How does the waiting period affect my coverage?

A 30-day waiting period applies, except for accidents. Pre-existing conditions are covered after 48 months, and specific illnesses after 24 months.

What if I don’t use my health insurance benefits for the entire year?

A No Claim Bonus increases your sum insured for each claim-free year, offering extra coverage without additional premiums for future expenses.

Does the Niva Bupa Health Companion Variant 1 plan cover treatment abroad?

This plan covers treatments within India. International coverage is not included, but optional add-ons may provide limited overseas emergency benefits.

Under what age parameters does the policy mandate a cost-sharing co-payment on approved claims?

The policy enforces a mandatory 20% co-payment configuration exclusively for individuals aged 65 years and above at the time of entry, requiring those senior policyholders to share that financial percentage on each admissible claim while enforcing zero mandatory cost-sharing for younger applicants.

How does the plan protect policyholders against premium hikes following a year with high claim payouts?

The policy incorporates a protected pricing structure that completely eliminates claim-based loading parameters, ensuring that your renewal premiums remain unaffected by your historical medical claims or individual hospitalization events.

OneAssure

Health Insurance

Niva Bupa

Health Companion Variant 1

Niva Bupa Health Companion Variant 1

Experience India's most trusted health insurance with Niva Bupa Health Insurance. Get instant cashless treatment at 10000 network hospitals with sum insured up to ₹50 lakhs.

92.02

Claim Settlement Ratio

10000

Network Hospitals

7.6

Customer Rating

Policy Brochure

Get a Quote

92.02

Claim Settlement Ratio

10000

Network Hospitals

7.6

Customer Rating

Policy Brochure

Our Verdict

Expert Review: Niva Bupa Health Insurance

Final Verdict

Niva Bupa Health Companion Variant 1 offers affordable coverage with a sum insured from ₹2 lakh to ₹5 lakh. Ideal for individuals and families, it ensures financial security with cashless treatment and tax benefits.

About

About Niva Bupa Health Insurance

Niva Bupa Health Companion Variant 1 is an affordable health insurance plan offering comprehensive coverage for individuals and families. It provides a sum insured ranging from ₹2 lakh to ₹5 lakh, covering hospitalization expenses, pre- and post-hospitalization costs, and daycare treatments. The plan includes benefits like domiciliary hospitalization, emergency ambulance services, and in-patient care. With lifelong renewability, no claim-based loading, and cashless hospitalization at network hospitals, Health Companion ensures financial security during medical emergencies while offering tax benefits under Section 80D.

Niva Bupa Health Companion Variant 1 is an affordable health insurance plan offering comprehensive coverage for individuals and families. It provides a sum insured ranging from ₹2 lakh to ₹5 lakh, covering hospitalization expenses, pre- and post-hospitalization costs, and daycare treatments. The plan includes benefits like domiciliary hospitalization, emergency ambulance services, and in-patient care. With lifelong renewability, no claim-based loading, and cashless hospitalization at network hospitals, Health Companion ensures financial security during medical emergencies while...

Variant 1 Ratings

Variant 1

Insurer Rating

5.28

out of 10

Insurance Rating

2

out of 10

No Room Rent Limit

No

Consumables Covered

No

No Co-payment

Yes

Loyalty Bonus >= 500%

Yes

No Disease Sublimits

No

Unlimited Restoration

No

Additional Benefits (Informational Only — Not part of score)

PED Waiting <= 2 Years

No

Maternity Available

No

Waiting Period Waiver

No

Testimonials

Real People. Real Relief

These are the moments that show what we really do. We don't sell you a policy. We stand by you when it matters most.

I want to sincerely thank Sunad for being there for me throughout the entire claim process. He helped me through so many ups and downs, always patient and ready to support when things got tough. I honestly don’t know how I would have managed without his guidance and encouragement. Sunad made a difficult situation feel a lot less stressful, and I’m truly grateful for his kindness and steadfast help.

Prashant Pandey

Mumbai, Maharashtra

Had a great experience with them during a difficult time. After my mother’s accident, we had to pay the hospital bill upfront, as cashless wasn’t available. They guided us through the reimbursement process, helped file the claim, and consistently followed up with the insurer until it was settled. Their support with the post-hospitalization claim was equally prompt and thorough.

Jatin Gala

Mumbai, Maharashtra

My heartfelt thanks to the OneAssure team for making my insurance claim process effortless. Right from the very first interaction, they demonstrated professionalism, clear communication, and an impressive command of the procedures involved. Their swift updates, timely guidance, and persistent follow-through removed all the stress from what could have been a complicated experience.

Anju Renjith

Bengaluru, Karnataka

I am truly grateful for the support and guidance I received in settling my insurance claim. The entire process was handled with great professionalism, clarity, and efficiency. Their prompt response, deep knowledge of the procedures, and consistent follow-ups ensured a smooth and hassle-free experience.Thank you once again for your invaluable help, highly recommended!

Yogesh Meena

Jaipur, Rajasthan

I recently had the pleasure of purchasing health insurance for my parents through this company, and my experience has been exceptional...The team was incredibly patient and took the time to explain every detail to me. No matter how many times I asked questions, they were always calm and thorough in their explanations. Their professionalism and dedication made a significant difference in helping me make an informed decision.

Akash Kumar

West Bengal

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Inclusions and Exclusions

Inclusions and Exclusions of Niva Bupa Insurance Company Limited

Room Rent

Room Rent Limit: No limit on room category, allowing flexibility in choosing any hospital room.
ICU Limit: No capping on ICU charges, ensuring full coverage for intensive care treatments as per the sum insured.

Advanced Treatments

Robotic and CyberKnife Surgery.
Bariatric Surgery.
Modern Cancer Treatments
Organ Transplant Coverage

Co-payment

Niva Bupa Health Companion Variant 1 does not have a mandatory co-payment for policyholders below 65 years. However, for individuals aged 65 and above, a 20% co-payment applies to all claims.

Cashless Healthcare Providers

10,000+ network hospitals.

Daycare Treatment

Covered under the policy.

AYUSH Treatment

Covered under this policy

Waiting Period

Initial Waiting Period: 30 days from the policy start date, except for accidental hospitalizations.
Pre-Existing Diseases (PED) Waiting Period: 48 months from the policy start date before coverage begins.
Specific Illness Waiting Period: 24 months for certain listed conditions like hernia, cataract, and joint replacements.
Maternity Waiting Period: 24 months (if maternity benefits are included in the policy).

Room Rent

Room Rent Limit: No limit on room category, allowing flexibility in choosing any hospital room.
ICU Limit: No capping on ICU charges, ensuring full coverage for intensive care treatments as per the sum insured.

Advanced Treatments

Robotic and CyberKnife Surgery.
Bariatric Surgery.
Modern Cancer Treatments
Organ Transplant Coverage

Co-payment

Niva Bupa Health Companion Variant 1 does not have a mandatory co-payment for policyholders below 65 years. However, for individuals aged 65 and above, a 20% co-payment applies to all claims.

Exclusions

Treatment costs for injuries or illnesses related to hazardous activities, adventure sports, or self-inflicted injuries.
Cosmetic or plastic surgery unless required due to an accident or medically necessary.
Treatment for alcohol, drug abuse, or substance-related disorders.
Congenital diseases, genetic disorders, and birth defects unless explicitly covered.
Infertility treatments, assisted reproductive techniques, and pregnancy-related expenses unless covered under maternity benefits.

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About the company

Niva Bupa Health Insurance Company Ltd. (formerly Max Bupa) is a standalone health insurer in India, formed through a joint venture between the UK-based Bupa Group and Indian private equity firm True North. Established in 2008, the company offers a comprehensive range of health insurance products for individuals, families, and senior citizens, designed to make quality healthcare more accessible and affordable. The company operates with a nationwide network of over 10,000 hospitals and provides coverage across hospitalization, surgeries, consultations, and post-hospital care. Under the leadership of Managing Director and CEO Krishnan Ramachandran, Niva Bupa has expanded its presence and strengthened...

Niva Bupa Health Insurance Company Ltd. (formerly Max Bupa) is a standalone health insurer in India, formed through a joint venture between the UK-based Bupa Group and Indian private equity firm True North. Established in 2008, the company offers a comprehensive range of health insurance products for individuals, families, and senior citizens, designed to make quality healthcare more accessible and affordable. The company operates with a nationwide network of over 10,000 hospitals and provides coverage...