How is Max Bupa Health ReAssure as insurance policy. Are there any othe similar recommend ?
How is Max Bupa as an insurance company. What's the quality of their service ? Also, how is Max Bupa Health ReAssure as an insurance policy. Any other policies recommend with similar features ?
There is no perfect health insurance company, every one has an issue or two. Since Max Bupa is a specialised ii.e. standalone health insurance company their services are a bit better than many others. No insurer wants to give a hard time to their customer therefore it all depends on what details you share in proposal form provided customer has understood all t&c - benefits, exclusions & limits. Disappointment comes from when you are not aware of certian aspect of the plan you choose.
Max Bupa Re-assure: Your question is little generalistic. I could like a Brezza but you could prefer a Nexon or a Venue. It is a good enough product pays once policy holder is hospitalised, other companies too pay when their is hospitalisation. It will be better if your question could be a little specific on any benefit or feature.
A plan which is somewhat similar is HDFC Ergo Optima Restore.
Have a wonderful day ahead.
Thankyou for your advice.
Answers to your questions are as follows:
1) Please access IRDAI's annual report of FY 2019-20 & look at STATEMENTS beginning page 157. It will give you a good idea of some hard facts about each Insurer like premium underwritten, claims settlement ratio, claims settlement time, etc. On these parameters, Max Bupa looks comparable with other Health Insurers. .
2) These hard facts, however, do not speak about the customer experience rendered by Insurers/TPAs at the time of claim. Beshak team is working on a data driven soft indicator of customer experience. It will be published soon. Keep watching this space.
3) Max Bupa Health Reassure is a good plan. It gives unlimited restoration upto base Sum Insured that can be used for any subsequent treatment in a policy year (same or different illness and/or same or different insured person).
Feel free to revert if you have more questions on this. Thanks
Thank you for your advice. 3 people with 20 lac cover. Any other alternatives to Health Reassure ?
Thank you for your advice.
You can check out products from other stand alone health insurers like Manipal Cigna, Aditya Birla Health, Star Health, HDFC Ergo Health, Religare, etc. All of them give restoration in their policies albeit the terms of restoration are different. Check them out. For specific questions, feel free to revert.
Niva Bupa have a Sub Limit of Rs 1.00 Lakhs for robotic surgeries except 4 robotic surgeries. My Question is Should i buy this policy knowing the Sub limit? If yes, Why?
and if not, which other policy should i go for so that i have complete peace of mind.
Hi Shorya Karol
It will be convenient for us to advise more accurately if you can elaborate your requirement more specifically . As selecting a product on one aspect will be difficult .As every company is having one or other better benefit then its peer.
Secondly you can check AB Health Insurance plan where they don't have any restriction on modern surgery other then senior citizen .