Max Bupa Health Insurance vs Royal Sundaram Health Insurance

Health insurance becomes essential once you are in your late 20s. As you grow older, your responsibilities towards yourself and your family increase, and having financial security play a vital role in achieving those responsibilities. While you may take all steps to build a steady corpus, it is crucial to have tools like insurance to have your back. When it comes to your health, health insurance, as opposed to savings, should be that tool as it is the more cost-efficient choice. Find out how it can help with this Max Bupa Health Insurance and Royal Sundaram Health Insurance comparison guide. 

Max Bupa Health Insurance vs Royal Sundaram Health Insurance – Overview

ParameterMax Bupa Health InsuranceRoyal Sundaram Health Insurance
No. of health insurance policies10+7
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locatorAssistive chat servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer care
Branches25+150+
Claim settlement ratio (CSR)92%81.50%
Cashless claim settlement time30 minutes 3 hours
Hospital network5,000+5,000+

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

Health Insurance Policies: Max Bupa Health Insurance vs Royal Sundaram Health Insurance

Max Bupa Health Insurance and Royal Sundaram Health Insurance’s policies offer holistic coverage at affordable premium rates. Moreover, they have a health insurance policy for varying requirements, so you will find what you need with ease. 

Individual and Family Floater Insurance: 

All health insurance policies from Max Bupa Health Insurance and Royal Sundaram Health Insurance are available on an individual and family floater basis. However, there are separate individual and family-centric policies offered by the two insurers. 

For Max Bupa, these include: 

  • GoActive
  • MoneySaver 
  • HeartBeat
  • Health Premia
  • Health Pulse 
  • Health Companion
  • SuperSaver 
  • ReAssure 

These policies provide: 

  • Sums insured (SI) up to Rs. 3,00,00,000
  • Coverage for: 
  • Pre and post-hospitalization expenses  
  • In-patient hospitalization expenses 
  • Domiciliary hospitalization expenses
  • Non-allopathic (AYUSH) treatments that include:
  1. Ayurveda
  2. Siddha
  3. Unani
  4. Homeopathy 
  • Organ donor transplant expenses 
  • Daycare procedures and treatments
  • Maternity and newborn baby care 
  • Advanced technology treatments 
  • Out-patient departmental consultations
  • Diagnostic tests and procedures 
  • Ambulance charges and daily hospital cash
  • The option to opt for international coverage 

For Royal Sundaram, these include the:

  • Lifeline (with Classic, Supreme and Elite sub-policies) 
  • Family Plus 

These policies provide: 

  • SI up to Rs. 1,50,00,000
  • Coverage for:
  • Pre and post-hospitalization expenses
  • In-patient hospitalization expenses
  • Domiciliary hospitalization expenses 
  • Daycare procedures and treatments 
  • AYUSH treatments
  • Maternity and newborn baby care 
  • Organ donor transplant expenses
  • Bariatric surgery for weight-loss
  • Vaccination expenses needed due to an animal bite 
  • Out-patient departmental consultations
  • Second medical opinion for critical illnesses 
  • Life support equipment/mobility devices 
  • Ambulance charges 
  • The option to opt for international coverage for critical illnesses 

Personal Accident Insurance: 

Max Bupa’s Personal Accident Policy offers: 

  • Worldwide insurance coverage 
  • SI up to Rs. 2,00,00,000
  • 100% of the SI (to the nominee) on death (of the insured) due to an accident 
  • 125% of the SI for permanent total disablement 
  • Up to 100% of the SI for permanent partial disablement 
  • Weekly cash benefits for temporary total disability 
  • Up to Rs. 5,00,000 for the education of insured’s dependent children
  • Coverage for: 
  • Hospitalization expenses 
  • Diagnostic tests/procedures
  • Prosthetic implants
  • Ambulance charges 

Royal Sundaram’s Personal Accident Policy gives: 

  • Worldwide insurance coverage 
  • SI up to Rs. 75,00,000 
  • 100% of the SI on 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
  • Rs. 10,000 towards the education of the insured’s dependent children 
  • Recovery benefits up to Rs. 50,000

COVID-19 Insurance: 

Both Max Bupa Health Insurance and Royal Sundaram Health Insurance offer the Corona Kavach Policy. It gives:

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

Royal Sundaram also offers COVID Secure that gives: 

  • SI up to Rs. 50,000
  • 100% reimbursement of the SI on:
  1. The diagnosis of COVID-19
  2. A positive test report of COVID-19
  3. After completion of the waiting period