Benefits of ManipalCigna Health Insurance
ManipalCigna Health Insurance Company Limited, a standalone health insurance company, was launched in the year 2014. The company is a joint venture between Cigna Corporation and Manipal Group. While the former is a global health services provider, the latter is an Indian group.
ManipalCigna is present in India across 15 leading cities. The company also has been recognized for its products and services. It was awarded the Economic Times Best Promising Brand 2015. It is also the official health insurance partner for the Standard Chartered Mumbai Marathon.
ManipalCigna has a range of health insurance plans to offer. Since it is a standalone health insurer, its plans are innovative and the best in their categories. ProHealth plans are the signature health plans offered by ManipalCigna which have unparalleled coverage benefits.
Additional Benefit of Free Health Check upIndemnity based health insurance plans of the company allow the benefit of free health check-ups for the insured members. These check-ups are provided either once every year or once in a period of 2-4 policy years.
Additional Protection over Employer CoverageEmployers usually provide their employees with group health insurance coverage. However, these group plans might not have the sufficient coverage level or the required coverage benefits. Cigna TTK therefore offers employees with independent health insurance plans to supplement their employer’s coverage at affordable premiums.
Cashless BenefitManipalCigna has tied-up with leading hospitals across India to provide you with cashless claim benefits. Cashless claim is when you don’t have to shoulder your medical costs and your costs are paid directly by the insurance company. By partnering with leading hospitals, ManipalCigna provides customers easy access to cashless claims.
Claim Settement RatioManipalCigna also has 84.91%* claim settlement ratio as it endeavours to settle its claims quickly and smoothly. The company has a dedicated in-house claim management team which helps in getting your claims settled within the shortest possible time. *The claim settlement ratio change from time to time.
Coverage against Medical ExpensesThe health plans offered by ManipalCigna boast of some of the best coverage benefits. Coverage is offered for inpatient hospitalisation, day care procedures, organ donor treatments, domiciliary treatments, ambulance costs, etc. Moreover, under some plans, emergency worldwide coverage is also offered making the health plans of the company international in their scope of coverage.
Incurred Claim RatioThe Incurred Claim Ratio (ICR) of ManipalCigna was 62%* for the financial year 2018-19. The ICR is calculated by dividing the amount of claims paid with the total amount of premiums earned in a financial year. A low ratio indicates high profits and since ManipalCigna’s ICR was only 46.29%, it shows that the company earned handsome profits which helped strengthen the company’s finances. *The incurred claim ratio change from time to time.
Tax BenefitHealth insurance plans earn you tax benefits. The premiums that you pay for a health insurance policy are allowed as a tax-free deduction under Section 80D of the Income Tax Act. You can claim a maximum deduction of up to Rs. 55,000 (Rs. 25,000 for individual and Rs. 30,000 for senior citizen) under this section.
ManipalCigna Health Insurance Plan List
|Name of Plan||Sum Insured|
|Pro HealthMin: 91 Days; Max: No Limit||2 Lakh||Get Quotes Now|
|Lifestyle Protection Critical CareMin: 18 Years; Max: 65 Years||1 Lakh||Get Quotes Now|
|ProHealth SelectMin: 91 Days; Max: 65 Years||50 Thousand||Get Quotes Now|
|ProHealth CashMin: 91 Days; Max: 65 Years||500/day||Get Quotes Now|
|Arogya Sanjeevani PolicyMin: 3 months; Max: 65 years||1 Lakh - 5 Lakh||Get Quotes Now|
|Corona Kavach PolicyMin: 1 day ; Max: 65 years||50,000 - 5 lakh||Get Quotes Now|
ManipalCigna Health Insurance User Reviews
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ManipalCigna Health Insurance FAQs
Whom should I contact for claim intimation and settlement?
You can notify either InsuranceDekho or ManipalCigna directly by calling at customer care numbers for planned or emergency
hospitalisation. InsuranceDekho toll-free numberis 1800-120-5698.
What is the time limit for claim submission in case of the cashless facility?
You need to submit the claim within 15 days from the date of discharge from the hospital.
Is pre-policy medical checkup free?
Yes, ManipalCigna bears the cost of all pre-medical tests.
Does ManipalCigna share medical reports if a policy is not issued?
Yes, the medical reports are shared if you request in writing.
What to do if a cashless hospital is not available at my location?
You can choose a non-network hospital for the treatment and raise a reimbursement claim. However, you need to inform the insurance company within 48 hours of your admission in case of emergency and 3 days before in case of planned treatment.
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