Cigna TTK Health Insurance vs IFFCO Tokio Health Insurance

Are you looking for a health insurance policy that gives you all-round protection and also fits your budget? You need to look no further than this comparison guide of Cigna TTK Health Insurance and IFFCO Tokio Health Insurance to find the right health insurance policy for you. 

Cigna TTK Health Insurance versus IFFCO Tokio Health Insurance – Overview 

Parameter Cigna TTK Health InsuranceIFFCO Tokio Health Insurance
Number of health insurance plans1113
E-servicesPolicy sale, Policy renewal, Claim settlement, Branch locator, Online consultation, 24×7 customer support Policy sale, Policy renewal, Claim settlement, Branch locator, Online consultation, 24×7 customer support
Branches4720,000+
Claim settlement ratio89.50%98.47%
Cashless claim settlement time Within 2 hoursWithin 24 hours
Hospital network6,500+ 5,000+

Source: IRDAI Annual Report 2018-19

Health Insurance Policies: Cigna TTK Health Insurance versus IFFCO Tokio Health Insurance

Cigna TTK Health Insurance is now known as Manipal Cigna Health Insurance. They have 11 insurance policies that cover the needs of individuals, families, senior citizens, and corporate groups. They cover critical ailments, accidents, and COVID-19, among other health problems in their policies. They also provide coverage for maternity and newborn baby needs.   

IFFCO Tokio Health Insurance offers 13 health insurance policies that cover the needs of individuals, families, and senior citizens. Their policies also cover critical ailments, accidents, vector-borne diseases, COVID-19, among other health issues. 

This 3-plan comparison of Manipal Cigna Health Insurance and IFFCO Tokio Health Insurance will help you make an informed decision. 

Critical Illness Policy: 

Cigna TTK’s Critical Illness Policy offers: 

  • 2 sub-policies – Critical Care Basic and Critical Care Enhanced 
  • A sum insured (SI) amount up to Rs.25,00,00,000
  • Cover for 15 critical ailments like cancer, kidney failure, first heart attack, etc. in the Basic Plan
  • Cover for 30 critical ailments like cancer, stroke, coma, permanent paralysis, etc. in the Enhanced Plan 
  • Lump-sum payment of SI upon diagnosis of critical ailment anywhere across the globe
  • 10% increase in SI for opting for staggered payment 
  • Cover for second medical opinion and access to online wellness programs

IFFCO Tokio Critical Illness Policy offers:

  • A sum insured (SI) amount up to Rs.1,00,00,000 (1 crore)
  • Cover against 25 critical ailments and surgical procedures like cancer, multiple sclerosis, lung failure, etc.
  • The option to buy the Policy as an add-on cover or in a standalone manner 
  • Waiver of pre-policy medical test for individuals up to the age of 50
  • A daily cash allowance (up to Rs.1000 per day)

Personal Accident Policy: 

Cigna TTK Personal Accident Policy offers:  

  • 3 sub-policies – Accident Care Basic, Comprehensive and Enhanced 
  • A sum insured (SI) amount up to Rs.10,00,00,000 (10 crore)
  • 100% lump sum payment of SI in case of accidental death and permanent total disability
  • Up to 100% payment of SI in case of permanent partial disability
  • A weekly benefit of up to Rs.25,000 per week for 100 weeks in case of temporary total disability  
  • 10% of SI towards a child education benefit 
  • 3 months of financial support equivalent to the policyholder’s monthly income in case of job loss 
  • Coverage for ambulance costs (up to Rs.10,000 per hospitalization)

IFFCO Tokio Personal Accident Policy offers:  

  • 100% lump sum payment of sum insured (SI) in case of accidental death and permanent total disability
  • Payout in case of permanent partial disability (Percentage of SI as assessed by the medical practitioner)
  • A weekly benefit of up to Rs.25,000 per week in case of temporary total disability  
  • 10% of SI towards one child’s (up to the age of 23 years) education fund (up to Rs.5,000)
  • 10% of SI towards more than one child’s education fund (up to Rs.10,000)
  • Up to Rs.15,000 in case of job loss
  • Cover for ambulance expenses and funeral expenses 

COVID-19 Insurance Policy:

Both, Cigna TTK Health Insurance and IFFCO Tokio Health Insurance offer COVID-19 insurance for a standard term of 3.5, 6.5 and 9.5 months. Their Corona Kavach Policy offers similar benefits like:  

  • A sum insured (SI) amount up to Rs.5,00,000 (5 lakhs)
  • Coverage for in-patient hospitalization expenses
  • Coverage/ reimbursement of pre and post hospitalization expenses
  • Coverage for AYUSH# treatment and home care treatment 

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

After going through the comparative features of Cigna TTK Health Insurance versus IFFCO Tokio Health Insurance, you will be able to pick a policy matching your needs to the best possible extent. 

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