With healthcare expenses steadily increasing, having a reliable health insurance plan has become essential. The right policy shields you and your family from unexpected medical costs, giving you peace of mind and uninterrupted access to quality treatment.
Given the wide range of plans available, choosing the best one can feel overwhelming. That’s where Policybazaar steps in—making it easy to compare, evaluate, and pick a health insurance policy that fits your needs and budget perfectly.
Why should I buy the Right health insurance policy?
Purchasing the best health insurance policy in India is essential to safeguard your well-being and finances. It offers comprehensive coverage for medical expenses, including hospitalization, surgeries, medications, and diagnostic tests. With the best health insurance policy, you gain access to a wide network of hospitals and healthcare providers, ensuring timely and quality medical care. It provides financial security during emergencies, protects savings from healthcare costs, and offers peace of mind knowing that you and your loved ones are adequately covered against health-related uncertainties. Investing in the best health insurance policy is a prudent decision for securing your future health and financial stability.
Best Health Insurance Plans In India For 2025
Finding good insurance plans can get tricky with so many options available in the market. Visit Bajaj Finance Insurance Mall to get a quick view of the best health insurance plans in India, offered by leading insurers:
Best health insurance plans in India - 2025 |
Entry age (Min-Max) |
Description |
Sum insured |
Number of network hospitals |
Aditya Birla Group Activ Health Plan |
18 years and above |
|
Up to Rs. 10 lakh |
10,000+ |
Niva Bupa Health Plus |
18-60 years |
|
Up to Rs. 5 lakh |
8,500+ |
Bajaj Allianz Health Guard Insurance Plan
|
Age (adults): 18-65 years
Age (dependent children): 91 days to 25 years |
|
Up to Rs. 50 lakh |
7000+ |
ManipalCigna Pro-Health Group |
Age (adults): 18-65 years
Age (dependent children): 91 days to 25 years |
|
Up to Rs. 5 lakh |
6,500+ |
Best health insurance policies in India
Check out the details of the best health insurance in India offered through Bajaj Finance:
Aditya Birla Group Activ Health Plan
This Aditya Birla health insurance policy provides coverage for treatment against chronic illnesses.
It comes in options with and without co-pay, providing sum insured of up to Rs. 10 lakh.
You can claim medical expenses incurred 30 days before hospitalisation and 60 days after hospitalisation.
Organ donor expenses, road ambulance, and room rent charges are a few other benefits covered under this plan.
Niva Bupa Health Plus Plan
This comprehensive healthcare plan provides coverage against hospitalisation expenses, offering sum insured of up to Rs. 5 lakh.
You can get coverage for pre- and post-hospitalisation expenses.
Domiciliary treatments and emergency ground ambulance are among the other benefits that the plan offers.
No medical underwriting is required for this plan.
Get coverage of up to the sum insured in case of organ transplant.
Bajaj Allianz Health Guard Insurance Plan
It takes care of the medical treatment expenses incurred during hospitalisation resulting from serious illness or accident.
The policy offers a daily cash benefit of Rs. 500 per day. This is capped at 10 days per policy year, to cover reasonable accommodation expenses for one parent or legal guardian. This benefit applies when staying with a minor insured person (under the age of 12), subject to the condition that the hospitalisation claim is approved under the inpatient hospitalisation treatment cover.
Medical expenses of pre-natal and post-natal hospitalisation per delivery.
Manipal Cigna Pro Health Group Plan
This policy provides coverage for hospitalisation exceeding 24 hours, encompassing expenses such as room rent, ICU charges, nursing, doctor, and surgeon fees.
The plan extends coverage to include oxygen, operation theatre costs, and other associated medical expenses.
Covers treatments such as ayurveda, unani, sidha, homoeopathy. Also, yoga, and naturopathy.
Domiciliary treatment, road ambulance cover, daycare treatment, and organ donor expenses are a few other benefits that you can claim with this plan.
How to select the right Health Insurance Policy?
Choosing the right health insurance policy is a crucial decision that impacts both your physical and financial well-being. A carefully selected plan offers peace of mind, timely care, and long-term protection from rising medical costs. Here’s a detailed guide to help you make an informed decision:
Understand your needs first
Before you start comparing plans, assess the following:
Family size and age: Consider the number of family members, their ages, and any pre-existing medical conditions.
Medical history: If there’s a family history of chronic conditions (like diabetes or heart disease), look for plans with fewer restrictions on such diseases.
Life stage: A newly married couple may need maternity cover; a senior citizen may prefer higher coverage with minimal waiting periods.
Tip: Opt for a family floater plan if you want collective coverage; individual plans may suit elderly members better.
Decide the type of policy you need
There are different types of health insurance policies available in India:
Individual health insurance: Covers one person; ideal for people with specific or complex health needs.
Family floater plan: Covers the entire family under a single sum insured; best for young or mid-aged families.
Senior citizen plans: Tailored for people aged 60 and above, often with shorter waiting periods but higher premiums.
Critical illness cover: Provides a lump sum payout on diagnosis of specific life-threatening diseases.
Top-up and super top-up plans: Increase your overall coverage without increasing the base premium significantly.
Tip: Combine a base policy with a super top-up plan to enhance protection affordably.
Check the sum insured and room rent limits
The sum insured is the maximum amount the insurer will pay in a year.
A sum insured of ₹5 lakh to ₹10 lakh is ideal for small families in urban areas.
For metros, high-cost treatments, or aged dependents, consider plans offering ₹25 lakh to ₹1 crore or more.
Some policies offer unlimited reinstatement of sum insured after a claim.
Also review:
Room rent cap: Plans with room rent sub-limits (e.g., ₹5,000 per day) may lead to out-of-pocket expenses if you choose a more expensive room.
ICU limits: Some plans restrict ICU charges to 1.5–2% of the sum insured.
Tip: Go for a plan with no room rent cap for full flexibility during hospitalization.
Look at the network hospitals
Cashless treatment is a key feature. Check:
The number and quality of network hospitals in your city.
Proximity of reputed hospitals to your residence.
Whether multi-specialty and super-specialty centers are part of the network.
Tip: Check if your preferred hospitals are on the insurer’s panel for cashless claims. Use platforms like Policybazaar to filter based on network hospitals.
Evaluate pre and post-hospitalization coverage
Good plans cover expenses not just during hospitalization, but also:
Pre-hospitalization (diagnostics, consultation): Usually 30–60 days before admission
Post-hospitalization (follow-ups, medicines): Often 60–180 days after discharge
Tip: Choose plans that offer at least 60 days pre and 180 days post-hospitalization cover for extended care.
Check for daycare and OPD coverage
Not all treatments require 24-hour admission today. Ensure your policy includes:
Daycare procedures: Like cataract surgery, dialysis, tonsillectomy, chemotherapy, etc. (Some plans offer over 500+ daycare treatments)
OPD cover: Helps with reimbursement for doctor visits, diagnostics, and minor procedures
Tip: Daycare coverage is standard now; OPD cover is a valuable add-on if you visit doctors frequently or manage chronic conditions.
Review the waiting periods
Most policies have waiting periods for certain conditions:
Initial waiting period: Usually 30 days (except for accidents)
Pre-existing diseases (PEDs): 2 to 4 years
Maternity coverage: Typically 9 months to 3 years
Specific illnesses: May have separate waiting durations
Tip: Choose insurers offering shorter waiting periods—especially for PEDs and maternity.
Assess the Claim Settlement Ratio (CSR)
CSR indicates the insurer’s reliability in paying claims.
Look for a claim settlement ratio above 90%.
Also consider claim turnaround time—how quickly claims are approved.
Some insurers offer cashless claim approval within 30 minutes.
Tip: Platforms like Policybazaar showcase CSR and user reviews for transparency.
Check for bonus and renewal benefits
No Claim Bonus (NCB): Many insurers offer 10%–50% increase in sum insured for every claim-free year.
Lifelong renewability: Essential for long-term coverage.
Wellness rewards: Some plans offer digital health points, free check-ups, or discounts on renewal.
Tip: Go for policies that offer cumulative bonus and wellness benefits to encourage healthy living.
Don’t ignore exclusions and sub-limits
All policies have exclusions. Watch out for:
Permanent exclusions: Cosmetic surgery, infertility, experimental treatments
Disease-specific sub-limits: For example, only ₹40,000 for cataract even if your sum insured is ₹10 lakh
Tip: Read the policy brochure carefully or use comparison tools on Policybazaar to review fine print before buying.
Compare plans side by side
Once you’ve shortlisted a few options, use Policybazaar to:
Compare premiums, benefits, features, exclusions, and claim process
Read verified customer reviews
Use filters like age, city, sum insured, and family size to find a tailored policy
Tip: Always download the policy wordings and compare at least 3 plans before making a final decision.
Use digital tools to buy & manage your policy
Buying online via trusted aggregators like Policybazaar ensures:
Transparent pricing and real-time comparison
Paperless application and instant policy issuance
Access to digital claim filing, health check-ups, and renewal reminders
Tip: Policybazaar offers expert support, chatbots, and policy tracking, making health insurance easier than ever.
What are the benefits of right health insurance plans in India?
When searching for the best health insurance plan in India, consider these key benefits:
Cashless hospitalisation :
Most health insurance plans offer cashless hospitalisation. Insurance companies tie up with several hospitals to create a network to offer quality cashless mediclaim policy. Get your treatment at any of the network hospitals without worrying about the availability of funds. Here, the insurers directly settle the claims with the hospitals.
Comprehensive coverage :
The best health insurance policy offers coverage for a range of healthcare expenses. This includes in-patient and pre- and post-hospitalisation expenses. Some insurance policies also provide coverage for daycare treatments, ambulance expenses, and domiciliary treatment.
Lower premiums:
The best health insurance plans in India often feature lower premiums, making them more affordable for individuals and families. Competitive pricing ensures that essential coverage is accessible, allowing policyholders to secure comprehensive health protection without straining their budgets.
Tax benefits :
Avail tax benefits under relevant sections of the Income Tax Act, 1961 for paying premiums towards the health insurance policy.
Cashless treatment:
One of the key benefits of the best health insurance plans in India is cashless treatment. This feature allows policyholders to receive medical services at network hospitals without making upfront payments, streamlining the claims process during emergencies.
No Claim Bonus or cumulative bonus :
You gain a cumulative bonus for having claim-free policy years. You can benefit from this bonus by increasing your sum insured when renewing the health policy.
Wellness benefits:
The best health policy in India often includes wellness benefits, such as preventive health check-ups, fitness programs, and discounts on health-related services. These incentives promote overall well-being and encourage policyholders to maintain a healthier lifestyle, enhancing long-term health.
Daily allowance :
Many health insurance policies offer daily cash benefit. This helps you take care of the miscellaneous expenses when hospitalised. You may get up to Rs. 1,000 daily, depending on the health insurance chosen.
Critical illness coverage :
Critical illness cover offers coverage for treatments of life-threatening diseases. Health insurance policies also offer critical illness cover as an add-on benefit. Some also include it in their key benefits. You get coverage for cancer, stroke, heart diseases, kidney failure and more. Check the list of the critical illnesses covered under the health insurance policy when buying one.
Extra benefits :
Other common benefits offered by some of the best health insurance in India:
- Free annual health check-ups
- Online doctor consultations
- Consultations with nutritionists
- Discounts on lab tests