IIFL Health Insurance
IIFL Health Insurance at a Glance
IIFL Health Insurance, offered through IIFL Finance and its partners, is rapidly becoming one of India’s top choices. It provides a wide range of medical insurance plans suitable for people from all walks of life. You can find options for individuals, families, senior citizens and even critical illness cover. The IIFL health insurance plans are known for simple claim process, affordable premium, and extensive cashless hospital network.
Primary keyword “IIFL Health Insurance” and synonyms like medical insurance policy, health cover India, mediclaim plan, policy premium, cashless hospitals, etc, are an important part of your decision journey in 2025.
Why Choose IIFL Health Insurance Plan in 2025?
What Makes IIFL Health Insurance Unique?
IIFL’s health insurance plans stand out because they focus on value, flexibility, and customer support. In 2025, the following features make IIFL a preferred choice:
- Wide Network: 10,000+ cashless hospitals across India.
- Quick Claim Settlement: 93 percent claims settled in under seven days.
- Affordable Premiums: Options starting below ₹2500 per year.
- Family Floater Options: Cover your entire family under a single policy.
- Paperless Process: Buy and renew policy online in minutes.
- 24x7 Support: Assistance for emergencies throughout India.
- Covers AYUSH Treatments: Homoeopathy, Ayurveda, Unani, Siddha, and more.
Did you know?
According to IRDAI’s 2025 report, customers rate IIFL Health Insurance’s claim support as one of the friendliest in India. This means less paperwork and faster reimbursements when you need it the most!
How Does IIFL Health Insurance Policy Work?
What is Included in IIFL Health Cover?
With IIFL Health Insurance, you get financial protection for various health expenses. Here is what most plans cover:
- Hospitalization charges including room rent and ICU
- Pre and post-hospitalisation expenses (usually 60 to 180 days)
- Day care procedures that do not need 24-hour admission
- Doctor consultation, diagnostic tests and ambulance cost
- Organ donor expenses
- AYUSH treatments (for alternate therapies)
- Maternity and newborn cover in select plans
- No claim bonus discount, annual health checkup in some policies
Key Highlights to note:
- Policy coverage amounts ranging from ₹2 lakh to over ₹1 crore
- Custom options for sum insured as per your budget
- Option to add top-up cover for extra protection
What Types of IIFL Health Insurance Plans are there?
Which Plan Should You Buy for Your Family in 2025?
Depending on your needs, budget, and family size, IIFL offers:
1. Individual Health Insurance Plan
- Best for young people, self-employed or singles
- Coverage for hospital and healthcare expenses
- Choose sum insured as per your requirement
2. Family Floater Health Insurance
- Covers entire family (self, spouse, kids, parents) under single premium
- All family members can use full sum insured
- Premium is more affordable than individual cover for each
3. Senior Citizen Health Plans
- Specially designed for people above 60 years
- Includes features like domiciliary hospitalisation, higher sum insured, no claim bonus, etc.
4. Critical Illness Cover
- Fixed payout sum if diagnosed with illnesses like cancer, kidney failure, heart attack, etc.
- Can be bought as a standalone or add-on to regular policy
5. Group Health Insurance
- Suitable for small businesses, startups, and employers providing cover to staff
- Customisable features, wide network, and digital administration
Comparison Table: Individual vs Family Floater
| Feature | Individual Plan | Family Floater Plan |
|---|---|---|
| Who is covered? | One person | Whole family |
| Premium per person | Higher | Lower (shared) |
| Sum insured sharing | No | Yes |
| Suitable for | Singles, Self-employed | Couples, Parents, Kids |
| Tax benefit | Yes | Yes |
Expert Insight:
Health planners recommend family floater plans for young and growing families in 2025 as it is pocket friendly and covers all needs together.
How Much is the IIFL Health Insurance Premium?
What Factors Affect My Premium in 2025?
The amount you pay for your health insurance policy, called the premium, is based on:
- Age of insured members (higher age, higher premium)
- Sum insured you opt for (more coverage, higher premium)
- Number of people covered (family size)
- Pre existing health issues or risky habits (like smoking)
- Add on covers like critical illness, personal accident, maternity
Sample Premium Table (2025 rates from IIFL Health Insurance online quote):
| Age Group | Sum Insured | Premium (Annual) |
|---|---|---|
| 25 yrs | 5 lakh | ₹2700 |
| 35 yrs | 5 lakh | ₹3500 |
| Family (2A+1C) | 10 lakh | ₹7600 |
| Senior Citizen (65 yrs) | 5 lakh | ₹12,400 |
Discount alert:
- Get up to 15 percent off for buying policy for 2 or more years
- Save up to ₹500 more through fincover online comparison (2025 exclusive)
What is the IIFL Health Insurance Claim Process?
How Do I Claim Cashless or Reimbursement in 2025?
When you need hospitalisation or treatment:
- Show your health insurance e-card at any network hospital.
- Hospital notifies IIFL health claim team for approval.
- Once approved, you get cashless treatment up to your sum insured.
- On discharge, the insurer settles the bill directly with hospital.
If you do not use a network hospital, you can:
- Pay the bill yourself, keep all documents and bills.
- File for claim reimbursement online or via partner agent.
- Get money credited to your bank account in 7 working days.
Easy Claim Steps:
- Intimate claim within 48 hours (emergency) or 3 days (planned)
- Upload or submit original bills, doctor’s prescription, discharge summary
- All claims can be tracked online through website or mobile app
Did you know?
In 2025, over 87 percent of IIFL policyholders use the cashless claim facility as it is faster and requires minimum paperwork.
What is Not Covered by IIFL Health Insurance?
Any Exclusions I Need to Know in 2025?
No health insurance policy covers every expense. With IIFL Medical Insurance Policy, some common exclusions are:
- Treatment for self inflicted injury or suicide attempt
- Cosmetic surgery, dental or eye unless due to accident
- Pre existing illness during first 2 to 4 years (waiting period)
- War, civil unrest, or nuclear risk related claims
- Experimental or unproven medical procedures
- Sexually transmitted infections, HIV AIDS treatment
Some policies may not cover maternity expenses in first year or organ donor surgery charges. Make sure you read your policy details carefully.
Expert insight:
Always check waiting periods for pre existing diseases and sub limits for room rent to avoid surprises during claim time.
How to Compare and Buy IIFL Health Insurance Online?
What is the Best Way to Apply for IIFL Health Insurance in 2025?
Buying a suitable health insurance policy is easy, quick and can be done in 10 minutes. It is smart to compare various options before choosing the sum insured and add ons.
Three Step Process using fincover.com:
- Visit fincover.com and choose “Health Insurance” compare.
- Enter basic details like age, location, sum insured required, number of people, etc.
- View, compare plans by features and premium from IIFL and other top providers side by side.
- Select best option, fill medical declaration, and pay first premium online.
- Get instant policy PDF and ID card by email or WhatsApp.
Why choose Fincover.com?
- Lowest premium deals and instant policy purchase
- Expert support for. claim assistance at every step
- Reliable comparison with clear benefits and features
Did you know?
In 2025, 6 out of 10 urban Indians buy health insurance online using search and digital platforms for better deals and wider choice.
What Are the Extra Benefits of IIFL Health Insurance in 2025?
Are There Loyalty, Add Ons, or Reward Programs?
Besides regular coverage, IIFL Health Insurance offers:
- Cumulative bonus: Get extra sum insured every claim free year, upto 25 percent
- Free annual health checkups after every policy renewal
- Wellness rewards: Earn reward points for healthy lifestyle activities
- Lifetime renewability, so you can continue cover for old age
- Personal accident cover addition for enhanced protection
- Tax benefits under Section 80D of the Income Tax Act
You can also add riders for OPD coverage, critical illness, maternity cover or room rent waiver for extra minimum premium.
Key highlights:
- Digital health card for paperless cashless access
- Ride on top up plans for high sum insured up to ₹1 crore
How does IIFL Health Insurance Compare to Other Leading Health Insurers?
| Feature | IIFL Health Insurance | HDFC Ergo | Star Health | Niva Bupa |
|---|---|---|---|---|
| Claim Settlement (2025) | 93 percent | 91 percent | 89 percent | 90 percent |
| Network Hospitals | 10,000 plus | 12,000 plus | 12,000 plus | 8,500 |
| Premium (5L cover, 30 yrs) | ₹3,000 | ₹3,700 | ₹3,900 | ₹3,500 |
| Critical Illness Add-on | Yes | Yes | Yes | Yes |
| No Claim Bonus | Yes, up to 50 percent | Up to 100 percent | Up to 50 percent | Up to 100 percent |
| Digital Claim Support | Yes | Yes | Yes | Yes |
Expert insight:
For working professionals and families in tier 2 and tier 3 cities, IIFL Health Insurance offers one of the best value for money plans and a robust digital claim support system in 2025.
What Documents Are Required for IIFL Health Insurance Application?
How Can I Speed Up My Application and Claim?
- PAN card, Aadhaar card, passport size photographs
- Age, address and identity proof
- A recent photo and signature
- Medical test report if you are above 55 or have pre existing disease
- Bank details for refund and payout
Pro tip:
- Keep all medical bills and reports handy for faster claim processing
- Fill your health declaration form honestly to avoid policy rejection later
What do Customers Say about IIFL Health Insurance in 2025?
Are Reviews and Ratings Positive?
Most customer reviews highlight:
- Quick claim approval for cashless hospitalisation
- Easy online policy renewal and premium payment
- Proactive phone and WhatsApp support during emergencies
- Affordable premium even for mid income families
- Transparent terms and minimum hidden charges
Average rating on 2025 review portals: 4.6 out of 5 stars
Sample review:
“IIFL Health Insurance gave me peace of mind during my mother’s knee surgery. Easy documentation, good hospital network, and prompt call back after claim.” — Priya, Mumbai
Tips to Reduce Your Health Insurance Premium in 2025
How Can I Save Money on my IIFL Mediclaim Plan?
- Choose only the coverage and riders you actually need.
- Opt for longer tenure policy (2 or 3 years) for extra discount.
- Buy family floater instead of multiple individual plans.
- Maintain healthy lifestyle and declare habits honestly.
- Compare online on Fincover.com for lowest prices and exclusive coupons.
Did you know?
Young buyers under 30 can lock in lower premiums for the first 5 years on select IIFL Health Insurance products until March 2025.
How to Renew IIFL Health Insurance Policy Online?
What is the Renewal Process Step by Step?
- Visit the IIFL official portal or Fincover.com renewal page.
- Enter your policy number and DOB or contact details.
- Review renewal advice and premium amount (spot any no claim bonus).
- Make payment online by UPI, credit debit card, or net banking.
- Download New E Policy in 1 minute, valid for instant use.
Note:
- No medical test is needed for simple renewal (if no recent health issues)
- Renewal on time gives you continued benefits and no lost waiting period
Ultimate Benefits of Having IIFL Health Insurance in 2025
- Guards against rising hospital costs
- Protects entire family, parents, and kids in one premium
- Trusted cashless network in both metros and small towns
- Easy top up and super top up choices for high value medical cases
- 24 by 7 responsive customer support
With health expenses in India projected to rise by 10 percent year over year, having a reliable partner like IIFL Health Insurance helps you plan and live worry free.
Frequently Asked Questions: People Also Ask
What is covered under IIFL Health Insurance?
IIFL Health Insurance covers hospitalisation, pre and post hospitalisation, ambulance charges, day care procedures, alternate treatments, doctor consultation, and much more. You can also get extra options like critical illness, maternity, and personal accident rider.
Can I buy IIFL Health Insurance online easily?
Yes. Use fincover.com for quick comparison and instant purchase without paperwork in 2025.
How soon after purchase does my cover start?
Most policies offer cover after a short waiting period such as 30 days for new illness except accident which is covered from day 1.
Is cashless hospital treatment available everywhere?
IIFL Health Insurance has more than 10,000 cashless network hospitals all over India, covering small towns and cities for easy access.
Who can apply for IIFL Health Insurance policies?
Anyone between 18 and 65 can buy individual or family policies. Special plans exist for senior citizens above 60 years as well.
What happens if I forget to renew my policy?
You usually get a grace period of 30 days to renew with benefits. If not, you may lose your no claim bonus and waiting period credit.
Is there a tax benefit if I buy IIFL Health Insurance?
Yes. Under Section 80D, you can claim up to ₹25,000 to ₹1 lakh deduction on health insurance premium, depending on family and senior citizen coverage.
Is medical test needed to buy the policy?
For young customers and lower sum insured policies, medical test may not be needed. For senior citizens or sum insured above ₹25 lakh, a routine medical may be required.
Can I increase my sum insured later?
Yes, most IIFL Health Insurance plans allow sum insured increase at renewal. Higher sum may need fresh medical declaration.
Let IIFL Health Insurance give you the confidence to handle any medical emergency, so you can focus freely on life and ambitions in 2025. Get your right policy in minutes through Fincover and secure your loved ones today.