Relationship manager
For every customer
IRDA Thumbs up to Reliance General Insurance for a Separate Health Insurance Arm
Reliance General Insurance Company Ltd. has received the first level approval from Insurance Regulatory Development Authority (IRDA) to initiate a separate, new health insurance unit. On Monday, August 28th, IRDA in a board meeting gave approval to the insurer for a separate health insurance arm for its general insurance business. In general, the insurance business needs three levels of approvals to begin an operation, and there are two more to go for Reliance General Insurance Company.
Policybazaar exclusive benefits
30 minutes claim support##
(In 120+ cities)
24*7 claims assistance
In 30 mins. guaranteed*
Instant policy issuance
No medical tests~
People trust Policybazaar^
9.7 crore
Registered consumers
51
Insurance partners
4.9 crore
Policies sold
Policybazaar is one of India's leading digital insurance platform
Find affordable plans with up to 25% Discount**
Select members you want to insure
More Members
Maximum child sum can be 4
-
Home
-
Health Insurance
-
News - GHI
- IRDA Thumbs up to Reliance General Insurance for a Separate Health Insurance Arm
The company will receive a formal notice on the same in another 3-4 days, as communicated. However, an email quarry to Reliance General seeking confirmation is unanswered.
Currently, the company’s business is spread over 175 branches across the country. As per the recent report, company’s premium from health insurance business cut down to Rs. 344 crore as on March 31st - almost 36% reduced as compared to the same period last year.
The board of Directors, Reliance General had already approved to transfer the existing retail health insurance unit to a standalone, owned subsidiary of Reliance Capital. This will further benefit Reliance Capital to raise its bet on India’s growing health insurance sector.
Search
Health insurance companies
Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Health Insurance Articles
- Recent Article
- Popular Articles
22 Apr 2025
10 New Health Insurance Rules for Senior Citizens
Life after retirement should be about relaxation and not worrying
Read more
28 Mar 2025
OPD Health Insurance for Senior Citizens
As people age, their health deteriorates, making them more
Read more
27 Mar 2025
How Can OPD Health Insurance Help You Save Money?
For years, health insurance has been synonymous with hefty medical
Read more
27 Mar 2025
What is the Full Form of IPD?
The full form of IPD is the "In-patient Department". It refers to
Read more
25 Mar 2025
What is OPD Full Form in Medical Terms?
The full form of OPD is the “Outpatient Department”. It is the
Read more
*We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.
*Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.
*All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.
**All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.
*₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.
*₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases
*₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases
*₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases
*₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases
*₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.
*₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.
*No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.
*The values taken for effective cost calculation are indicative values and may change as per the selected plan.
*Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.
*Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.
*The scope of coverage may vary from plan to plan.
~Source: Google Review Rating available on:- http://bit.ly/3J20bXZ
##On ground claim assistance is available in 114 cities
Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.
STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
Policybazaar is a registered Composite Broker |Registration No. 742, Valid till 09/06/2024, License category- Composite Broker| Visitors are hereby informed that their information submitted on the website may be shared with insurers.
Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001 Contact Us | Legal and Admin Policies
© Copyright 2008-2024 policybazaar.com. All Rights Reserved.
