Niva Bupa Health Companion
Introduction to Niva Bupa Health Companion
Niva Bupa Health Companion is a health insurance policy offered by Niva Bupa Health Insurance Company Limited. A health insurance plan promises to pay for hospitalization expenses as well as expenses incurred before and after a hospitalization. It acts as a protective shield for savings and healthcare, so you and your family can live a happy, fulfilling life. Niva Bupa’s Health Companion Plan provides you with several features, benefits, and add-on covers to meet all of your and your family’s healthcare needs.
If you are looking for a plan that provides comprehensive coverage, this is a good option to consider. In addition to covering hospitalization and related expenses, it covers several other expenses including the cost of consumable items like gloves, oxygen masks, etc. Health Check-Up expenses are also covered from Day 1. Further, the plan provides you with an option to automatically increase your sum insured in accordance with the previous year’s inflation. On the flip side, however, this plan is slightly costlier than other products and does not offer the monthly premium payment option. And, our research suggests that the insurer has received fewer policy purchase complaints but a higher number of claim settlement complaints.
Pros & Cons: Niva Bupa Health Companion
Option to automatically increase the cover amount based on previous year's inflation- Covers non-medical expenses or the cost of consumables such as gloves, oxygen masks, nebulization kits, etc.
- Covers health check-up expenses from day 1
- Received fewer complaints during policy purchase compared to other insurer
Slightly costlier than other products in the market- Limitations on the type of hospital room you choose
- Monthly premium payment mode not available
- Received higher number of complaints on claim settlement compared to other insurers
- Our study observed their responses on Twitter to be relatively slower than other insurers
Specific Exclusions: Niva Bupa Health Companion
About Niva Bupa General Insurance Company Limited
Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) is a joint venture between Fettle Tone LLP and Bupa Singapore Holdings Pte. Limited. This standalone health insurance company provides a wide range of health insurance products that cater to the needs of its customers, such as individual health plans, family floaters, top-up policies, etc. It was founded in 2008 and is headquartered in New Delhi, India. Mr. Ashish Mehrotra is the company's CEO and MD.
Detailed Product Specs: Niva Bupa Health Companion
