Tata AIG Health Insurance vs SBI General Health Insurance

Not having a health insurance policy is a huge financial risk. Without health insurance, medical treatments can drain your resources. An all-round health plan provides financial cover in the event of unexpected medical emergencies. Locating an insurance policy that gives you the benefit of extensive coverage and value-for-money needs a smart comparative analysis of the plans offered by leading health insurance providers. Here’s a comparison of Tata AIG Health Insurance and SBI Health Insurance policies to help you make an informed choice. 

Tata AIG Health Insurance versus SBI Health Insurance – Overview 

Parameter	Tata AIG Health Insurance	SBI Health Insurance
Number of health insurance plans	11	11
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 support
Branches	90+	20,000+
Claim settlement ratio	78.93%	59%
Incurred claim ratio	78%	52%
Hospital network	5, 200+	6,000+

Source: IRDAI Annual Report, 2018-19

Health Insurance Policies: Tata AIG Health Insurance versus SBI Health Insurance

Tata AIG Health Insurance offers 11 health insurance policies for individual, family, senior citizen, and corporate groups. They cover critical illnesses, accidents, maternity needs, and COVID-19, among other health issues. 

SBI Health Insurance provides 11 health insurance plans catering to individuals, families, and corporate groups. They provide coverage against critical illnesses, accidents, and COVID-19, among other health problems.

Here is a comparison of Tata AIG Health Insurance and SBI Health Insurance three most popular health plans.

Family Floater Policy: 

Tata AIG offers four family-centric health policies – MediPlus, MediCarePlus, MediRaksha andWellInsurance Family Health Insurance. They offer: 

• Reimbursement for pre, post and in-hospitalization 
• Indemnification for domiciliary treatment, organ donor transplant, and 140+ day-care procedures
• Coverage for dental treatment owing to an accident/illness
• Ambulance expense payments 
• Education benefits (lump-sum payout of SI) and convalescence benefits

• Daily cash benefits for up to 90 days of hospitalization
• Lump-sum payout upon diagnosis of critical illnesses covered under the plan
• In-hospital cash benefits 
• Waiver of the pre-policy medical test for individuals up to 55 years of age

SBI Health Insurance offers 5 family health plans – Arogya Premier, Arogya Plus, Arogya Top up, Retail Health Insurance and Group Health Insurance. The features include: 

• SI amounts of up to Rs.30 lakhs 
• Reimbursement for pre, post and in-patient hospitalization 
• Inclusion of more than 140 day-care procedures, drugs, medicines and consumables 
• Coverage for outpatient treatment, domiciliary hospitalization and alternate (AYUSH) treatment 
• Waiver of pre-policy medical check for individuals up to the age of 55-65 years (subject to having no adverse medical history)

Arogya Sanjeevani Policy: 

Tata AIG Arogya Sanjeevani Policy offers:

• SI amounts up to Rs.5 lakhs
• Indemnification of pre, post and in-patient hospitalization
• 25% SI for cataract treatment and 50% SI for day care treatment
• Reimbursement for alternate (AYUSH) treatments
• Coverage for dental treatment/ plastic surgery owing to a disease/ injury
• Road ambulance expense covers (up to Rs.2000 per hospitalization) 

SBI Health Insurance Arogya Sanjeevani Policy offers:

• SI amounts up to Rs.5 lakhs
• Reimbursement for pre, post and in-patient hospitalization
• Inclusion of 140+ day-care procedures, domiciliary hospitalization, and alternate(AYUSH) treatment
• Waiver of pre-policy medical test for individuals up to the age of 55 years (provided they have no adverse medical history)

Critical Illness Policy:

Tata AIG Critical Illness Policy offers:

• Coverage for 11 critical illnesses like cancer, kidney failure, permanent paralysis, etc. 
• Lump-sum payout upon the diagnosis ailments covered under the plan 
• Option to seek a second medical opinion

SBI Health Insurance Critical Illness Policy offers:

• SI amounts up to Rs.50 lakhs
• Coverage for 13 critical illnesses like cancer, paralysis, stroke, etc.
• Waiver of pre-policy medical test up to 45 years of age 

This Tata AIG Health Insurance and SBI Health Insurance comparative study reveal the best features of the respective health plans. For more guidance in buying the health plan you need, you can reach out to a professional insurance expert just before you’re about to buy health insurance.