Health Insurance
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Network hospitals
7200+
Claim settlement ratio
92.34%
Sum insured
Up to 1 CR
No. of Plans
11
Solvency Ratio
1.75
Pan India Presence
-
Network hospitals
7200+
Claim settlement ratio
92.34%
Sum insured
Up to 1 CR
No. of Plans
11
Solvency Ratio
1.75
Pan India Presence
-
Magma HDI General Insurance Company Limited is a joint venture between Magma Fincorp Limited and HDI Global SE Germany. With more than 45 Lakh customers, the company has been looking after the healthcare needs of its customers for many years.
The company offers over 30 products across different categories that include health insurance, motor insurance, marine insurance, fire insurance, etc.
The company also won many awards in the last few years. Have a look at the list of awards won by Magma HDI in the last 2 years:
Before investing your money in any health insurance plan, you must have elaborated knowledge about the company. Before investing in any health insurance company, you must read about a few parameters such as availability of network hospitals, claim support, solvency ratio, and annual premium.
Comprehensive
It is a comprehensive insurance policy that comes in an Individual and Family Floater option, wherein you can cover up to 4 adults and 3 children under a floater policy.
Unique Features
personal accident
The policy provides coverage against unfortunate accidents & covers Accidental Death, Permanent Total Disablement, & Temporary Total Disablement.
Unique Features
Loan Protect
The policy provides coverage against unfortunate accidents & covers Accidental Death, Permanent Total Disablement, & Temporary Total Disablement.
Unique Features
Compare Magma HDI Health Insurance mediclaim policies with other top insurers in India.
Any Magma HDI Health Insurance policy does not cover any of the conditions arising out of or related to:
Buying Magma HDI Health Insurance plans online is one of the easiest ways. Just follow the below steps, and get your healthcare needs secured in a few minutes:
The company allows its customers to avail themselves of both cashless facilities in their network hospitals, as well as reimburses the amount in case of an emergency where the patient is treated in the non-network hospital. You can avail of the cashless facility at any of the Network hospitals of the company or claim reimbursement.
Let's have a brief look at how both claim settlement processes work:
Office no. 516 and 517,5th floor, Neelkanth Corporate Park,Plot no. 240, 2401/1-8, Kirol Road,Vidyavihar (West), Mumbai, Maharashtra - 400086
customercare@magma-hdi.co.in
1800 266 3202 (Available 24*7)
Yes, the plan offers a discount if the policyholder has opted for a multi-year policy. Discount for 2-year tenure policy: 10%, and for 3-year tenure policy: 12.5%.
If an individual buys a policy before the age of 40 and renews it continuously, and there is no claim, then the company offers an additional benefit amount. For example:
The company offers a very simple and easy renewal process.
No worries. The company will promptly and effectively address your grievances. If you are still not satisfied with the solution then you may approach the Insurance Ombudsman located nearest to you.
Yes, as per the new guidelines of IRDAI, every health insurance plan will offer coverage against COVID-19 claims.
The waiting periods for Magma HDI Health Insurance plans are as follows:
The Magma Health Insurance policies can cover up to four adults and three children.
Magma HDI Health Insurance premium calculator is available on the official website of the company or you can also calculate the premium from the official website of PolicyX.com.
Yes, Some Magma HDI Health Insurance plans come with a sub-limit on certain covers.
Magma HDI health insurance hospital list has more than 4,300 network hospitals that provide cashless hospitalization to the policyholders.
Yes, the company has a mobile app named Magma HDI App , that you can download to avail of the following:
Yes, the company has a separate customer care team to assist with the issues of senior citizens. One can send a mail to Namaskar@magma-hdi.co.in to get their queries resolved.
You need to submit the below-mentioned details to file a claim:
Read what our customers have to say about Magma HDI Health insurance company and Magma HDI Health mediclaim policy.
Laxman Shekhawat
Hyderabad
October 4, 2021
Superb customer staff. Bahut ache se handle kiya meri queries ko. I am supr impressed. Good luck for the future.
S Tiwari
Indore
September 27, 2021
Amazing company. Proud customer of magma health insurance. Totally in love with the way the company works.
Gaurav Taneja
Bhopal
September 27, 2021
Wow. I am literally blessed that I have chosen Magma Health Insurance company. This company just works for its customers. Thank God for letting me chose this health insurance company.
Akshay Sharma
Chandigarh
September 21, 2021
Good company. I am simply impressed with how Magma Health Insurance works with all its ethics. Good. Keep up the good work.
Avinash Bhatt
Pune
September 20, 2021
One of my friends sister suggested me to buy a Health Insurance from Magma Health Insurance company. I am quite satisfied with the service and customer-centric approach
Shivay Singh
Meerut
September 8, 2021
Nice and handsome company. Plans are very best. I in love for the plans present in the market. No company can give better plans then Magma HDI Health Insurance
Kavya Shah
Allahabad
September 6, 2021
Very nice company. Offers several product to choose from. Would give 10 on 10 to this amazing company.
Vikrant Sherawat
Bhopal
September 6, 2021
Quick response, dependable services and customer friendly staff. Overall good experience with the company.
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