Niva Bupa Health Insurance Company Limited
Registered standalone Indian health insurer listed in IRDAI's public registered-entity records. Use the official website link for direct verification.
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Founded in 2008 as Max Bupa Health Insurance, a 74:26 joint venture between Max India and the UK's Bupa Group, with operations starting in 2010. Ownership shifted several times — Bupa raised its stake to 49% in 2015, Max India's remaining stake was acquired by True North's Fettle Tone LLP in 2019, and Bupa became majority shareholder (~63%, later ~55%+ post-IPO) after buying an additional stake from True North in 2023. Rebranded Niva Bupa in July 2021; listed via IPO in November 2024.
CSR = % of claims actually paid out of total claims filed. Higher is better for policyholders.
Source: IRDAI Annual Report ↗| Year | CSR % | Solvency | ICR | Complaints |
|---|---|---|---|---|
| FY 2019-20 | 53.51% | 177% | — | — |
| FY 2020-21 | 56.09% | 209% | 56.09% | — |
| FY 2021-22 | 62.12% | 172% | 62.12% | — |
| FY 2022-23 | 54.05% | 167% | 54.05% | — |
| FY 2023-24 | 59.02% | 255% | 59.02% | — |
CSR over the years (IRDAI data)
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Niva Bupa Health — Plans
20 plans · Key details from official policy documents.
| Plan Name | Type | Sum Insured | Min Age | Max Age | Renewal | Room Rent | Co-pay | PED Waiting | Initial WP | Maternity WP | Restoration | OPD | Key Features |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Health Companion Variant 2022▼Compare this plan → | Health Insurance | ₹3L, ₹4L, ₹5L, ₹7.5L, ₹10L, ₹12.5L, ₹15L, ₹20L, ₹30L, ₹50L, ₹75L, ₹1 Cr | 18 years | No limit | — | — | No co-pay | 36 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | Not covered - maternity expenses (including complicated deliveries, caesarean sections) are a permanent exclusion, except ectopic pregnancy | ✓ | ✗ | 🩺✓✓✓ |
Senior First Platinum▼Compare this plan → | Senior Citizen | ₹5L, ₹10L, ₹15L, ₹20L, ₹25L | 61 years | 75 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | ✓✓🩺 |
Aspire Gold+▼Compare this plan → | Health Insurance | ₹3L, ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | 18 years | 65 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | 48 months (M-iracle waiting period) | — | — | 🩺✓ |
Health Companion Variant 2023▼Compare this plan → | Health Insurance | ₹3L, ₹4L, ₹5L, ₹7.5L, ₹10L, ₹12.5L, ₹15L, ₹20L, ₹30L, ₹50L, ₹75L, ₹1 Cr | 18 years | No limit | — | — | No co-pay | 36 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | Not covered - maternity expenses (including complicated deliveries, caesarean sections) are a permanent exclusion, except ectopic pregnancy | ✓ | ✗ | 🩺✓✓✓ |
ReAssure 3.0 Black▼Compare this plan → | Health Insurance | ₹5L, ₹10L, Unlimited | 18 years | 99 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | ✓✓ |
ReAssure 3.0 Classic▼Compare this plan → | Health Insurance | ₹5L, ₹10L, Unlimited | 18 years | 99 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | ✓✓ |
ReAssure 3.0 Elite▼Compare this plan → | Health Insurance | ₹5L, ₹10L, Unlimited | 18 years | 99 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | ✓✓ |
ReAssure 3.0 Select▼Compare this plan → | Health Insurance | ₹5L, ₹10L, Unlimited | 18 years | 99 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | ✓✓ |
Health Premia Gold▼Compare this plan → | Health Insurance | ₹10L, ₹15L, ₹20L, ₹30L, ₹50L | 18 years | 65 years | — | — | No co-pay | 24 months | 30 days (illness only; not applicable on renewal policies) | — | — | — | 📱✓✓🩺 |
Health Premia Platinum▼Compare this plan → | Health Insurance | ₹1 Cr, ₹2 Cr, ₹3 Cr | 18 years | 65 years | — | — | No co-pay | 24 months | 30 days (illness only; not applicable on renewal policies) | — | — | ✓ | 📱✓✓🩺✓ |
Senior First Gold▼Compare this plan → | Senior Citizen | ₹5L, ₹10L | 61 years | 75 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | ✓✓ |
ReAssure 2.0 Platinum+▼Compare this plan → | Health Insurance | ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | — | — | — | — | No co-pay | 36 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | 🩺✓ |
ReAssure 2.0 Titanium+▼Compare this plan → | Health Insurance | ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | — | — | — | — | No co-pay | 36 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | 🩺✓ |
Rise▼Compare this plan → | Health Insurance | ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹75L, ₹1 Cr | 18 years | 99 years | — | — | No co-pay | 36 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | 🩺📱✓ |
Aspire Diamond+▼Compare this plan → | Health Insurance | ₹3L, ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | 18 years | 65 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | 24 months (M-iracle waiting period) | — | — | 🩺✓ |
Aspire Platinum+▼Compare this plan → | Health Insurance | ₹3L, ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | 18 years | 65 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | 9 months (M-iracle waiting period) | — | — | 🩺✓ |
Aspire Sapphire+▼Compare this plan → | Health Insurance | ₹3L, ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | 18 years | 65 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | 12 months (M-iracle waiting period) | — | — | 🩺✓ |
Aspire Titanium+▼Compare this plan → | Health Insurance | ₹3L, ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | 18 years | 65 years | — | — | No co-pay | 24 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | 9 months (M-iracle waiting period) | — | — | 🩺✓ |
ReAssure 2.0 Bronze+▼Compare this plan → | Health Insurance | ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | — | — | — | — | No co-pay | 36 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | 🩺✓ |
ReAssure 2.0 Gold▼Compare this plan → | Health Insurance | ₹5L, ₹7.5L, ₹10L, ₹15L, ₹20L, ₹25L, ₹50L, ₹1 Cr | — | — | — | — | No co-pay | 36 months | 30 days (illness only; waived if continuously covered 12+ months; accidents covered day-1) | — | — | — | 🩺✓ |
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How to reach or escalate
Customer Support
C-98, Lajpat Nagar Part I, New Delhi – 110024
Grievance Escalation
Senior Citizens & IRDAI
IRDAI Bima Bharosa Portal
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bimabharosa.irdai.gov.in ↗