What is the Difference Between ReAssure vs ReAssure 2.0 Health Insurance Policy?

Medical insurance plans are a necessity in these contemporary times. People often plan their finances and savings but medical emergencies can sometimes shatter those big plans and drain your bank accounts. To avoid such situations, one must plan to buy the best health insurance plans available in the market. Niva Bupa is one of the best health insurance company in India. They offer different plans that cater to your needs and support you during medical emergencies.

One of the latest additions to the list of the best health insurance plans under Niva Bupa is ReAssure 2.0. This plan is an upgrade to the existing ReAssure plan, with more features and additional benefits. Let us understand what these plans are and how they differ from each other.

What are ReAssure and ReAssure 2.0?

Think of ReAssure as a standard medical insurance plan that provides good coverage but might have limitations when it comes to renewals and flexibility. ReAssure 2.0 is like a premium version with extra features and benefits, offering a more comprehensive and potentially cheaper (with healthy habits) medical insurance experience.

Benefits of ReAssure

Niva Bupa ReAssure offers a range of benefits that can help manage medical costs and provide peace of mind. Here are some of the key advantages:

• Pre and post-hospitalisation: Covers medical bills for 60 days before and 180 days after hospitalisation.
• Day Care: Covers expenses for treatments that don't require an overnight stay.
• Wide Range of Treatments: Provides coverage for modern medical treatments, alternative therapies, and even organ transplants.
• Ambulance Services: Covers charges for emergency road and air ambulance transportation.
• Lifelong Renewability: Guarantees policy renewal regardless of your health or claim history.
• Sum Insured Increase: Allows you to increase the sum insured amount to keep pace with medical inflation.
• ReAssure Benefit: Offers unlimited reinstatement of your base sum insured within a year if you use up your coverage.
• Booster Benefit: Increases your sum insured by 50% for every claim-free year, up to a maximum of 100% (decreases by 50% if you make a claim).

It also has a cashless facility that enables you to avail medical treatment at network hospitals without upfront payments. It provides annual health check-ups for early disease detection. The premiums paid also qualify for tax deductions under Section 80D of the Income Tax Act. The teleconsultation feature provides access to unlimited consultations with doctors via phone or video call.

Benefits of ReAssure 2.0

Niva Bupa ReAssure 2.0 is a comprehensive medical insurance plan that offers a variety of benefits, including:

• In-patient and Out-patient Coverage: This covers hospitalisation expenses, pre- and post-hospitalisation costs, ambulance charges, and AYUSH treatments.
• ReAssure Forever: This benefit provides unlimited coverage for hospitalisation expenses after the first claim is paid.
• Lock the Clock: This benefit allows you to lock in your premium rate for a certain number of years, regardless of your age.
• Booster+: This benefit allows you to carry forward any unused sum insured amount to the next policy year for up to 5 or 10 times the base sum insured amount.
• Safeguard+: This optional rider allows you to waive the waiting period for pre-existing diseases.
• Live Healthy Discount: This benefit offers a discount on your premium if you maintain a healthy lifestyle.

Added Features in ReAssure 2.0

With ReAssure 2.0, Niva Bupa focused on enhancing the benefits of RessAssure by introducing more features, such as:

Clock Lock

With this groundbreaking feature, the age of entry for the policyholder remains fixed until their first claim is made. Consequently, the customer pays premiums based on their entry age until the first claim is processed. Later, regular premiums will be determined according to age bands.

Booster+ Advantage

This feature permits the accumulation of unused base sums insured for the subsequent policy year(s). The sum insured accumulates with each renewal, reaching up to 5 or 10 times, depending on whether the customer chooses the platinum+ or titanium+ variant.

Safeguard+

An optional benefit that enables claims for all non-payable items listed in the Non-Payables Annexure. Additionally, it safeguards the Booster+ benefit if the claim amount within a policy year does not exceed ₹1 lakh. This ensures that if the claim amount is below ₹1 lakh, the entire base sum insured is carried forward to the next policy year without any deductions.

Difference Between ReAssure and ReAssure 2.0

It is important to know the difference between these two plans to make a choice for better advantages and fulfil your requirements:

Concluding Thoughts

Medical insurance in India is a growing sector, offering protection during medical emergencies. Having the best health insurance plans in India is essential for anyone wanting a safe future. Niva Bupa, one of the best health insurance company in India, can help you decide what plans to choose from. If you are someone who wants to protect yourself and your family, Niva Bupa Reassure and ReAssure 2.0 are the perfect choices for you.