Even
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Even helps individuals compare and choose health insurance policies, offering advisory support from enrollment through claims. It provides plans with add-ons such as personal accident cover, advanced treatment cover, domiciliary expenses, maternity and newborn cover, and AYUSH treatment.
Also known as Euston Insurance Advisors Private Limited · Even Healthcare
Founders & leadership
Investors · 11
Company profile
researched Aug 2026Even is a health insurance distribution and advisory business operating in India under the Even brand. It positions itself around simplifying the purchase of health insurance: prospective customers describe their needs, worries and budget, advisors explain policy terms in plain language, recommend a plan, and then support the customer from enrolment through the claims process via a dedicated claims support team. The company presents its advisors as guidance-oriented rather than commission-driven, and lists policy exclusions upfront.
The policies marketed on the company's site include hospitalisation cover of up to ₹1 crore, an included outpatient (OPD) cover of ₹10 lakh, family floater structures covering spouse, children and parents, access to a network of more than 10,000 hospitals, a 30-day free look period, and tax savings under Section 80D. Highlighted features and add-ons include personal accident cover, advanced treatment cover for procedures such as robotic surgery, domiciliary (at-home) medical expenses, a maternity and newborn add-on covering delivery, complications and initial infant care including vaccinations, AYUSH inpatient treatment (Ayurveda, Yoga, Unani, Siddha and Homoeopathy) at recognised hospitals, and 100% restoration of the sum insured once the base cover is exhausted. Discounted rates are offered to applicants who are female, non-smokers, or have a good credit score. The website also references unlimited doctor consultations, free diagnostic tests and optional cashless health insurance.
Business model
Even operates as a licensed insurance advisory and distribution business, recommending and enrolling individuals and families into third-party health insurance policies and supporting them through claims. Regulated activity is conducted through Euston Insurance Advisors Private Limited, a wholly owned subsidiary that is IRDAI licensed and operates under the Even brand name and trademark.
▸Full profile — market position, go-to-market, geography
Market position
Positioned as a consumer-facing health insurance advisory and distribution channel working with multiple insurance partners rather than as an underwriter.
The company emphasises advisory rather than sales-led distribution, plain-language explanation of policy terms, exclusions listed upfront, a dedicated claims support team, and bundled outpatient benefits such as included OPD cover, unlimited doctor consultations and free diagnostic tests alongside optional cashless health insurance.
Go-to-market
Direct-to-consumer acquisition through the company's website, with calls to action to get started or speak with an advisor, followed by a consultative advisory process (listen, explain, recommend) and ongoing support from enrolment to claims.
Individuals and families in India seeking health insurance, including family floater buyers covering spouse, children and parents; discounted pricing is targeted at female applicants, non-smokers and applicants with good credit scores.
Geography
India; the offering references an IRDAI-licensed subsidiary, Section 80D tax benefits and a network of over 10,000 hospitals.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
In the news
▸Research sources · 1
primary sources listed
- Eveneven.in · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Even do?
- Even is an India-based health insurance advisory that helps people compare, buy and claim on health cover.
- Who founded Even?
- Even was founded by Mayank Banerjee, Matilde Giglio.
- Who are Even's investors?
- Even's investors include Alpha Wave Global, Better Capital, Fundamental VC, Khosla Ventures, LVX Ventures, Salica Investments, 8VC, Founders Fund and 3 more.