Magma Health
vs
Narayana

  • 100+ top health insurance plans
  • Premium starting @Rs. 19/day*
  • No medical check-ups required
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Magma Health vs Narayana Health Insurance

Magma Health

A well known health insurance company, with more than 4.4 million customer base. It offers comprehensive health insurance to the policyholders at a very low price.

Narayana Health Insurance

Narayana Health Insurance Ltd. is a new venture by Bengaluru-based hospital chain Narayana Health. It is a wholly owned subsidiary of Narayana Hrudayalaya and was approved to operate as a stand-alone health insurer focusing initially on the Karnataka market.

COMPANY DETAILS Edit

Magma Health

Edit

Narayana Health Insurance

Rating
Number of health insurance plans and add-ons
Sum insured

Sum Insured

Up to 3 CR

Sum Insured

Up to 1 Crore
Network hospitals

Network Hospital

8400+

Network Hospital

21+
Claim ratio

Claim Ratio

94.72%

Claim Ratio

NA%
Solvency Ratio

Solvency Ratio

2.1

Solvency Ratio

NA
Pan India Presence

Pan India Presence

95

Pan India Presence

NA
Claim Form

Claim Form

-

Claim Form

-
Waiting Period

Waiting Period

30 days

Waiting Period

30 Days
Individual and Family Health Insurance

Individual and Family Health Insurance

Magma HDI One Health Insurance Plan

Individual and Family Health Insurance

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Magma Health Insurance

A well known health insurance company, with more than 4.4 million customer base. It offers comprehensive health insurance to the policyholders at a very low price.

Individual and Family Health Insurance Plans

Individual and Family Health Insurance

Magma HDI One Health insurance policy is a versatile health plan with 5 different plan variants and high-sum insured options ranging between 2 Lakhs t...

Unique Features

  • SI Up To 2 Crore
  • Voluntary Co-pay
  • CI & PA Coverage

Magma HDI One Health Insurance Plan (Pros)

Magma HDI One Health Insurance Plan
  • SI upto 2 Crore
  • Voluntary co-pay
  • CI & PA coverage

Magma HDI One Health Insurance Plan (Cons)

Magma HDI One Health Insurance Plan
  • Global coverage not covered
  • No automatic restoration
  • AYUSH cover not available

Magma HDI One Health Insurance Plan (Other Benefits)

Magma HDI One Health Insurance Plan
  • Lifelong renewality option
  • Give coverage for all medical care
  • Voluntary Co-Pay

Magma HDI One Health Insurance Plan (Eligibility Criteria)

Magma HDI One Health Insurance Plan
  • Minimum: 18 Years Children: 91 Days to 26 Years

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.