A well-known brand in the insurance industry, Niva Bupa Health Insurance (formerly Max Bupa Health Insurance) provides a comprehensive range of health insurance policies to meet the various demands of policyholders. These plans offer substantial healthcare expense coverage for individuals, families, seniors, parents, kids, etc. Niva Bupa Health Companion Policy, one of the reputable insurer’s dependable health insurance plans, is one of the aspects of which we will talk more in this post.
The policy is available in four variations, namely variants 1, 2, 3, and Family First, and covers individuals for a range of sums insured between Rs. 2 lakh and Rs. 200 lakh. The policy can be purchased for 1 year, 2 years, or 3 years depending on your budget and needs. It can cover up to 19 relationships, including parents, children, siblings, and others.
Benefits of Coverage Under Niva Bupa Health Companion Policy
If you have Niva Bupa Health Insurance’s Health Companion Policy, you will be reimbursed for the following costs:
Hospitalization Costs: Up to the amount insured, your Health Companion Policy will pay your hospitalisation costs. These costs include rent for the room, nursing costs, boarding costs, etc. All of the versions offer the benefit.
Pre-Hospitalization And Post-Hospitalization Expenses: For a maximum of 30 days and 60 days, respectively, the policy provides coverage for pre-hospitalization and post-hospitalization costs for the insured. The benefit will be paid out up to the insured amount.
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Daycare Treatments: Daycare treatments are ones that don’t call for a minimum 24-hour hospital stay. These consist of sinusitis, chemotherapy, cataract surgery, and radiotherapy. You are covered for such treatments up to the sum insured limit under the policy.
Emergency ambulance costs: These are the costs associated with transferring a patient to the closest hospital in the event of an urgent medical condition. You will receive up to Rs. 3,000 in emergency ambulance coverage if you are covered by this policy.
Living Organ Donor Transplant: Up to the sum insured maximum, the policy will cover your costs for living organ donor transplants.
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Animal bite vaccination: Depending on the quantity of insurance selected, the policy covers you for expenditures resulting from an animal bite in various amounts. 2,500, 5,000, and 7,500 rupees, for instance.
Alternative Therapies: Up to the amount of coverage allowed by the policy, alternative therapies such as ayurveda, unani, siddha, and homoeopathy are covered.
Health Checkup: Depending on the sum insured option and the annexure, the policy will pay for your health checkup costs once every two years or once every year.
Hospitalization at home costs : Also known as domiciliary hospitalisation costs. You are covered by the policy for in-home hospitalisation costs up to the sum insured maximum.
Modern Treatments: You are covered for modern treatments under this policy up to the amount insured, with a sub-limit of Rs. 1 lakh for a few robotic surgeries.
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In addition to these advantages, the policy includes a hospital cash benefit that, in the event of hospitalisation, provides cash of Rs. 1,000 per day, Rs. 2,000 per day, or Rs. 4,000 per day, depending on the version. Additionally, there is a safeguard rider that provides benefits for Claim Safeguard, No Claim Bonus Safeguard, and Sum Insured Safeguard.
To sum up
A practical product, the Health Companion Policy covers a variety of healthcare costs for you and your family for a reasonable premium. It is advised to purchase this policy due to its extensive coverage, even if your company already provides health insurance. You may relax knowing that the coverage will always keep you safe.
Disclaimer: This material is just meant to provide general information and is published in the interest of the entire public. Readers are urged to conduct additional research or consult an expert before relying on the article’s contents as definitive in nature.