How Niva Bupa’s Safeguard Add-on Works

/ Health Insurance / by / September 5, 2022

With Niva Bupa's Safeguard Add-on, get access to additional benefits like- annual increase in coverage based on inflation rate, coverage for non-payable items and no impact on booster benefit.

How Niva Bupa's Safeguard Add-on Works

Niva Bupa Health Insurance wants to ensure that you have the freedom to maintain your health in accordance with your needs. Niva Bupa’s optional Safeguard add-on/rider benefit gives you even more power to manage several areas of your insurance, including:

  1. Claim Safeguard enables you to make cashless claims for goods that would otherwise be non-payable in the event of hospitalisation, including transportation costs, gloves, nebulizer kits, oxygen masks, and more, up to the amount covered.
  2. Booster-Benefit Safeguard means that if claims in a policy year total up to Rs. 50,000, your Booster benefit or No-Claim Bonus won’t be affected.
  3. Sum Insured Safeguard raises the base sum insured cumulatively each year in accordance with the inflation rate.

The inflation rate would be computed as the average Consumer Price index (CPI) of the entire calendar year published by the Central Statistical Organization (CSO). There is no maximum limit on the increase in the Sum Insured under this optional cover.