Care Health Insurance vs ICICI Lombard General Insurance
On CSR alone: Care Health leads with a higher claim settlement ratio in FY 2023-24. But CSR is one data point — also compare plans, premiums, and network before deciding.
Care Health — Strengths
- +90.32% claim settlement ratio (2023-24)
- +Covers AYUSH and mental health treatment
- +No co-payment for policyholders under age 61
- +Global cover available as add-on
ICICI Lombard — Strengths
- +Largest private general insurer — strong financial backing
- +Wide cashless hospital network across India
- +Quick cashless approval — digital-first claim process
- +Health Booster top-up plans available at low cost
- +Multi-product insurer — can bundle health with motor