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Reviews Of Magma HDI Health Insurance

Published On Aug 24, 2022 11:00 AM By InsuranceDekho

Magma HDI General Insurance Company Limited is a partnership between one of India's largest NBFCs, a multinational company with offices in over 150 countries.

Magma HDI has many different types of health insurance, such as individual health insurance, family health insurance, personal accident protection, group health coverage, etc. 

Reviews Of Magma HDI Health Insurance

All About Magma HDI General Insurance

Magma HDI General Insurance Company offers many types of insurance to its customers, such as health insurance, auto insurance, homeowner's insurance, burglary insurance, marine insurance, and fire insurance. The company also has a big presence all over the country because it has more than 130 locations. The insurance firm has garnered many honours for its performance throughout the year. 

Why Select Magma HDI Health Insurance?

Magma HDI Health Insurance provides a variety of services to its clients. Several examples are as follows:

  • High Claim Settlement Ratio: The claims settlement ratio is the number of claims an insurance company settles compared to the total number of claims it receives in a given fiscal year. During the 2018-2019 fiscal year, Magma HDI Health Insurance had an exceptional claim settlement ratio of 95.17 percent. The higher the CSR, the better.
  • Wide Network of Cashless Hospitals: With Magma HDI Health Insurance, it's easy and quick to settle a cashless claim because the cashless hospital network is so big. The insurance company works with more than 4,300 hospitals so that policyholders can get care without having to pay out of pocket. 
  • All-Time Support Availability: 24*7 Claim Assistance  Magma HDI Health Insurance provides its clients with round-the-clock, 24*7 customer support. Thus, you may contact the insurer at any time with questions or concerns.
  • Wide Range of Add-ons: Availability of Add-on Covers Magma HDI Health Insurance provides add-on covers, such as coverage for critical illnesses and accidents, to help you expand the coverage of your health insurance plans.

Advantages of Magma HDI Health Insurance

Magma HDI Health Insurance Plans provide the following primary health insurance benefits:

  • Free Yearly Health Exam - Magma HDI Health Insurance offers all adult insureds, regardless of claims, a free annual health exam.
  • Restoration of Sum Insured: Magma HDI Health Insurance provides the restoration of the policy's sum insured. So, the health insurance plan's sum insured amount goes back up after the base sum insured level is used up during the policy year. This prepares you for unexpected medical situations.
  • Worldwide Emergency Coverage: Under this plan, Magma HD Health Insurance would cover the policyholder's medical expenses incurred outside India.
  • Easy Policy Transfer: Magma HDI Health Insurance permits customers to transfer their current health insurance policy from another insurer or an existing product offered by them.


Health insurance has become a necessity today considering the rising medical costs in the country and the vulnerability of contracting diseases. The health insurance solutions offered by Magma HDI General Insurance serve as a guide for this necessity, as the plans are not only highly comprehensive but also customisable. 

Also read : 10 Benefits of Health Insurance Riders

Benefits of Senior Citizens Red Carpet Policy offered by Star Health & Allied 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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