About Care Health Insurance (Formerly known as Religare Health Insurance)
Religare Health Insurance India (now called Care Health Insurance) is a joint venture between Religare, Union Bank and Corporation Bank, beginning in 2012. Since then, Religare General Insurance has grown into one of India’s best health insurance providers, with plans for individuals and groups, covering critical illnesses and accidents. The kind of coverage offered by Religare Insurance ensures that they remain one of India’s most popular providers today.
ReligareMediclaim currently runs over 7400 network hospitals, maintaining a 93% claim settlement ratio across them through the cashless facilities. This type of reach, along with their efficiency that ensures a 99.30% grievances solved rate places, ensures that their customers are always satisfied with their services and receive high-quality insurance services at every turn.
The range of policies offered by Religare Health Insurance online are:
- Religare Health Insurance Assure Plan
- Religare Health Insurance Care Freedom Plan
- Religare Health Insurance Care Plan
- Religare Health Insurance Senior Plan
- Religare Health Insurance Joy Plan
- Religare Health Insurance Secure Plan
Let’s take a closer look at every Religare health insurance plan.
Religare Health Insurance Care Freedom Plan
- Entry Age: 90 days minimum; no maximum.
- Policy Period: 1-3 years
- Sum Assured: Rs.3 lakhs
- Pre and Post-Hospitalisation: 30 days and 60 days, respectively
Other benefits:
- The plan covers domiciliary expenses
- Road Ambulance charges: All ambulance expenses reimbursed
- Free-look period: 15 days
Religare Health Insurance Care Plan
- Entry Age: 5–no limit years
- Policy Period: 1-3 years
- Sum Assured: Rs.3 lakhs-75 lakhs
- Pre and Post-Hospitalisation: 30 days and 60 days, respectively
Other benefits:
- Hospital Cash Benefit: Rs. 500 per day
- Policies of Rs.5+ lakhs have no room rent upper limit
- Complimentary comprehensive health check-ups for everyone covered under the policy every year.
Religare Health Insurance Senior Plan
- Entry Age: 61 years minimum; no maximum
- Policy Term: 1-3 years
- Sum Insured: Rs.3-10 lakhs
- Pre and Post-Hospitalisation: 30 and 60 days, respectively
Other benefits:
- Hospital Cash Benefit: Rs. 500 per day
- ICU Coverage: Up to 2% of Sum Insured
- No-Claim Bonus: 10% increase in Sum Insured until 50%
- Ambulance Coverage: Rs. 1500 - 2000 (depending on Sum Insured)
Religare Health Insurance Joy Plan
- Entry Age: 18-65 years (Adult); 1 day-24 years (Child); 1-90 days (Newborn)
- Policy Term: 3 years
- Sum Insured: Rs.3-5 lakhs
- Pre and Post-Hospitalisation: 30 and 60 days, respectively
Other benefits:
- Ambulance Coverage: Rs.1000 per claim
- Maternity Cover: Rs.35,000-50,000 (only available up to 45 years)
- Newborn Cover: Rs.30,000-50,000
Religare Health Insurance Secure Plan
- Entry Age: 18-60 years (Adult); 91 days-24 years (Child)
- Policy Term: 1-3 years
- Sum Insured: Secure 1: Rs.10 lakhs; Secure 2: Rs.15-30 lakhs; Secure 3: Rs.20 lakhs-3 crores; Secure 4: Rs.3-25 crores
- Renewability: Lifetime
Other benefits:
- Ambulance Coverage: Rs. 5000 offered for Secure 3 and 4
- Hospitalisation Expenses: Rs. 1 lakh (Secure 2); Rs. 5 lakhs (Secure 3); Rs. 10 lakhs (Secure 4)
- Child education benefit: 10% of the sum insured
The Advantages of a Religare Health Insurance Policy
Religare Health Insurence is exceedingly popular due to a number of reasons. They have several positive reviews as well as praises for the company offering the plans. The range of sums insured, premium and floater options place every Religare group health insurance and individual insurance in high demand. Why are they so popular?
- Religare Health Care offers cashless facilities at over 7000 hospitals all over the country. Combining this with the high Religare claim settlement ratio places them in the running for India’s top insurance provider.
- Every Religare health policy includes a no-claim bonus for every claim-free year. Depending on your policy of choice, this can increase your sum insured by 150%.
- The lack of third-party administrators (TPAs) makes Religare more reliable and trustworthy to its customers. This also makes the claim process hassle-free since you directly contact the company.
- There is no pre-policy medical examination required for individuals under 50 years who purchase a policy with a sum insured lower than Rs. 25 lakhs. You can upgrade your plan during the renewal process if desired.
- The range of sum insured options offered under the different plans allows you to discern which plan would best benefit you while staying within your budget. Religare also offers benefits and incentives under every sum insured option so you can make the most informed decision about which insurance plan would benefit you the best.
- All premiums paid during your Religare renewal process are deductible under Section 80(D) of the Income Tax Act.
Religare Health Insurance Premium Calculator
There are several factors which affect your premium when purchasing a policy. When it comes to health insurance, Religare is exceptionally precise about premium calculations so that you know exactly how your chosen policy will affect you financially. How do they calculate your premium?
- Age: As your age increases, so does your premium since you become more prone to illnesses.
- Environmental Factors: The kind of work you do, professional environment, and stress levels play a role in determining your premium.
- Tobacco Consumption: Smokers are automatically more prone to illness since tobacco affects the body. Therefore, Religare takes this into account and calculates your premium accordingly.
- Gender: Your premium differs based on your gender. Women pay higher premiums than men.
- Body Mass Index (BMI): BMI is the ratio between your height and weight. If your BMI is in an unhealthy range, then your premium is higher since that makes you more prone to illnesses.
ReligareMediclaim Policy Claim Process
The Religare Health Insurance claim settlement ratio is currently impressively high at 93%. This is maintained through both planned and unplanned hospitalisations. The fact that they manage to have such a claim ratio with over 7000 network hospitals is also very impressive. What are the claim processes that let them maintain such ratios?
Planned Hospitalisation:
- Intimate the insurer 48 hours before hospitalisation.
- Submit the reimbursement claim form along with the required supporting documents, including a discharge summary, hospital bills, medical reports, pharmacy bills, prescriptions, etc.
- Answer any questions the claim management team may have so that your claim is smoothly processed.
- You will receive the claim amount after approval.
Unplanned Hospitalisation:
- Intimate the insurer within 24 hours of hospitalisation.
- Display your health card at the hospital desk.
- The hospital will submit a duly-filled and signed pre-authorisation request form to the insurer.
- Upon approval, the hospital will proceed with the cashless treatment.
- If rejected, you may file for reimbursement after discharge.
Cover360’s insurance experts are here to ensure you have all the necessary documents for a successful claim process. After setting you up with the most beneficial insurance provider for your needs, we want your insurance journey to be smooth. This means that you can call our customer care at any time for assistance with any aspect of the claim process.
Religare Health Insurance Renewal Process
- Visit cover360.in and go to our renewal page
- Enter the details asked
- You will be taken to the Religare (Care Insurance) website to complete the renewal process
- Alternatively, go to the insurer’s website and renew your Religare Insurance online.
- Go to the “Renewal” page.
- Fill in the necessary details such as policy number and date of birth.
- Click on “Let’s Renew”
- Make your premium payment.
- You will receive a renewal confirmation and a soft copy of your policy on your registered email ID.
Contact Cover360 and avail our 24/7 customer service team’s expertise at any point during your insurance experience. Whenever you need any help, either while buying, claiming, or renewing, reach out to us and we will guide you through the best and simplest path. We ensure that you have the most comfortable experience with a beneficial insurance plan that protects you and your loved ones from any financial burdens!
