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HDFC Ergo Optima Restore vs Max Bupa ReAssure

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27 Dec, 2020 by  Pavan R

I'm confused between HDFC Ergo Optima Restore vs Max Bupa Reassure policy. The policy is for my mom (49 years) and myself (25 years). The premium of MaxBupa Reassure is cheaper as compared to the HDFC Ergo Restore policy. But I'm concerned with the brand value of Max Bupa vs HDFC Ergo. How good is it during the claim settlement process? Please help.

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Health Insurance

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29 Dec, 2020
We breathe insurance :)

Hello Pavan,

 

In our view, when it comes to comparing between Max Bupa vs HDFC Ergo, there is no problem and nothing to worry about any insurance company -

  • if you are clear about what you are buying (adequate coverage, the benefits, the financial limits, the various exclusions, quality of their hospital network etc.), and
  • if you are making full, transparent declarations to the insurance company through their proposal form or telephonic interviews.

 

We don't have details around the claim settlement process of Max Bupa or other companies right now. In our experience, we have found their services, experience to be comparable, did not find any striking difference.

 

PS: Would also recommend that you go for individual plans as far as possible, because floater may not be relevant in a few years, since you are already 25.

 

Hope this helps,

 

Regards,

Team Beshak

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29 Dec, 2020
Pavan R
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04 Jun, 2023
Razesh
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18 Nov, 2023
MD MERAJUL ISLAM
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19 Jan, 2024
Akshay Shenoy
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19 Jan, 2024
Akshay Shenoy
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30 Dec, 2020
We breathe insurance :)
What are the disadvantages of buying a multi individual policy for my mom and myself? That is, I'll be adding my mom in the same policy as mine. I'm referring to HDFC Optima Restore policy here. They're giving me a 10% discount on the premium if I add more than one family member to the same policy as mine. Both of the insured members will have a separate coverage of 10 lakh each. Please advise.


Hello Pavan,


What you are buying are two individual covers under one policy. As far as the covers are separate it is fine. We were talking about including your mother in a floater (where the health insurance cover is shared, not separate). We would recommend you gradually increase your cover to 15-20 Lakhs for your mother in the next few years. That way she would be better protected (against healthcare inflation) for the next 30 years.

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30 Dec, 2020
Pavan R
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02 Apr, 2023
kotha rakesh
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02 Apr, 2023
kotha rakesh
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30 Dec, 2020
We breathe insurance :)
Will this 10% discount continue for the rest of the renewals as well?


It will continue forever.

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Pavan

There is no material difference between policy features of HDFC Optima Restore vs Reassure. We work actively across both insurers. However, if I have to choose one over above, I would go via HDFC Ergo, being a bigger brand, deeper pockets. We haven't faced any issue so far on HDFC's claim settlement.

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31 Oct, 2022
Venkataramana C

Niva Bupa reassure plan is highly good and it has an option to include SAFEGUARD feature which will even cover the Disallowance items also like (NEBULIZER, BRACES, PPE (personal protection equipment's like masks and others)...


Pre-existing waiting period do apply but there is an option to choose the DISEASE MANAGEMENT rider so as to avail day 1 cover without waiting period for pre-existing conditions even though the premium will be higher, but still fine as the coverage will not have any limitations.


Specific waiting period for 17 conditions will apply for 2 years which is common across the industry during the inception of the policy. (Ex: cataract, hernia, fistula, hydrocele etc...)


Ideal plan to have a robust cover and with wide range of network hospitals PAN india, good to avail it.


With regard to brand, MAX BUPA is one of the widely known brands across the GLOBE with the best of practices followed by BUPA (british united provident association) with a consistent track record.



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02 Apr, 2023
kotha rakesh

Worst one I paid since many years .We admitted near by hospital to avoid distance.we claimed for 15000 rs as per bill.They harass us like anything 5- times again asking some documents ,then we leave like that and went to other insurance .we know early .....actually we both are doctors what about common people. never go what ever the reviews.they did not allow to review in their websitehdfc cheater

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23 Oct, 2023
Paperscrap Media

As long as you have compared other features in the policy required for you, brand value of Max Bupa and HDFC Ergo should not be a concern. For confidence you can look for claim settlement ratio for both of them in IRDAI annual report to give you a sense and comfort.

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31 Oct, 2023
jai prakash

Bhai donot look for brand value ..there is no brand ...buying policy with honesty is everything...and all the loopholes covered

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10 Feb, 2024
rahul kapil

HDFC IS BEST

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21 Mar, 2024
SUJIT GOSAVI

Hello,


I am reaching out to seek some guidance and information regarding my brother's decision to port his health insurance plan from Star Health to the Care Supreme plan offered by Care Insurance Company.


My brother initially purchased the Star Health policy back in March 2016, and now he is considering switching to the Care Supreme plan. However, before making this decision, we have a few questions and concerns that we hope the community can assist us with:


  1. Care Supreme Plan and Care Insurance Company: Could anyone provide insights into the Care Supreme plan and share their experiences with Care Insurance Company overall? We would like to understand the quality of services, coverage, and any notable aspects of the plan and the company itself.
  2. Pre-Existing Condition (PED) and Waiting Period: My brother underwent surgery for Fistula on February 14th, 2024. Given that he has been with Star Health for the past eight years, would this surgery be considered a pre-existing condition, and would he have to serve a waiting period for coverage under the Care Supreme plan? Despite this surgery, he is currently in good health with no other ongoing health issues.
  3. Instant Cover Add-On: Considering my brother has held the old policy with Star Health for eight years, would he still be required to purchase the Instant Cover Add-On when transitioning to the Care Supreme plan?


Thank you in advance for your time and assistance.

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