Comparison of Mediclaim Policies

Mediclaim is the national health care system in India. Similar to the health care in the U.S., there are various policies offered to prevent the ever-growing cost of medical care.

Bajaj Allianz General Insurance

• The Bajaj Allianz policy is intended to be a family plan that acts as a floater policy -- covering any family member who needs to use the policy. The policy covers outpatient expenses as well as hospital expenses. There are also tax benefits associated with this plan.

Birla Sun Life Insurance Company

• Birla Sun Life insurance covers critical illness and hospital expenses, similar to Bajaj. There are no medical tests required to gain access to coverage. The policy holder will receive INR2,000 each day of hospitalization and increases depending on the seriousness of the stay.

Aviva

• Aviva is a policy that covers serious illness, but only covers 18 specific diseases. However, Aviva coverage will cover expenses of hospitalization or death.