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Reviewed by Finzony Finance TeamLast updated:
ReAssure 3.0 is Niva Bupa's flagship family health insurance plan, built around one idea: a sum insured that never runs out. Every variant (Classic, Select, Elite and Black) offers an unlimited base sum insured from Day 1, so a very large claim or several hospitalisations in the same year cannot exhaust your cover. The plan is available on an individual and a family floater basis. Beyond the unlimited cover, ReAssure 3.0 lets you decide how long you wait for pre-existing conditions. You can add the optional Day 1 PED cover, which waives the waiting period on up to 145 listed conditions, or keep the standard 36-month waiting period. Hospital stays of 2 hours or more are covered, home care treatment is covered up to the sum insured, and the Elite and Black variants add Lock the Clock, which freezes your premium at your entry age until your first paid claim. Optional add-ons include Borderless cover for treatment outside India, Wellconsult+ for outpatient and wellness needs, Cash-Bag+, HeadsUp, a personal accident cover and a hospital daily cash benefit. What you actually get depends heavily on the variant you pick, so compare Classic, Select, Elite and Black before you buy.
Unlimited sum insured on every variant, with optional Day 1 cover for up to 145 pre-existing conditions.
ReAssure 3.0 is the plan to shortlist if your biggest worry is a very large or repeated claim. An unlimited base sum insured on every variant, plus the option to be covered for listed pre-existing conditions from Day 1, is a combination few health plans in India offer. The trade-off is that the headline benefits and the real-world experience are not the same across variants. Classic and Select limit your room category and cap modern treatments at ₹1 lakh per claim, and Lock the Clock is only on Elite and Black. Day 1 PED cover is optional, needs underwriting and carries an extra premium loading. If you are buying this plan, the variant matters as much as the plan name, so choose the one whose room and treatment limits you are comfortable with.
Niva Bupa Health Insurance
Key Insights
Founded
2008
Niva Bupa Health Insurance was established 18 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
91.6% CSR, calculated as a 3-year average
Niva Bupa Health Insurance settles 91.6% of all claims it receives.
Network Hospitals
10,000+
Niva Bupa Health Insurance has a network of 10,000+ hospitals, ensuring wide accessibility and convenience for policyholders.
Every variant offers an unlimited base sum insured from Day 1, for any number of claims and for all illnesses, so your cover cannot be used up. Fixed sum insured options of ₹5 lakh and ₹10 lakh are also available.
An optional benefit that waives the waiting period on up to 145 listed pre-existing conditions. You can choose cover from Day 1 or keep the standard 36-month waiting period.
Optional, subject to underwriting and extra premium
You pay the premium for your entry age until you make a claim, which protects you from age-linked premium increases at renewal.
Elite and Black variants only
Medical expenses are covered for hospital stays of 2 hours or more, and 24 hours or more at AYUSH hospitals.
Expenses are covered for 60 days before admission and 180 days after discharge.
Cover for treatment outside India, with a co-payment you can set between 0% and 50%. It can be opted for all illnesses or only for specified illnesses.
Limit by variant: Black up to ₹5 crore, Elite up to ₹50 lakh, Select up to ₹10 lakh, not on Classic
Extends cover beyond hospitalisation with unlimited tele and video consultations, physical consultations, lab tests, medicines, gym, diet and physiotherapy sessions, dental and vision. You can choose up to 5 times the premium as the Wellconsult+ sum insured.
ReAssure 3.0 has a 30-day initial waiting period, a 24-month waiting period for listed conditions and a 36-month waiting period for pre-existing diseases. You can shorten these with optional add-ons, or waive the pre-existing disease waiting period on up to 145 listed conditions with Day 1 PED cover, which is subject to underwriting and extra premium. At underwriting, the insurer can also attach a personal waiting period of up to 48 months to specific conditions named on your policy schedule.
Initial waiting period
Applies to all illnesses. Claims arising from an accident are covered from Day 1.
Listed conditions and procedures
Can be reduced to 12 or 16 months with the Specific Disease Wait Time Modification add-on.
Pre-existing diseases
Can be reduced to 12 or 24 months with an add-on, or waived on up to 145 listed conditions with Day 1 PED cover.
Personal waiting period
Applied at underwriting to specific conditions named on your policy schedule.
Conditions or treatments that the policy clearly says it will not cover.
Listed conditions and procedures carry a 24-month waiting period under ReAssure 3.0. The exact list is in the policy wording. Conditions that are commonly listed in plans of this type include the ones below, so check the wording before you rely on cover for any of them.
Insurer
Niva Bupa Health Insurance plans and claim process
ReAssure 3.0 offers three sum insured options: ₹5 lakh, ₹10 lakh and an unlimited base sum insured. The unlimited option is available on all four variants, Classic, Select, Elite and Black.
Only if you opt for the Day 1 PED cover, which waives the waiting period on up to 145 listed pre-existing conditions. It is subject to underwriting and carries an extra premium loading. Without it, pre-existing diseases are covered after a 36-month waiting period.
The variants differ in room type, modern treatment limits, ambulance cover and optional add-on limits. Classic covers up to a general room and Select up to a twin sharing room, while Elite covers all rooms except Deluxe or Suite and Black has no room type capping. Lock the Clock is available only on Elite and Black.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official Niva Bupa Health Insurance website before purchasing.
Contact Details
1860 500 8888
Headquarters: C-98, First Floor, Lajpat Nagar, Part 1, New Delhi – 110024, India.
The aforementioned ratios have been averaged over three years (FY24-FY26)
Reduces the pre-existing disease waiting period from 36 months to 12 or 24 months.
Reduces the specific disease waiting period from 24 months to 12 or 16 months.
Earn cashback on every claim-free year: 10% of the first renewal premium and 5% of every later renewal premium, plus an extra 10% of the accumulated amount for each block of 3 claim-free years. You can use it to pay premiums, OPD, deductible and co-payment.
Cover for accidental death and disability.
Limit by variant: Black up to ₹1 crore, Elite up to ₹50 lakh, Select up to ₹20 lakh, Classic up to ₹10 lakh
A fixed daily amount for each day of hospitalisation, for up to 30 days in a year.
Per day: Black ₹4,000, Elite ₹2,000, Select and Classic ₹1,000
Health check-up as per defined packages for all insured members from Day 1, on a cashless basis only.
Call 48 hours before a planned hospitalisation (within 24 hours of admission in an emergency) and get treated at a recommended provider. A 20% co-payment applies if you are treated outside the recommended list.
Opt for a 15% premium discount. A 20% co-payment applies if you are treated outside the tiered network.
Lock the Clock means you pay the premium for the age at which you bought the policy, until you make a claim. It protects you from age-linked premium increases at renewal and is available only on the Elite and Black variants.
Yes. The pre-existing disease waiting period of 36 months can be reduced to 12 or 24 months, and the 24-month waiting period for listed conditions can be reduced to 12 or 16 months, using optional add-ons. The 30-day initial waiting period stays the same.
Only if you add the optional Borderless cover. You can choose it for all illnesses or only for specified illnesses, and set a co-payment between 0% and 50%. The limit depends on the variant: up to ₹5 crore on Black, ₹50 lakh on Elite and ₹10 lakh on Select. It is not available on Classic.
ReAssure 3.0 is available on an individual and a family floater basis. Adults can enter from 18 years and children from 91 days, and the policy is renewable for life.
ReAssure 3.0 adds an unlimited base sum insured and the option of Day 1 cover for pre-existing conditions. ReAssure 2.0 works on fixed sum insured options and relies on Booster+, which carries forward unused sum insured up to 10 times the base cover. Check both policy wordings before you choose.