Why Should You Buy Niva Bupa (Max Bupa) Cancer Insurance Policy?
Sheela is a woman employee working in a private limited company in Bangalore. She is having some health issues and was diagnosed in a clinic. At last, she came to know that she is having the symptoms of ovarian cancer. Doctors told her that she requires immediate medical attention. However, she couldn’t afford expenses for the medical costs. Fortunately, she bought an insurance plan 6 months ago that protected her from high treatment expenses to a large extent.
Cancer is a life-threatening disease that can affect your life. Therefore, you should consider buying a cancer insurance policy from a reputed company to manage your treatment costs with ease. Choosing a cancer insurance policy allows you to get coverage for all stages of cancer that will help overcome unwanted problems. It allows you to undergo high-quality treatment in listed hospitals in your location. Not only that, you can safeguard your family from financial losses and other problems to experience peace of mind. One such policy to consider for such a life-threatening disease is the Niva Bupa Cancer Insurance Policy.
Why Should You Purchase a Cancer Insurance Policy?
The diagnostic and treatment costs for cancer are high in India because it requires special medical care depending on the stage. Hence, you should consider purchasing an insurance plan for cancer that will help you wipe out your entire life savings. It even lets you plan for medical emergencies in hospitals thereby helping you to reduce risks. The primary benefit of a cancer insurance policy is that it pays for both diagnostic and treatment expenses enabling you to gain more benefits.
Many health insurance plans offer coverage for cancer under terminal illness. However, they have some restrictions and sub-limits that are not sufficient for you. It is wise for you to select a separate insurance plan from the markets that will help reduce stress. Buying a cancer insurance policy allows you to get coverage for all costs related to cancer treatment.
Know More About Niva Bupa (Max Bupa) Cancer Insurance
As a policy buyer, it becomes difficult for you to choose the best insurance company that caters to your needs. Max Bupa cancer insurance offers cashless treatment in a wide range of hospitals allowing you to minimize high expenses. The insurance plan enables you to claim amounts for both minor and major stage cancer. It makes feasible ways to get the required coverage with the best features. Apart from that, the plan allows you to ensure financial security not only for you but also for your family to meet their exact needs. Also known as Niva Bupa health insurance, it provides ways to get coverage for all stages of cancer that will help ensure peace of mind.
What are the Features of Niva Bupa Cancer Insurance?
Before buying Niva Bupa (Max Bupa) cancer insurance from the markets, you should know the features in detail. Not only that, it allows you to decide whether to buy the same or not that will help accomplish goals considerably.
- Cancer Insurance Pay-out on Diagnosis
The insurance plan allows you to receive a lump sum amount when you are diagnosed with cancer symptoms. It even helps you to claim the amount for diagnosis purposes by addressing your exact needs. Besides that, the plan enables you to receive amounts for your treatment that will reduce your burden.
- Increased Sum Insured Per Year
You can get an increased sum insured per year with this plan when you are diagnosed with cancer symptoms that give ways to overcome high treatment costs. Moreover, it helps you to get the necessary coverage while undergoing treatment in a hospital.
- Waiver of Premiums
Niva Bupa allows you to get the benefit of a waiver of insurance premiums when you have been diagnosed with cancer symptoms. That means you don’t have to pay the remaining premiums enabling you to save your money.
- Low Premium Prices
You can buy this plan at low premium prices that will help reduce your expenses to a large extent. Niva Bupa cancer insurance is an ideal choice for you when you are looking for a plan at affordable prices. It provides methods to get the right coverage for your treatment expenses.
- Income Protection
You will get income protection on your sum assured amount with a certain percentage when your cancer symptoms are in a major stage. At the same time, you should know the number of years while availing of this feature.
- Tax Savings
You can also save tax after buying Niva Bupa cancer insurance plans in deduction forms as per the income tax laws. They allow you to save your money on taxes significantly.
How to Buy Niva Bupa Cancer Online?
If you want to get high discounts on Niva Bupa cancer insurance policies, then you should consider buying them online.
You should follow the below steps when you want to buy a plan online.
- Enter Your Basic Details
You should enter your basic details such as age, date of birth, income, gender, etc. Check your eligibility before purchasing a policy.
- Choose Sum Insured and Maturity Age
The next step is to choose your sum insured and maturity age wisely which will help decide your estimated premium amount.
- Make Payments After Choosing a Plan
You can make payments by using choices such as net banking, UPI, etc. On the other hand, make sure that you read the terms and conditions properly while purchasing this plan.
The Bottom Line
Cancer can lead to potential threats when you are not able to get the right treatment. You should consider purchasing a cancer insurance plan Max Bupa because it allows you to get coverage for all stages of cancer. The plan is suitable for you to protect your family from financial crunches. At the same time, you should evaluate whether it satisfies your needs when it comes to cancer treatment. The insurance plan is ideal for your children and other family members that will help reduce mental worries. You can also get maximum coverage against cancer symptoms with this plan that gives ways to lower complications in the treatment process.
Niva Bupa Cancer Insurance FAQs
Is chemotherapy covered by Niva Bupa Cancer Insurance Policy?
Yes, a cancer insurance plan like the Niva Bupa cancer plan is designed to meet the finances required for specific healthcare requirements for a cancer patient, like diagnosis, treatments like chemotherapy, radiation, and even surgery.
How do I choose the best cancer plan from Niva Bupa?
The following tips will help you choose the best cancer plan from Niva Bupa:
1. Check the Cancer Treatment Cost Coverage
2. Calculate the Premium for Cancer Plan
3. Go for a Higher Sum Assured Cancer Plan
4. Choose a Cancer Plan that Covers All Cancer Stages
5. Go for a Cancer Plan with a Longer Policy Term
What are the top benefits of the Niva Bupa Cancer Insurance Policy?
Some of the main benefits of the Niva Bupa Cancer Insurance Policy are:
1. Low Premium Prices
2. Waiver of Premiums
3. Increased Sum Insured Per Year
4. Cancer Insurance Pay-out on Diagnosis
5. Tax Benefits
6. Income Protection
Can we take Niva Bupa insurance after a cancer diagnosis?
It is not possible to buy a Niva Bupa cancer insurance plan after a cancer diagnosis, but you can get a critical illness cover with your existing insurance plan.
Is cancer insurance policies tax deductible?
Yes, many cancer insurance policies like Niva Bupa offers tax savings under the Income Tax Act of 80D.
How does cancer insurance work?
A cancer insurance policy like Niva Bupa cancer insurance policy offers a lump sum to the policyholder if he/she is diagnosed with cancer. The standard pay-out paid depends on the premiums. It will be higher if the premium paid is higher, and vice-versa.
What is the age limit to buy a cancer insurance plan in India?
The standard minimum entry age to buy a cancer insurance plan in India is 18 years, and the standard maximum entry age is 65 years.
How much cover is recommended under Niva Bupa Cancer Insurance Policy?
Before buying a Niva Bupa cancer health insurance plan, make sure to read the terms and conditions thoroughly. Try to choose a cover that is as comprehensive as possible and includes coverage for all the cancer diagnoses, treatments, medications, chemotherapy, radiation treatment, hospitalization, and surgical treatments. Also, ensure the plan covers all the stages of cancer with a minimum waiting period.
How to buy Niva Bupa cancer insurance online?
Buying a Niva Bupa cancer insurance plan online is pretty simple. All you need to do is follow these steps:
1. Enter Basic Details on the official website of the company
2. Choose a sum insured and maturity age
3. Make payments after choosing a plan using net banking, UPI, or debit/credit card