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Royal Sundaram Multiplier

Introduction to Royal Sundaram Multiplier

Royal Sundaram Multiplier Plan is a health insurance policy offered by Royal Sundaram General Insurance Company Limited. A health insurance policy acts as a protective shield for savings and healthcare, so you and your family can live a happy, fulfilling life. With Royal Sundaram’s Multiplier Plan, you can have peace of mind knowing that you and your loved ones will have access to the required medical care without worrying about the financial burden of unexpected medical expenses. It offers a range of unique benefits and features, making it a preferred choice among individuals.

Verdict: Royal Sundaram Multiplier

This plan is an ideal option for those seeking affordable and comprehensive health insurance coverage. It offers a range of features and benefits that makes it a favorable choice. In addition to its competitive pricing compared to similar products in the market, it provides coverage for various expenses such as mobility devices like wheelchairs, crutches, etc., coverage for app-based cab services like Ola and Uber, and so on. It also offers coverage for pre-existing diseases like Asthma, BP, Cholesterol, and Diabetes from the 31st day of policy purchase. The plan, however, doesn't offer the monthly premium payment option. And, based on our research, the insurer has received higher policy purchase complaints but has fewer claim settlement complaints.

Pros & Cons: Royal Sundaram Multiplier

  • arrow Cheaper than other products in the market
  • arrow No restrictions on the type of hospital room you choose
  • arrow Covers PEDs like Asthma, BP, Cholesterol, Diabetes is available from 31st day onwards
  • arrow Offers an additional amount equal to 4X the Sum Insured plus No Claim Bonus in life-threatening situations
  • arrow Ambulance coverage includes app-based cabs
  • arrow Covers expenses related to mobility devices such as wheel chairs, crutches, etc.
  • arrow Covers non-medical expenses or the cost of consumables such as gloves, oxygen masks, nebulization kits, etc.
  • arrow Received fewer complaints on claim settlement compared to other insurers
  • arrow Monthly premium payment mode not available
  • arrow Received higher number of complaints during policy purchase compared to other insurers
  • arrow Our study observed their responses on Twitter to be relatively slower than other insurers

Specific Exclusions: Royal Sundaram Multiplier

01 Expenses related to non-allopathic or alternative treatment, except for AYUSH treatment.
02 Circumcision unless necessary for treating a disease or injury.
03 Injury or disease due to war, invasion, act of foreign enemy, and warlike operations.
04 Expenses for treatment related to external birth defects.
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About Royal Sundaram General Insurance Company Limited

Royal Sundaram General Insurance Company Limited logo

Royal Sundaram General Insurance Company Limited (formerly known as Royal Sundaram Alliance Insurance Company Limited), is the first private sector general insurance company in India to be licensed by the IRDAI. The company offers Motor, Health, Personal Accident, Home, and Travel Insurance to individual customers and specialized insurance products like Fire, Marine, Liability Insurance, etc. to corporates. It was founded in 2001 and is headquartered in Tamil Nadu, Chennai. Mr. S. Viji is the company's chairman.

Founded in
JV Partners
Sundaram Finance Ltd. and Ageas Insurance
Turnover (GWP)
135.09 Crores
Number of Policies
Number of Claims

Detailed Product Specs: Royal Sundaram Multiplier

Claims Experience advisor
Customer Service advisor
Product Benefits (10L Sum Insured) advisor
Limits and Exclusions advisor
% of claims settled in less than 30 days
Reflects on the speed of settling valid claims
% of Complaints received on overall claims
% customers unhappy with claims experience
Claims Incurred Ratio
Claim Settlement Ratio (No. of claims)
What % of the claims received were paid?
No. of Cashless Hospitals

  1. The health insurance data was last updated in June 2023. All data has been sourced from product brochures, policy wordings, prospectus, public disclosures (Q1, FY 2023-2024), IRDAI annual report (2021-22), insurer websites, and the IRDAI website. 
  2. For now, we have considered the most comprehensive plans from leading insurance companies. We will keep updating the product pages with new plans in the coming days.
  3. We have rated only those plans that can be serviced by individual advisors. This is because of our strong belief that health insurance customers need professional assistance from individual advisors before and after purchase. We do not recommend and hence do not rate direct-to-customer health insurance plans or plans where there aren't enough advisors available to service. 
  4. Affordability assessment of plans: 
    • The affordability of comprehensive plans is assessed using premiums for a family of two adults (30 years old) and one child (1 year old) residing in Zone 1 opting for a cover of ₹10 Lakhs. And, the premiums are as of 31st June 2023.
    • The affordability of Care Freedom Plan is assessed using premiums for a 30-year-old male residing in Zone 1 opting for a cover of ₹5 Lakhs. And, the premiums are as of 31st June 2023.
  5. The product benefits section is based on a sum insured of ₹10 Lakhs and only highlights the top benefits and features of health insurance plans. 
  6. Only those hidden and special conditions that apply to the benefits and features we have considered are included in the product pages. 
  7. The product pages only include the most significant specific exclusions under each plan.
  8. The product pages do not include any generic terms, conditions, or exclusions (those that are the same and apply to all health insurance plans).
  9. If the policy wording, brochure, or prospectus state that a benefit/feature is available with a specific plan but it is not available online when generating the premium quote, we have not considered that benefit/feature to be available with the plan.
  10. The response time on Twitter (Beta) was calculated using a sample set of tweets from April, May, and June 2022 (analyzed in August, September, and October 2022). 
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