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Royal Sundaram Company is one of the most trustworthy and reliable insurance companies in India. They offer tailor-made health insurance plans to suit the precise requirements of individuals and families with comprehensive coverage. With Royal Sundaram health policies you get to insure 19 members of a family under one cover. With 81.50% claim settlement ratio, Royal Sundaram Health Insurance company is definitely one of the best insurance providers for procuring your health insurance. Not only in India, Royal Sundaram Insurances have their influence in numerous countries around the globe.
They are one of the key players in the field of insurance with a far-extending product range in different insurance sectors such as Motor, Health, Travel, Home and Business among others. The best part about the robust health plans offered by Royal Sundaram Health Insurance is their cost-effective premium rates. Also, they are among the first insurers to provide cashless claim facilities along with the facility of cash allowances, network hospitals and so on. The insured can easily calculate the premium amount of health plans with the Royal Sundaram premium calculator to know how much they must pay for a particular policy.
Key Features | Specifications |
Network Hospitals Available | 5000+ |
Waiting Period (Pre-existing Ailments) | 3 years |
Claims Settlement Ratio | 81.50% |
Policies Issued | 1, 85, 450 |
In-house Claim Settlement | Available |
Renewability | Lifelong |
* Year 2019-20 Data
Royal Sundaram Health Insurance offers numerous benefits. The prominent among them include:
Here are some of the top Royal Sundaram Health Insurance Plans:
This insurance plan comes with a sum insured amount of Rupees. 50 lakhs and is available for individual as well as family floaters. Here are some details:
Features:
This is a comprehensive plan that offers benefits of all-inclusive health insurance coverage including emergency cover, critical illness cover and so on.
Features:
This plan is available for anyone above 18 years of age.
Features:
This is a comprehensive Royal Sundaram health insurance policy suitable for large Indian families. It is available with affordable premium costs offering coverage up to 19 members in a family.
Features:
This plan covers additional charges such as commuting expenses to and fro hospital, patients food, attendants lodging and so on. This plan can be bought as an add-on with a basic health plan. With this plan, you get the Royal Sundaram health insurance renewal option of lifelong renewal.
Features:
You can follow the steps below to buy a Royal Sundaram medical insurance policy online:
Below are the steps to be followed for Royal Sundaram policy renewal:
There are 2 ways to file a claim for Royal Sundaram Health Policy:
1. Reimbursement Claims, and
2. Cashless Claims
Below are the steps to be followed to claim a Royal Sundaram Health insurance through reimbursement process.
Reimbursement Claim:
Cashless Claim:
Here are the steps to proceed in case of cashless Royal Sundaram mediclaim process:
Claim Settlement Ratio is the ratio of claims that are settled by an insurer during a policy year as against the complete claims that the insurer receives during the year.
The claim settlement ratio of Royal Sundaram for the financial year 2018-19 was 77.32%, while it was 81.50% for the financial year 2019-20.
Financial Year | Claim Settlement Ratio |
2018-2019 | 77.32% |
2019-2020 | 81.50% |
PayBima Team
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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