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Niva Bupa  Niva Bupa Health Companion individual insurance

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Key Highlights of Niva Bupa Health Companion Individual plan

Niva Bupa health companion health insurance plan for individual is designed to provide effective medical insurance coverage. The insured can get cashless facility at quality hospitals. There are two plans called as Silver and Gold which are available with 2 year tenure option.

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Sum Insured

3 lac - 300 lacs options available

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Claims settlement ratio **

8.0%

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Incurred claims ratio

88%

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Number of policies issued *

23,330

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Number of lives covered *

23,330

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Tenure options

1 year options available

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List of network hospitals

8,600+ hospitals

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Maximum family floater coverage

Self, Spouse + 4 dependent children

* As per IRDAI report   |   ** As per NL25 data published on the Insurance Company website

Niva Bupa Health Companion Individual insurance

  • Unique features of Niva Bupa Health Companion Individual insurance

    • Medical treatment abroad for 9 selected diseases (platinum plan only)
    • Buy policy for 2 years and get 12.5% discount on 2nd year premium
    • All day care procedures covered after 90 days (only in Niva Bupa)
    • All life threatning medical situations and accidents are covered from day one.
    • Maternity up to Rs. 1Lac and new born baby coverage from day one.
    • Direct claim settlement, no third party involved.
    • Cashless hospitalization across network of quality hospitals.
    • Free health checkups on renewal.
  • Individual Coverage Benefits

    • No age restriction for enrollment (0 - 99)
    • Life long renewal
    • As per the years premium increases
    • Hospitalization
      • Pre-hospitalization: Medical expenses up to 30 days prior to date of admission in the hospital.
      • Post-hospitalization: Medical expenses up to 60 days after discharge from the hospital.
    • Cashless facility at the hospital without paying for the medical expenses
    • Network hospitals: Access to 1243 hospitals for cashless facility
    • CoversSurgical Alliance
    • In case of emergency ambulance charges covered up to sum insured
    • In case you get treated in a non-network hospitals, your expenses will be reimbursed 15 days of receipt of complete documents from you.
    • Day care procedures: All day care procedures are covered up to sum insured.
    • Every year free health check up for all members.
    • Income tax benefit under section 80-D for claiming the tax deduction for the payment of premium.
    • Process of portability: You can shift to another company only at the time of renewal.

Niva Bupa Health Companion individual insurance FAQ's

The hospital may ask you for a security deposit as part of its internal policy. However, this may vary from hospital to hospital and the deposit may be refunded as per hospital guidelines.

For your grievances, please write to the General Manager and grievance redressal officer at grievanceredressal@maxbupa.com

An unrecognised hospital or health facility refers to establishments who aren’t recognised by the relevant authorities in India or any other country where the treatment takes place. We have listed them on our website, and they can also be found on the policy document claims for treatment at hospitals which are not covered. Un-recognised hospitals can be seen on our website by visiting www.maxbupa.com and clicking on hospital network followed by clicking on List of Un-recognised hospitals.

The following KYC documents are required from the insured person/proposer in cases of reimbursement-
  • If claim amount is below 1 lakh- Photo Id proof & address proof
  • If claim amount is above 1 lakh- Photo Id proof, address proof and a recent photograph
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Brochure

Review Niva Bupa Companion individual brochure to understand coverage details.

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Proposal form

Fill the online Companion individual health proposal form.

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Policy wordings

Review Companion individual health policy wordings which explains the terms and conditions.

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