Aditya Birla Health Insurance vs Cholamandalam Health Insurance

Compare Health Insurance

Are you confused due to the vast range of health insurance policies online and finding it difficult to figure out which one to pick? Why not make the process easier by comparing the benefits offered by different insurance policies? You can start with this comparison guide of Aditya Birla Health Insurance and Cholamandalam Health Insurance. 

Aditya Birla Health Insurance versus Cholamandalam Health Insurance – Overview 

ParameterAditya Birla Health InsuranceCholamandalam Health Insurance 
Number of health insurance plans10+10+
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 customer supportPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 call assistance
Branches650136
Claim settlement ratio (CSR)93.68%50.01%
Cashless claim settlement timeWithin 2 hoursTimeline not specified
Hospital network7,000+131

*Source: IRDAI Annual Report 2018-19 

Health Insurance Policies: Aditya Birla Health Insurance versus Cholamandalam Health Insurance

Aditya Birla Health Insurance was founded in 2015 and is part of the multibillion-dollar Aditya Birla Group. It has since established a trusted brand value for itself in the insurance sector. It offers over 10 health insurance policies that provide extensive coverage for different health needs. 

Cholamandalam Health Insurance is a multinational insurance company and is part of the century-old Murugappa Group of Tamil Nadu. It has been recognized as one of the best brands of 2020 by the Economic Times and has received several accolades for its performance. It also offers over 10 health insurance policies. 

Here is a comparison of three of the most popular health insurance policies of Aditya Birla Health Insurance and Cholamandalam Health Insurance policies. 

Family Floater Policy: 

Aditya Birla has 3 Family Floater Policies: 

  • Activ Health Platinum – Essential 
  • Activ Health Platinum – Enhanced 
  • Activ Assure Diamond 

These policies offer: 

  • A sum insured (SI) amount up to Rs.2,00,00,000 (2 crore)
  • Cover for in-patient hospital care 
  • Cover for pre and post-hospital care 
  • Cover for domiciliary hospitalization, over 500 day-care procedures, and organ donor transplant expenses 
  • Cover for chronic diseases like diabetes, hypertension, high cholesterol, etc. from day 1 without any waiting period 
  • Access to wellness coaching, chronic management programs and annual health check-up
  • A recovery benefit, a daily hospital cash benefit, and ambulance cover 
  • Domestic and international emergency care services
  • Cover for alternate (AYUSH)# treatment and vaccination expenses of children below the age of 18 years

# – AYUSH (Ayurveda, Yoga, Unani, Siddha, Homeopathy)

Cholamandalam Health Insurance has 2 Family Floater Policies called Chola Healthline and Super Top-up. Chola Healthline has 4 sub-policies: 

  • Value Healthline
  • Freedom Healthline
  • Enrich Healthline
  • Privilege Healthline. 

Super Top-up has 2 sub-policies – Premier and Supreme. 

These policies offer: 

  • A sum insured (SI) amount up to Rs.25,00,000
  • Cover for in-patient hospital care 
  • Cover for pre and post-hospital care
  • Cover for domiciliary hospitalization, AYUSH treatment, organ donor expenses
  • Cover for maternity and newborn baby expenses (only in the Privilege Healthline Plan) 
  • Cover for day-care procedures, OPD expenses, and specialist opinion for critical illnesses
  • Cover for a health checkup and ambulance expenses 

Critical Illness Policy:

Aditya Birla has a Critical Illness Policy called ‘Activ Secure’ that offers:

  • 3 sub-plans – Plan 1 that covers 20 critical illnesses  
  • Plan 2 that covers 50 critical illnesses 
  • Plan 3 covers 64 critical illnesses  
  • A sum insured (SI) amount up to Rs.1,00,00,000 (1 crore)
  • Cover for ailments like cancer, kidney failure heart attack, brain tumor etc.
  • 50%, 100% or 150% lump-sum payment of SI upon diagnosis 
  • Optional wellness coach services and medical second opinion
  • A 15-day survival period 

Cholamandalam Health Insurance has a Critical Healthline Policy that offers: 

  • 2 sub-policies – Standard and Advanced 
  • A sum insured (SI) amount up to Rs.10,00,000
  • Cover for up to 12 critical illnesses like cancer, stroke, multiple sclerosis, permanent paralysis, etc. 
  • A lump-sum payment of SI upon diagnosis 
  • Claim settlement without proof of expenses/hospitalization bills
  • A waiver of pre-policy medical check-up for those up to the age of 55 

Arogya Sanjeevani Policy: 

An Arogya Sanjeevani Policy is a standard plain vanilla no-frills health insurance policy offered by all insurance companies across India. These policies share similar features. Both Aditya Birla Health Insurance and Cholamandalam Health Insurance offer Arogya Sanjeevani Policy as under: 

  • A SI amount up to Rs.5,00,000
  • Cover for pre, post and in-hospital care
  • Cover for AYUSH treatment and 10+ day-care procedures 
  • 25% of SI for cataract treatment 
  • Cover for dental treatment owing to illness/injury
  • Road ambulance cover (up to Rs.2,000 per hospitalization) 

With the help of this comparative guide, you will be able to pick an insurance provider offering you the best terms. 

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