Niva Bupa Health Insurance vs Tata AIG Health Insurance...

Niva Bupa Health Insurance : Choosing the right health insurance is crucial for your family’s financial security and peace of mind. Two leading names in India’s health insurance sector are Niva Bupa Health Insurance and Tata AIG Health Insurance. Both offer a range of plans with comprehensive coverage, but they differ in certain key aspects. Here’s a detailed comparison to help you make an informed decision

Niva Bupa Health Insurance Network Hospitals and Cashless Facilities

Niva Bupa offers cashless hospitalization at 10,868 network hospitals, while Tata AIG provides access to 12,101 network hospitals, giving Tata AIG a slightly broader reach for cashless treatments.

Plan Features and Benefits

Both insurers cover hospitalization, COVID-19, critical illnesses, day care procedures, ambulance charges, and pre- and post-hospitalization expenses.

Niva Bupa plans, such as Health Pulse and Health Plus, offer features like coverage for 536 daycare procedures, organ donor expenses, domiciliary treatment, and pre- and post-hospitalization cover.

Tata AIG’s Medicare plans include global coverage for planned hospitalizations, AYUSH benefits, hearing aid coverage, health check-ups, and accidental death benefit as an add-on. Tata AIG also covers 540+ daycare treatments and offers bariatric surgery and vaccination cover.

Sum Insured and Plan Options

Niva Bupa offers coverage ranging from ₹1 lakh to ₹3 crore, with plan variants like Silver, Gold, and Platinum, and specialized plans for OPD expenses and critical illnesses.

Tata AIG’s sum insured options range from ₹3 lakh up to ₹3 crore, depending on the plan. Their Medicare Premier plan allows higher coverage, and plans can be customized for individuals or families.

Claim Settlement Ratio

Tata AIG has a higher claim settlement ratio (CSR) of around 96% according to some sources, while Niva Bupa’s CSR is reported between 81% and 91% depending on the source and year. A higher CSR generally indicates better chances of claim approval.

Premium and Eligibility

Both insurers offer competitive premiums, but actual costs depend on age, sum insured, and plan type. Tata AIG allows entry from 91 days to 65 years, while Niva Bupa’s eligibility varies by plan