COCOCure Health Insurance vs Edelweiss Health Insurance

Affordable, comprehensive and customizable – a good health insurance plan should tick all these boxes. But how do you find one that fits all your requirements? A little research on the internet provides a comparison of health insurance providers and plans on a plethora of parameters. You just have to compare the offerings and find the plan that matches your needs in the best possible way. Here is a COCOCure Health Insurance versus Edelweiss Health Insurance comparison to simplify your selection process.

COCOCure Health Insurance and Edelweiss Health Insurance – Overview 

Parameter COCOCure Health Insurance Edelweiss Health Insurance
Number of health insurance plans 7 6
E-services Policy salePolicy renewalClaim settlementBranch locatorOnline consultation24x7 customer support Policy salePolicy renewal Claim settlement Branch locatorOnline consultation24x7 customer help
Branches 17 10
Incurred Claim ratio 78.9% 115%
Claim settlement time Cashless claim settlement within  24-48 hours Cashless claim settlement within 72 hours

Source: Insurance Regulatory and Development Authority of India (IRDAI)’ Annual Report (2018-2019) 

Health Insurance Plans: COCOCure Health Insurance vs. Edelweiss Health Insurance

COCO Cure Health Insurance offers health insurance policies for individual, family, senior citizen, and group (employer-employee) needs. The plans provide extensive cover for critical illnesses, accidents, COVID-19, and seasonal diseases like dengue, malaria, swine flu, etc. 

Edelweiss Health Insurance offers health plans for individual, family and senior citizen needs and cover critical illnesses, childbirth, COVID-19, and more. 

A detailed comparison of the different plans from COCOCure Health Insurance and Edelweiss Health Insurance follows.  

Arogya Sanjeevani Health Insurance Plans: 

The Insurance Regulatory and Development Authority of India (IRDAI) passed a mandate directing all insurance providers to offer Arogya Sanjeevani Insurance Policy. This policy offers cost-effective and standard health coverage, making health insurance accessible to every section of the Indian society.

COCOCure’s Arogya Sanjeevani Policy offers: 

  • A sum insured amount between Rs. 1 lakh and Rs. 5 lakhs
  • Coverage for pre, post, and in-patient hospitalization charges 
  • Reimbursement for daycare, cataract surgery, modern treatments and AYUSH therapies  
  • Waiver of pre-policy medical test for individuals up to 50 years of age
  • Policy on individual and family floater basis

Edelweiss’s Arogya Sanjeevani Policy offers: 

  • A sum insured amount between Rs. 1 lakh and Rs. 5 lakhs
  • Coverage for pre, post and in-patient hospitalization charges
  • Indemnity for daycare procedures, AYUSH treatment and pre-existing diseases (after a waiting period of 48 months)
  • 25% of the sum insured paid out for cataract treatment 
  • Waiver of upper age-limit for policy issuance 

Individual and Family Health Insurance Plans: 

COCOCure Health Insurance provides all its plans on an individual and family floater basis. It also offers COCOCure – a health plan providing extensive coverage to the entire family. The benefits include:

  • A sum insured amount between Rs.2 lakhs and Rs. 1 crore
  • An extra sum insured of Rs. 20,000 for vector-borne diseases
  • Coverage for pre and post-hospitalization costs
  • Inclusion of modern treatments, AYUSH therapies, and counseling services 
  • Waiver of waiting period for accidents and three critical illnesses
  • Lifestyle coverage for infertility and bariatric surgery 

Edelweiss Health Insurance also provides health plans on individual and family floater basis. Moreover, it provides three separate individual and family-centric health insurance plans – Silver, Gold and Platinum. The features are as follows: 

  • Sum insured amounts ranging between Rs.5 lakhs – Rs.1 crore
  • Coverage for pre, post and in-hospitalization costs
  • Inclusion of daycare procedures, AYUSH treatment, and domiciliary hospitalization 
  • Reimbursement for critical illnesses and maternity expenses 
  • Organ donor transplant and ambulance covers
  • Issuance of policy to anyone above the age of 3 months 

COVID-19 Health Insurance Plans: 

Both COCOCure Health Insurance and Edelweiss Health Insurance offer Corona Kavach and Corona Rakshak policies for tenures of 3.5, 6.5, and 9.5 months.

COCOCure’s COVID-19 plans offer: 

  • Indemnity cover along with  lump-sum payment facility upon positive diagnosis 
  • A sum assured between Rs.50,000 – Rs. 5,00,000

Edelweiss’s COVID-19 plans offer: 

  • A 100% lump-sum payout 
  • Coverage for home treatment and AYUSH therapies 

Both the companies waive off pre-policy medical tests for their COVID-19 plans. This COCOCure Health Insurance vs Edelweiss Health Insurance comparative study can help you select the right health insurance plan for your healthcare needs. Reach out to a professional insurance expert for further guidance before buying a health insurance plan.