Niva Bupa Arogya Sanjeevani Policy

Overview

The Niva Bupa Arogya Sanjeevani health policy is an indemnity plan designed to provide comprehensive coverage at an affordable premium. Available as an individual or family floater health policy, it offers a maximum sum insured of INR 10 Lakh, sufficient for covering primary family members like your spouse, children, parents, and parents-in-law.

In times of emergency, this health insurance plan covers medical expenses related to hospitalisation, including pre and post-hospitalisation, ICU charges, and room rent with a sub-limit of INR 5,000 per day. Unlike some other Arogya Sanjeevani policies, Niva Bupa covers COVID-19 treatment and medical expenses related to AYUSH treatment or alternative therapies. The plan also includes coverage for specified daycare procedures.

The Niva Bupa Arogya Sanjeevani policy offers streamlined and essential medical support, ensuring overall safety for your family. Its affordability makes it suitable for various sections of society.

The Arogya Sanjeevani policy is an excellent choice for those new to health insurance, featuring a co-payment clause of just 5% on every claim raised during a policy tenure. This page provides detailed information about the Niva Bupa Arogya Sanjeevani policy, including its eligibility criteria, specific benefits, and the claim settlement process.

Read on to learn more about this comprehensive policy.

Benefits of Niva Bupa Arogya Sanjeevani Policy

Family Coverage

The Arogya Sanjeevani indemnity plan ensures the safety of your family members (with a floater plan). It provides medical support to the policyholder, legally married spouse, children, parents, and parents-in-law under a single plan.

COVID-19 Treatment Coverage

You do not need other plans specifically for COVID-19 coverage, as the Niva Bupa Arogya Sanjeevani policy is sufficient to cover hospital costs for coronavirus treatment.

Daycare Procedure Coverage

The plan offers coverage for specified daycare procedures that require hospitalisation for less than or equal to 24 hours. The procedures covered are mentioned during policy commencement.

Grace Period

If you pay your premiums annually, you receive a grace period of 30 days. For other payment modes, the policy provides a grace period of 15 days.

Tax Benefits

All premiums paid towards the Niva Bupa Arogya Sanjeevani Policy are eligible for tax benefits under Section 80D of the Income Tax Act, 1961.

Exclusions

• Any external congenital illnesses or voluntary treatments like cosmetic therapies, beautification, or plastic surgery.
• OPD and home care treatments.
• Unproven treatments, rest care, or rehabilitation.
• Sterility and infertility, birth control, or gender change treatments.
• Maternity expenses like childbirth, miscarriage, and lawful medical termination of pregnancy during the policy period.
• Hypertension, diabetes, cardiac arrests, organ transplants, or donor expenses.
• Investigation and evaluation purposes.
• Obesity, weight control, or liposuction.
• Hazardous/adventure sports, nuclear wars, or defensive attacks.
• Breach of the law, alcoholism, drug, or substance abuse cases.