Tata AIG Health Insurance vs Cholamandalam Health Insurance

Before you ride a bike, you must have heard how important it is to put on a helmet for optimum protection on the roads. The humble helmet becomes the biggest tool of protection in case of an unfortunate accident. In the same way, health insurance becomes the strongest safety accessory when you go about life.  It might seem inconsequential at first, but its true potential comes into play upon a health crisis. At such a time, it will prevent you from draining your finances and take care of all your medical expenses. You can learn more about health insurance with this Tata AIG Health Insurance vs Cholamandalam Health Insurance comparison guide. 

Tata AIG Health Insurance vs Cholamandalam Health Insurance – Overview 

Parameter Tata AIG Health InsuranceCholamandalam Health Insurance
No. of health insurance policies14+10+
E-servicesPolicy salePolicy renewalClaim settlement Branch locatorOnline consultation24x7 customer support Policy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 call assistance
Branches90+100+
Claim settlement ratio96.43%50.01%
Cashless claim settlement time 4 hoursUnspecified
Hospital network5,800+ 8000+

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

Health Insurance Policies: Tata AIG Health Insurance vs Cholamandalam Health Insurance

Tata AIG Health Insurance offers over 14 health insurance policies that provide holistic coverage for diverse individual needs. These include the needs of individuals, families, mothers, children, senior citizens, and corporate groups.

Cholamandalam Health Insurance offers over 10 health insurance policies that provide extensive coverage. Their policies cover the needs of individuals, families, and senior citizens.  

Top-up Policy:

Tata AIG Health Insurance’s Top-up Policy, called the Medicare-Plus Policy provides: 

  • Sum insured (SI) amount options up to Rs. 1,00,00,000
  • Deductible amount options up to Rs. 20,00,000
  • Coverage for: 
  • Pre and post-hospital care 
  • In-patient hospital care 
  • In-patient dental treatment 
  • Domiciliary/home hospital care 
  • 540+ daycare procedures 
  • Organ donor expenses 
  • Non-allopathic/AYUSH treatments  
  • Cost of consumables
  • Cost of health check-up
  • Medical second opinion for 9 critical illnesses including: 
  1. Cancer
  2. Kidney failure 
  3. Stroke 
  • Ambulance charges up to Rs. 3,000 per hospitalization
  • The option to opt for worldwide insurance protection on the payment of additional premium 

Cholamandalam Health Insurance’s Super Top-up Policy provides: 

  • Two sub-policy options – Premiere and Supreme 
  • SI amount options up to Rs. 25,00,000
  • Deductible amount options up to Rs. 20,00,000
  • Coverage for:
  • Pre and post-hospital care 
  • In-patient hospitalization 
  • Domiciliary/home hospital care 
  • 141 daycare procedures
  • Organ donor expenses 
  • AYUSH treatments
  • Ambulance charges 
  • Waiver of the pre-policy medical check-up for those up to 55 years of age 

Critical Illness Policy: 

Tata AIG Health Insurance’s Critical Illness Policy offers: 

  • SI amount options up to Rs. 15,00,000
  • 100% of the SI on the diagnosis of a listed critical illness 
  • Coverage for 12 life-threatening and surgical procedures diseases including: 
  • Cancer
  • Stroke
  • Kidney failure
  • Major burns 
  • Blindness 
  • Major organ transplant 
  • Bone marrow transplant 
  • Costs towards a second medical opinion 
  • The option to make top-up enhancements to the policy 

Cholamandalam Health Insurance’s Critical Illness Policy offers:

  • Two sub-policies – Standard and Advanced 
  • SI amount options up to Rs. 10,00,000 
  • 100% of the SI on the diagnosis of a listed critical illness 
  • Coverage for up to 12 life-threatening diseases and surgical procedures including: 
  • Cancer
  • Kidney failure
  • First heart attack 
  • Multiple sclerosis
  • Permanent paralysis
  • Open chest CABG 
  • Aorta surgery 
  • Ambulance costs up to Rs. 1,000 per hospitalization 
  • Waiver of the pre-policy medical check-up for those up to 55 years of age 

Daily Hospital Cash Policy: 

Tata AIG Health Insurance’s Daily Hospital Cash Policy provides: 

  • Daily cash benefits between Rs. 500 – Rs. 5000
  • Twice the benefit amount (up to Rs. 10,000) for hospitalization of the insured due to an accident 
  • Reimbursement of in-patient hospitalization expenses due to an accident up to Rs. 25,000 

Cholamandalam Health Insurance’s Daily Hospital Cash Policy provides: 

  • Daily cash benefits between Rs. 1,000 – Rs. 3,000 
  • Twice the benefit amount (up to Rs. 6,000) for hospitalization of the insured in the ICU 
  • Convalescence benefits up to Rs. 20,000 for hospitalization beyond 20 days
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