Insurance is something that no matter how busy you are should be on your 'to-do' list. Care Health Insurance which was earlier known as Religare Health Insurance is a steadfast health insurance company in India. It is an additional branch of Religare Enterprises Limited. It is known for offering quality-driven products that are linked with family health plans such as critical illness, personal accident, super top-up, maternity insurance. It also provides micro insurance products for the rural areas. In addition to this, it delivers wellness services to its prospective customers. In the last few years, this company has managed to bag many awards and accolades.
Some Crucial Attributes of Care Health Insurance Company
Care Insurance is a reliable company that takes immense pride in delivering an expansive assortment of health insurance policies to satisfy the diversified healthcare requirements of customers. Care Insurance also presents an in-house app that helps people to address their concerns regarding various insurance policies. Let's talk about some noteworthy features of care insurance.
A broad range of hospitals: Care medical insurance is known for offering cashless treatment in more than 20800+ hospitals across the nation.
Solvency ratio: Before you settle on any insurance company, it is imperative to consider its solvency ratio because it mirrors the company's ability to satisfy its long-term financial obligations. As per IRDAI, it is utmost important to sustain the solvency ratio of 1.5. Care medical insurance currently sustains a solvency ratio of 1.81.
Market share: The term 'market share' is used to describe the total number of policies that are sold by an insurance company and the premiums collected by it. According to IRDAI Annual Report 2021-22, the Annual Gross Premium of Care Health Insurance is 3,880.91 crores.
Claim support ratio: Make sure to check Claim support ratio before buying any insurance policy from an insurer. It shows the insurer's ability to settle claims. Care Health Insurance sustains a claim settlement ratio of 100% which reflects that the company is reliable and thinks about serving customers.
No. of branches: Currently, Care Health Insurance has 158+ branches across the country. In case of any policy or claim-related queries, a policyholder can visit the nearest branch of the company.
With so many insurers available in the market, it gets tedious to choose a reliable insurance provider. So, Policychayan is here to help you. Our aggregator platform enables seekers to choose a reliable company to buy a desired insurance plan. We look after all the insurance needs of our customers. Here, you will find the best health insurance tips that will support you to choose an insurer hassle-free to fulfill your insurance needs. Here, you will find the right insurance for you with just a click.
Why Care Health Insurance (Previously known as Religare Health Insurance)?
Undeniably, the market is swarming with health insurance companies which makes choosing a reliable one for you a tedious task. Let's discover some benefits of Care Health Insurance to help you make an informed decision.
Seasoned health insurer: Care Health insurance provides a distinctive blend of health plans that fit within every budget and serve your health requirements. Care is a seasoned health insurer that assures to look out for and serves customers' healthcare needs efficiently.
In-house claim settlement team: When it comes to Care Health, bid adieu to engaging with TPAs because this company provides swift in-house claim settlement that will save you time and energy.
Mobile app to help you: You can download Care Health mobile app to address most of your concerns with just a click.
20800+ Care Health network hospitals: Care Health enables their policyholders to get the facility of cashless hospitalization hassle-free.
Provides 10% discount on policy renewal: Every time you renew your Care Health policy, you are entitled to get a discount of up to 10%.
Add-on Covers of Care Health Insurance (previously known as Religare Health Insurance)
Care Health Insurance is devoted to offering numerous additional covers that can be purchased with your regular health plan. People buy these add-ons to enhance coverage and customize their plans as per their requirements.
Add-on covers tend to differ from one plan to another. Nevertheless, to equip you with some understanding of available add-on covers, let's take a look at some of these.
No claim bonus super: Care Health Insurance presents a 50% increase in the sum insured for every claim-free year. This benefit can be reaped to its fullest potential.
International second opinion: With this add-on cover, it is possible to get a free international second opinion so that you can be double-sure before getting the treatment.
Unlimited automatic recharge: This Care Health add-on cover equips you with the flexibility to recharge your sum insured for unlimited times whenever it gets depleted.
Everyday care: It pays 1% of the Sum insured for every medical consultation and diagnostic test.
Coverage for air ambulance: It renders sufficient coverage for treatments that are not available in your city.