COCOCure Health Insurance vs Edelweiss Health Insurance
Affordable, comprehensive and customizable – a good health insurance plan should tick all these boxes. But how do you find one that fits all your requirements? A little research on the internet provides a comparison of health insurance providers and plans on a plethora of parameters. You just have to compare the offerings and find the plan that matches your needs in the best possible way. Here is a COCOCure Health Insurance versus Edelweiss Health Insurance comparison to simplify your selection process.
COCOCure Health Insurance and Edelweiss Health Insurance – Overview
Parameter | COCOCure Health Insurance | Edelweiss Health Insurance |
Number of health insurance plans | 7 | 6 |
E-services | Policy salePolicy renewalClaim settlementBranch locatorOnline consultation24x7 customer support | Policy salePolicy renewal Claim settlement Branch locatorOnline consultation24x7 customer help |
Branches | 17 | 10 |
Incurred Claim ratio | 78.9% | 115% |
Claim settlement time | Cashless claim settlement within 24-48 hours | Cashless claim settlement within 72 hours |
Source: Insurance Regulatory and Development Authority of India (IRDAI)’ Annual Report (2018-2019)
Health Insurance Plans: COCOCure Health Insurance vs. Edelweiss Health Insurance
COCO Cure Health Insurance offers health insurance policies for individual, family, senior citizen, and group (employer-employee) needs. The plans provide extensive cover for critical illnesses, accidents, COVID-19, and seasonal diseases like dengue, malaria, swine flu, etc.
Edelweiss Health Insurance offers health plans for individual, family and senior citizen needs and cover critical illnesses, childbirth, COVID-19, and more.
A detailed comparison of the different plans from COCOCure Health Insurance and Edelweiss Health Insurance follows.
Arogya Sanjeevani Health Insurance Plans:
The Insurance Regulatory and Development Authority of India (IRDAI) passed a mandate directing all insurance providers to offer Arogya Sanjeevani Insurance Policy. This policy offers cost-effective and standard health coverage, making health insurance accessible to every section of the Indian society.
COCOCure’s Arogya Sanjeevani Policy offers:
- A sum insured amount between Rs. 1 lakh and Rs. 5 lakhs
- Coverage for pre, post, and in-patient hospitalization charges
- Reimbursement for daycare, cataract surgery, modern treatments and AYUSH therapies
- Waiver of pre-policy medical test for individuals up to 50 years of age
- Policy on individual and family floater basis
Edelweiss’s Arogya Sanjeevani Policy offers:
- A sum insured amount between Rs. 1 lakh and Rs. 5 lakhs
- Coverage for pre, post and in-patient hospitalization charges
- Indemnity for daycare procedures, AYUSH treatment and pre-existing diseases (after a waiting period of 48 months)
- 25% of the sum insured paid out for cataract treatment
- Waiver of upper age-limit for policy issuance
Individual and Family Health Insurance Plans:
COCOCure Health Insurance provides all its plans on an individual and family floater basis. It also offers COCOCure – a health plan providing extensive coverage to the entire family. The benefits include:
- A sum insured amount between Rs.2 lakhs and Rs. 1 crore
- An extra sum insured of Rs. 20,000 for vector-borne diseases
- Coverage for pre and post-hospitalization costs
- Inclusion of modern treatments, AYUSH therapies, and counseling services
- Waiver of waiting period for accidents and three critical illnesses
- Lifestyle coverage for infertility and bariatric surgery
Edelweiss Health Insurance also provides health plans on individual and family floater basis. Moreover, it provides three separate individual and family-centric health insurance plans – Silver, Gold and Platinum. The features are as follows:
- Sum insured amounts ranging between Rs.5 lakhs – Rs.1 crore
- Coverage for pre, post and in-hospitalization costs
- Inclusion of daycare procedures, AYUSH treatment, and domiciliary hospitalization
- Reimbursement for critical illnesses and maternity expenses
- Organ donor transplant and ambulance covers
- Issuance of policy to anyone above the age of 3 months
COVID-19 Health Insurance Plans:
Both COCOCure Health Insurance and Edelweiss Health Insurance offer Corona Kavach and Corona Rakshak policies for tenures of 3.5, 6.5, and 9.5 months.
COCOCure’s COVID-19 plans offer:
- Indemnity cover along with lump-sum payment facility upon positive diagnosis
- A sum assured between Rs.50,000 – Rs. 5,00,000
Edelweiss’s COVID-19 plans offer:
- A 100% lump-sum payout
- Coverage for home treatment and AYUSH therapies
Both the companies waive off pre-policy medical tests for their COVID-19 plans. This COCOCure Health Insurance vs Edelweiss Health Insurance comparative study can help you select the right health insurance plan for your healthcare needs. Reach out to a professional insurance expert for further guidance before buying a health insurance plan.