Apollo Munich
vs
Magma Health

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

Apollo Munich

Apollo Munich health insurance company, now known as HDFC Ergo General Insurance offers exclusive plans for individuals, families, senior citizens, etc. These health insurance plans provide comprehensive coverage to secure the healthcare needs and financial stability of the policyholders. After merging with HDFC Ergo Health Insurance, Apollo Munich expanded its insurance product portfolio. The insurer offers insurance products ranging from motor, health, travel, home, and personal accident.

Magma Health

Magma HDI General Insurance Company Limited, a joint venture between Magma Fincorp Limited and HDI Global SE Germany, serves over 4.5 million customers. They offer comprehensive, affordable health insurance alongside 30+ products across motor, marine, and fire insurance, addressing diverse customer needs for many years.

COMPANY DETAILS Edit

Apollo Munich

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

2.1
Pan India Presence

Pan India Presence

200

Pan India Presence

95
Claim Form

Claim Form

-

Claim Form

-

Know More About Companies

Overview

Apollo Munich health insurance company, now known as HDFC Ergo General Insurance offers exclusive plans for individuals, families, senior citizens, etc. These health insurance plans provide comprehensive coverage to secure the healthcare needs and financial stability of the policyholders. After merging with HDFC Ergo Health Insurance, Apollo Munich expanded its insurance product portfolio. The insurer offers insurance products ranging from motor, health, travel, home, and personal accident.

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Magma Health Insurance

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
Raj Kumar

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.