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Care Insurance Care Supreme

Introduction to Care Insurance Care Supreme

Care Insurance Care Supreme is a health insurance policy offered by Care Health Insurance. A health insurance plan promises to pay for hospitalization expenses as well as expenses incurred before and after a hospitalization. Care insurance's Care Supreme Plan provides highly flexible coverage and a variety of benefits, making it a popular choice in the market.

Verdict: Care Insurance Care Supreme

This plan is slightly less expensive than other plans on the market today. You get a No Claim Bonus for every year you don't make a claim. The No Claim Bonus under this plan can accumulate up to 600%. However, you cannot choose a sum insured greater than 15 lakhs, and the plan is only available as a floater, not on an individual basis. This means that you can only purchase this plan if you want to cover two or more people. It also does not allow you to pay the premiums on a monthly basis. Furthermore, according to our research, the insurer has received a higher number of claim settlement and policy purchase complaints. This implies that the insurer has a poor track record in terms of both purchasing and claims service.

Pros & Cons: Care Insurance Care Supreme

  • arrow Slightly cheaper than other products in the market
  • arrow No restrictions on the type of hospital room you choose
  • arrow Offers No Claim Bonus up to 600%
  • arrow Maximum sum insured you can choose is ₹15 Lakhs
  • arrow Only available for families, not individuals
  • arrow Monthly premium payment mode not available
  • arrow Received higher number of complaints during policy purchase compared to other insurers
  • arrow Received higher number of complaints on claim settlement compared to other insurers
  • arrow Our study observed their responses on Twitter to be relatively slower than other insurers

Specific Exclusions: Care Insurance Care Supreme

01 Injury or illness directly or indirectly due to participation in professional or semi-professional naval, military, or air force operations or aviation
02 External durable equipments of any kind used for diagnosis or treatment, unless necessitated due to accident
03 Expenses related to hair fall treatments and products
04 Expenses for screening, counseling or treatment related to external birth illness, defects or anomalies
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About Care Health Insurance Company Limited

Care Health Insurance Company Limited logo

Care Health Insurance (formerly known as Religare Health Insurance Company Limited) is a specialized health insurance company in India. The company provides Health Insurance, Top-up Coverage, Personal Accident, Maternity, International Travel Insurance, and Critical Illness products in the retail segment, as well as Group Health Insurance and Group Personal Accident Insurance for Corporates, etc. It was founded in 2012 and is headquartered in Gurgaon, Haryana. Mr. Anuj Gulati is the company's CEO and MD.

Founded in
2012
JV Partners
-
Turnover (GWP)
2666.45 Crores
Number of Policies
17,83,636
Number of Claims
6,13,992

Detailed Product Specs: Care Insurance Care Supreme

Claims Experience advisor
Customer Service advisor
Product Benefits advisor
Limits and Exclusions advisor
% of claims settled in less than 30 days
Reflects on the speed of settling valid claims
99.79%
% of Complaints received on overall claims
% customers unhappy with claims experience
0.29%
Claims Incurred Ratio
53.32%
Claim Settlement Ratio (No. of claims)
What % of the claims received were paid?
74.37%
No. of Cashless Hospitals
19,000+
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