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Reliance Insurance vs Aditya Birla Health Insurance
Choosing the perfect health insurance policy is extremely important, and that is why any prospective insurance buyer needs to analyze a whole host of important features and parameters that a health insurance policy needs to have.
In today’s article let us discuss about some of the most important features, benefits, and differences between Reliance Insurance and Aditya Birla Health Insurance and assess which health insurance policy could be a good choice for your needs. The analysis will be done on a whole host of important parameters such as:
- Claim Settlement Ratio of Reliance vs. Aditya Birla Insurance
- Features of both Reliance Insurance and Aditya Birla Health
- Most Popular Plans
Claim Settlement Ratio of Reliance vs. Aditya Birla Insurance
First, let us have at the claim settlement ratios of both insurance companies over the years.
Year | Reliance General Insurance | Aditya Birla Insurance |
2019-20 | 89.36% | 70.81% |
2021-22 | 98.65% | 93.7% |
2022-23 | 100% | 94% |
As you can see, both insurance companies are steadily increasing their claim settlement ratios over the years and that is a good sign as a claim settlement ratio of an insurance company should be one of the most fundamental yardsticks a potential insurance buyer should analyze before buying insurance.
What makes a claim settlement ratio important? Well, you can read about what is a claim settlement ratio to understand its importance in insurance.
Features of both Reliance Insurance and Aditya Birla Health
Let us now have a look at some of the most important features and benefits of both Aditya Birla Health and Reliance Insurance respectively.
| Aditya Birla Health | Reliance General |
Network Hospitals | 10000+ | 8500+ |
Cashless Facility | Yes | Yes |
Maximum Sum Insured | ₹2 Crore | ₹5 Crore |
Waiting Period for Pre-Existing Issues | 3 years | 1-4 years |
Renewal Discount | Yes | Yes |
OPD Coverage | Yes | Need to buy Rider |
No Claim Bonus | Yes | Yes |
24×7 Claim Support | Yes | Yes |
Day Care Treatment | Yes | Yes |
Free Health Check Up | Yes | Yes |
Maternity Cover | Up to 60 Thousand | Up to 3 Lacs |
Most Popular Plans
Now, let us glace through some of the most popular plans of both health insurance companies.
Aditya Birla Health Insurance | Reliance General Insurance |
Aditya Birla Activ Health Platinum | Reliance Health Gain Insurance Plan |
Aditya Birla Activ Assure Diamond | Reliance Health Infinity Plan |
Arogya Sanjeevani Policy | Reliance Critical Illness Plan |
Aditya Birla Activ Care | Reliance Arogya Sanjeevani Policy |
Aditya Birla Cancer Secure Plan | Reliance Corona Kavach Policy |
Aditya Birla Personal Accident Plan | Reliance Personal Accident Insurance Plan |
Aditya Birla Activ Secure Critical Illness Plan | Reliance Corona Rakshak Policy |
| Health Gain Power Plan |
| Health Gain Prime Plan |
| Health Gain Plus Plan |
Always be sure to confirm the features, benefits and fine-print of any insurance policy before buying it. Be sure to rigorously conduct research and analyse the benefits and drawbacks of any insurance policy before buying it.
Author Bio
This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.