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Srinagar is covered by most of the leading Health Insurance providers in India.

Top Health Insurance Companies in SrinagarMost Popular Health Insurance Plans in SrinagarAvailable Sum Insured

Apollo Munich Health Insurance Company

HDFC ERGO myHealth Suraksha

Rs.3 Lakhs – Rs.50 Lakhs

Bajaj Allianz General Insurance Co Ltd

HDFC ERGO General Insurance Optima Restore

Rs.3 Lakhs – Rs.50 Lakhs

 Bharti AXA General Insurance Co Ltd

Star Family Health Optima Plan

Rs.1 Lakh – Rs.25 Lakhs

Chola MS General Insurance Co Ltd

Care Health Care Plan

Rs.4 lakhs – Rs.6 crores

Future Generali India Insurance Company Ltd

United India UNI Criticare Health Plan

Rs.1 Lakh – Rs.10 Lakhs

HDFC ERGO General Insurance Co Ltd

Bajaj Allianz Individual Health Guard Plan

Rs.1.5 Lakhs – Rs.50 Lakhs

ICICI Lombard Health Insurance Co. Ltd

Chola Healthline Plan

Rs.2 Lakhs – Rs.25 Lakhs

IFFCO Tokio General Insurance Co Ltd

ManipalCigna Prohealth Plus

Rs.2.5 Lakhs – Rs.1 crore

Max Bupa Health Insurance Co Ltd

Aditya Birla Active Assure Diamond Plan

Min - 2 Lakh - Max - 2 Crore

Reliance General Insurance Co Ltd

SBI Arogya Premier Policy

Rs.10 Lakhs – Rs.30 Lakhs

Care Health Insurance Co Ltd

Digit Health Insurance Plan

Rs.1 Lakh – Rs.25 Lakhs

SBI General Insurance Co Ltd

Future Generali Criticare Plan

Rs.5 Lakhs – Rs.50 Lakhs

Star Health and Allied Insurance Co Ltd

IFFCO TOKIO Health Protector Plus Plan

Rs.2 Lakhs – Rs.25 Lakhs

TATA AIG General Insurance Co Ltd

Royal Sundaram Supreme Policy

Rs.5 Lakhs – Rs.50 Lakhs

The New India Assurance Co Ltd

Universal Sompo Individual Health Plan

Up to Rs.10 Lakhs

Health Insurance is a legal agreement between the insurer and the insured where the insurer agrees to pay for the medical costs incurred by the insured, to undergo medical treatment at a hospital, subject to the terms and conditions of the health insurance policy.

A comprehensive health insurance policy covers a number of medical expenses relating to any treatment; cost of surgery, hospital room rent, pre and post hospitalization expenses, ambulance charges, surgeon and anaesthetist charges, nurses and operating room charges, medicines, surgical items, food for the patient, daily cash allowance during your hospital stay, and many more.

Health insurance also provides for domiciliary treatment or alternative treatment methods like homoeopathy or ayurvedic.

In recent times, as per IRDAI regulation, all health insurance policies are required to cover the costs incurred towards Corona treatment.

What are the benefits of getting health insurance?

  • Cashless Treatment covers most of the medical treatments available in hospitals across the country
  • Covers more than 40 outpatient treatments that do not require hospitalization
  • Pre- and post-hospitalization costs are covered
  • Transportation charges for Ambulance
  • No Claim Bonus (NCB) for every claim-free year
  • Medical Check-up costs are reimbursed for you and the other members of the policy
  • Room Rent Allowance to cover the cost of hospital rooms
  • Convalescence benefit or recovery benefit
  • Reimbursement towards Annual Health Check-ups
  • Tax Advantage under section 80D of the Income Tax Act

Also Read: 11 Essential Benefits Health Insurance Plans Must Cover

Tips To Choose The Best Health Insurance Company In Srinagar

India has around 30 health insurance companies in India offering more than 100 health insurance plans. How will you shortlist the best health insurance company? Here are some simple points to keep in mind:

  • Check their claim settlement ratio; this is one of the most important parameters while shopping for health insurance. You want a company that settles the most number of claims so that you are assured that your claim will also be settled quickly and hassle-free
  • The number of network hospitals for cashless treatment; you need the insurer to provide cashless treatment at the most number of hospitals so that you can get high-quality treatment at a hospital of your choice for your ailment.
  • Plan customization; does the company have different plans to suit your needs? Are you able to customize the plan as per your requirements? This would be a good deciding factor
  • Ease of the claim settlement process; The insurer should offer an easy claim settlement process. We are already in distress and don’t want to go with mounds of paperwork to get the insurance money. Different channels to register claim is an added advantage.
  • Policy purchase and renewal process: What are the options available to buy the policy? Can it be done online or do I have to go in person? Will I get assistance through the policy purchase process? What are the options available to renew my policy? These are some things you look into too.

Points To Remember While Choosing A Health Insurance Plan

Now that you have chosen the best health insurance provider for you, which plan is the best for you and your family? Read more to understand how to find the best health insurance plan for you.

  • Look for sufficient coverage
  • Consider the average price
  • Prefer family health plans over individual health plans
  • Check the waiting period on the policy
  • Pay attention to the exclusions
  • Select a plan that can be renewed indefinitely
  • Compare prices online to find maximum coverage

What are the different kinds of health insurance policies available in Srinagar?

These days, health insurance plans are more customized. When it comes to health insurance, consumers have discovered that there is no such thing as a "one-size-fits-all" policy. As a result, health insurance providers have responded to shifting market demands and now provide a wide range of health insurance packages.

Health Insurance Policies in Srinagar are tailored to the needs of the client and the type of coverage desired. There are various types of health insurance plans;

Individual Health Insurance Policies

Individual health insurance can be purchased for yourself, your spouse, your children, and your parents. This sort of insurance covers hospitalization, surgery, room rent, childcare procedures, and other medical expenses associated with accidents and diseases.

Family Floater Health Insurance

Family Floater Health Insurance should be your first consideration if you want affordable health insurance coverage for everyone in your family. A single Sum Insured covers all family members enrolled in a Family Floater Health Insurance policy. A Family Floater Health Insurance Plan is less expensive than an Individual Health Insurance Plan. This policy can protect you, your spouse, your children, and your parents.

Group Health Insurance

A Group Health Insurance plan is intended for a specific group of people. Whether you own a small or large firm, you can arrange such plans for your employees. It is a type of benefit that most firms offer to their employees. It helps employees obtain basic health insurance for themselves and their families.

Senior Citizens Health Insurance

As the name implies, this policy is only for older citizens. It is only applicable to those over the age of 60. It allows the consumer to cover their elderly parents and grandparents who require high-quality medical care.

Maternity Health Insurance

Maternity health insurance is highly popular these days. Though it was previously only available as a rider on conventional health insurance policies, several insurers are now marketing it as a stand-alone policy to appeal to first-time parents seeking the best pregnancy experience possible. All costs associated with pregnancy, birth, and aftercare are covered. It covers births (including medically necessary terminations), infertility treatments, and newborn infant coverage for the first 90 days.

Critical Illness Insurance

Diseases linked to one's way of life are becoming more common. With this in mind, insurance firms developed the Critical Illness Policy.

This health plan, designed primarily for middle-class families, covers conditions such as:

  • Cancer
  • Stroke
  • Kidney Failure
  • Paralysis
  • Coronary Artery Bypass Surgery
  • First heart attack
  • Pulmonary Arterial Hypertension
  • Multiple Sclerosis
  • Aorta Graft Surgery

Top-Up Health Insurance

If you require more coverage than your existing health insurance policy provides, you can purchase top-up insurance. However, such plans feature a "Deductible Clause." In the event of a claim, payment will be given in excess of the maximum limit of the policy. This plan may be right for you if you desire more coverage than your normal health insurance policy provides.

Additional Read: Top 6 Insurance Changes In India Due To The Covid 19 Pandemic

Conclusion: A health insurance policy must be an important part of your family financial planning. It saves you from much distress during any medical exigency. With the current Corona pandemic and rising medical costs, a good health insurance policy will provide you with the right financial assistance at the right time.


1. What is the cashless facility under health insurance?

A cashless health insurance policy allows a policyholder to receive treatment at any of the network hospitals without having to pay the hospital bills, as the payment is made directly to the hospital on behalf of the insurance company by the Third Party Administrator. Any charges that exceed or fall outside the scope of the insurance policy's limits or sub-limits, or that are not covered by the policy, must be paid directly to the hospital.

2. What factors influence the cost of health insurance?

Premiums are determined in part by age; the older you are, the higher your premium will be because you are more susceptible to illnesses. Previous medical history is another essential factor in deciding the premium. The premium will be automatically decreased if there is no prior medical history. Claim-free years can also affect the cost of your premium because you may be eligible for a percentage discount. This will automatically help you save money on your insurance price.

3. What is the maximum number of claims allowed in a year?

Unless a specific cap is specified in any policy, any number of claims are permitted during the policy period. The sum covered, on the other hand, is the policy's maximum limit.

4. Is Coronavirus covered by your existing health insurance policy?

General and health insurance companies must now include coronavirus coverage in their existing plans, according to the Insurance Regulatory and Development Authority of India (IRDAI). The IRDAI issued a circular mandating health insurance companies to include medical coverage for Covid -19, regardless of the health insurance policy a consumer owns.

5. Are daycare procedures covered in my health insurance?

Yes, in recent times, health insurance policies are covering daycare treatments that do not require hospitalization.

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