Magma Health Insurance
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96.84%
Claim Settlement Ratio
10,000+
Network Hospitals
8.1
Overall Rating
Magma Health Insurance
Our Verdict About Magma Health Insurance
Magma HDI offers solid, all-round health coverage with wide options and modern features.
What We Like
8,600+ network hospitals and lifetime renewability
Add-ons like critical illness and wellness benefits
Covers hospitalisation, daycare, and donor expenses
Sum insured from ₹2 lakh to ₹1 crore
Areas of Improvement
Premiums can be higher for rich cover plans
Sub-limits and co-pay in lower variants
Waiting periods for pre-existing diseases
Final Verdict
Magma Health Insurance offers flexible plans for families, seniors, and individuals, with a good hospital network and fair claim ratios. It delivers strong value for those wanting comprehensive cover , modern treatment inclusion, high sum insured and good flexibility. It stands out for upscale features and wide choice of variants.However,...
Magma Health Insurance offers flexible plans for families, seniors, and individuals, with a good hospital network and fair claim ratios. It delivers strong value for those wanting comprehensive cover , modern treatment inclusion, high sum...
Magma Health Insurance
Top Magma Health Insurance Plans
OneHealth Plan
Pays for pre and post-hospitalisation tests, medicines, and follow-ups
Offers automatic restoration of cover and no-claim bonus
Most Popular
Arogya Sanjeevani Plan
Includes daycare procedures not needing overnight stay
Affordable, beginner-friendly health insurance
Arogya Rakshak Plan
Affordable for students, young employees, and first-time buyers
Low-cost plan with essential health coverage
Magma Health Insurance
Other Magma Health Insurance Plans
OneHealth Senior Plan
Offers lifetime renewals for continuous protection
Entry age 56+, with no maximum age limit for renewals
Magma Health Insurance
About Magma Health Insurance
Magma Health Insurance is the healthcare arm of Magma General Insurance, widely known as Magma HDI. It came up as a joint venture between India’s Magma Fincorp (now Poonawalla Fincorp) and Germany’s HDI Global SE, a part of the Talanx Group based in Hannover. The company is focused on providing...
Magma Health Insurance is the healthcare arm of Magma General Insurance, widely known as Magma HDI. It came up as a joint venture between India’s Magma Fincorp (now Poonawalla Fincorp) and Germany’s HDI Global SE,...
Magma Health Insurance
Magma Health Insurance Rating
Overall Rating
8.1
out of 10
Solvency
2.8/4
ICR
1.9/3
Growth
3.4/3
Performance Index
Gross Direct Premium
Magma Health Insurance
0Cr
Industry Average
0Cr
ICR%
Magma Health Insurance
0%
Industry Average
0%
Magma Health Insurance
Industry Average
Magma Health Insurance
Customer Testimonials
Real experiences from our valued customers who have chosen our insurance coverage.
OneAssure helped me understand my needs and choose a product that was right for me. There was no pressure tactics or mis-selling. This experience was respectful, informed, and completely stress-free.
Shreya Goyal
My heartfelt thanks to the OneAssure team for making my insurance claim process effortless. Right from the very first interaction, they demonstrated professionalism, clear communication, and an impressive command of the procedures involved. Their swift updates, timely guidance, and persistent follow-through removed all the stress from what could have been a complicated experience.
Anju Renjith
Had a great experience with them during a difficult time. After my mother’s accident, we had to pay the hospital bill upfront, as cashless wasn’t available. They guided us through the reimbursement process, helped file the claim, and consistently followed up with the insurer until it was settled. Their support with the post-hospitalization claim was equally prompt and thorough.
Jatin Gala
Magma Health Insurance
Pros and Cons
Pros
Cons
Magma Health Insurance
Need help finding the right health plan?
Our experts offer personalised recommendations tailored to your age, family size, and health profile, ensuring you select the ideal coverage
Magma Health Insurance Types
Documents Required
Magma Health Insurance
Claim Settlement Process
Quick and hassle-free claim settlement with dedicated support to ensure timely approvals and smooth hospital experiences
Magma Health Insurance
Renewal Process
Easily renew your policy online or offline to enjoy uninterrupted health coverage
Magma Health Insurance Network Hospitals
10,000+
Network hospitals across the country for cashless treatment
700+
Cities covered nationwide for easy access to quality healthcare
700+
States and union territories ensuring comprehensive coverage
Magma Health Insurance
Features Comparison
Senior Citizen Health Plan
Secure against age-related medical costs
Tailored for seniors healthcare needs
Most Popular
Family Health Plan
One policy covers the entire family
High sum insured with cashless care
Multiple coverage options based on your family needs
Maternity Health Plan
Covers delivery, newborn care, and maternity expenses
Reduces financial stress of childbirth costs
Magma Health Insurance
How to Buy Magma Health Insurance?
Follow these simple steps to purchase your Magma Health Insurance health insurance policy and secure comprehensive coverage for you and your family.
Things to Remember
Magma Health Insurance
Still Confused? Get Expert Guidance
Our insurance experts can help you compare plans and find the best coverage for your needs
Magma Health Insurance
Frequently Asked Questions
Get answers to common questions about our insurance policies and services.
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