Need To Know About HDFC Ergo Health Insurance Plans

 HDFC Ergo Health Insurance is a leading health insurance company and is a tie-up between HDFC Limited and ERGO International. It was founded in the year 2002 and since then, it has been providing several general insurances. It has a wide range of plans to offer to its customers like top-up plans, indemnity plans, fixed benefit plans,  mediclaim policies, etc. 

HDFC Ergo Health Insurance has a wide network of 10,000+ hospitals which provide cashless treatments to the policyholders. It is the second-largest private health insurer in the market. According to the IAAA ratings by the ICRA, it possesses the highest ability to resolve claims and provide quality service to its customers. With all the best services provided by the company, it has gained a huge base of trust among its customers. 

Key Features of HDFC Ergo Health Insurance

Having health insurance is an integral part of your investments as it ensures that you and your family members are protected in times of an emergency and your income is not drained by the expenses incurred in medical treatments. 

Being a prominent and famous company in the insurance market, HDFC Ergo Health Insurance has its own set of unique features which makes the company stand out among the others. Let us look at some of the important features of the company:

• Renewability 

To keep you ready in case of an emergency or mishap, the HDFC Ergo Health Insurance provides its policyholders an option of lifelong renewability. The policies can be renewed quickly and effectively through the online portal of the company. 

• Market Share

With the provision of advanced plans and policies, the company has witnessed significant growth in the past few years. In the rankings on the basis of the services provided, HDFC Ergo Health Insurance has bagged the 2nd position. The company commands a market share of 7.1% when compared to the other leading health insurance companies. 

• Claim Support

The claim settlement ability of the company is effective and it makes the company the most reliable firm in the insurance market. The HDFC Ergo Health Insurance has settled 86.52% of the claims in a period of 3 months in the year 2019-20. 

• Network Hospitals

HDFC Ergo Health Insurance company has a network of around 10,000+ hospitals, which can provide cashless treatment to its policyholders. In the network hospitals of a health insurance company, the claim is settled directly without much documentation. 

Reasons to Buy HDFC Ergo Health Insurance Plans 

The above features of the HDFC Ergo Health Insurance company make it a trustworthy firm among the customers and gives them an option worth considering while buying a health insurance plan. Now, let us look at some of the features of the policies provided by the HDFC Ergo Health Insurance, which are unique and useful for the customers: 

• No Age Restrictions

The only eligibility criteria for age to purchase a health insurance plan with HDFC Ergo is that you should be 18 years and above. With this minimum requirement, you can purchase the policies for any age group.
 

• AYUSH Benefits

The health insurance coverage provided by HDFC Ergo Health Insurance plans includes other means of treatment like Ayurveda, Siddha, Unani, or Homeopathy. It is mostly recommended for senior citizens to include this feature in their policy for the treatment of pre-existing ailments. 

• Discounts Available

Different ranges of discounts are available on the plans by HDFC Ergo Health Insurance like a family discount, loyalty discount, and long-term policy discount. Discounts differ according to the plans that you choose. 

• Easy Payment Options

The plans available at HDFC Ergo Health Insurance are affordable for all types of policyholders. The premiums can be paid in installments