Cover Your Health in 5 Minutes. Compare Premium. Buy Now.
Choosing the right health insurance plan is one of the most important financial decisions you’ll make for yourself and your family. As one of India’s most trusted insurance brokers, Probus gives you access to the
best health insurance plans from 47+ top health insurance companies in India — all in one place.
Health insurance is a financial safety net that covers the cost of medical treatment, hospitalisation, and related expenses. In exchange for a regular premium, your insurer pays for covered medical bills — protecting your savings from unexpected healthcare costs.
With medical inflation in India rising at over 14% annually, a single hospitalisation can cost ₹2–₹5 lakh or more. Without a medical insurance plan, that bill comes directly from your pocket.
Three reasons every Indian needs health insurance today:
• Medical inflation is rising 14% yearly — healthcare costs double every 5 years
• Lifestyle diseases like diabetes and hypertension are rising sharply in people under 40
• Employer health cover ends when your job ends — individual cover protects you always
A best health insurance plan is not an expense — it is the most important financial protection you can buy for your family.
When you compare health insurance plans through Probus Insurance Broker, you are not limited to one insurer’s products. Here is what makes Probus the smarter choice:
• 47+ top health insurance companies in India — on a single platform — more choice, better comparison
• Unbiased recommendations — we show you the best plan for your needs, not the most profitable one for us
• Instant quotes — compare premiums, coverage, and claim ratios side by side in minutes
• Dedicated claims support — our team assists you through every step of the claims process
• 100% digital — buy, renew, and manage your mediclaim policy entirely online
• IRDAI-licensed broker — regulated, trusted, and fully compliant — license no. 150
Finding the right medical insurance plan depends on your age, family size, health history, and budget. Use the comparison below to shortlist plans before you buy. All plans are available through Probus — compare premiums, sum insured, and claim ratios in one place.
What is Incurred Claim Ratio (ICR)? ICR is the percentage of premiums paid out as claims. Higher ICR = insurer pays more claims = more reliable for policyholders.
Health Insurance Plan | Insurer | Sum Insured | Claim Ratio | Network Hospitals |
Active Assure Diamond Plan | Aditya Birla Health | ₹2L – ₹2Cr | 59% | 8,000+ |
Health Guard Plan | Bajaj Allianz | ₹1.5L – ₹50L | 85% | 6,500+ |
Smart Health Assure Plan | Bharti AXA | ₹3L – ₹5L | 89% | 4,300+ |
Digital Health Plan | Digit Health Insurance | ₹2L – ₹25L | 11% | 5,900+ |
Health Protector Plus | IFFCO Tokio | ₹2L – ₹25L | 102% | 5,000+ |
Health Connect Supra Top-up | Liberty Health Insurance | Up to ₹1Cr | 82% | 3,000+ |
Companion Individual Plan | Niva Bupa | ₹3L – ₹1Cr | 54% | 4,115+ |
Pro Health Plan | ManipalCigna | ₹2.5L – ₹1Cr | 62% | 6,500+ |
Individual Mediclaim Plan | Oriental Health Insurance | ₹1L – ₹10L | 108.80% | 4,300+ |
Family Health Optima Plan | Star Health Insurance | ₹1L – ₹25L | 63% | 10,200+ |
Tata AIG Medicare Plan | Tata AIG Health Insurance | ₹2L – ₹10L | 78% | 3,000+ |
National Parivar Mediclaim Plus | National Insurance | Up to ₹50L | 107.64% | 6,000+ |
* Disclaimer: Claim ratios sourced from IRDAI annual report. Sum insured from respective plan brochures. Subject to change.
Understanding the different types of medical insurance plans helps you pick the right coverage for your situation. Each type is designed for a specific need — choosing the wrong one means either overpaying or being underinsured.
Covers one person for hospitalisation, pre and post-hospitalisation expenses, diagnostic tests, and consultation fees.
A family health insurance plan covers your entire family — spouse, children, and sometimes parents — under a single shared sum insured.
Specifically designed for individuals above 60 years. Addresses higher medical needs — including pre-existing condition coverage after a waiting period.
Pays a lump sum on diagnosis of life-threatening conditions — not tied to hospital bills.
Covers pregnancy-related expenses including pre/post-natal care, delivery, newborn care, and emergency transport.
Employer-provided coverage for employees and optionally their families.
Many people use these terms interchangeably, but a mediclaim policy and a comprehensive health insurance plan are not the same. Here is a clear breakdown so you can choose the right product for your needs.
Feature | Health Insurance | Mediclaim Policy |
Coverage Scope | Hospitalisation + pre/post + critical illness + OPD + day care | Hospitalisation and accidents only |
Number of Claims | Unlimited per year — no cap on frequency | Per claim — cashless or reimbursement |
Sum Assured | 100% reloading available in most plans | Pre-determined fixed sum — no reloading |
Add-On Coverage | Critical illness, maternity, accident, disability riders | No add-ons available |
Treatment Covered | 20+ critical illnesses, AYUSH, day care procedures | Accidents and basic hospitalisation only |
Pre & Post Hospitalisation | 30–60 days before, 60–180 days after discharge | Hospitalisation period only |
Portability | Full portability — switch without losing benefits | Limited portability options |
Best Suited For | Comprehensive protection for individuals & families | Basic, low-cost hospitalisation cover |
Bottom line: If you want basic hospitalisation cover at the lowest cost, a mediclaim policy works. If you want complete financial protection for your family, a comprehensive health insurance plan is the right choice.
Getting affordable health insurance does not mean settling for less. These 6 tips help you maximise coverage while keeping premiums manageable:
6. Add a super top-up plan. Buy a smaller base policy + a super top-up for higher coverage at a lower
combined premium than a large base plan alone.
No Medical Tests up to Age 45 — Most insurers skip the pre-policy medical exam for applicants under
45 — faster and simpler onboarding.
Understanding what drives your premium helps you make smarter choices when you compare health insurance plans. Here is a full breakdown with actionable tips for each factor:
Factor | How It Affects Premium | Tip to Manage Cost |
Age | Premiums rise sharply after 45. Younger applicants pay far less. | Buy before age 30 for the lowest lifetime cost. |
Sum Insured | Higher coverage = higher premium. ₹25L costs more than ₹5L. | Minimum ₹10–₹25L recommended for urban families. |
Family Size | Each added member increases total premium. | A family floater is cheaper than individual policies. |
Pre-existing Conditions | Diabetes, hypertension, heart conditions = higher premium or waiting period. | Disclose all conditions — non-disclosure causes claim rejection. |
BMI | Higher BMI = higher health risk = higher premium. | Healthy weight can reduce your premium at renewal. |
Location | Metro residents pay more due to higher hospital costs. | Compare plans with strong networks in your city. |
Profession | High-risk jobs attract higher premiums. | Desk job professionals get the lowest occupational risk rates. |
Medical History | Family history of cancer or heart disease raises risk. | Consider a critical illness rider if family history is present. |
Policy Tenure | 2–3 year policies attract discounts vs annual renewal. | Lock in current rates with a 2-year policy. |
Comparing medical insurance plans online through Probus takes under 5 minutes. Here is how:
No agents. No paperwork. No pressure.
When comparing, pay attention to these 4 things beyond the premium: claim settlement ratio, network hospital count in your city, sub-limits on room rent, and waiting period for pre-existing conditions.
Note: Exclusions vary by insurer and plan. Always read the policy wording before purchase. Probus advisors can walk you through the exclusions of any specific plan before you commit.
There is no single best health insurance company in India for everyone — the right insurer depends on your age, health condition, city, family size, and budget. Top health insurance companies in India include Star Health, Niva Bupa, Aditya Birla Health, HDFC ERGO, Care Health, Bajaj Allianz, and Tata AIG. Comparing plans side by side at Probus gives you an unbiased view of which insurer offers the best coverage for your specific needs.
The best family health insurance plan provides a shared sum insured of at least Rs.10–25 lakh, covers all family members including children and parents, includes cashless treatment at hospitals near you, and has a high claim settlement ratio. Star Health Family Optima, Niva Bupa ReAssure, and Aditya Birla Activ Health are among the most popular family floater plans available.
A mediclaim policy is a basic hospitalisation cover that reimburses your hospital bills up to the sum insured. Health insurance is broader — it covers critical illnesses, pre and post-hospitalisation, day care procedures, maternity, and more. A mediclaim policy is a subset of health insurance, not a replacement for it.
For an individual in a metro city, a minimum sum insured of Rs.10 lakh is recommended given current healthcare costs. For a family of four, Rs.15–25 lakh as a family health insurance floater plan is advisable. If you have a history of critical illness in your family, add a critical illness rider on top of your base plan.
Affordable health insurance plans start at as low as Rs.300–500 per month for young individuals with a Rs.5 lakh sum insured. Comparing medical insurance plans online ensures you find the lowest premium for your required coverage. Buying a family floater instead of individual policies also significantly reduces the total premium.
Yes — Probus Insurance lets you compare health insurance plans from 47+ top health insurance companies in India on a single platform. You can filter by premium, sum insured, network hospitals, and claim ratio to find the plan that best fits your needs and budget.
Buying health insurance online is faster, more transparent, and often cheaper — insurers pass on the savings from lower distribution costs. You can read the full policy document before purchasing, compare multiple medical insurance plans simultaneously, and complete the entire process in under 10 minutes.
Yes, but after a waiting period — typically 2 to 4 years depending on the insurer and the condition. Conditions like diabetes and hypertension are covered after the waiting period lapses. It is critical to disclose all pre-existing conditions honestly when buying — non-disclosure can lead to claim rejection.
Yes. Under Section 80D of the Income Tax Act, you can claim a tax deduction of up to Rs.25,000 for premiums paid for yourself and your family, and an additional Rs.25,000–50,000 for premiums paid for your parents — depending on their age.
Most health insurance companies in India reward claim-free years with a No Claim Bonus (NCB) — your sum insured is increased by 10–50% at no extra cost. Some insurers also offer premium discounts on renewal. The NCB accumulates year on year up to a defined maximum.
For senior citizens, the best medical insurance companies in India include Star Health Senior Citizens Red Carpet, Niva Bupa Senior First, and Care Health Senior. Key things to look for: high sum insured, low co-payment, wide hospital network, and shorter waiting periods for pre-existing conditions.
When comparing family health insurance plans, check: total sum insured for the family, whether parents can be included, claim settlement ratio of the insurer, number of network hospitals near your home or workplace, sub-limits on room rent and ICU, and whether maternity is covered. Probus lets you compare all these factors side by side across 47+ insurers.
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