Federal Bank Health Insurance

Federal Bank Health Insurance offers financial protection to account holders against planned and unplanned medical expenses. The bank associates with multiple health insurance companies in India to provide customised health plans suitable for people of all age groups. However, the medical coverage remains active as long as the bank continues its partnership with the insurer and the customer has an operational Federal Bank account.

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      Federal Bank Health Insurance: Key Highlights

      Categories Specifications
      Pre-existing Diseases Included from day 1
      Validity of Federal Bank health insurance plans 1. Remains active as long as the Federal Bank is in association with the insurers
      2. Remains active as long as the customer maintains an active Federal Bank account
      Riders Mostly not offered
      Premium Payment Premiums are directly debited from the linked Federal Bank account
      Tax Benefits Tax deductions can be claimed under Section 80D of the Income Tax Act, 1961

      Disclaimer: PED waiting period may vary depending on the terms and conditions of the Federal Bank health insurance policy.

      Benefits of Federal Bank Health Insurance

      Here are the benefits offered by Federal Bank health insurance for account holders:

      1. Cost-effective Premiums

        The health insurance plans provided by the Federal Bank usually cost less than regular health policies. This is possible due to direct arrangements between the bank and insurers. In fact, limited-time offers can make these plans even more cost-efficient.

      2. Day 1 Coverage for Pre-existing Illnesses

        The mediclaim policies offered by the Federal Bank may provide coverage for pre-existing health issues from day 1, unlike standard health plans that require policyholders to serve the waiting period.

      3. Automatic Premium Deduction

        Premiums of Federal Bank health insurance plans are deducted directly from the customer's Federal Bank account. This ensures timely health insurance premium payments and prevents policy lapse.

      4. No Agent Involvement

        Federal Bank health insurance policies can be bought and managed directly through the Federal Bank, without needing to contact agents or deal with any external parties.

      5. Health Plans for Every Age Group

        Whether it is for individuals, families, or senior citizens, Federal Bank provides a wide range of medical insurance plans designed to suit people of all age groups.

      6. Easy Management

        With both banking and health insurance services available together, Federal Bank allows account holders to handle their medical coverage and finances in one place, saving both time and effort.

      List of Plans Offered by Federal Bank Health Insurance

      Check out the wide range of medical insurance plans offered by the Federal Bank:

      Federal Bank Health Insurance Plans Sum Insured Ideal For
      Aditya Birla Activ Health Platinum Enhanced Plan ₹2 lakh to ₹2 crore Individuals/Families
      Aditya Birla Activ Assure Diamond Plan ₹2 lakh to ₹2 crore Individuals/Families
      Aditya Birla Activ Secure Critical Illness Plan ₹1 lakh to ₹1 crore Critical Illnesses
      Niva Bupa Health Premia Plan ₹1 lakh to ₹15 lakh Individuals/Families
      Niva Bupa Health Companion Plan ₹3 lakh to ₹1 crore Individuals/Families
      Niva Bupa Health Recharge Plan ₹2 lakh to ₹95 lakh Super Top-up
      Niva Bupa ReAssure 2.0 Plan ₹5 lakh to ₹1 crore Individuals/Families
      Niva Bupa Health Plus Plan Up to ₹15 lakh Super Top-up
      Niva Bupa Senior First Health Insurance Plan ₹5 lakh to ₹25 lakh Senior Citizens
      Niva Bupa Aspire Health Insurance Plan ₹3 lakh to ₹1 crore Young Adults
      Star Comprehensive Insurance Policy ₹5 lakh to ₹1 crore Individuals/Families
      Star Senior Citizen Red Carpet Insurance Policy ₹1 lakh to ₹25 lakh Senior Citizens
      Star Family Health Optima Insurance Plan ₹5 lakh to ₹25 lakh Individuals/Families
      Star Young Star Insurance Policy ₹3 lakh to ₹1 crore Young Adults
      See more plans

      Note: The above Federal Bank of India health insurance plans is as of May 12, 2025.

      What is Covered by Federal Bank Health Insurance?

      The following are the coverage offered by Federal Bank health insurance plans:

      Note: The exact coverage may differ between multiple Federal Bank health insurance plans.

      What is Not Covered by Federal Bank Health Insurance?

      Take a look at the expenses not covered by Federal Bank health insurance:

      • Intentional self-harm
      • Treatment for drugs or alcohol addiction
      • Dietary substances & supplements
      • Cosmetic or plastic surgery
      • Obesity or weight control procedures
      • Treatment for injuries due to adventure sports
      • Treatment for injuries sustained while violating the law
      • Congenital external diseases
      • Unproven treatments

      Things to Keep in Mind While Buying a Federal Bank Health Insurance Plan

      Listed below are the things one must keep in mind while buying Federal Bank health insurance:

      • Plan Duration: The policy remains valid only while the customer's Federal Bank account is active and the bank's tie-up with the insurance provider is in effect.
      • Scope of Coverage: The extent of coverage might be limited under Federal Bank health insurance plans when compared to personal retail health insurance policies.
      • Choice of Insurers: The Federal Bank have an association with limited health insurance companies in India. This means that the range of insurer choices may be limited in comparison to standard medical insurance policies.
      • Rider Availability: Health insurance riders that are often available with regular mediclaim policies may not be included with the health insurance policy offered by the Federal Bank.

      Federal Bank Health Insurance: FAQs

      • Q1. Does Federal Bank provide health insurance?

        Ans: Yes, the Federal Bank provides health insurance policies to its account holders. However, the coverage remains active until the customer has an operational Federal Bank account and the bank has a partnership with the insurance providers.
      • Q2. Who are the Federal Bank health insurance providers?

        Ans: The Federal Bank health insurance providers include Aditya Birla Health Insurance Company, Niva Bupa Health Insurance Company, and Star Health and Allied Insurance Company.
      • Q3. What is the cost of Federal Bank health insurance?

        Ans: The cost of Federal Bank health insurance may vary from person to person, based on various factors, like location, age, opted sum insured, etc. However, you can check the approximate premium price in the Federal Bank health insurance premium chart. Moreover, you can use the health insurance premium calculator tool available on the Policybazaar Insurance Brokers Private Limited website to check the estimated cost.
      • Q4. Are there any Federal Bank family health insurance plans?

        Ans: Yes, there are multiple Federal Bank family health insurance plans, including Aditya Birla Activ Health Platinum Enhanced plan, Niva Bupa Health Premia plan, Niva Bupa Health Companion plan, and Star Comprehensive Insurance policy.
      • Q5. Where can I find the Federal Bank health insurance hospital list?

        Ans: You can find the Federal Bank health insurance hospital list on the official website of the insurance provider. You can even get in touch with their customer support team to get their network hospital list. Moreover, you can also check the network hospital list on Policybazaar.com for the insurer that offers you Federal Bank health insurance policy.
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      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

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      ##On ground claim assistance is available in 114 cities

      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

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