Reliance Health
vs
Magma Health

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Reliance Health vs Magma Health

Reliance Health

The Reliance Health Insurance Company offers a wide range of customized health insurance policies that serves the best healthcare services inclusive of in-patient and out-patient hospitalizations, daycare procedures, modern treatment cover, maternity benefits, and so on.

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.

COMPANY DETAILS Edit

Reliance Health

Edit

Magma Health

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

Sum Insured

Up to 5 Cr

Sum Insured

Up to 3 CR
Network hospitals

Network Hospital

9100+

Network Hospital

8400+
Claim ratio

Claim Ratio

87.50%

Claim Ratio

94.72%
Solvency Ratio

Solvency Ratio

1.5

Solvency Ratio

2.1
Pan India Presence

Pan India Presence

127

Pan India Presence

95
Claim Form

Claim Form

-

Claim Form

-
Waiting Period

Waiting Period

-

Waiting Period

30 days
Individual

Individual

Reliance Health Personal Accident
Reliance Specially Abled Health Insurance Plan
Reliance Hospi-Care Policy

Individual

Individual and Family Health Insurance

Individual and Family Health Insurance

Reliance HealthWise Policy
Health Gain Policy
Health Infinity Plan
Reliance Arogya Sanjeevani Plan
Corona Kavach Plan

Individual and Family Health Insurance

Magma HDI One Health Insurance Plan
Top Up and Super Top Up

Top Up and Super Top Up

Reliance Super Top-Up Insurance Plan

Top Up and Super Top Up

Critical Illness Health Insurance

Critical Illness Health Insurance

Reliance Critical Illness Insurance

Critical Illness Health Insurance

Group Health Insurance

Group Health Insurance

Reliance Group Mediclaim Policy

Group Health Insurance

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Reliance Health Insurance

The Reliance Health Insurance Company offers a wide range of customized health insurance policies that serves the best healthcare services inclusive of in-patient and out-patient hospitalizations, daycare procedures, modern treatment cover, maternity benefits, and so on.

Individual Plans

Individual

Reliance Health Personal Accident Policy covers individuals against accidental death and disability along with multiple other benefits like child edu...

Unique Features

  • Death Cover
  • Upto 20L SI
  • Disability Cover

Reliance Health Personal Accident (Pros)

Reliance Health Personal Accident
  • Children education fund
  • Accident hospitalization reimbursement
  • Increase in CSI

Reliance Health Personal Accident (Cons)

Reliance Health Personal Accident
  • HIV/AIDS
  • Breach of law
  • Maternity and newborn baby cover
  • Daycare procedures

Reliance Health Personal Accident (Other Benefits)

Reliance Health Personal Accident
  • Accidental death cover
  • PTD/PPD/TTD covers
  • Cumulative bonus

Reliance Health Personal Accident (Eligibility Criteria)

Reliance Health Personal Accident
  • Entry Age: Minimum: 18 Years
  • Dependent Children: 5 to 25 Years
  • Sum Insured: 5 - 20 Lakhs
  • Waiting period: Accidental death covered from day 1

Individual

A cover for those who are one in a million. The Reliance Specially Abled health insurance plan caters to specially-abled individuals who need medical ...

Unique Features

  • Insurance for PWDs
  • In-patient/daycare procedures cover
  • Modern treatment cover

Reliance Specially Abled Health Insurance Plan (Pros)

Reliance Specially Abled Health Insurance Plan
  • In-patient treatment
  • Pre and post-hospitalisation
  • Cataract covered
  • Daycare procedure

Reliance Specially Abled Health Insurance Plan (Cons)

Reliance Specially Abled Health Insurance Plan
  • Investigation and evaluation
  • Change of gender treatments
  • Sterility/infertility treatment
  • Cosmetic/beauty/plastic surgery

Reliance Specially Abled Health Insurance Plan (Other Benefits)

Reliance Specially Abled Health Insurance Plan
  • Modern treatment
  • AYUSH treatment
  • Ambulance charges

Reliance Specially Abled Health Insurance Plan (Eligibility Criteria)

Reliance Specially Abled Health Insurance Plan
  • Min entry age: 18 Years
  • Max entry age: 65 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 5 L

Individual

It's not an emergency if you are always prepared! Reliance Hospi-Care health insurance policy helps you prepare for unforeseen accidents and the uncer...

Unique Features

  • 150+ surgeries cover
  • 140+ daycare cover
  • Lumpsum cash benefits

Reliance Hospi-Care Policy (Pros)

Reliance Hospi-Care Policy
  • 150+ listed surgeries
  • 140+ daycare procedures
  • Daily hospital cash

Reliance Hospi-Care Policy (Cons)

Reliance Hospi-Care Policy
  • Treatment outside of India
  • Self-inflicted injury
  • Breach of law

Reliance Hospi-Care Policy (Other Benefits)

Reliance Hospi-Care Policy
  • Hospitalisation due to Dengue/Malaria
  • Surgical payout
  • Affordable premiums

Reliance Hospi-Care Policy (Eligibility Criteria)

Reliance Hospi-Care Policy
  • Entry age: 18 to 65 years
  • SI: 1 to 10 Lakhs
  • Initial waiting period: 90 days

Individual and Family Health Insurance Plans

Individual and Family Health Insurance

Reliance HealthWise Insurance Policy is a comprehensive health insurance plan offering all-around medical care features and benefits. The plan comes i...

Unique Features

  • Customize Your Plan
  • Critical Illness Cover
  • Recovery Benefit

Reliance HealthWise Policy (Pros)

Reliance HealthWise Policy
  • Daily Hospitalization Allowance
  • Domiciliary Hospitalization
  • Critical Illness Cover

Reliance HealthWise Policy (Cons)

Reliance HealthWise Policy
  • Global coverage
  • OPD not available
  • AYUSH treatment not covered

Reliance HealthWise Policy (Other Benefits)

Reliance HealthWise Policy
  • In-patient hospitalization
  • Daycare procedures
  • Modern treatment cover
  • Ambulance charges

Reliance HealthWise Policy (Eligibility Criteria)

Reliance HealthWise Policy
  • Entry age: 18 - 65 Years
  • SI: 1 L - 5 L
  • Initial waiting period: 30 Days

Individual and Family Health Insurance

Health Gain Insurance Plan is a newly launched health plan by Reliance Health Insurance company. The plan allows the customers to customise their poli...

Unique Features

  • Individual and Floater Options
  • Lifetime Renewability
  • Hassle-free Claim Process

Health Gain Policy (Pros)

Health Gain Policy
  • Consumable Cover
  • Unlimited Base SI Reinstatement
  • Room Rent Modification

Health Gain Policy (Cons)

Health Gain Policy
  • Global coverage unavailable
  • Breach of law
  • Intentional injury
  • OPD not covered

Health Gain Policy (Other Benefits)

Health Gain Policy
  • Domiciliary hospitalization
  • Daycare procedures covered
  • Air ambulance services

Health Gain Policy (Eligibility Criteria)

Health Gain Policy
  • Entry Age: 91 days to 65 Years
  • SI: 5 L to 1 Cr
  • Initial waiting period: 30 Days
  • Policy term: 1/2/3 Years

Individual and Family Health Insurance

Reliance Health Infinity is a comprehensive health insurance plan that comes with a number of benefits and discounts. The policy offers wide coverage ...

Unique Features

  • Pre-policy Medical Check-up
  • AYUSH Coverage
  • No Sub-limits

Health Infinity Plan (Pros)

Health Infinity Plan
  • In-patient hospitalisation
  • Daycare expenses
  • Domiciliary hospitalization
  • Organ donor expenses

Health Infinity Plan (Cons)

Health Infinity Plan
  • OPD cover unavailable
  • No global coverage
  • Adventure sports
  • Health check-up unavailable

Health Infinity Plan (Other Benefits)

Health Infinity Plan
  • Modern treatment
  • Organ donor cover
  • Co-payment option
  • Add-on covers applicable

Health Infinity Plan (Eligibility Criteria)

Health Infinity Plan
  • Entry Age 91 days to 65 Years
  • Policy Type Individual / Family Floater
  • SI: 3 L to 1 Cr
  • Initial waiting period: 30 Days

Individual and Family Health Insurance

Reliance Arogya Sanjeevani's plan is affordable and efficient. In unprecedented times, covering you and your family is a necessity. Reliance Arogya Sa...

Unique Features

  • AYUSH Benefits
  • Inclusions and Exclusions
  • Quick Claim Process

Reliance Arogya Sanjeevani Plan (Pros)

Reliance Arogya Sanjeevani Plan
  • In-patient hospitalization
  • Daycare treatments
  • AYUSH treatments
  • Ambulance charges

Reliance Arogya Sanjeevani Plan (Cons)

Reliance Arogya Sanjeevani Plan
  • OPD cover
  • Domiciliary hospitalization
  • Daily Hospital Cash
  • Organ Donor

Reliance Arogya Sanjeevani Plan (Other Benefits)

Reliance Arogya Sanjeevani Plan
  • Modern treatment
  • Vaccination
  • Cataract
  • Covid-19

Reliance Arogya Sanjeevani Plan (Eligibility Criteria)

Reliance Arogya Sanjeevani Plan
  • Entry Age Minimum: 18 years
  • Entry Age Maximum: 65 Years
  • Policy Term 1 Year
  • Sum Insured: 50K to 10 Lakhs
  • Initial Waiting Period: 30 Days

Individual and Family Health Insurance

To avoid the financial stress and burden during Covid treatment, Reliance Health Insurance offers the Corona Kavach Plan that takes care of your medic...

Unique Features

  • Covers COVID-19
  • Check the Eligibility
  • Coverage Details of the Plan

Corona Kavach Plan (Pros)

Corona Kavach Plan
  • AYUSH treatment cover
  • Ambulance charges
  • COVID-19 treatment cover

Corona Kavach Plan (Cons)

Corona Kavach Plan
  • OPD charges
  • Daycare procedures
  • Modern treatment
  • Organ donor treatment

Corona Kavach Plan (Other Benefits)

Corona Kavach Plan
  • Home care treatment
  • In-patient hospitalization
  • Pre and post-hospitalization

Corona Kavach Plan (Eligibility Criteria)

Corona Kavach Plan
  • Entry Age Child Age: 1 day to 25 yrs
  • Adult Age: 18 yrs to 65 yrs
  • SI- 50 K to 5 L
  • Waiting period - 15 days

Top Up and Super Top Up Plans

Top Up and Super Top Up

A backup for your medical emergencies. Reliance Health Super Top-up insurance acts like a cherry on the cake. In case you feel your basic health insur...

Unique Features

  • Worldwide emergency cover
  • Maternity expenses
  • Air ambulance cover

Reliance Super Top-Up Insurance Plan (Pros)

Reliance Super Top-Up Insurance Plan
  • Waiver of premium
  • Waiver of deductible
  • Worldwide emergency cover
  • Tax benefits

Reliance Super Top-Up Insurance Plan (Cons)

Reliance Super Top-Up Insurance Plan
  • Investigation & evaluation
  • Rest cure/ rehabilitation and respite care
  • Obesity/ weight control unless life-threatening
  • Change-of-gender treatments

Reliance Super Top-Up Insurance Plan (Other Benefits)

Reliance Super Top-Up Insurance Plan
  • 5% Online discount
  • ICU charges
  • AYUSH treatment
  • Maternity cover

Reliance Super Top-Up Insurance Plan (Eligibility Criteria)

Reliance Super Top-Up Insurance Plan
  • Min entry age: 18 Years
  • Max entry age: 65 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 1.3 Cr

Critical Illness Health Insurance Plans

Critical Illness Health Insurance

Reliance Critical Illness insurance policy caters to life-threatening and lifestyle-disabling diseases, so you are worry-free. ​Reliance Critical Il...

Unique Features

  • 10 Major Illnesses Covered
  • Choose Your SI
  • Avail Tax Benefits

Reliance Critical Illness Insurance (Pros)

Reliance Critical Illness Insurance
  • COVID-19 cover
  • No-claim bonus
  • Cover for 10 critical illnesses

Reliance Critical Illness Insurance (Cons)

Reliance Critical Illness Insurance
  • Hospitalization out of war
  • Congenital disease
  • Intentional self-injury
  • IVF treatment
  • Air ambulance

Reliance Critical Illness Insurance (Other Benefits)

Reliance Critical Illness Insurance
  • Cancer of specified severity
  • Major organ/Bone marrow transplant
  • Multiple Sclerosis with persisting symptoms
  • Third degree burns
  • Aorta graft surgery

Reliance Critical Illness Insurance (Eligibility Criteria)

Reliance Critical Illness Insurance
  • Minimum entry age: 18 years
  • Maximum entry age: 65 years
  • SI: 5 - 10 Lakhs
  • Waiting period:

Group Health Insurance Plans

Group Health Insurance

Reliance General Group Mediclaim Insurance covers your employee's health at an economical cost and lets you enjoy tax benefits too. Reliance General ...

Unique Features

  • Coverage for employees
  • 3 variants available
  • Avail tax benefits

Reliance Group Mediclaim Policy (Pros)

Reliance Group Mediclaim Policy
  • Day care procedures
  • Regular health check-ups
  • Tax benefits

Reliance Group Mediclaim Policy (Cons)

Reliance Group Mediclaim Policy
  • Cosmetic treatment
  • Treatment of PEDs
  • HIV/AIDS treatment

Reliance Group Mediclaim Policy (Other Benefits)

Reliance Group Mediclaim Policy
  • Family floater clause
  • Extra insurance cover
  • Cover for all employees and their families

Reliance Group Mediclaim Policy (Eligibility Criteria)

Reliance Group Mediclaim Policy
  • Entry age: 18 to 65 years
  • Policy type: Group medical policy
  • Initial waiting period: 30 days

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.