Liberty Health
vs
Magma Health

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Liberty Health vs Magma Health

Liberty Health

Liberty General Insurance commenced its operations in the year 2013 with the aim of providing comprehensive retail, commercial and industrial insurance solutions. The company has an employee strength of 1200+ over a network of 110 offices in 95 cities across 29 states. The insurer has 5000+ hospitals for easy access to healthcare services.

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

Liberty Health

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Magma Health

Number of health insurance plans
Sum insured

Sum Insured

Up to 30 Lakh

Sum Insured

Up to 3 CR
Claim ratio

Claim Ratio

97.64%

Claim Ratio

94.72%
Network hospitals

Network Hospital

6000+

Network Hospital

8400+
Solvency Ratio

Solvency Ratio

3

Solvency Ratio

2.1
Pan India Presence

Pan India Presence

110

Pan India Presence

95
Claim Form

Claim Form

-

Claim Form

-

Know More About Companies

Overview

Liberty General Insurance commenced its operations in the year 2013 with the aim of providing comprehensive retail, commercial and industrial insurance solutions. The company has an employee strength of 1200+ over a network of 110 offices in 95 cities across 29 states. The insurer has 5000+ hospitals for easy access to healthcare services.

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Liberty General Insurance

Accident Health Insurance

Janta personal accident policy designed by Liberty Health Insurance is designed specifically to cater to customers settled in rural India. The Janata...

Unique Features

  • Personal Accident Cover
  • Worldwide Cover
  • Lifelong Renewability

Liberty Janta Personal Accident Policy (Pros)

Liberty Janta Personal Accident Policy
  • Personal Accident Cover
  • Worldwide Cover
  • Lifelong Renewability

Liberty Janta Personal Accident Policy (Cons)

Liberty Janta Personal Accident Policy
  • Pre-existing diseases not covered
  • Death or disablement due to war
  • Self-harm or suicide attempt

Liberty Janta Personal Accident Policy (Other Benefits)

Liberty Janta Personal Accident Policy
  • Loss of limbs
  • Loss of an eye
  • Complete loss of eyesight in both eyes

Liberty Janta Personal Accident Policy (Eligibility Criteria)

Liberty Janta Personal Accident Policy
  • Minimum: 18 Years
  • Child: 5 to 18 Years
  • Maximum: 75 Years

Individual and Family Health Insurance

Secure Health Connect policy designed by Liberty Health Insurance offers comprehensive coverage with a wide range of sums insured from INR 2 lac to 15...

Unique Features

  • Wide Sum Insured Options
  • Stay-fit Perks
  • 6-hour Claim Assure

Liberty Secure Health Connect (Pros)

Liberty Secure Health Connect
  • Cataract
  • Covid-19 treatment
  • ICU charges

Liberty Secure Health Connect (Cons)

Liberty Secure Health Connect
  • Illegal activities
  • Alcoholism and drug abuse
  • Adventure sports

Liberty Secure Health Connect (Other Benefits)

Liberty Secure Health Connect
  • Ambulance cover
  • Health check-ups
  • Co-payment

Liberty Secure Health Connect (Eligibility Criteria)

Liberty Secure Health Connect
  • Min entry age: 18 Years
  • Max entry age: 65 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 15 L

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.