Niva Bupa (Max Bupa)
ReAssure 2.0 Platinum+
Much like ReAssure, ReAssure 2.0 Platinum+ seems like it is the best policy in its class. Its economical. It covers most bases. It doesn't have outrageous conditions. And it offers a whole host of benefits including forever restoration (as described below), a better bonus cover package and age-lock feature (as described below once again). Unfortunately, the aggressive pricing means that Niva Bupa has the tough task of paying out ever larger claims while also managing to keep prices low. Can they do it? We don't know.
What's good here?
Age Lock Benefit
Your premiums will not increase until you make a claim. However, once the claim is made, the premiums will increase based on age, inflation etc.
Your premiums will not increase until you make a claim. However, once the claim is made, the premiums will increase based on age, inflation etc.
You’ll never have to split the bill
The insurer will bear the entire cost of treatment (up to the sum insured). You won’t have to pay a single penny. Meaning this policy has no co-payment.
You always have full cover irrespective of the disease
No funny business here. If your insurer hasn’t explicitly stated they won’t cover a certain illness, you can claim the full amount up to the sum insured, irrespective of the disease you’re dealing with. Meaning this policy doesn't impose the dreaded disease wise sub-limits.
Restoration Forever
Your cover is restored in full the moment you make a claim. And you will have the extra cover throughout your policy term. Also the restored sum will be added on top of your existing cover and you can claim the full amount (what's left of your base cover and the restored sum) while making a claim. You can talk to our advisors for a more thorough explanation.
Carry forward your unutilized cover
Every year the policy will calculate the unutilized base cover and transfer it to the next year. So if you started with 10 lakhs and you made a claim totalling 2 lakhs, the remaining 8 lakhs will be added to your cover next year and you will have 18 lakhs (10 lakhs base cover + 8 Lakhs unutilized base cover + bonus) for the next year. This will continue until your cover totals 5x the base sum insured.
Full coverage even if you are forced to hospitalize at home
The insurer will bear the costs even if you are hospitalized at home due to a condition or the hospital running out of beds. In insurance lingo, they call this a policy with domiciliary cover.
You can pick any room you like
Shared room, single room, deluxe room or any room that’s available. The insurer won’t nitpick on your choice of room since the policy has no restrictions on room rent.
Pre & Post hospitalization expenses covered
No worries if the doctor had to run a host of diagnostic tests before or after hospitalizing you. The insurer has your back. They will cover this amount in full for a pretty reasonable duration - 60 days before you are hospitalized and 180 days after discharge. This includes the cost of medication by the way.
Day Care treatments covered
If you’re hospitalized for less than 24 hours in lieu of a minor procedure, then the insurer will cover these costs too. Think dialysis, chemotherapy or minor surgeries.
Free Health Checkups every year
If you’re planning on getting a full body checkup every year just to make sure you’re in fine working condition, the insurer will cover the costs.
Covers Alternative Medicine
Think of getting Ayurvedic, Homeopathic or other alternative treatments to cure an illness? Your insurer will cover you fully, up to the sum insured.
What's okay here?
Reasonable waiting period for pre-existing diseases
If you’re already dealing with diabetes, cardiovascular problems or any such illnesses, the insurer will cover all costs arising out of these pre-existing problems after you wait for 3 years.
If you’re already dealing with diabetes, cardiovascular problems or any such illnesses, the insurer will cover all costs arising out of these pre-existing problems after you wait for 3 years.
Frequently Asked Questions
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