Niva Bupa Health Insurance Plans

Company Overview

Niva Bupa Health Insurance Company Ltd. (formerly known as Max Bupa Health Insurance Company Limited) is a joint venture between Fettle Tone LLP (an affiliate of True North Fund VI LLP), a leading Indian private equity firm, and the UK based healthcare services expert, Bupa Singapore Holdings Pte. Limited.

“Niva” is a popular Hindi/Sanskrit word and also means SUN – which is a symbol of hope, positivity, energy, and above all life itself.

Being one of the most trusted standalone health insurance companies in the country, Niva Bupa Health Insurance has curated a wide range of health insurance policies, such as individual health insurance, family floater insurance policy, and top-up insurance cover, as per the understanding of the Indian market and catering to the consumer's diverse requirements, just the way they like. The Claim Settlement Ratio of the company for the year 2019-20 is 96%.

Snapshot Of Niva Bupa Health Insurance Plans

Plan Name	Plan Type	Min/Max Age	Min/Max SI	Availability	Plan Tenure
Health Companion Health Insurance Plan	Individual/Family Floater	Adult: No Limit Child:	Min SI: 2 Lakh Max SI: 100 Lakh	Online	Min: 1 year Max: 2 years

Reasons for buying Niva Bupa Health Insurance Plans

Growing medical inflation and rising medical costs have made people vulnerable to get themselves and their families protected against the same. Niva Bupa presents a plethora of health insurance products to protect you and your loved ones against any adversities arising out of expenses at the time of hospitalization.

Main USP’s of Niva Bupa Health Insurance Plans are:

Comprehensive health cover
Refill your existing Sum insured
Direct Claim Settlement with the Company
Cashless treatment facility in over 3500 network hospitals
Discount on premium for opting 2 year policy term
No age limit for plan enrollment
Lifetime Renewability
Option to buy a policy online in a cost effective and hasslefree way

Key Benefits of Niva Bupa Health Insurance Plans

Medical treatment expenses incurred during in-patient hospitalization are covered up to the sum insured applicable
Pre Hospitalization expenses, which include medical expenses incurred before hospitalization are covered up to 60 days and 90 days after discharge as per the policy conditions
Post Hospitalization expenses, which include medical expenses incurred post hospitalization are covered up to 90 days
All the listed day care procedures are covered
Organ Donor medical expenses are covered
Domiciliary hospitalization is covered up to the limit specified
Maternity cover available as per policy conditions
Expenses incurred towards organ harvesting are covered
AYUSH treatment is covered up to the Base Sum Insured
Tax benefits are available towards the premiums paid under section 80D of the Income Tax Act, 1961

Value Added Benefits under Niva Bupa Health Insurance Plans

For every claim-free year, No claim bonus which adds up to 20% in sum insured, up to a maximum of 100% of Base Sum Insured
Get free health check-up every 1 or 2 years at the time of renewal, depending on the plan chosen.
Top up your coverage with the High Deductible option
Additional benefits through Health Relationship Program
The cost of emergency Ambulance service is covered
Access your claims history, health information, health profile, and records of any tests you have taken
Other value-added services such as OPD cover, emergency medical evacuation, international treatment & child care benefits are also available
Get additional Sum Insured equal to the Base Sum Insured, subject to the terms specified

List of Niva Bupa Health Insurance Plans

1. Niva Bupa Health Companion Health Insurance Plan

It becomes difficult to analyze how much health insurance coverage is adequate. The health cover which we find adequate today may not suffice the requirement tomorrow due to rising medical costs. Also ... Read more

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