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How To Pay For Magma HDI Insurance Premium Online?

Published On Aug 19, 2022

Regardless of health, everyone can have a medical emergency. Buying health insurance is the best way to protect against medical inflation because the expense of healthcare is rising dramatically every year. High-quality medical care does not need patients to spend all of their savings. Plans from Magma HDI Health Insurance offer the policyholder complete protection at a fair price. Additionally, they offer several advantages that draw clients in. Here are some of the main advantages of purchasing a Magma HDI Health Insurance plan and how to pay magma HDI health insurance premium online.

How To Pay For Magma HDI Insurance Premium Online?

How Do I Pay The Online Health Insurance Premium With Magma HDI?

You can pay your premium  online by following these simple steps.

  • Go ahead and submit a policy number and birthdate. Note: Each customer receives a personalised 23-digit alphanumeric Policy Number from Magma HDI Health Insurance Company.
  • Click Proceed after entering the premium for your Magma HDI health insurance.
  • Use a One Time Password (OTP) to log in or register using your mobile number.
  • Fill out the payment information for Magma HDI Health Insurance.
  • Finally, you pay for your Magma HDI health insurance recharge online.

How To Download An Online Receipt For A Magma HDI Health Insurance Premium Payment?

It is very quick and simple to download the Magma HDI health insurance premium payment receipt online. By doing the following, you can download it from the internet:

  • Visit theMagma Insurance website.
  • Register with your Account.
  • Enter the necessary information, such as your policy number or email address.
  • Afterwards, save a copy of your Premium payment receipt for your records.

Benefits Of Magma HDI Health Insurance Premium Online

  • Medical Coverage - The plan aids the insured in obtaining medical coverage for unanticipated medical costs resulting from a disease or unintentional damage.
  • Coverage for Everyone - It provides protection for single people as well as families, including young people and the elderly.
  • Numerous Sum Insured Alternatives — The Magma HDI Health Insurance plans offer a variety of options, allowing policyholders to select the appropriate level of coverage based on their requirements and budget.
  • Hospitalisation Without Cash - The insured may use the more than 4300 network hospitals nationwide operated byMagma Insurance without having to pay any cash.
  • Claim Support - The insurance provides claim assistance to its policyholders twenty-four hours a day, seven days a week.
  • Long-term Policy Discounts - If a policyholder purchases a plan with a 2-year or 3-year tenure, they will receive long-term policy discounts of 10% and 12.5%, respectively.
  • High Claim Settlement Percentage - With a 94.41% claim ratio,Magma Insurance has a high ratio. This ratio shows that your chances of having your claims accepted by insurer are higher.
  • Tax Benefits - Under Section 80D of the Income Tax Act of 1961, it enables the policyholder to take advantage of tax deductions on the premium amount.


We can categorically state that purchasing Magma HDI health insurance is easy. The Magma HDI health insurance policies are very comprehensive and cover almost all medical needs. The company offers five main insurance policies from which a person can choose based on his or her needs. Each insurance provides a wide range of extra features and advantages that can be beneficial to the beneficiary.

Also read: How Is Manipal Cigna Health Insurance?

How Is Digit Health Insurance?


This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

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