Max Bupa (Now Niva Bupa) Health Premia

Niva Bupa (Formerly known as Max Bupa) Health Premia

Niva Bupa (Formerly known as Max Bupa) Health Premia is a comprehensive plan that offers perfect coverage to the insured and the family. This has everything that one might expect in a health scheme. The plan is available in three variants, namely Silver, Gold, and Platinum. The maximum Sum Insured amount for this particular plan is Rs 3 crore, which gives one the option to choose the coverage that suits his/her requirements.

Minimum Coverage	Rs 5 lakh
Maximum Coverage	Rs 3 cr.
Policy Tenure	1/2 years
Global Coverage	Up to 1 cr.
Renewability	Lifelong

Coverage Offered

Coverage under Niva Bupa (Formerly known as Max Bupa) Health Premia Policy can be categorized as:

Maternity and Newborn Coverage-Individuals who buy Niva Bupa (Formerly known as Max Bupa) Health Premia are covered for maternity expenses. They need not pay any additional premium for covering their newborn baby till the first policy year.
New-age Treatment -Provides coverage for treating the new age diseases like laser-assisted surgeries and more.
Global Coverage-Under the Platinum variant of this particular plan, the insured will be covered even when he or she travels abroad.
Inbuilt Travel Insurance-Provides coverage for the loss of the baggage that checked in, the trip cancellation charges, and also other charges
Health Check-Ups-This also provides coverage for health check-ups and other diagnostic tests.

Inclusions of the Plan

The Niva Bupa (Formerly known as Max Bupa) Health Premia policy also covers the following:

Emergency assistance services, like, medical evaluation and repatriation, are also provided
Add-on covers for Personal Accident, Hospital Cash, Critical illness, available.
Health check-ups from Day 1 for diagnostic purposes
It also offers a COVID-19 cover.
Enhanced loyalty additions irrespective of claims
Enhanced geographical cover

Exclusions of the Plan

Niva Bupa (Formerly known as Max Bupa) Health Premia Policy does not provide coverage for the following treatments or expenses:

Hazardous or Adventure sports
Cosmetic or Plastic Surgery
Dental/oral treatment
Refractive Error
Rest Cure, rehabilitation and respite care
Hormone Replacement Therapy
Investigation & Evaluation
Maternity
Circumcision:
Conflict & Disaster
Ancillary Hospital Charges
Artificial life maintenance
Obesity/ Weight Control
Change-of-Gender treatments
Breach of law
Sexually transmitted Infections & diseases (other than HIV / AIDS)
Sleep disorders:
Unrecognized Physician or Hospital
AYUSH Treatment
External Congenital Anomaly

Features & Benefits of the Niva Bupa (Formerly known as Max Bupa) Health Premia Policy

Individuals who buy Max Health insurance can enjoy the following benefits from the Niva Bupa (Formerly known as Max Bupa) Health Premia Policy:

Free extension in the unfortunate event of the policyholder passing away or diagnosed with certain specified diseases
New-age treatments, including robotics surgery or Cyberknife, weight loss surgery, laser surgery, covered as a % of the Sum Insured
Maternity expenses for up to 2 deliveries
In case the Sum assured amount has already been exhausted, provision for a refill benefit, as per conditions specified.

Eligibility Criteria

The minimum eligibility criteria to buy this plan are:

Type	Individual and Family floater
Minimum Entry Age	NA
Maximum Entry Age	NA
Number of people covered	19 relationships
Residential Status	Citizens and Residents of India

Cancellation Terms of the Policy

The Insured has the option to cancel the Niva Bupa (Formerly known as Max Bupa) Health Premia policy within 15 days of the policy inception, which is considered to be the free-look period. The entire premium amount will be refunded minus the charges that have been incurred by the insurance company.

FAQs

Q. How can I buy the Niva Bupa (Formerly known as Max Bupa) Health Premia insurance policy?

Ans: You can purchase the online Niva Bupa (Formerly known as Max Bupa) Health Premia plan or by phone or directly visiting the branch.
Q. What is the minimum, and what is the maximum duration of this policy?

Ans: You can buy this policy for a period of 1 year to 2 years. If you purchase this policy for two years, you will also be able to get a discount.
Q. Can I save some tax with this health insurance policy?

Ans: Yes, the policyholders will be entitled to get a tax benefit for the premiums paid under Section 80D of the Income Tax Act.
Q. Is it necessary for you to get a medical check-up done for Niva Bupa (Formerly known as Max Bupa) Health Premia policy?

Ans: When you are signing in for a new health insurance policy, you will have to get a medical check-up done. When you are renewing the policy, you do not need a medical check-up.
Q. What is the annual insurance coverage for Niva Bupa (Formerly known as Max Bupa) Health Premia health insurance?

Ans: The annual insurance coverage is the maximum amount payable in a particular year in the event of one or more than one claim. This is referred to as the Sum Insured. The premium amount payable for the policy will also depend on the annual insurance amount chosen.