FAQ
Below are some FAQs to help you understand Even better.
Is Even an IRDAI-registered company?
Euston Insurance Advisors Pvt. Ltd., a wholly owned subsidiary of Even Healthcare Pvt. Ltd., is an IRDAI-registered Corporate Agent licensed to sell general (including health) and life insurance policies to prospective clients. Euston Insurance Advisors Pvt. Ltd. holds a valid Corporate Agent (Lic. No: CA0760) valid until 28 July 2027.
Is Even a TPA or a broker?
No, neither Even nor its wholly owned subsidiary, Euston Insurance Advisors Pvt Ltd is a TPA or a broker. Euston Insurance Advisors Pvt Ltd is an IRDAI-registered Corporate Agent licensed to sell general (including health) and life insurance policies to prospective clients.
Are the plans sold by Even classified as health insurance?
Even is a healthcare provider that offers 24/7, unlimited consultations with in-house clinical and wellness team to offer episodic care, lifestyle care and managed care to keep members healthy and out of hospitals. Members can access these services online (pan-India) or by visiting Even Clinics in Bengaluru. This product is sold under the name of Even Care.
Members can also add optional OP group insurance (for external consultations and tests/scans) and IP group insurance (DayCare, 24-hour hospitalisation, emergencies) on top of their Even Care plan. These services are offered through Even's insurance partner, Magma HDI General Insurance Ltd.
Does Even help me settle my claims?
Even Healthcare Pvt. Ltd. or Euston Insurance Advisors Pvt. Ltd. are not involved in the process of settling either IPD or OPD claims. Claims are under the purview of our partner insurer Magma General Insurance Ltd.
We do, however, help members throughout the claims process and ensure they have the best possible experience while claiming medical services under their plan.
Who are the insurers Euston Insurance Advisors Pvt. Ltd. work with?
Euston Insurance Advisors Pvt. Ltd. currently works with Magma HDI General Insurance Company Limited (IRDAI Reg. No. 149) to sell an optional group health insurance product with OPD and IPD benefits.
Where can I view your licence?
You can view our licence here. Alternatively, you can also find Euston Insurance Advisors Private Limited on IRDAI's list of registered Corporate Agents.