COCOCure Health vs SBI General Health Insurance

We seldom realize how precious life is until we come face to face with an unforeseen health crisis. As accidents, injuries, and ailments can strike unannounced, it is important to remain prepared in the face of it. Such preparation comes from having a health insurance policy that keeps you financially covered and protected at all times. Buying a comprehensive health insurance policy takes research and comparison of the many policies available in the market. But a wise starting point would be to compare the policies and benefits offered by trusting insurance providers like COCOCure Health Insurance and SBI Health Insurance.  

COCOCure Health Insurance versus SBI Health Insurance – Overview 

ParameterCOCOCure Health InsuranceSBI Health Insurance
Number of health insurance plans711
E-servicesPolicy sale, Policy renewal, Claim settlement, Online consultation, Branch locator, 24×7 customer helpPolicy sale, Policy renewal, Claim settlement, Online consultation, Branch locator,  24×7 customer support 
Branches17125
Claim settlement ratio84.31%59.42%
Claim settlement timeWithin 30 days of submission of relevant documents by the policyholderWithin 30 days of receipt of documents by the policyholder
Network Hospitals 5,000+6,000+

*Source: IRDAI Annual Report 2018-19

Health Insurance Policies: COCOCure Health Insurance versus SBI Health Insurance

COCOCure Health Insurance, also known as Navi General Insurance Ltd., offers 7 health insurance policies for individuals, families, senior citizens and corporate groups. Their policies cover critical ailments, accidents, COVID-19, vector-borne diseases, and other health ailments. 

SBI Health Insurance offers 11 health insurance policies for individuals and families and provides coverage against critical ailments, accidents, COVID-19, and other health issues. 

Here is a 3-plan comparison of COCOCure Health Insurance versus SBI Health Insurance to guide you towards selecting an insurance provider and policy that matches your needs.  

Personal Accident Policy: 

COCOCure Health Insurance’s Personal Accident Policy offers: 

  • 100% of the sum insured (SI) on accidental death 
  • Double the payment of the SI (200%) on accidental death caused due to public transport travel 
  • 150% of the SI on permanent total disability 
  • Up to 75% of the SI on permanent partial disability
  • A weekly benefit of 1% of SI or Rs.25,000 (whichever is less) up to 100 weeks in case of temporary total disability 
  • Up to 100% of the SI in case of fractures and burns
  • Up to 50% of the SI in case of dislocation
  • Reimbursement of expenses incurred for physiotherapy and mental health counseling sessions 
  • A child tuition benefit and an orphan benefit 

SBI Health Insurance Personal Accident Policy offers:

  • A sum insured (SI) amount up to Rs.1,00,00,000 (1 crore)
  • 100% of SI for accidental death and permanent total disability
  • Up to 100% of SI for permanent partial disability
  • A weekly benefit of Rs.10,000 for up to 104 weeks in case of temporary total disability
  • An education benefit up to Rs.50,000 for 2 individuals (child and/ or spouse)
  • An adaptation allowance up to Rs.25,000 for modification of house/ vehicle
  • Option to avail daily hospital cash allowance and emergency air ambulance services 

Arogya Sanjeevani Policy: 

Arogya Sanjeevani policies are standard health insurance policies offered by all insurance companies across India. These policies are part of the Arogya Sanjeevani Program made mandatory by the IRDAI and aim to provide affordable healthcare to all sections of society. They are plain vanilla policies with no frills and hence they normally share similar features. 

COCOCure Health Insurance and SBI Health Insurance  Arogya Sanjeevani Policy offer: 

  • A sum insured (SI) amount up to Rs.5,00,000
  • Coverage for in-patient hospitalization charges
  • Coverage for pre and post hospitalization charges 
  • Coverage for daycare procedures and modern technology treatment  
  • Coverage for cataract treatment and alternate (AYUSH)# treatment 

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

Corona Kavach Policy: 

The Corona Kavach Policy is a standard insurance policy specifically tailored to provide COVID-19 coverage. It was passed this year by the IRDAI to make basic and affordable healthcare available to those diagnosed with COVID-19. 

Both, COCOCure Health Insurance and SBI Health Insurance offer Corona Kavach Policy with almost similar features and offer: 

  • A sum insured (SI) amount up to Rs.5,00,000
  • Coverage for in-patient hospitalization charges 
  • Coverage for pre and post-hospitalization charges
  • Coverage for AYUSH treatment and home care treatment 
  • Waiver of pre-policy medical test to avail policy

With this comparison guide, you will be able to make an informed purchase decision between the two policies so as to best customize to your unique needs. 

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