benefit of coverage globally

Covid-19 Health Insurance Plans 

The battle against Covid-19 continues to be a threat to human lives. In such a time of crises, it is only fair that people receive affordable health care protection. For this reason, the Insurance Regulatory and Development Authority of India passed a directive mandating all health insurance companies to provide Covid-19 coverage. 

Care Health Insurance provides coverage against Covid-19 in almost all of its plans and Manipal Cigna Health Insurance offers a separate Corona Kavach Policy. 

Care Health Insurance offers: 

  • Cover for pre, post and in-hospitalization expenses 
  • Provides cover for quarantine-related health charges 
  • No upper age limit stipulation
  • Cashless treatment and annual health check-ups also included

Manipal Cigna Health Insurance offers:  

  • Cover for pre, post and in-patient hospitalization charges 
  • Cover for home treatment 
  • Provides cover for alternate AYUSH treatment 
  • Covers road ambulance expenses 

This Care Health Insurance vs Manipal Cigna Health Insurance guide highlights the comparative features of both providers to ease your purchasing decision. For further help, you can reach out to professional insurance experts to buy health insurance.