Liberty Health Insurance vs Royal Sundaram Health Insurance

“The past is history; the future is a mystery and today is a gift – that is why it’s called a present.” – said Master Oogway from Kung Fu Panda. If there is anything common between the cinematic world and the real, it is that each day of one’s life is precious and requires one to secure it from harm’s way. While a strong financial reserve can help to sail through difficult times, it can put a strain on your savings. To avoid this, it is essential to have health insurance.  Take a look at this comparative guide of Liberty Health Insurance and Royal Sundaram Health Insurance to see how health insurance can be a gift to you and your loved ones. 

Liberty Health Insurance vs Royal Sundaram Health Insurance – Overview 

ParameterLiberty Health InsuranceRoyal Sundaram Health Insurance
No. of health insurance policies9+7
E-servicesPolicy salePolicy renewal Claim settlement Branch locatorOnline consultation24x7 customer support Policy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer care
Branches110150+
Claim settlement ratio (CSR) 91%81.50%
Hospital network5,000+5,000+

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

Health Insurance Policies: Liberty Health Insurance vs Royal Sundaram Health Insurance

Liberty Health Insurance and Royal Sundaram Health Insurance offer various health insurance policies. These policies cater to individual and small or large families alike. Their insurance policies cover diverse health needs such as critical ailments, maternity care, newborn baby care, post-accidental care, and others. 

Critical Illness Insurance: 

Liberty Health Insurance’s Critical Illness Policy called ‘Critical Connect’ offers: 

  • Sums insured (SI) up to Rs. 1,00,00,000
  • Full payout of the SI on the diagnosis of a policy listed critical illness 
  • Coverage for up to 60 critical illnesses including: 
  • Cancer
  • Coma 
  • Stroke
  • Bacterial meningitis 
  • End-stage lung failure 
  • Third-degree burns 
  • Coverage for:
  • Two subsequent critical illnesses during the insured’s lifetime 
  • The insured’s EMI payments 
  • The option to waive off the 30-day survival period 

Royal Sundaram offers two critical illness policies: 

  • Critical Illness Lump-sum Policy
  • Critical Illness Reimbursement Policy

These policies offer:

  • SI up to Rs. 25,00,000
  • Full payout 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. Multiple sclerosis 
  6. Third-degree burns 
  • Pre and post-hospitalization expenses
  • In-patient hospitalization expenses
  • Ambulance charges 

It also covers the expenses towards a second medical opinion of 11 critical illnesses in its family floater policies – Lifeline and Family Plus.  

Personal Accident Insurance: 

Liberty Health Insurance’s Personal Accident Policy provides: 

  • SI up to Rs. 1,00,00,000
  • 100% of the SI on the death of the insured due to an accident  
  • Between 50%-100% of the SI for permanent total disablement 
  • Up to 70% of the SI for permanent partial disablement
  • Up to 100% of the SI for broken bones and fractures 
  • Up to Rs. 20,000 per week for temporary total disablement (up to 100 weeks) 
  • 10 optional add-on covers for: 
  • In-patient hospitalization 
  • Daily hospital cash 
  • Ambulance charges 
  • Life support assistance 
  • Loan protector cover
  • Child education support 
  • Outstanding bills protection

Royal Sundaram’s Personal Accident Policy gives: 

  • Worldwide insurance coverage 
  • SI up to Rs. 75,00,000 
  • SI up to Rs. 10,00,000 without proof of income 
  • 100% of the SI on the death of the insured due to an accident  
  • 100% of the SI on permanent total disablement
  • Up to 75% of the SI on permanent partial disablement 
  • Up to Rs. 10,000 per week for temporary total disablement (up to 104 weeks)
  • Rs. 10,000 for the education of the insured’s children 
  • Recovery benefits up to Rs. 50,000
  • Funeral and carriage expenses 

Arogya Sanjeevani Insurance: 

Every insurance company across India, including Liberty Health Insurance and Royal Sundaram Health Insurance, offer the Arogya Sanjeevani Insurance Policy. The policy shares standard features and offers: 

  • SI up to Rs. 5,00,000
  • Coverage for: 
  • Pre and post-hospitalization expenses 
  • In-patient hospitalization expenses 
  • AYUSH treatments which include treatments of: 
  1. Ayurveda
  2. Unani
  3. Siddha
  4. Homeopathy 
  • Cataract treatment 
  • Daycare procedures after a 24-month waiting period
  • New-age/ advanced treatments
  • Ambulance charges 
  • Daily hospital cash 
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