COCOCure Health Insurance vs Royal Sundaram Health Insurance

It is no news that the state of affairs in the country is chaotic right now due to the second wave of the COVID-19 virus. At such a time, citizens are paying extra to access hospitalization, get oxygen cylinders, and receive basic health care. Still, most are paying the added price to secure the lives of their loved ones. However, if they had health insurance, they could have avoided this hassle and gotten their loved ones covered for COVID-19 treatment. In fact, even now is not too late to go ahead and buy it. But first, read through this comparative guide of COCOCure Health Insurance and Royal Sundaram Health Insurance to learn what health insurance offers. 

COCOCure Health Insurance vs Royal Sundaram Health Insurance – Overview 

ParameterCOCOCure Health InsuranceRoyal Sundaram Health Insurance
No. of health insurance policies87
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer helpPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer care
Branches17150+
Claim settlement ratio (CSR)97%81.50%
Cashless claim settlement time 24-48 hours3 hours
Hospital network5,000+5,000+

*Source: Insurance Regulatory and Development Authority of India’s (IRDAI) Annual Report – years 2019-20.

Health Insurance Policies: COCOCure Health Insurance vs Royal Sundaram Health Insurance

COCOCure Health Insurance and Royal Sundaram Health Insurance offer a handful of health insurance policies. However, their policies offer extensive coverage (even up to Rs. 5,00,00,000!) for individuals, families, senior citizens, and corporate groups.

Personal Accident Insurance: 

COCOCure Health Insurance offers COCOProtect – a Personal Accident Policy that gives: 

  • Sums Insured (SI) up to Rs. 5,00,00,000
  • 100% of the SI on the death (of the insured) due to an accident  
  • 150% of the SI on permanent total disability 
  • 100% of the SI on an injury caused during adventure sports 
  • Up to 100% of the SI for second and third-degree burns, and fractures 
  • Up to 75% SI on permanent partial disability 
  • Rs. 25,000 per week on temporary total disability 
  • A lump-sum benefit for: 
  • Lifestyle support
  • Daily hospital cash
  • Education costs of the insured’s children 
  • Reimbursement for: 
  • Trauma counseling session expenses 
  • Physiotherapy expenses
  • Emergency evacuation expenses 

Royal Sundaram’s Personal Accident Policy gives: 

  • Global coverage 
  • SI up to Rs. 75,00,000 
  • SI up to Rs. 10,00,000 without proof of the insured’s income 
  • 100% of the SI on accidental death (of the insured)
  • 100% of the SI on permanent total disability 
  • Up to 75% of the SI on permanent partial disability
  • Up to Rs. 10,000 per week for temporary total disability
  • Rs. 10,000 towards the education of the insured’s children 
  • Recovery benefits up to Rs. 50,000
  • Funeral and carriage expenses 
  • 100% restoration of the SI 

Critical Illness Insurance: 

COCOCure Health Insurance covers critical illnesses in its Navi Health Policy. It offers: 

  • SI up to Rs. 10,00,000 
  • 100% payout of the SI on the diagnosis of a policy listed critical illness
  • Coverage for:
  • 11 critical illnesses including: 
  1. Cancer
  2. Kidney failure
  3. Third-degree burns
  4. Multiple sclerosis 
  5. Permanent paralysis 
  • A second medical opinion 

Royal Sundaram offers two critical illness policies: 

  • Lump-sum Policy
  • Reimbursement Policy

These policies give:

  • SI up to Rs. 25,00,000
  • 100% of the SI on the diagnosis of a policy listed critical illness 
  • Coverage for:
  • 9 critical illnesses including: 
  1. Cancer
  2. Stroke 
  3. First heart attack
  4. Kidney failure
  5. Third-degree burns 
  • Pre and post-hospitalization expenses
  • In-patient hospitalization expenses
  • Ambulance charges 

Separately, it also offers to cover the expenses for a second medical opinion of 11 critical illnesses in its family floater policies – Lifeline and Family Plus.  

COVID-19 Insurance: 

Both COCOCure Health Insurance and Royal Sundaram Health Insurance offer the Corona Kavach Policy for COVID-19 treatment. 

The Corona Kavach Policy gives:

  • SI up to Rs. 5,00,000
  • Coverage for: 
  • Pre, post, and in-patient hospitalization 
  • Domiciliary hospitalization 
  • Alternate treatments 
  • Comorbidity treatment 
  • Ambulance charges 

Separately, COCOCure offers the Corona Rakshak Policy that gives: 

  • SI up to Rs. 2,50,000
  • 100% payout of the SI on the diagnosis of COVID-19 and a minimum requirement of 72 hours of continuous hospitalization. 

Royal Sundaram offers COVID Secure that gives: 

  • SI up to Rs. 50,000
  • 100% reimbursement of the SI on:
  1. The diagnosis of COVID-19, and; 
  2. Hospitalization for COVID-19 treatment
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