Health insurance

List Of 10 Best Health Insurance Companies Online In India For 2023


Health insurance is a must-have financial security tool that will help you to effectively tackle the hefty medical expenditure. It is also equally important to choose the right insurance company to have a smooth process and get more benefits out of your insurance plan. Adequate research and policy comparison is of utmost importance when choosing the right plan for yourself. Purchasing from the top 5 health insurance companies in India will help you score more paybacks. 

To help you make a prudent purchase, here is a list of the 10 best health insurance companies online in India for 2023. Read to know more!

  • Acko General Insurance Ltd.

If you are looking for a completely digitalised health insurance provider, this Acko general insurance would be a perfect option for you to consider. Belongs to the private sector, this insurance company is fully online based, which means you can apply, submit claims, etc, online from the comfort of your home. It also has a higher Claim Settlement Ratio of up to 85%. 

  • Bajaj Allianz health insurance Ltd

Bajaj Allianz health insurance tops the list of top 5 health insurance companies in India with laudable policies and impressive customer care. Being a joint venture of Allianz SE and Bajaj Finserv Limited, this health insurance has been very popular in India for decades. With a network of more than 6500+ hospitals and various other features, it is definitely one of the best health insurance companies you can buy from. 

  • IFFCO Tokio Health Insurance Co. Ltd.

Incorporated in the year 2000, this IFFCO Tokio health insurance has been in the Indian market for more than 22 years now. This health insurance provider offers a wide range of health insurance plans including individual health insurance plans, family floater health insurance plans, senior citizen health insurance plans, group health insurance plans, etc. You can choose the right insurance that fits all your requirements. 

  • Reliance Health insurance Co. Ltd. 

Offered by Reliance, one of the most trusted groups of companies, this Reliance health insurance is one of the best-selling insurance plans in India. It also has the highest claim settlement ratio of 94% and a solvency ratio of 1.65. It is definitely placed in the list of top 5 health insurance companies in India. 

  • Star Health and Allied Insurance Co. Ltd.

You can easily opt for customised health insurance plans from this Star health and allied insurance for a very affordable price range. Providing the best-curated plan and top-notch service at an affordable price is claimed as the motto of this health insurance provider. The claim settlement ratio is around 94.44%

  • Raheja QBE Health Insurance Co. Ltd.

Another best health insurance company that you can consider purchasing from for yourself and your family is Raheja QBE health insurance. With a no-claim bonus of around 97.22 and a solvency ratio of 3.66, it also has high coverage plans that are very beneficial for customers. They are one of the leading brands in the insurance sector. 

  • ICICI Lombard Health Insurance Co. Ltd.

ICICI is already a well-established company in India. The ICICI Lombard health insurance company offers a wide of health insurance plans for customers from various walks of life. The plans are pocket-friendly but well rewarding. It has a claim settlement ratio of 78% which is definitely better when compared to other plans. 

  • HDFC ERGO General Insurance Co. Ltd.

This HDFC ERGO is another best health insurance plans that you can definitely purchase for yourself, your family and your senior citizen parents. One of the best highlight features of HDFC ERGO is that it also offers tailor-made solutions for Critical Illnesses and Personal Accidents. The Claim settlement ratio of this health insurance is observed to be 79.30%

  • Future Generali India Insurance C. Ltd.

A relatively new health insurance provider launched in the Indian market in the year 2007, offers a wide range of highly feature-packed health insurance for Indians. Some of the different kinds of Future Generali health insurance policies cater to the needs of a wide range of customers such as Personal Accident plans, Critical illness policies, Hospital cash, Arogya Sanjeevani policies, Senior Citizen insurance, etc.

  • Cholamandalam MS Health Insurance Co. Ltd.

A joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan, this Cholamandalam health insurance plan is another best pick in the Indian market. It offers a wide range of medical insurance policies to both the urban and rural customer base. Apart from the variety of health insurance plans, some of the prime policy inclusions are hospitalization plans, critical illness plans, super top-up plans, daycare facilities, daily benefit plans and many more. 

These are the top 10 health insurance companies in India. Make your purchase after detailed research.