Niva Bupa Health Assurance Policy offers a personal accidental plan that helps you during medical contingencies like sudden, accidental death and disability. This policy provides the much-needed financial support that your family needs without shelling out your years of savings.
The Health Assurance policy provides high flexibility to customers to choose this plan for themselves or their entire family, with an option to select all or any of the three covers. The customers also have the option to choose their own sum insured for the guaranteed cash payment ranging from Rs. 3 lakh to Rs. 2 crore in case of critical illness cover, Rs. 5 lakh to Rs. 25 lakh for personal accident cover, and Rs. 1,000 to Rs. 4,000 per day as daily cash benefit under hospital cash. This plan proves to be a major support in accidental and irreparable crisis times.
Accidental death is covered under this plan. In the case of accidental death of any insured person, 100% of the sum assured is payable under the Niva Bupa Health Assurance Plan.
In case the insured individual sustains a serious accidental bodily injury during the policy term, which directly or independently causes permanent total disability within 12 months from the date of that accident, the insurer will pay 125% of the sum insured.
If the insured individual sustains permanent partial disability due to an accident, the insurer will pay up to 100% of the sum insured.
Children's education benefit is an optional cover that is payable towards the cost of the education of your dependent children in case of death or permanent disability due to an accident.
The policy also covers funeral expenses of up to Rs. 5,000 of all the persons insured under the Niva Bupa Health Assurance Plan.
*The accident hospitalisation benefit shall be available only for hospitalisation in India if the insured person is hospitalised solely and directly due to an injury sustained from an accident during the policy period.
The Niva Bupa Health Assurance Plan covers all the accidental expenses for the insured in any part of the world.
The insured has the flexibility to choose from the three plan options available under the health assurance policy.
• If the insured suffers a critical illness during the policy period and while the policy is in force, they will be paid the sum insured provided that:
• Critical illness first occurs or manifests itself during the policy period
• The signs and symptoms of such critical illness commence after 90 days from the date of commencement of the policy, i.e. the benefit would not be payable if the signs or symptoms occurred during the first 90 days or earlier from the date of commencement of coverage, as specified in the Schedule of Insurance Certificate
• The insured person survives for a minimum period of at least 30 days from the date of diagnosis of such critical illness for the claim to be admissible
•The top 20 critical illnesses are covered under CritiCare are as follows:
|1. Cancer of specified severity||2. Multiple sclerosis with persisting symptoms|
|3. Myocardial infarction||4. Aplastic anaemia|
|5. Open chest CABG||6. Bacterial meningitis|
|7. Open heart replacement or repair of heart valves||8. Loss of speech|
|9. Coma of specified severity||10. End-stage liver disease|
|11. Kidney failure requiring regular dialysis||12. Deafness|
|13. Stroke resulting in permanent symptoms||14. End-stage lung disease|
|15. Major organ/ bone marrow transplant||16. Fulminant viral hepatitis|
|17. Permanent paralysis of limbs||18. Third-degree burns|
|19. Motor neuron disease with permanent symptoms||20. Muscular dystrophy|
|Niva Bupa Health Assurance Plan|
|Insurer name||Niva Bupa Health Insurance Company Limited|
|Policy type||Individual/ family floater||Individual||Individual/ family floater|
|Entry age||Adults: 18 to 65 years
Dependent children: 2 years to 21 years
|Adults: 18 to 65 years||Adults: 18 to 65 years
Dependent children: 1 day to 21 years
|Renewal||Lifetime renewable||Lifetime renewable||Lifetime renewable|
|Policy term||One, two, or three years||One, two, or three years||One, two, or three years|
Health insurance helps you be stress-free while dealing with medical contingencies due to sickness and accidental injuries. The plans are available starting from Rs. 576, with maximum coverage of Rs. 25 lakh.
To purchase the policy, follow these steps:
The following mandatory documents will be needed to purchase the policy:
Life is uncertain, and so are medical emergencies and accidents. Use the guide below to complete your claim processing in a few simple steps.
With the Niva Bupa Health Assurance Plan, you can benefit from cashless treatment at one of 5000+ network hospitals by following the process below:
Documents required for reimbursing claims
Collect the relevant documents mentioned below in original from the hospital and submit them to the insurer within 15 days of discharge from the hospital.
Initial Waiting Period
Refer to the policy brochure to know further exclusions in detail.
BFL helpline number: 08698010101
Niva Bupa helpline number: 1860-500-1000
Mailing address: Ground Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014.
*For claim related issues, please refer to your policy document or Certificate of Insurance (COI).
Bajaj Finance Limited (BFL) is a registered corporate agent of third party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, SBI General Insurance Co. Ltd, ACKO General Insurance Co. Ltd., Niva Bupa Health Insurance Company Limited, Aditya Birla Health Insurance Company Limited, and Manipal Cigna Health Insurance Company Limited under the IRDAI composite registration number CA0101.
Please note that BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely voluntary after you exercise independent due diligence on the suitability and viability of any insurance product. Any decision to purchase an insurance product is solely at your own risk and responsibility, and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. This product provides insurance coverage under Niva Bupa Health Assurance insurance policy (Product UIN: IRDAI/HLT/MBHI/P-H/V. II/175/2016-17). Please refer to the insurer's website for policy wordings. For more details on risk factors, terms and conditions, and exclusions, please read the product sales brochure carefully before concluding a sale.
Tax benefits applicable, if any, will be per the prevailing tax laws. Tax laws are subject to change. BFL does NOT provide tax/ investment advisory services. Please consult your advisors before proceeding to purchase an insurance product.
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