Niva Bupa Money Saver Plan

Overview

The Niva Bupa Money Saver health insurance plan is a combination of two separate health plans: Niva Bupa Health Companion and Niva Bupa Health Recharge. It comes in two categories: individual plan and family floater plan types. The Money Saver plan is designed to provide the maximum benefits of two combined plans at affordable premiums.

Why Premiums are Lower

Why are the premiums lower for the Money Saver health plan compared to buying the Health Recharge plan and Health Companion plan separately? Let's understand this with an example:

Suppose a 25-year-old individual, Prashant, buys a Niva Bupa Money Saver plan with a sum insured of INR 30 Lakhs. The Health Companion covers INR 5 Lakhs, while the Health Recharge plan covers INR 25 Lakhs. For Prashant, living in a city (excluding Delhi (NCR), Surat, Kolkata, Mumbai, Thane, Jaipur, Ludhiana, and Pune), the estimated monthly premium will be approximately INR 620. The Health Recharge plan has a deductible of INR 5 Lakhs, which is covered by the Health Companion plan.

Waiting Periods for Specific Conditions Under the Niva Bupa Money Saver Plan

Below are the waiting periods for specific medical conditions under the Money Saver insurance policy:

• Waiting period for pre-existing diseases: 36 months.
• Specific waiting period for listed illnesses (except cancer-related conditions): 24 months.
• Cancer-related conditions: Covered after a 30-day initial waiting period.
• Accidental conditions: Covered from day 1.

Note: Waiting periods do not apply to e-consultation, personal accident cover, or critical illness cover. Refer to policy documents and wordings to know more about exclusions, terms and conditions.

Inclusions

Additionally, the Niva Bupa Money Saver health plan provides extended coverage from both supporting plans. The specifications are given below:

Exclusions

The Money Saver policy of Niva Bupa Health Insurance does not cover the following conditions:

• Artificial life support.
• Subsidiary or ancillary hospital charges.
• Risky or life-threatening activities, sports, and adventure.
• Behavioral, neurodevelopmental, and neurodegenerative disorders.
• Conditions arising from disaster and conflict.
• External or congenital anomalies.
• Cure and rehabilitation treatments.
• Cosmetic, beautification, or facial surgeries.
• Oral or dental treatments.
• Optical correction and eyesight complications.
• Experimental, unproven, or unrecognised treatments.
• Incidental diagnostic procedures.
• Non-medical expenses.
• Obesity and weight management treatments.
• Alcoholism or drug abuse.
• Menopause and puberty-related health conditions.
• Fertility and maternity treatment expenses.
• Robotic-assisted surgery, laser, and light-based treatments.
• STDs and similar infections.
• Unlawful activities and treatments received outside India.
• Treatments taken in unlisted or excluded network hospitals.
• Other medical expenses not covered in the policy documents.