Edelweiss Health Insurance vs Future Generali Health Insurance
Imagine getting a discount on your favourite product or service? It is like getting the best deal and saving money at the same time. That is what it is like to also buy health insurance. As health insurance requires the payment of a small sum in exchange for the extensive benefits it gives, it is worth adding to your shopping list. Trust this comparative guide of Edelweiss Health Insurance and Future Generali Health Insurance to show you why health insurance is a must-buy.
Edelweiss Health Insurance vs Future Generali Health Insurance – Overview
| Parameter | Edelweiss Health Insurance | Future Generali Health Insurance |
| No. of health insurance policies | 8 | 10+ |
| E-services | Policy salePolicy renewal Claim settlement Branch locatorOnline consultation24x7 customer support | Policy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 call assistance |
| Branches | 10+ | 125+ |
| Claim settlement ratio (CSR) | 85.57% | 95.28% |
| Cashless claim settlement time | Within 72 hours | Within 1.5 hours |
| Hospital network | 2,570+ | 6,000+ |
Source: Insurance Regulatory and Development Authority of India’s (IRDAI) Annual Report – 2019-20.
Health Insurance Policies: Edelweiss Health Insurance vs Future Generali Health Insurance
Edelweiss Health Insurance is part of the reputed Edelweiss Group. The company’s performance credentials are above standard and are a testament to its quality of health insurance products and services.
Future Generali Health Insurance hails from two prestigious parent groups – the Future Group and Generali Group. The company’s metrics indicate that they are excellent in settling their insurance claims that too within a short span of time (only if they are cashless).
Top-up Insurance:
Edelweiss Health Insurance’s Top-up Insurance Policy offers:
- Coverage for:
- Pre, post and inpatient hospitalization
- Domiciliary hospitalization
- Daycare treatments
- Organ donor expenses
- Maternity and newborn baby care
- Up to 25 critical illnesses treatment
- AYUSH treatments:
- Ayurveda
- Unani
- Siddha
- Homeopathy
- Second medical opinion
- Out-patient dental expenses
- Ambulance charges
- Daily hospital cash
- Assistive care services
- 100% restoration of the SI
Future Generali Health Insurance has two Top-up Health Insurance Policies – Future Health Surplus Top-up and Future Advantage Top-up.
These policies offer:
- Sums insured (SI) up to Rs. 1,00,00,000
- Co-payment options up to Rs. 40,00,000
- Coverage for:
- Pre, post, and inpatient hospitalization
- Daycare procedures
- Organ donor expenses
- Heart-related ailments
- Cancer treatment
- AYUSH treatments
- Ambulance charges
- Mental illness treatment
- Genetic disorder treatment
- Behavioural disorder treatment
- HIV/ AIDS treatment
- Pre-existing diseases after a 2-year waiting period
- 100% restoration of the SI
Family Floater Insurance:
Edelweiss Health Insurance offers 3 Family Floater Plans – the Silver, Gold and Platinum Plan.
These plans offer:
- SI up to Rs. 1,00,00,000
- Coverage for:
- Pre, post, inpatient-hospitalization
- Domiciliary hospitalization
- Daycare procedures
- Organ donor expenses
- AYUSH treatments
- Maternity care and newborn baby care
- Critical illness treatment
- Ambulance charges up to Rs. 10,000
- Assistive services of:
- Medical evaluation
- Medical monitoring
- Emergency evacuation
- Second medical opinion
- Health check-up
- Daily convalescence benefits
Future Generali Health Insurance offers 3 Family Floater Policies – Health Suraksha, Health Super Saver and Health Total.
These policies offer:
- SI up to Rs. 1,00,00,000
- Coverage for:
- Pre, post and inpatient hospitalization
- Domiciliary hospitalization
- 400+ daycare procedures
- AYUSH treatments
- Organ donor expenses
- Ambulance charges
- Mental illnesses treatment
- Maternity and newborn baby expenses
- Out-patient department consultations
- Diagnostic tests and medicines
Saral Suraksha Bima:
The Saral Suraksha Bima is a standard insurance policy offered by all insurance providers, including Edelweiss Health Insurance and Future Generali Health Insurance. It provides insurance coverage against unforeseen accidents and offers the same benefits:
- SI up to Rs. 1,00,00,000
- 100% payout of the SI on the death of the insured due to an accident
- Up to 100% payout of the SI on permanent total disablement of the insured
- Up to 50% payout of the SI on permanent partial disablement of the insured
- Weekly cash benefits for up to 100 weeks on temporary total disablement of the insured
- An education grant towards the education of the insured’s children
- Up to 10% payout of the SI for in-patient hospitalization expenses
