Niva Bupa Health Companion Variant 3 Plan
Niva Bupa Health Insurance
6.9/10
OneAssure Rating
6.9/10
OneAssure Rating
Highlighted Features
Room Rent (Normal & ICU)
The Niva Bupa Health Companion Variant 3 plan offers coverage for room rent, including ICU charges, without any sub-limits. Policyholders can choose any hospital room.
Advanced Treatments
The Niva Bupa Health Companion Variant 3 plan covers advanced treatments, including robotic surgeries, stem cell therapy (for specified conditions), etc.
Brochure
Explore more features
Our Verdict
Niva Bupa Health Companion Variant 3, featuring high sum insured options and advanced add-ons like 'Safeguard,' is ideal for affluent families seeking premium, inflation-protected coverage, despite potentially higher deductibles.
About the Plan
Niva Bupa Health Companion Variant 3 is a comprehensive health insurance plan offering coverage from ₹7.5 lakh to ₹1 crore. It includes in-patient hospitalization, pre- and post-hospitalization expenses, daycare treatments, domiciliary hospitalization, and organ donor expenses. The plan provides unlimited sum insured restoration, No Claim Bonus, and annual health check-ups. Advanced treatments like robotic surgeries are covered, along with AYUSH treatments. With cashless hospitalization at network hospitals and flexible policy options, it ensures financial security against medical emergencies for individuals and families.
About the Plan
Product Stats
Rating
Features of the Product
Room Rent (Normal & ICU)
Niva Bupa Health Companion Variant 3 covers room rent and ICU charges without sub-limits, allowing policyholders to choose any hospital room or ICU facility within the sum insured.
Advanced Treatments
Including robotic surgeries, stem cell therapy (for specific conditions), and modern procedures like laser treatments and bariatric surgery.
Co-payment
Niva Bupa Health Companion Variant 3 comes with no mandatory co-payment, ensuring full coverage for eligible medical expenses without requiring policyholders to share costs.
Waiting Periods
Includes a 30-day initial waiting period for general illnesses, except for accidental injuries. Pre-existing diseases are covered after 48 months, while specific treatments and conditions have a 24-month waiting period.
Cashless Healthcare Providers
10,000+ network hospitals.
Day Care Treatments
Covered under the policy.
AYUSH Treatment
Covered under this policy
Exclusions
Pre-existing diseases are not covered until the completion of the waiting period.
Any illness contracted within the first 30 days of policy inception, except accidents.
Cosmetic or plastic surgery unless required due to an accident or medically necessary.
Treatment for alcohol or drug abuse, self-inflicted injuries, and suicide attempts.
Injuries or illnesses due to participation in hazardous activities or adventure sports.
Treatment received outside India unless covered under specific policy terms.
Unproven, experimental, or non-standard treatments not recognized by medical authorities.
HIV/AIDS and related conditions unless specifically covered under the policy.
War, nuclear radiation, and biological weapon-related health conditions.
Exclusions
Safeguard Add-on - Protects against inflation, retains No Claim Bonus, and covers non-payable medical expenses.
Hospital Cash - Provides a fixed daily allowance for incidental expenses during hospitalization.
Annual Aggregate Deductible - Enables choosing a deductible amount, reducing premiums while ensuring coverage for higher medical expenses.
Add-ons
Looking for a Specific Hospital ?
Why OneAssure?
We help you maximize your coverage over time for stronger protection.
About the Company
Niva Bupa Health Insurance, formerly known as Max Bupa Health Insurance, is a prominent health insurance provider in India. It is a joint venture between Bupa, a UK-based healthcare services expert, and True North, an Indian private equity firm. The company offers a diverse range of health insurance plans tailored to meet the varying needs of individuals and families. Their policies are designed to provide comprehensive coverage, ensuring financial protection against unforeseen medical expenses.
One of their notable offerings is the ReAssure 2.0 Health Insurance Policy, which covers a wide array of medical expenses, including hospitalization, surgeries, doctor consultations, and post-hospitalization care. With a network of over 10,000 trusted healthcare providers across India, Niva Bupa ensures that policyholders have access to quality medical care when needed. Their commitment to customer satisfaction is evident through streamlined claim processes and wellness benefits, aiming to deliver peace of mind and financial security during medical emergencies.
In June 2024, Niva Bupa announced plans to raise $360 million through an initial public offering (IPO), potentially valuing the company at up to $2.5 billion.
This move underscores their growth trajectory and commitment to expanding their services in the Indian health insurance market.
Krishnan Ramachandran serves as the Managing Director and CEO of Niva Bupa Health Insurance Company Limited. With over 24 years of experience in the health insurance, healthcare, and life sciences industries, Mr. Ramachandran has previously held leadership positions at Apollo Munich Health Insurance Company Limited and Apollo DKV Insurance Company Ltd.
About the Company
Still Confused ?
Frequently Asked Questions
Related Blogs
CA: Niva Bupa Health Recharge | Star Surplus Gold | ICICI
You can never be sure about life and health. The pandemic has again highlighted that we tend to forget our life and health as we go about our daily routines.
10 Health Insurance Benefits You Should Check for in Your Policy
Discover the 10 advantages of insurance and learn how health insurance can protect your family and finances during unforeseen medical events.