Niva Bupa (Formerly known as Max Bupa) Money Saver Individual Plan

(160 Reviews)
Highlights

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

*Tax benefit is subject to changes in tax laws. Standard T&C Apply

Back
Get insured from the comfort of your home
Get insured from the comfort of your home
  • 1
  • 2
  • 3
  • 4

Who would you like to insure?

  • Previous step
    Continue
    By clicking on “Continue”, you agree to our Privacy Policy and Terms of use
    Previous step
    Continue

      Popular Cities

      Previous step
      Continue
      Previous step
      Continue

      Do you have an existing illness or medical history?

      This helps us find plans that cover your condition and avoid claim rejection

      Get updates on WhatsApp

      What is your existing illness?

      Select all that apply

      Previous step

      When did you recover from Covid-19?

      Some plans are available only after a certain time

      Previous step
      Advantages of
      entering a valid number
      You save time, money and effort,
      Our experts will help you choose the right plan in less than 20 minutes & save you upto 80% on your premium

      Niva Bupa (Formerly known as Max Bupa) Money Saver Individual Plan

      Niva Bupa (Formerly known as Max Bupa) Money Saver Individual Plan is comprehensive health insurance plan that offers coverage up to Rs 1 cr. This policy can be a perfect choice for one who is looking for a higher coverage. The minimum coverage starts at Rs. 10.5 lakh. Some of the unique features of this plan include hospital cash benefit, annual health check-ups, all types of day care treatment etc.

      Read More

      Niva Bupa (Formerly known as Max Bupa) Money Saver Individual: Key Highlights

      Sum Insured

      Rs 10.5 lakh-1 cr

      Tenure

      1 year

      Network Hospital

      4800+

      Renewability

      Lifelong

      Alternative Treatment

      Covered

      Eligibility Criteria

      The policy comes with the following eligibility conditions:

      Type

      Individual health insurance

      Minimum Entry Age

      Not Available

      Maximum Entry Age

      Not Available

      Number of people covered

      Single person

      Residential Status

      Indian Resident; either a pass holder, a permanent resident of India, or a citizen

      Coverage Offered

      Under the Niva Bupa (Formerly known as Max Bupa) Money Saver Individual Policy, the following coverage is extended:

      • In-patient Care: The plan covers hospitalization of the person insured up to the Sum insured limit at any network hospitals. It allows cashless settlement of a claim for in-patient hospitalization. 
      • Emergency Hospitalization: The policy covers the policyholder's emergency hospitalization due to accidents or diseases that require emergency treatment of a person insured.
      • Ambulance Cover: An emergency ambulance cover is provided under this policy. The plan pays for the ambulance charge per hospitalization of the person insured.
      • Hospital Accommodation: The plan covers the cost of room rent charged per day on hospitalization of a person insured. There is no sub-limit on the room rent for a single private room.

      Inclusions of this Plan

      The inclusions of the Niva Bupa (Formerly known as Max Bupa) Money Saver Individual Policy are:

      • Pre-hospitalization: The policy covers the cost of treatments taken before hospitalization of the person insured for a maximum of up to 30 days before the date of admission to the hospital.
      • Domiciliary Hospitalization: Niva Bupa (Formerly known as Max Bupa) Money Saver Individual policy reimburses the cost of domiciliary hospitalization as per medical practitioners' advice if there is an unavailability of a bed at a hospital.
      • Post-Hospitalization: The policy covers the cost of treatments taken after hospitalization of the person insured for a maximum of up to 60 days after the date of admission to the hospital.

      Exclusions of this Plan

      The exclusions of the Niva Bupa (Formerly known as Max Bupa) Money Saver Individual Plan are:

      • Artificial life maintenance
      • Behavioral Disorders
      • Conflict & disaster
      • Ancillary hospital charges
      • Circumcision
      • Convalescence & rehabilitation
      • Cosmetic & reconstructive surgery
      • External congenital anomaly
      • Experimental or unconventional treatment
      • Hazardous activities
      • Neurodegenerative and Neurodevelopmental Disorders
      • Sexually transmitted infections & diseases
      • Addictive disorders
      • Sleep disorders
      • Unlawful activity

      Features and Benefits of this Plan

      The features of Niva Bupa (Formerly known as Max Bupa) Money Saver Individual Health Insurance policy are:

      • Day Care Treatment: This plan covers all daycare treatment in the policy. Day Care treatments are those for which the person insured is hospitalized for less than 24 hours. The treatments covered include ENT, dental, and other such treatments.
      • Organ Transplant: The plan covers the expenditures for an organ donor's in-patient transplantation.
      • Cumulative Bonus: For every no-claim year, Niva Bupa (Formerly known as Max Bupa) Health Insurance adds a cumulative bonus of 20% on the sum insured amount that can be upto a maximum of 100% on the base sum assured.
      • No Reduction of Bonus: In this plan, the accumulated cumulative bonus doesn't reduce once it is increased, irrespective of the claims.
      • Health Tests: Niva Bupa (Formerly known as Max Bupa) provides medical tests to the policyholder every year.
      • Renewal: Plan renewal has no age limit. Once policyholders buy Niva Bupa (Formerly known as Max Bupa) Money Saver Individual, they get lifetime renewability.
      • Direct Claim Settlement: All Niva Bupa (Formerly known as Max Bupa) Health Insurance policies have an efficient in-house team for settling claims directly so that no third party is involved. This provides faster settlement of claims.
      • AYUSH Benefits: The plan covers non-allopathic and traditional treatments like Unani, Siddha, Ayurveda, and Homeopathy, under AYUSH benefits to a maximum of the Sum Insured amount.

      Cancellation of Policy

      If the policyholder is not satisfied with this plan, one can cancel it. The cancellation must be made within 15 days from the policy commencement date. The policyholder gets all the premiums paid less taxes and stamp duty by the insurer; provided, no claims have been paid out.

      FAQs

      Health insurance articles

      Recent Articles
      Popular Articles
      Should You Buy a Super Top-up Health Insurance Policy?

      18 Jan 2023

      India is abuzz with a variety of health insurance plans to cater
      Read more
      6 Reasons Why Your Cashless Health Claims Can Get Denied

      18 Jan 2023

      Cashless claims are one of the most lucrative benefits of buying a
      Read more
      Check Out the Mandatory KYC Documents for Health Insurance

      30 Dec 2022

      The Insurance Regulatory & Development Authority of India
      Read more
      What to Look for in a Health Insurance for Cancer Plan?

      20 Dec 2022

      Cancer is one of the biggest demons that the world faces today
      Read more
      What are the Factors Affecting Health Insurance Premium?

      20 Dec 2022

      Demand for insurance products in India, especially health
      Read more
      What are the Normal Thyroid Stimulating Hormone (TSH) Levels as Per Age?
      The thyroid gland is an important gland responsible to produce the right amount of hormones for normal body
      Read more
      How to Apply for Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY)?
      Ayushman Bharat Yojana is a flagship health insurance scheme launched by the Government of India to offer universal
      Read more
      Income Tax Slab for Women: Guide to Exemptions and Rebates
      In India, every person who earns beyond a certain limit is liable to pay income tax to the government. The tax
      Read more
      Best Health Insurance Plans for Senior Citizens in 2023
      Senior citizens are the most prone to diseases. Considering the medical inflation in India, buying health insurance
      Read more
      How Senior Citizens can save Tax with Medical Bills u/s 80 D?
      Senior citizens can save on income tax by availing tax benefits on medical expenses under Section 80D of the Income
      Read more

      top
      Close
      Download the Policybazaar app
      to manage all your insurance needs.
      INSTALL