Care Health Insurance

Key Features

Claim Settlement Ratio 92.30%

Claim Settlement Facility 100%

Network Hospitals 8350

Renewability 100%

COVID-19 Cover Yes

Incurred Claim Ratio 55%

About Care Health Insurance

Care health insurance is a standalone health insurance company offering products in the retail segment for health insurance, top-u coverage, personal accident, maternity, international travel insurance, critical illness insurance along with group health insurance and group personal accident insurance for corporates, micro insurance for the rural market and a comprehensive set of wellness services. Care health insurance is a part of the Religare group and a direct subsidiary of Religare enterprises. Kedaara capital is a co-promoter of the company. Care health insurance was established as Religare health insurance in the year 2012 after obtaining a standalone health insurance license from the insurance regulator Insurance regulatory and development authority of India

Care Health Insurance Plans

Care health insurance has different health insurance plans in addition to the travel insurance as well as personal accident insurance plans. Care health insurance caters to different groups of customers such as individuals, corporates, micro etc.

Benefits of Care Health Insurance

Care health insurance provides cover for advanced treatments and alternative treatments such as Ayurveda, Yoga, Unani, Siddha and Homeopathy. Advanced treatment such as robotic surgeries and therapies to treat critical illness would be covered under the policies.

Key features of Care health insurance

No Claim Bonus Super : No claim bonus of 50% per claim free year up to a maximum of 100% of the sum insured. With no claim bonus and no claim bonus super cover the overall no claim bonus under the policy can be increased up to 150% of the base sum insured. Incremental increase is applicable on the base sum insured. If a claim is made in any particular policy year, accrued NCB and NCB Super will be reduced at the same rate at which it is accrued.

Tax Benefits

There are certain tax benefits available under the health insurance policies offered by Care health insurance which are mentioned below:-


The minimum turnaround time for cashless approval is 2 hours on a best effort basis. The approval for cashless would be given to the hospital within 2 hours of intimation thereby increasing the customer satisfaction and reducing the stress for the customers.