Apollo Munich Health Insurance vs Magma Health Health Insurance 2026 | PolicyX

Overview

Apollo Munich Health Insurance (now HDFC ERGO General Insurance) offers plans for individuals, families and senior citizens with comprehensive coverage.
COMPANY DETAILS ✎ Edit

Apollo Munich Health Insurance

✎ Edit

Magma Health

Number of health insurance plans
Sum insured

Sum Insured

Up to ₹ 75L

Sum Insured

Up to ₹ 3 CR
Claim ratio

Claim Ratio

98.59%

Claim Ratio

94.72%
Network hospitals

Network Hospital

12000+

Network Hospital

8400+
Solvency Ratio

Solvency Ratio

1.75

Solvency Ratio

2.02
Pan India Presence

Pan India Presence

200

Pan India Presence

95
Claim Form

Claim Form

Available

Claim Form

Available
Annual premium (company level)

Annual premium (company level)

-

Annual premium (company level)

742.77 Crore
Years in operation

Years in operation

-

Years in operation

2012
24×7 claim support

24×7 claim support

No

24×7 claim support

Yes
Claims settled within 3 months

Claims settled within 3 months

-

Claims settled within 3 months

96.84
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Expert Reviewed

Reviewed By: Raj Kumar

With over 12 years of rich experience in the BFSI domain, with a specialisation in Life and Health Insurance, I have played a pivotal role in simplifying the insurance-buying process and delivering unparalleled service.

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