Navi Health Insurance is a wholly owned subsidiary of Navi Technologies- a digital finance lending organization owned by Sachin Bansal. Navi Health Insurance started its operations in November 2017 and adopted a digital method of selling its insurance products via the Navi Health Insurance App. It has more than 1.1 million customers and offers a variety of health insurance plans along with motor, property, commercial, and gadget insurance solutions.
Navi Health Insurance Plans offer individuals with health coverage of up to INR 1 Crore via a paperless process. The insurer has a large network of over 10,000+ cashless hospitals that provide the best medical care. Navi Health Insurance also focuses on a hassle-free claim settlement process within 20 minutes offering customers a smooth insurance experience.
Navi Health Insurance runs on the values of Integrity, Respect, Collaboration, Innovation, and Customer-Centricity. Navi Health Insurance offers several benefits including in-patient hospitalization, cashless hospitalization, pre and post-hospitalization, hospitalization at home cover, COVID-19 cover, daycare treatment, no room rent capping, optional critical illness cover, and optional maternity cover, etc.
Key Features of Navi Health Insurance
Navi Health Insurance is amongst the top performers in the insurance sector. To get more insight into the company's performance, take a look at the below key features that will help you to analyze the company based on its performance:
Network Hospitals: The company has tie-up with more than 10,000+ hospitals. These hospitals allow the policyholders to avail cashless treatments at the time of a medical emergency.
PAN India Presence With a presence in more than 400+ locations, Navi Health Insurance company ensures that the policyholder can directly visit their nearest branch office for any of their policy-related or claim-related queries.
Solvency Ratio: Navi Health Insurance has a Solvency Ratio of 2 as per the IRDAI annual report 2021-22. The solvency ratio helps the prospective policyholder assess the ability of a company to meet its financial obligations. As of now, IRDAI mandates maintaining a healthy solvency ratio of 1.50 for every insurer.
Claim Support Claim support of an insurer helps you analyze its claims settling ability. As per the IRDAI annual report of 2021-22, the claim support of Navi Health Insurance is 99.99%.
Annual Premium: As per the annual report of IRDAI 2021-22, The Annual premium of Navi Capital Health Insurance is 106.57 Cr.
20 Minute Claim Settlement Navi Health Insurance offers a hassle-free 20 minute claim settlement process for both reimbursement claims and reimbursement claims. It is a simple process wherein you can visit the nearest insurance help desk at a Navi network hospital, and provide the necessary details like policy number and ID proof for the claim settlement.
High Sum Insured: Navi Health Insurance Plans offer insurance holders to opt from a wide range of sum insured options. The insurer offers plans that can offer SI up to 1Cr.
Navi Health Plan
A comprehensive health insurance plan that can be opted on an Individual or Non-Floater or Family Floater basis.
Unique Features
Modern Treatment Available
AYUSH treatment available
Organ Donor Expense covered
Top 5 Reasons to Buy Navi Health Insurance Policy
There are multiple advantages that are associated with Navi Health insurance plans if you select the right one suitable for you and your family's needs. The insurance provider is selected by many across the nation and we have mentioned the top 5 reasons below:
Digital Insurance Products: Navi Health Insurance offers hassle-free insurance solutions via their Navi Health Insurance App making it easier for individuals to avail insurance policies via their smartphones in an instant.
Multiple Category of Insurance: Navi Health insurance policies are intended to serve all types of customers. Customers can choose from a variety of insurance needs, investment needs, and more.
Smooth Renewal Process : Navi Health Insurance offers a smooth policy renewal process. The insurance holders can simply visit the official website of Navi Health Insurance, enter their respective policy details and pay the renewal premium. Once your payment process is complete you will receive a confirmation email on your registered email address.
Avail Online Consultations: Insurance Holders need not worry about visiting doctors every now and then when they can do so, via the unlimited e-consultation option provided by their Navi health insurance plans. With minimal additional premium cost, you can avail unlimited e-consultations from the comfort of your home with the top medical practitioners in the country.
Coverage Against Accidents: Navi Health Insurance Plans offer an additional 100% sum insured for road accident injuries in case your base sum insured has been exhausted. This feature ensures your safety under unforeseen circumstances.
Navi Health Insurance Buying Process
For buying a Navi Health Insurance policy, one has two options. Either they can purchase directly from the Navi app or can buy from PolicyX.com.
Choose the Navi health plan and click on 'Buy Now'.
Pay the premium and your policy document will be shared with you on your registered email id.
Alternatively, you can buy their policies through third-party intermediaries like agents and brokers.
As discussed above, Navi General insurance company utilizes the digital approach for selling its insurance products to customers. There's no need for any paperwork as customers can have access to all the services of the company within just 2 minutes.
Why Buy from PolicyX.com?
With so many buying options available in the market, one must think about why he/she needs to choose PolicyX.com. Well, we are here to answer.
IRDAI Approved: The Insurance Regulatory Development Authority of India (IRDAI) is a regulatory body created to protect the policyholder's interest. PolicyX.com follows all the guidelines and protocols approved
by the IRDAI.
Free Comparison Service: With PolicyX.com, you can easily compare the best Health Plans in India without paying the extra amount.
Compare 15 Companies in 30 Seconds: With us, you can compare up to 15 companies in just a few seconds.
Buy Insurance withing 5 mins: With PolicyX.com, you can buy your policy online without any hassles. We offer an easy 4-step online buying process that allows you to buy your policy without any troubles.
24*7 Customer Service: The experts of PolicyX.com are always available to resolve any of your insurance-related queries.
Free Future Claim Assistance: Our team will assist you at every step of your claim process. Be it claim intimation, documentation, or any other process, we are always there to help.
Navi Health Insurance Claim Process
Navi Health Insurance company offers an easy and convenient claims settlement process. The policyholder can either choose cashless claims or can opt for reimbursement claims:
Cashless Claim Process
Notify the company about your claim request by calling its toll-free number or writing an email.
For planned hospitalization, notify the company at least 48 hours prior to admission.
In case of emergency hospitalization, the claim notification should be sent to the company within 24 hours of admission to the hospital or before discharge whichever is earlier.
Provide the health card along with photo identification proof of the policyholder to the hospital authorities.
Duly fill out the cashless request form and submit it to the hospital.
Pre-authorization request form will be sent by the hospital to the cashless department of TPA.
At the time of discharge, the hospital will forward a final authorization request.
Discharge will be done post receipt of the final authorization letter by the hospital.
Once done, the payment will be made to the network hospital
Reimbursement Claim Process
If you are admitted to a non-network hospital, you have to pay the hospital directly after the treatment is done.
Customers are required to settle all the hospital bills.
At the time of discharge, he/she must collect all the important documents provided by the hospital including the discharge summary and bills.
Submit all these documents to the company or Third-Party Administration within 15 days from the date of discharge
The company will verify all the documents. On approval, the claim amount will be released.
How To Contact Navi Health Insurance
Navi health insurance customer care is 24*7 available to look after your queries. To get in touch with Navi health insurance customer care, opt for the below methods:
Registered office: Salarpuria Business Centre, 4th Floor, 93, 5th A Block, Koramangala Industrial Layout, Bengaluru, Karnataka - 560095
insurance.help@navi.com
+91 81475 44555
Navi Health Insurance: FAQs
1. Do Navi health insurance plans have a copayment clause?
Yes, the health insurance plans by Navi have a copayment clause of 5% that is applicable to the claim amount admissible and payable as per the terms and conditions of the policy.
2. Can I change the sum insured amount of my health insurance plan?
The sum insured amount can be changed (increased/ decreased) only at the time of renewal or at any time, subject to underwriting by the Company. For any increase in sum insured, the waiting period shall start afresh only for the enhanced portion of the sum insured.
3. Can I port my Navi health insurance policy?
Yes, as per the guidelines issued by IRDAI, Navi insurance company allows its customers to port their policy to other insurers.
4. How many times can I claim under a Navi Insurance Company?
There is no restriction on the number of claims that can be filed. One is allowed to make claims until his/her chosen sum insured is exhausted.
5. Which Critical Illnesses are covered under Navi Health Plan?
Cancer of Specified Severity
Myocardial Infarction (First Heart Attack of Specified Severity)
Open Chest CABG
Open Heart Replacement or Repair of Heart Valves
Kidney Failure Requiring Regular Dialysis
Stroke Resulting in Permanent Symptoms
Major Organ / Bone Marrow Transplant
Permanent Paralysis of Limbs
Multiple Sclerosis with Persisting Symptoms
Third Degree Burns
6. Is it possible to renew the Navi Health Insurance plan for a lifetime?
Yes, one can renew their Navi Health Insurance for the lifetime of the members covered in the policy's participants. The coverage for a dependent kid can be renewed up to the age of 30.
7. Who can I add to one policy?
You can add the following family members to the policy: - Yourself - Spouse - Dependent children - Your parents or your parents-in-law The maximum number of adults in a policy cannot be more than 2.
Read what our customers have to say about Navi Health health insurance company
vanita
Indore
February 24, 2022
Me and my husband met with accident and got injured during night. we admitted to the non-network hospital but the company paid reimbursement for our medical bills on time.
Sonam Gandhi
Jaipur
September 6, 2021
Best comany. Have brought one health plan for every member of my family, including my parents in-laws as well as my parents.
Purvi Choudhary
Chandigarh
August 30, 2021
I bought the health policy from Navi General in 2018, and I must say that the company assisted me at every single step patiently and even helped me out to choose an ideal coverage as per my nee...
Kiran Manish Dhaiya
Bhopal
August 30, 2021
Thankyou PolicyX.com for helping me in choosing this amazing health company. I have not made any claim since I have bought this policy. Very lucky for me.
Vivek Dhaiya
Chandigarh
August 30, 2021
A class plan. Bahut varieties deti hai company health plans ki.
Go and buy your policy now. 5 stars from my side.
Pritam Negi
Agra
August 30, 2021
My sister told me to buy Navi Health Policy. For the last 2 years, I have had this policy. Very good customer service.
Avinash Sinha
Bhopal
August 30, 2021
My father-in-law suggested me to buy a Health plan from Navi General. Happy to say that the company offers various benefits and I am totally satisfied with the policy. Good going.
Devi Kumari
Indore
August 30, 2021
Simply loved the way the Navi General cares for its customers. If you are looking for a trustworthy company, this is 100% for you.
