SBI General Health Insurance vs Manipal Cigna Health Insurance

If you are someone who financially supports your family, ensuring that they are safe and secure at all times might be one of your topmost priorities. But have you ever thought about who would take care of them if something were to happen to you? In the case of an unexpected illness or injury, you might face a financial strain considering your finances will go towards the necessary medical care. 

However, instead of spending your savings, why not get health insurance to cover your hospital and recovery expenses? This way, your loved ones will remain financially secure, and you will be able to focus on health without worrying about your expenditure. Take a look at these health insurance policies from SBI General Health Insurance and Manipal Cigna Health Insurance to see how health insurance can help you and your loved ones.  

SBI General Health Insurance vs Manipal Cigna Health Insurance – Overview 

Parameter SBI General Health InsuranceManipal Cigna Health Insurance
No. of health insurance policies10+11
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer supportPolicy salePolicy renewalClaim settlement Branch locatorOnline consultation24x7 customer support 
Branches22,000+47
Claim settlement ratio 59.42%89.50%
Network Hospitals 6,000+6,500+

Health Insurance Policies: SBI General Health Insurance vs Manipal Cigna Health Insurance

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

SBI General Health Insurance is a joint partnership between the reputed State Bank of India Group and the Insurance Australia Group. The company has a strong presence in over 350 cities in India and tie-ups with over 6,000 network hospitals to provide its customers with the best services. It offers over 10 health insurance policies. 

Manipal Cigna Health Insurance is part of the Manipal Group and the 200-year old Cigna Corporation. The company has a wide national and global presence and tie-ups with over 6,500 network hospitals in India. It is one of the rare insurance companies to be ranked at number 13 in the Fortune 500 list of leading players. It offers 11 health insurance policies. 

Top-up Policy: 

SBI General Health Insurance Top-up Policy offers:

  • Sum insured (SI) up to Rs. 50,00,000
  • Deductible options up to Rs. 10,00,000
  • Coverage for: 
  • Pre- and post-hospitalization
  • In-patient hospitalization 
  • Home hospitalization 
  • Alternate treatments – Ayurveda, Unani, Siddha, and Homeopathy
  • 141 daycare procedures
  • Organ donor transplantation 
  • HIV/AIDS treatment
  • Mental illnesses
  • Genetic disorders
  • Congenital diseases 
  • Maternity needs  
  • Ambulance costs up to Rs. 5,000 per hospitalization 
  • Inclusion of pre-existing diseases after 4 years 
  • A waiver of the pre-policy medical test for those up to the age of 55 

Manipal Cigna’s Top-up Policy offers: 

  • SI up to Rs. 30,00,000
  • Deductible amounts up to Rs. 10,00,000
  • Coverage for:
  • Pre- and post-hospitalization 
  • In-patient hospitalization   
  • Alternate treatments 
  • Daycare procedures
  • Organ donor transplantation 
  • HIV/AIDS treatment 
  • Modern and advanced technology treatments 
  • Non-medical items 
  • Road ambulance costs 
  • Artificial life maintenance support 
  • A lump-sum benefit for 11 critical illnesses  
  • Inclusion of pre-existing diseases after 2 years 

Daily Hospital Cash Policy: 

SBI General Health Insurance’s Daily Hospital Cash Policy offers: 

  • Daily cash benefits (DCB) from Rs. 500-Rs. 2,000 for up to 60 days 
  • Twice the DCB for intensive care unit (ICU) hospitalization (up to Rs. 4,000) 
  • Twice the DCB for hospitalization due to an accident (up to Rs. 4,000) 
  • Convalescence benefits up to Rs. 5,000 

Manipal Cigna’s Daily Hospital Cash Policy offers: 

  • SI amounts up to Rs. 25,00,000 for accidental death and permanent total disablement 
  • DCBs from Rs. 500-Rs. 5,000 for up to 180 days
  • Thrice the DCB for ICU hospitalization  
  • Twice the DCB on hospitalization due to an accident 
  • Convalescence benefits up to five times the DCB 
  • 3 benefits:
  • A compassionate benefit
  • A daycare treatment benefit
  • A companion benefit 

Arogya Sanjeevani Policy: 

The Arogya Sanjeevani Policy is a standard health insurance policy offered by all insurers across India, including SBI General Health Insurance and Manipal Cigna Health Insurance. It provides adequate coverage at affordable prices. Its features include: 

  • SI amounts up to Rs. 5,00,000
  • Coverage for: 
  • Pre- and post-hospitalization
  • In-patient hospitalization 
  • Home hospitalization 
  • Alternate treatments 
  • Daycare procedures
  • Organ donor transplantation 
  • Ambulance costs up to Rs. 2,000 per hospitalization 

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