Care Health Insurance Limited (CHIL), as per its credit report, offers health insurance services to employees of corporate, individual customers and focuses on government schemes. It started its operation in 2012. The business underwrites health, travel, and accident insurance with a hospital network spanning more than 10,000. CHIL operates out of 156 offices with more than 8,500 employees.

CARE HEALTH INSURANCE  is a specialized health insurer offering health insurance services to employees of corporates, individual customers, and for financial inclusion as well. With its operating philosophy being based on the principal tenet of ‘consumer-centricity’, the company has consistently invested in the effective application of technology to deliver excellence in customer servicing, product innovation, and value-for-money services.

Care Health  envision a financially secure future for our customers through the delivery of customized health insurance plans such as Family Floater Plans, Senior Citizens Health Plans, Diabetes Cover, Maternity Cover, Critical Illness Cover, and specific travel insurance plans while guaranteeing the benefits of hassle-free claims procedures.

Care Health Products

Health Insurance

• Care - A comprehensive Health Insurance plan to meet variant healthcare needs, CARE, has been our flagship product since inception. What makes it popular is the ability to choose your cover from a range of optional benefits, as per your requirements. 
• Care Advantage - A Comprehensive Health Insurance that provides higher Sum insured at affordable premium. It caters market, which is price sensitive. 
• Care freedom - A comprehensive Health Insurance Plan for senior citizens and individuals with pre-existing medical conditions. It is offered without pre-policy medical checkups and there is no loading based on health condition. 
• Care Heart - Product specifically designed for someone with a preexisting heart disease i.e. someone who has undergone a heart surgery in the last 7 years  Cover without any Pre Medical Tests at any age  Patients suffering from specific pre-existing heart conditions. 
• Super Mediclaim - Indemnity Coverage for specific critical illnesses and surgeries at highly affordable premiums (Premium Instalment options) with IPD as well as OPD coverage & lifelong renewability. 
• Joy - A Maternity Health Insurance product specially designed for young couples who are planning a family. While the focus is on maternity related hospitalization, this product will cover you for any hospitalization during the policy tenure. 
• Enhance - A Super-Top Health Insurance plan for those who aspire for high sum insured at competitive prices. Enhance is most popular among those who already have a health insurance policy of a lower sum insured, and would want to increase their sum insured to address medical emergencies. 
• Domestic Staff Add-on - Add-on product that offers health coverage to the domestic staff of existing Policyholders of retail Health Products    
• Care Shield - Add-on product which offers protection against inflation, NCB reduction and provide coverage of non-payable items in retail policies. 
• Arogya Sanjeevani Policy - Standard retail indemnity product which is simple, affordable and designed to meet customers’ basic Insurance Needs. 
• Corona Kavach Policy - A standardised short term indemnity health insurance plan designed to safeguard you and your family from COVID-19. Period of coverage ranges from 3 ½ to 9 ½ months. 
• Covid Care - Indemnity based health insurance policy specifically designed to safeguard you and your family from COVID19 related expenses. 

Group Health Products 

• Group Care 
• Group Care 360 
• Group Global Care
• Grameen Care
• Group Credit Protection Product 
• Group Arogya Sanjeevani policy

Travel Products

• Explore
• Student Explore
• Group Explore

Fixed Benefit Products

• Secure
• assure
• Group Secure

(in Crores)

Particulars	2021	2020
Gross Written Premium	2588.02	2409.01
Net Written Premium	1980.83	1626.02
Net Earned Premium (A)	1729.47	1508.45
Net Incurred Claims (B)	953.82	891.94
Net Commission (C)	26.61	(22.17)
Expenses (D)	728.20	667.85
Premium Deficiency (E)	111.42	24.46
Investment & Other Income (F)	166.06	119.52
Profit/ (Loss) Before Tax	75.48	65.89
Provision for tax	15.42	0.24
Deferred tax Credit	42.16	-
Profit/(Loss) After Tax	102.22	65.65