Royal Sundaram Health Insurance

Royal Sundaram Alliance Insurance Company was the first private insurer to get the license in 2001 after privatization was allowed. Being one of the leading insurance companies in India, it offers many innovative solutions to its customers.  It is one of the relatively new health insurance company in India.

It is a joint venture of Sundaram Finance, which is one of India’s leading non- banking financial company and RSA, which is UK’s second largest insurer and has operations in almost 130 countries in the world.

Royal Sundaram Alliance Insurance Company offers many services to its customers; of which health insurance is one. They offer two types of health insurances:

• Family Health Insurance- (family floater plan) It is a comprehensive package to provide insurance cover to the insurer and his whole family which includes spouse, children and dependent parents with applicable age limits. Inpatient hospitalization, pre and post hospitalization are all covered in case of a illness or injury.  the coverage options available under this policy are; coverage for 2 adults, coverage for 2 adults and one dependant child and coverage for 2 adults and 2 dependant children.

• Health Shield online- this is an individual health insurance policy. it is available for individuals from 91 days to 75 years. Dependant parents up to 50 years of age are covered as part of the policy. It gives access to many value added services like cashless treatment at network hospitals, 24 hour helpline and ambulance referral facility. The plan can help you save tax under section 80 D of income tax act.

Benefits:

They were first ones who offered co branded credit cards, cashless hospitalization.  Easy documentation and hassle free claim settlements are

Third Party Administrator (TPA) services-

Royal Sundaram has tied up with 3 TPAs, who provide services to the customers. Medicare TPA services, Paramount TPA services and TTK TPA services provide administrative services to Royal Sundaram.