Star Health Insurance Company
Star Health and Allied Insurance Company Limited came into existence in the year 2006 offering various types of health insurance, overseas mediclaim insurance and personal accident policies. The company was established to specialize in the health insurance sector and today Star Health and Allied Insurance Company is a standalone health insurance provider in the market. The company was established with an objective to enable individuals enjoy the benefits of a health insurance policy and so the company took upon itself the task of developing and launching health insurance plans which are not only innovative but also cheap. Due to its dynamic policies, Star Health succeeded in its objectives and won awards and accolades recognizing its work. Some of the popular awards won by the company are as follows:
Claims Service Company of the Year award in 2014 for rendering good servicing of claims
Corporate Excellence Awards also in the same year
Best Claim Settlement Process Company in 2015
Best Health Insurance Provider of the Year 2015-16 by Business Today, Money Today Financial Awards.
Other than winning awards, the company also made tremendous progress in financial sense by developing its business. Some of the company’s achievements include the following:
It was the first standalone health insurance provider in its segments followed later by other companies.
As per the data collected by the General Insurance Council for the year ended 31st March 2015, Star Health was the top private standalone health insurer in terms of the premium underwritten. The net premium underwritten stood at Rs.1439.27 crores with a gross written premium of Rs.275.8 crores. This made the company grow by 30% ever since its inception in 2006.
As in 2015, the company had a pan India presence through 900 outlets.
In April 2016, the company crossed the Rs.2000 crore premium mark and in the quarter ended June 2016, the premium earned by the company stood at about Rs.3680 crores.
Besides offering basic health insurance which is unique in terms of their features, certain specialized plans are also offered by the company which is unique in the health insurance segment too. Some of the popular plans of the company include:
Family Health Optima Insurance Plan – a comprehensive health insurance plan for the whole family
Senior Citizens Red Carpet Health Insurance Policy – a senior citizen health plan for individual aged 60 years and above
Mediclassic Insurance Policy – another comprehensive health insurance plan
Super Surplus Insurance Policy – a top-up plan which increases the coverage at low rates of premiums
Diabetes Safe Insurance Policy – a specialized plan designed for diabetics
Star Cardiac Care Insurance Policy – a plan designed for cardiac patients
Why our users love us?
Understanding the various terms and complexity of buying a health insurance always bothered me and I always left the transaction mid-way. 121Policy is explanatory and easy to comprehend.
Tech Lead,Internet Startup
Pretty good site. I liked the fact that it works smoothly on mobile. It’s easy to navigate through various options. The filters thing is helpful in deciding.
"Simple and Easy"
I love this site. Have been procrastinating for long about buying insurance for my parents. This site makes it easy to understand everything.
The site is intuitive and easy to use. As easy as someone doing it for you personally.
"Great Post-Sales Team"
I had a lot of questions with respect to claims process. The support team was helpful in answering the doubts. I would have spent searching endlessly on the web otherwise
One of the most efficient support team I have spoken to. Understands the question with little effort and gets the work done. Highly recommended.
Paints and Chemical Trader,