{"id":1437,"date":"2026-09-27T13:15:55","date_gmt":"2026-09-27T13:15:55","guid":{"rendered":"https:\/\/www.coversure.in\/blog\/?p=1437"},"modified":"2026-09-27T13:15:55","modified_gmt":"2026-09-27T13:15:55","slug":"manipal-cigna-health-insurance-vs-icici-lombard-health-insurance-which-one-actually-has-your-back","status":"publish","type":"post","link":"https:\/\/www.coversure.in\/blog\/health-insurance\/manipal-cigna-health-insurance-vs-icici-lombard-health-insurance-which-one-actually-has-your-back\/","title":{"rendered":"Manipal Cigna Health Insurance vs ICICI Lombard Health Insurance: Which One Actually Has Your Back?"},"content":{"rendered":"\n\n\n
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QUICK GIST<\/b><\/h4>\n

Manipal Cigna has built its reputation around feature-rich health insurance. A 91% Claim Settlement Ratio, a network of 14,000+ hospitals, and distinctive benefits like Gullak, Anant, and Tatkal make it one of the more innovative standalone health insurers in India. ICICI Lombard, meanwhile, brings the scale of a diversified insurance giant, backed by \u20b96,950 crore in health premiums, an exceptionally low complaint volume of just 11 per 10,000 claims, and highly customisable plans like Elevate.<\/span><\/p>\n

However, comparing Manipal Cigna Health Insurance vs ICICI Lombard Health Insurance involves much more than headline metrics. Your final decision depends on your budget, health profile, preferred level of customisation, and the benefits you value most.<\/span><\/p>\n

Read this comprehensive guide to discover whether Manipal Cigna Health Insurance or ICICI Lombard Health Insurance is the right fit for you.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Manipal Cigna Health Insurance vs ICICI Lombard Health Insurance (FY 22 – 25)<\/b><\/h4>\n<\/td>\n<\/tr>\n

Metrics<\/b><\/td>\nManipal Cigna Health Insurance<\/b><\/td>\nICICI Lombard Health Insurance\u00a0<\/b><\/td>\nIndustry Average<\/b><\/td>\n<\/tr>\n
Claim Settlement Ratio (CSR)<\/span><\/td>\n91%<\/span><\/td>\n85%<\/span><\/td>\n93%<\/span><\/td>\n<\/tr>\n
Incurred Claim Ratio (ICR)<\/span><\/td>\n68%<\/span><\/td>\n79%<\/span><\/td>\n82%<\/span><\/td>\n<\/tr>\n
Complaint Volume (per 10,000 claims)<\/span><\/td>\n24<\/span><\/td>\n11<\/span><\/td>\n27<\/span><\/td>\n<\/tr>\n
Annual Business Income (FY 24 – 25)<\/span><\/td>\n\u20b91,764.70 crore<\/span><\/td>\n\u20b96,950 crore<\/span><\/td>\n\u20b93,000 – \u20b98,000 crore<\/span><\/td>\n<\/tr>\n
Network Hospitals<\/span><\/td>\n14,000+<\/span><\/td>\n11,500+<\/span><\/td>\n10,000+<\/span><\/td>\n<\/tr>\n
Best Plans<\/span><\/td>\nProHealth Prime, Sarvah<\/span><\/td>\nElevate, Health AdvantEdge<\/span><\/td>\n\u2013<\/span><\/td>\n<\/tr>\n
Pros<\/span><\/td>\nHigh CSR, strong network of hospitals<\/span><\/td>\nLow volume of complaints, High ICR<\/span><\/td>\n\u2013<\/span><\/td>\n<\/tr>\n
Cons<\/span><\/td>\nLow business volumes, High complaint volumes<\/span><\/td>\nLow CSR<\/span><\/td>\n\u2013<\/span><\/td>\n<\/tr>\n
Special Features<\/span><\/td>\nGullak Benefit, Tatkal Benefit, Anant Benefit<\/span><\/td>\nReset Benefit, Infinite Care, Power Booster<\/span><\/td>\n\u2013<\/span><\/td>\n<\/tr>\n
Established In<\/span><\/td>\n2014<\/span><\/td>\n2000<\/span><\/td>\n\u2013<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source Note:<\/i><\/b> Compiled from official annual reports and disclosures of <\/span><\/i>Manipal Cigna<\/span>, ICICI Lombard, IRDAI, and the Insurance Ombudsman. Refer to the original documents for the latest updates.<\/span><\/i><\/p>\n\n\n\n
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