Care Health Insurance Company Limited is a health insurer offering stand-alone health insurance products. Care Health comprises three shareholders, namely Care Enterprises Limited, Union Bank of India, and Corporation Bank. Care Enterprises Limited is India’s leading financial services group offering financial services to individuals and corporates. Union Bank of India (UBI), a major India's public sector bank operates its business through more than 2800 branches across the country. UBI has an over 24 million customer base.
Corporation Bank is another top-known India’s public sector bank delivering the highest standards of banking products and services to its customers. The working philosophy of Care Health Insurance (RHI) is based on the principle of ‘customer-centricity. The company is also focusing on technology to deliver excellence to customers. Care Health Insurance offers products for Health Insurance, Personal Accident, Maternity Insurance, Critical Illness, and Group Health Insurance for both individuals and corporates. The latest Claim Settlement Ratio (CSR) of Care Health for FY 2019-20 is 95.2%.
FY |
ICR% |
CSR% |
2015-16 |
57.25% |
NA |
2016-17 |
50.53% |
NA |
2017-18 |
51.99% |
NA |
2018-19 |
55.23% |
55% |
2019-20 |
59.13% |
95.2% |
Care Freedom
Care Supreme
Care Advantage Health Insurance
Care Classic Health Insurance Plan
COMPARE
Tuesday, Oct 03, 2017 10:00 AM
Standalone health insurers companies that focus on only one line of business are set to grow on the back of rising medical costs and heavy dependence on private medical care.
Monday, Nov 01, 2021 11:00 AM
Care Health Insurance said on Wednesday that it has forged a bancassurance tie-up with public-sector lender Punjab National Bank (PNB).
Wednesday, Apr 12, 2017 10:00 AM
The Religare Enterprises stock rose in early trade amid report that the Delhi-based firm will sell its entire 80 per cent stake in Religare Health Insurance