What kind of hospitalisation expenses are covered under Magma Health Insurance?

Magma covers costs like doctor’s consultation, ICU charges, surgery, room rent, and medicines depending on your plan.

Does Magma Health Insurance cover OPD (Outpatient Department) visits?

Some Magma plans include OPD benefits for doctor consultations, tests, and medicines.

Are alternative treatments like Ayurveda and Homeopathy covered?

Yes, Magma covers AYUSH treatments in registered hospitals as per policy terms.

Is organ donor treatment covered under Magma Health Insurance?

Yes, expenses related to organ donor surgery are covered under certain plans.

Does Magma Health Insurance cover pre- and post-hospitalisation expenses?

Yes, diagnostic tests, medicines, and follow-ups before and after hospitalisation are covered for a specific number of days.

Where can I find the list of Magma’s network hospitals for cashless treatment?

The updated list is available on Magma’s website, mobile app, or by contacting customer support.

Can I track the status of my health insurance claim online?

Yes, Magma allows you to check your claim status through its portal or mobile app.

What should I do if my cashless claim request is denied?

If denied, you can pay the hospital and then apply for reimbursement with proper bills and documents.

Is there a maximum limit on how many claims I can file in a year?

There is no limit on the number of claims, but the total amount cannot exceed your sum insured.

Who should I contact in case of an emergency hospitalisation?

You can call Magma’s 24x7 helpline or the Third-Party Administrator (TPA) mentioned on your policy card.

What does ‘deductible’ mean in Magma Health Insurance?

It’s the fixed amount you agree to pay out of pocket before Magma starts covering expenses.

What is a no-claim bonus (NCB)?

NCB is a reward where your sum insured increases if you don’t make any claims in a policy year.

What is meant by the sub-limit in health insurance?

A sub-limit is a cap on how much you can claim for certain expenses like room rent, maternity, or specific treatments.

What does ‘restoration benefit’ mean?

It’s when your sum insured is automatically refilled if it gets used up during the year.

What is portability in health insurance?

Portability allows you to switch your existing health policy from another insurer to Magma without losing benefits.

How soon does Magma Health Insurance coverage start after purchase?

Coverage begins after the waiting period, except for accidents, which are covered from day one.

Can I buy a separate plan for my parents with Magma Health Insurance?

Yes, Magma offers senior citizen health insurance plans specially designed for parents.

What is the minimum and maximum entry age for Magma Health Insurance?

Children can be covered from 91 days, and adults can usually enter up to 65 years (varies by plan).

Can I pay my Magma Health Insurance premium in installments?

Yes, Magma allows monthly, quarterly, half-yearly, or annual premium payment modes.

How do I get a duplicate copy of my lost policy documents?

You can download it from the Magma customer portal or request a copy by contacting customer care.

OneAssure

Health Insurance

Magma

Magma Health Insurance

Get a Quote

96.84%

Claim Settlement Ratio

10,000+

Network Hospitals

7.9

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

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 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

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 Plans

OneHealth Senior Plan

Offers lifetime renewals for continuous protection
Entry age 56+, with no maximum age limit for renewals

OneHealth Senior Plan

Offers lifetime renewals for continuous protection
Entry age 56+, with no maximum age limit for renewals

Magma Health Insurance

About Magma

Magma Health Insurance

Magma Rating

Overall Rating

7.9

out of 10

Solvency

3.1/4

ICR

1.9/3

Growth

2.9/3

Performance Index

Gross Direct Premium

Magma

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Industry Average

0Cr

ICR%

Magma

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Industry Average

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Magma

Industry Average

Overall Rating

7.9

out of 10

Solvency

3.1/4

ICR

1.9/3

Growth

2.9/3

Performance Index

Gross Direct Premium

Magma

0Cr

Industry Average

0Cr

Magma

Industry Average

Performance Index

ICR%

Magma

0%

Industry Average

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Magma

Industry Average

Magma Health Insurance

Customer Testimonials

Real experiences from our valued customers who have chosen our insurance coverage.

Have been associated with Ruchir and his team… They have provided me excellent guidance in choosing the right plans for myself and my family……always been available to assist with any insurance/claim queries.

Nakul N

I want to sincerely thank Sunad for being there for me throughout the entire claim process. He helped me through so many ups and downs, always patient and ready to support when things got tough. I honestly don’t know how I would have managed without his guidance and encouragement. Sunad made a difficult situation feel a lot less stressful, and I’m truly grateful for his kindness and steadfast help.

Prashant Pandey

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

Have been associated with Ruchir and his team… They have provided me excellent guidance in choosing the right plans for myself and my family……always been available to assist with any insurance/claim queries.

Nakul N

I want to sincerely thank Sunad for being there for me throughout the entire claim process. He helped me through so many ups and downs, always patient and ready to support when things got tough. I honestly don’t know how I would have managed without his guidance and encouragement. Sunad made a difficult situation feel a lot less stressful, and I’m truly grateful for his kindness and steadfast help.

Prashant Pandey

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

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

I am truly grateful for the support and guidance I received in settling my insurance claim. The entire process was handled with great professionalism, clarity, and efficiency. Their prompt response, deep knowledge of the procedures, and consistent follow-ups ensured a smooth and hassle-free experience.Thank you once again for your invaluable help, highly recommended!

Yogesh Meena

I recently had the pleasure of purchasing health insurance for my parents through this company, and my experience has been exceptional...The team was incredibly patient and took the time to explain every detail to me. No matter how many times I asked questions, they were always calm and thorough in their explanations. Their professionalism and dedication made a significant difference in helping me make an informed decision.

Akash Kumar

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

Had a great experience with OneAssure during my insurance claim process. A special shoutout to Sunad Raj for his exceptional support, he was professional, responsive, and guided me every step of the way. Thanks to his consistent follow-ups and clear guidance, the entire claim settlement was smooth and hassle-free. Highly recommend OneAssure for their service and transparency!

Sanjay Dakalia

The team is very professional and prompt. I would have all my health and life insurance needs met through them.

Harish Jindal

Very professional service from Ruchir & Aman. They were recommended by a friend who had a positive experience with them. I have taken both health and life policies through them and they have advised me well throughout the process and found the best options available in the market. I had a medical condition due to which it was difficult to find a suitable health policy in the market, however this team was able to find one for me. I would recommend their services to anyone looking to buy health or life insurance.

Siddhartha Saha

Wonderful experience with Prost. Right from suggesting the insurance products to claim process the entire experience hai been seamless. They do not mis-sell and are very transparent. Sundar Raj from the team has been wonderful and ensured prompt guidance. All the best Ruchir and keep up the good work!

Adarsh Ravindranathan

Magma Health Insurance

Pros and Cons

Pros

Covers 540+ daycare and modern treatments.
Includes maternity, newborn, and AYUSH benefits.
Smaller hospital network than major insurers.
Longer waiting period for some conditions.
Wide coverage options (₹2 L–₹1 Cr) for all needs.
Free health check-ups and wellness rewards.
Strong claim settlement ratio (~95%).

Cons

Occasional claim or service delays reported.
High-end features only in premium plans.

Pros

Covers 540+ daycare and modern treatments.
Includes maternity, newborn, and AYUSH benefits.
Smaller hospital network than major insurers.
Longer waiting period for some conditions.
Wide coverage options (₹2 L–₹1 Cr) for all needs.
Free health check-ups and wellness rewards.
Strong claim settlement ratio (~95%).

Cons

Occasional claim or service delays reported.
High-end features only in premium plans.

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 Types

Individual Health Insurance

It provides coverage for just one person. It pays for medical expenses like hospitalisation, treatment, and doctor’s fees.

Family Floater Health Insurance

It protects the entire family under one policy. The insured amount can be shared by any member whenever needed.

Group Health Insurance

It is usually offered by companies to their employees. It gives health cover to many people together under a single plan.

Top-Up and Super Top-Up Plans

It adds extra protection when your main health insurance limit is crossed. It pays the additional hospital bills beyond your basic policy.

Senior Citizen Health Plans

It is specially designed for older people. It supports higher medical needs and reduces the stress of big hospital expenses.

Personal Accident Insurance

It provides financial support in case of accidents. It covers hospitalization costs and may also offer compensation for related losses.

Individual Health Insurance

It provides coverage for just one person. It pays for medical expenses like hospitalisation, treatment, and doctor’s fees.

Family Floater Health Insurance

It protects the entire family under one policy. The insured amount can be shared by any member whenever needed.

Group Health Insurance

It is usually offered by companies to their employees. It gives health cover to many people together under a single plan.

Top-Up and Super Top-Up Plans

It adds extra protection when your main health insurance limit is crossed. It pays the additional hospital bills beyond your basic policy.

Senior Citizen Health Plans

It is specially designed for older people. It supports higher medical needs and reduces the stress of big hospital expenses.

Personal Accident Insurance

It provides financial support in case of accidents. It covers hospitalization costs and may also offer compensation for related losses.

Documents Required

ID Proof

Aadhaar Card, PAN Card, or Passport

Address Proof

Utility Bill, Voter ID, or Driving License

Age Proof

Birth Certificate, School Certificate, or Driving License

Recent Photographs

Passport-size photos for identification

Income Proof

Required for high sum insured plans (Salary Slip, ITR, or Form 16)

ID Proof

Aadhaar Card, PAN Card, or Passport

Address Proof

Utility Bill, Voter ID, or Driving License

Age Proof

Birth Certificate, School Certificate, or Driving License

Recent Photographs

Passport-size photos for identification

Income Proof

Required for high sum insured plans (Salary Slip, ITR, or Form 16)

Magma Health Insurance

Claim Settlement Process

Quick and hassle-free claim settlement with dedicated support to ensure timely approvals and smooth hospital experiences

1-5 of 6 Process

Magma Health Insurance

Renewal Process

Easily renew your policy online or offline to enjoy uninterrupted health coverage

Magma 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

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

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?

Follow these simple steps to purchase your Magma 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

FAQs

Frequently Asked Questions

Got questions about health insurance? You’re not alone. Here are some of the most commonly asked questions to help you understand plans, coverage, claims, and benefits better.