IFFCO Tokio Health Insurance vs Care (Religare) Health Insurance

Not purchasing health insurance is not only fraught with risks but can also prove to be costlier in the long run. It is wise to have a health insurance plan to get the benefit of financial security against mounting costs of healthcare. The indicator of a health insurance policy is its scope of coverage and the value-for-money quotient. Read this IFFCO Tokio Health Insurance and Care Health Insurance comparison guide to understand what to look for in a health insurance policy. 

IFFCO Tokio Health Insurance versus Care Health Insurance – Overview 

Parameter	IFFCO Tokio Health Insurance	Care Health Insurance
Number of health insurance plans	13	13
E-services	Policy 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 care
Branches	20,000+	146+
Claim settlement ratio	98.47%	93%
Claim settlement time	Cashless claims settlement within 24 hours	Cashless claim approval within 2 hours
Hospital network	5,000+	7,800+

*Source: IRDAI Annual Report 2018-19 

Health Insurance Policies: IFFCO Tokio Health Insurance versus Care Health Insurance

IFFCO Tokio has 13 health insurance plans against accidents, vector-borne diseases, critical illnesses, and COVID-19, among other health conditions. You can avail their policies on an individual or family floater basis. 

Care Health Insurance has 13 health insurance policies for critical illnesses, accidents, maternity, and COVID-19, among several other medical afflictions. Their policies cover individual, family-floater and senior-citizen needs. 

This 3-plan comparison of IFFCO Tokio Health Insurance and Care Health Insurance will help with your purchasing decision. 

Arogya Sanjeevani Policy: 

In line with the IRDAIs directive, every health insurance company across India provides an Arogya Sanjeevani Policy. It provides standard health insurance coverage at affordable rates of premium. 

IFFCO Tokio Arogya Sanjeevani Policy offers: 

• Sum insured (SI) amount up to Rs.5 lakhs
• Coverage for pre, post and in-patient hospitalization 
• Inclusion of AYUSH treatment 
• 25% of SI for cataract treatment 
• Reimbursement for dental treatment caused by a disease/ injury
• Coverage for road ambulance services (up to Rs.2 thousand per hospitalization)

Care Health Insurance Arogya Sanjeevani Policy offers: 

• SI amount up to Rs.5 lakhs
• Reimbursement for pre, post, and in-hospitalization charges 
• Payout of 25% SI for cataract treatment 
• Inclusion of for AYUSH treatment 
• Coverage for road ambulance services (up to Rs.2,000 per hospitalization)
• Waiver of upper-age limit for enrolment 

Critical Illness Policy: 

IFFCO Tokio Critical Illness Policy offers: 

• SI amounts up to Rs.1 crore
• Coverage against 25 critical illnesses including cancer, kidney failure, permanent paralysis, etc.
• Waiver of pre-policy medical test for individuals aged up to 50 years 
• Daily hospital cash allowance up to Rs.1 thousand per day

Care Health Insurance Critical Illness Policy offers:

• SI amounts up to Rs.2 crore
• Coverage against 32 critical illnesses including cancer, kidney failure, lung disease, etc. 
• Reimbursement for pre, post, and in-hospitalization 
• Inclusion of day care and alternate (AYUSH) treatments 
• Coverage for organ donor transplant, OPD expenses, chemotherapy, radiotherapy, and dialysis
• Air and road ambulance services and recovery counselling services 

Corona Kavach Policy: 

Since COVID-19 was declared a pandemic, the IRDAI has directed all insurance companies to provide COVID-19 coverage. These policies, called Corona Kavach and Corona Rakshak, are offered for a standard term of 3.5, 6.5, and 9.5 months. Both IFFCO Tokio Health Insurance and Care Health Insurance provide these health covers. 

IFFCO Tokio Corona Kavach Policy offers:

• SI amounts between Rs.50,000 and Rs.5 lakhs
• Reimbursement for pre, post and in-patient hospitalization 
• Inclusion of AYUSH treatment 
• Coverage for telephonic consultation charges
• Payouts for consumables (like PPE kits)

Care Health Insurance’s Corona Kavach Policy offers: 

• SI amounts between Rs.50 thousand – Rs.5 lakhs 
• Payouts for pre, post and in-patient hospitalization 
• Inclusion of home care treatment and AYUSH treatment 
• Payment of 0.5% SI as hospital daily cash allowance 
• Waiver of pre-policy medical test
• Waiver of upper-age limit for enrolment 

After you get clarity about the different health plans offered by IFFCO Tokio Health Insurance versus Care Health Insurance, you can choose the one offering the best terms. For further guidance, you can contact a professional insurance expert to purchase health insurance.