Niva Bupa Health Companion Plan: Benefits, Buy & Renew Online

Niva Bupa Health Companion Plan

Niva Bupa (Formerly known as Max Bupa) Health Companion policy is an all-round health insurance plan that covers your medical expenses, including pre and post-hospitalization expenses, up to Rs1 crore. This policy by Niva Bupa (Formerly known as Max Bupa) Health Insurance Company Limited helps the insured to manage the hospital bills and other medical costs for an affordable price.

Key Features and Benefits of Niva Bupa (Formerly known as Max Bupa) Health Companion Plan

Take a look at the key features and benefits of the Niva Bupa (Formerly known as Max Bupa) Health Companion plan below:

Comes with a wide range of sum insured starting from Rs 3 lakh to Rs 1 crore
Available in three variants –Variant 1, Variant 2, Variant 3
Covers all hospitalization expenses, including pre & post-hospitalization expenses
No capping on room rent for sum insured of Rs 5 lakh and above
Provides-patient treatment under AYUSH (Ayurveda, Unani, Siddha and Homeopathy)
A smart top-up option is also available
Sum insured refill benefit up to 100% in case of exhaustion
20% No Claim Bonus up to 100% provided for every claim-free year
Free health check-up facilities are available at designated diagnostic centres of Niva Bupa (Formerly known as Max Bupa) Health Insurance Company
Assured policy renewal for life
Cashless hospitalization facilities can be availed at over 7400 network hospitals of the insurance company
Direct claim settlement with no involvement of third party agents
Income tax benefit on the premium paid as per Section 80D of the Income Tax Act.

Niva Bupa (Formerly known as Max Bupa) Health Companion Policy: Key Highlights

Categories	Specifications
Sum Insured	Rs 3 lakh to Rs 1 crore
Coverage	Individual
COVID-19 Hospitalization Cover	Available
Policy Tenure	1 year, 2 years
Pre-existing Diseases Waiting Period	48 months (Variant 1) and 36 months (other variants)
Discounts	12.5% Tenure Discount

Inclusions of Niva Bupa (Formerly known as Max Bupa) Health Companion Plan

The following coverage are included under the Niva Bupa (Formerly known as Max Bupa) Health Companion plan:

In-patient Care– Any medical expenses incurred on the hospitalization of at least 24 hours is covered, including room rent.
Pre-hospitalization Medical Expenses– It provides coverage for medical expenses incurred up to 30 days before getting admitted to a hospital.
Post-hospitalization Medical Expenses– It covers the medical expenses incurred for up to 60 days after getting discharged from the hospital, such as physiotherapy costs.
Day Care Treatment– All day care procedures are covered under this Niva Bupa (Formerly known as Max Bupa) Health Insurance plan.
Living Organ Donor Transplant– It covers medical expenses incurred by the organ donor for the harvesting of the donated organ.
Emergency Ambulance– It reimburses the cost of ambulances services availed during a medical emergency for up to Rs 3000.
Vaccination for Animal Bite– This plan also pays for the vaccination costs taken for an animal bite ranging from up to Rs 2500 to Rs 7500 depending on the plan variant.
Alternative Treatments– It provides coverage for the treatments taken through the AYUSH system of medicines.
Domiciliary Hospitalization– It covers the expenses incurred on availing medical treatment at home on a doctor’s advice due to unavailability of the hospital bed.
Modern Treatments– It provides coverage for the cost of modern treatments taken by the insured.

Optional Benefit:

Hospital Cash Benefit– This cover enables the policyholder to get a daily cash allowance ranging from Rs 1000 to Rs 4000 per day of hospitalization for a maximum of 30 days in a policy year.

Exclusions under Niva Bupa (Formerly known as Max Bupa) Health Companion Plan

Following are the exclusions of the Niva Bupa (Formerly known as Max Bupa) Health Companion plan:

No treatment is covered within the first 30 days until it is a case of accident/emergency
Cosmetic, aesthetic, or related treatments
Any illness or disease contracted due to the intake of alcohol or other addictive substances
Eyesight
HIV AIDS/STD
Obesity and weight control treatments
Injuries due to participation in hazardous activities
Maternity expenses
Artificial life maintenance
Treatment received outside India

Get the complete list of exclusions in the policy wordings of the Niva Bupa (Formerly known as Max Bupa) Health Companion plan.

Niva Bupa (Formerly known as Max Bupa) Health Companion Eligibility Criteria

The following table shows the eligibility criteria for the Niva Bupa (Formerly known as Max Bupa) Health Companion plan:

Categories	Eligibility Criteria
Minimum Entry Age	Adult – 18 years Children – 91 days
Maximum Entry Age	Adult – No age limit Children – 21 years
No of Family Members Covered	19
Family Members Covered	Self, spouse, children, son-in-law, daughter-in-law, parents, parents-in-law, grandparents, grandchildren, siblings, siblings-in-law, niece, nephew
Renewability	Lifetime

Niva Bupa (Formerly known as Max Bupa) Health Companion FAQs

Q1. What are the waiting periods applicable to the Niva Bupa (Formerly known as Max Bupa) Healy Companion plan?
Ans: The Niva Bupa (Formerly known as Max Bupa) Health Companion plan comes with the following waiting periods:
- Pre-existing Diseases Waiting Period – 48 months for Variant 1 and 36 months for other variants
- Specific Diseases Waiting Period – 24 months
- Initial Waiting Period – 30 days
- COVID-19 Hospitalization Waiting Period – 15 days
Q2. Is there any sub-limit under modern treatment cover of the Niva Bupa (Formerly known as Max Bupa) Health Companion plan?

Ans: Yes. The Niva Bupa (Formerly known as Max Bupa) Health Companion plan comes with a sub-limit of Rs 1 lakh on a few robotic surgeries.
Q3. When does the hospital cash cover gets activated under the Niva Bupa (Formerly known as Max Bupa) Health Companion plan?

Ans: Under the Niva Bupa (Formerly known as Max Bupa) Health Companion plan, the hospital cash cover gets activated only after 48 hours of continuous hospitalization.
Q4. Does Niva Bupa (Formerly known as Max Bupa) Health Companion come with any deductibles?

Ans: Yes. The Health Companion policy comes with annual aggregate deductibles ranging from Rs 1 lakh to Rs 10 lakh.

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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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