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Magma HDI Health Insurance Premium Calculator

Magma HDI General Insurance Company Limited provides a range of health plans equipped with varied sum insured options, features, policy terms and so on. After choosing a plan, the insured individuals can calculate the premium amount themselves in a few steps. They can avail the premium calculator present at our website to compute the premium of Magma HDI plans. This keeps them updated about the amount of premium to be paid to get a plan, through which they can plan the payment in advance and prevent themselves from experiencing any monetary crisis.

How to Calculate the Premium of Magma HDI Policies Online?

When it comes to the premium of a health insurance plan, its amount is based on different factors. The components that contributes to and influence the amount of the premium are as follows:

  • Age
  • Sum insured
  • Plan terms
  • Type of policy
  • Medical history
  • Coverage details
  • Number of members

To calculate the premium amount accurately, the applicants are required to duly fill all the essential details. Change in the variables can vary the premium amount.

Why Calculate Health Insurance Premium Online?

Calculating the amount of premium online is a very simple procedure, which assists the policyholders in choosing a suitable health insurance policy at an affordable premium. Also, there exists no scope of manipulation while calculating the premium online, as the proposers themselves fill the form. Here are some advantages of computing the premium online:

  • Addition or deduction of features, coverage benefits, add-on, etc.
  • Get the accurate premium amount to purchase any specific policy
  • Stay updated about the fairness of the coverage of health policy
  • Modify the details to know an affordable premium as per the requirement
  • Compare different insurance policies on the basis of premium, features, etc.

Why Choose Magma HDI?

Magma HDI is a renowned small private sector general insurer. It is a trusted firm, which apart from insuring health, also provide effective insurance products such as motor insurance, marine insurance, liability insurance, burglary insurance, fire insurance, and so on. With more than 4,300 network hospitals and a great claim settlement ratio, the company has managed to build goodwill in the market.

Health Insurance Calculator

Whom do you want the insurance for ?

You
Couple
Family
Father
Mother

Select the age of all members

  • You

Where do you live ?

Choose required Coverage for yourself?

5 Lac
10 Lac
25 Lac
Disclaimer : Actual Premium might vary basis your location, age and number of members

Health Insurance Coverage Calculator

Who do you want to insured ?

  • Individual
  • Couple
  • Family
  • Parents

Age of eldest insured member ?

Where do you live ?

Metro
Non-Metro
Disclaimer : Actual Coverage might vary basis your location, age and number of members
Tax Save
Save Tax upto ₹75000*
Under Section 80D

*Tax benefits are subject to changes in Income Tax Act.

Health Insurance News

FAQs

  • What are the elements that influence the value of the premium of Magma HDI health policies?

    Following are the basic factors that are used to compute and influence the premium amount of Magma HDI:

    • Policy term
    • Sum insured
    • Age of insured
    • Gender
    • Number of members
    • Medical history
  • Does Magma HDI offer a discount on the amount of premium to its policyholders?

    Yes, Magma HDI health insurance firm provides the discounts for opting multi-year policies. A 10% discount is given for choosing a 2-year tenure policy, while 12.5% discount is allowed for selecting a 3-year tenure plan.

  • Is there any premium rewards offered to the customers under Magma HDI plans?

    Yes, the policyholders can earn fitness reward points maximum up to 10% of premium by participating in Fitness Rewards and Wellness Services.

  • What is the lowest premium amount for plans offered by Magma HDI?

    The premium for Magma HDI health plans starts at Rs. 3,998*  per annum. *The premium is subject to change.

  • Up to how much premium the tax benefits can be availed under the plans of Magma HDI?

    When it comes to gain the tax benefit under Magma HDI, you can avail the benefit up to Rs. 25,000 as per the section 80D of the Income Tax Act 1961.

User Reviews

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What users are saying
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    Magma HDI Health Insurance Plan is an affordable health insurance that covers many hospitalization expenses. I bought the Magma HDI health insurance policy recently at InsuranceDekho and liked the smooth buying process. The health policy has all the benefits that I wanted, and also it comes at an affordable premium. Thanks, InsuranceDekho.

    A
    Magma HDI
    By Anjali Arora
    On: Mar 21, 2024
  • Flexible Payment Alternatives

    The InsuranceDekh’s website is easy to use. I have recently bought the Magma HDI Health Insurance Policy at the portal and found it useful. I paid the premium of Magma HDI health policy via my debit card. There were other payment options as well on InsuranceDekho but I found paying through a debit card convenient. Thanks, InsuranceDekho for helping me buy Magma HDI Health Insurance policy.

    P
    Magma HDI
    By Prateek Pareek
    On: Mar 05, 2024
  • Great Customer Support Experie...

    InsuranceDekho truly stands out in terms of customer support. I had a few queries about my Magma HDI health insurance policy, and the support team went above and beyond to assist me. Their responsiveness and commitment to customer satisfaction are commendable.

    A
    Magma HDI
    By Aditi Bansal
    On: Feb 28, 2024
  • Low Cost Insurance Plans

    InsuranceDekho is the best place to purchase any health insurance plan. I bought the Magma HDI Health Insurance Plan from the official website of the company. The online premium calculator is awesome. I was able to compare all the health plans easily on my device. My experience with the insurancedekho company was great, and I would advise each of you to consider them.

    A
    Magma HDI
    By Akash Tiwari
    On: Feb 20, 2024
  • Easy Renewal Process

    I bought the Magma HDI Health Insurance plan from InsuranceDekho. When the time came for its renewal, I just had to pay the premium and provide my policy details. After this, my Magma HDI health insurance policy was renewed easily.

    A
    Magma HDI
    By Aarushi Pal
    On: Dec 22, 2023

Network Hospital in Popular Cities

CityNo of Hospital
Ahmedabad96
Bengaluru282
New Delhi207
Mumbai105
Pune145
Surat22
Jaipur92
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