Tata AIG Health Insurance vs Liberty Health Insurance

A good health insurance plan provides quality health care without burning a hole in your pocket. But finding the one that gives you quality healthcare at a reasonable cost can be a daunting task. This is where a health insurance comparison guide comes in handy. Here’s a comparison between Tata AIG Health Insurance and Liberty Health Insurance. Understanding each offering will help you decide which health insurance plan to buy and which best suits your requirement.

Tata AIG Health Insurance and Liberty Health Insurance – Overview 

ParameterTata AIG Health Care InsuranceLiberty Health Insurance
Number of health insurance plans119
E-servicesPolicy sale
Policy renewal
Claim settlement
Online consultation
Branch locator
24×7 customer support 
Policy sale
Policy renewal
Claim settlement
Online consultation
Branch locator
24×7 customer service
Branches90+110
Claim settlement ratio78.93%91%
Network Hospitals 5,200+5,000+

*Source: Insurance Regulatory and Development Authority of India (IRDAI) Annual Report 2018-19

Health Insurance Policy: Tata AIG Health Insurance and Liberty Health Insurance

Tata AIG Health Insurance offers 11 health insurance policies on individual and family floater basis. Coverage for senior citizens, women, corporate groups, critical illnesses, accidents, COVID-19, etc. is provided in separate health plans.

Liberty Health Insurance offers 9 health insurance policies on individual and family floater basis. Their plans cover medical issues like accidents, critical illnesses and COVID-19, among others. 

Individual and Family Health Insurance: 

Tata AIG offers 3 comprehensive family health plans – Wellsurance, Medi-plus and Medi-Raksha, which cover: 

  • Pre, post and in-patient hospitalization costs
  • Domiciliary treatment, organ transplant and daycare procedures
  • Dental treatment in case of accident/ injury
  • Critical illnesses, providing a one-time lump-sum payout on diagnosis

Liberty Health Insurance offers Liberty Health Connect, Health Connect Supra and Secure Health Connect – 3 family health plans that cover

  • Pre, post and in-patient hospitalization costs
  • Over 400 daycare procedures
  • AYUSH treatment, domiciliary treatment and organ donor transplantation
  • Medical emergencies anywhere in the world (Health Connect Supra) 

Health Connect Supra offers sum insured amount up to Rs.1 crore at an affordable premium of Rs.670 per month.

Critical Illness Health Insurance: 

Tata AIG’s critical illness insurance plan offers: 

  • A one-time lump-sum payout on diagnosis of critical illness
  • Cover for 12 critical illnesses including cancer, stroke, kidney failure, etc.
  • A second consultation / opinion for re-diagnosis 
  • Tax benefit up to Rs.15,000 (as per the Income Tax Act, 1961)
  •  An option to increase the sum insured after buying the policy

Liberty Health Insurance critical illness insurance plan offers: 

  • Cover for up to 60 critical illnesses, including cancer, permanent paralysis, (first) heart attack, etc.
  • A sum insured amount ranging between Rs.1 lakh – Rs.1 crore
  • 100% lump-sum payout upon diagnosis in the case of critical illnesses
  • Waiver of 30-day survival period in case of life-threatening illnesses 
  • A subsequent-cover for 2 critical illnesses for lifetime 

COVID-19 Health Insurance: 

As per the mandatory directive of the Insurance Regulatory and Development Authority of India (IRDAI), every insurance company has to provide health plans for COVID-19. Such plans present standard coverage for a fixed term of 3.5, 6.5 or 9.5 months at affordable premium rates. 

Both Tata AIG Health Insurance and Liberty Health Insurance offer a Corona Kavach Policy on individual and family floater basis. 

Tata AIG’s Corona Kavach Policy offers: 

  • Indemnification of expenses incurred for hospitalization (up to the sum insured)
  • Reimbursement of charges incurred for AYUSH treatment 
  • Inclusion of pre and post hospitalization expenses
  • Cover for expenses incurred during home treatment

Liberty Health Insurance’s Corona Kavach Policy offers: 

  • A sum insured amount between Rs.50,000 to Rs.5 lakhs
  • Cover for expenses incurred for pre, post and in-patient hospitalization 
  • Compensation for AYUSH and homecare treatment 
  • Option to avail daily hospital cash allowance (up to 0.5% of sum insured)

Studying the comparative features of Tata AIG Health Insurance and Liberty General Insurance can help you select the right health insurance provider and policy for your needs. For further help, you can reach out to a professional insurance expert to buy health insurance.

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