Galaxy Health vs Narayana

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Overview

Galaxy Health Insurance Company Limited is a new standalone health insurer, licensed by IRDAI in March 2024. It is backed by the TVS Group and V. Jagannathan, the founder of Star Health, providing experienced leadership despite being a new company. Focusing solely on health insurance, Galaxy designs plans around medical coverage needs rather than offering multiple insurance types. It may suit buyers open to a new insurer, but it’s important to check its hospital network, claim support, and overall track record before making a decision.
COMPANY DETAILS Edit

Galaxy Health

Edit

Narayana Health Insurance

Number of health insurance plans
Sum insured

Sum Insured

Up to 1 Crore

Sum Insured

Up to 1 Crore
Claim ratio

Claim Ratio

98.9%

Claim Ratio

100%
Network hospitals

Network Hospital

3216+

Network Hospital

2400+
Solvency Ratio

Solvency Ratio

4.70

Solvency Ratio

1.61
Pan India Presence

Pan India Presence

71

Pan India Presence

21
Claim Form

Claim Form

Available

Claim Form

Available
Annual premium (company level)

Annual premium (company level)

16.95 Crore

Annual premium (company level)

2.37 Crore
Years in operation

Years in operation

2023

Years in operation

2023
24×7 claim support

24×7 claim support

Yes

24×7 claim support

Yes
IRDAI registration number

IRDAI registration number

167

IRDAI registration number

166
Claims settled within 3 months

Claims settled within 3 months

100

Claims settled within 3 months

92.27

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Galaxy Health Insurance

Individual and Family Health Insurance

Lock in your premium until age 55.Galaxy Health Insurance Company is a new standalone company in the insurance market. Galaxy Promise is its inaugural...

Unique Features

  • Air Ambulance Cover
  • Room Rent Enhancement
  • Gala Fit Pro-Active Care

Galaxy Promise Health Plan (Pros)

Galaxy Promise Health Plan
  • Unlimited restoration of SI
  • No co-payment
  • Room rent enhancement

Galaxy Promise Health Plan (Cons)

Galaxy Promise Health Plan
  • Investigation and evaluation not covered
  • Dietary supplement
  • Unproven treatment
  • Alcoholism

Galaxy Promise Health Plan (Other Benefits)

Galaxy Promise Health Plan
  • Repatriation of mortal remains
  • Organ transplantation
  • Cashless everywhere

Galaxy Promise Health Plan (Eligibility Criteria)

Galaxy Promise Health Plan
  • Min. Entry Age: 16 Days
  • Max. Entry Age: 65 Years
  • Initial Waiting Period: 24 Months
  • Sum Insured: Up to 1 Cr

Top Up and Super Top Up

Galaxy Top-up plan by Galaxy Health Insurance Company is a top-up health insurance plan. In today's landscape of escalating healthcare costs, securing...

Unique Features

  • Get exciting discounts
  • Digital ICU coverage
  • Gala Fit benefit

Galaxy Top-up Health Insurance Plan (Pros)

Galaxy Top-up Health Insurance Plan
  • Family coverage
  • flexibility in deductible
  • Digital ICU coverage.

Galaxy Top-up Health Insurance Plan (Cons)

Galaxy Top-up Health Insurance Plan
  • Investigation and evaluation
  • cosmetic surgery
  • unproven treatments.

Galaxy Top-up Health Insurance Plan (Other Benefits)

Galaxy Top-up Health Insurance Plan
  • Nanotechnology covered
  • modern treatment
  • delivery expenses covered.

Galaxy Top-up Health Insurance Plan (Eligibility Criteria)

Galaxy Top-up Health Insurance Plan
  • Entry age: 18 years
  • Maximum entry age: 65 years
  • Sum Insured: INR 5 L to 2 Cr
  • Waiting Period: 30 days.

Individual and Family Health Insurance

Galaxy Twin 360 combines in-patient hospitalisation (IPD) cover with out-patient (OPD) and wellness benefits, aiming to make health insurance relevant...

Unique Features

  • Dual coverage for extended protection
  • All round 360 degree health benefits
  • Flexible coverage for individual needs

Galaxy Twin 360 (Pros)

Galaxy Twin 360
  • OPD benefits along with hospitalisation cover
  • usable benefits even in non-hospitalisation years
  • wellness and preventive care integration

Galaxy Twin 360 (Cons)

Galaxy Twin 360
  • Entry age capped at 45 years
  • OPD benefits have usage limits
  • newer insurer with limited long-term claims history

Galaxy Twin 360 (Other Benefits)

Galaxy Twin 360
  • Lifelong renewability
  • multiple sum insured options
  • flexible premium payment modes
  • coverage for day-care and modern treatments
  • cashless treatment at network hospitals

Galaxy Twin 360 (Eligibility Criteria)

Galaxy Twin 360
  • Adults: 18 years to 45 years Children: 90 days to 18 years

Narayana Health Insurance

Individual and Family Health Insurance

The Aditi Health Insurance by Narayana Health Insurance is a comprehensive plan that provides emergency coverage from day one, without any waiting per...

Unique Features

  • No waiting period
  • Annual health checkups
  • Coverage available at non-network

Narayana Aditi Health Insurance (Pros)

Narayana Aditi Health Insurance
  • 1 Cr sum insured
  • room category modification
  • living organ donor.

Narayana Aditi Health Insurance (Cons)

Narayana Aditi Health Insurance
  • Domiciliary hospitalisation not covered
  • OPD treatment not covered
  • maternity not covered.

Narayana Aditi Health Insurance (Other Benefits)

Narayana Aditi Health Insurance
  • Annual health check-up
  • road ambulance charges
  • coverage from day one.

Narayana Aditi Health Insurance (Eligibility Criteria)

Narayana Aditi Health Insurance
  • Entry Age: 18 years
  • Maximum Entry Age: No age limit
  • Sum Insured: INR 5 Lakh to 1 Crore
  • Waiting Period: No waiting period.

Individual and Family Health Insurance

The Narayana Arya Health Insurance plan is a comprehensive health insurance plan offered by Narayana Arya Health Insurance and Narayana One Health. It...

Unique Features

  • Comprehensive health policy
  • Cashless hospitalisation
  • Easy claim process

Narayana Arya Health Insurance (Pros)

Narayana Arya Health Insurance
  • Upto 1 crore sum insured
  • Zero waiting period
  • Pre and post-hospitalisation

Narayana Arya Health Insurance (Cons)

Narayana Arya Health Insurance
  • Daycare treatment not covered
  • Domiciliary treatments not covered
  • OPD charges not covered

Narayana Arya Health Insurance (Other Benefits)

Narayana Arya Health Insurance
  • Any room type available
  • Top-up options available
  • Quick claim process

Narayana Arya Health Insurance (Eligibility Criteria)

Narayana Arya Health Insurance
  • Entry Age: 18 years (Maximum 65 years
  • with no upper age limit for renewal) Sum Insured (SI): INR 25 Lakh to 1 Crore Waiting Period: 30 days
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.