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ICICI Lombard IP Plan vs Niva Bupa Health ReAssure – What’s Worth Your Money?
If you’ve ever tried comparing health insurance plans online, you probably ended up with a dozen tabs open, a splitting headache, and the sudden urge to become a monk. Picking the right health insurance plan in India isn’t easy. There’s confusing jargon, fine print mentioning exclusions, and then there are those features that sound like they were named by an overexcited techie with a thesaurus.
Among the many plans out there, ICICI Lombard and Niva Bupa have made a name for themselves. ICICI Lombard’s Health AdvantEdge and Niva Bupa’s Health ReAssure 2.0 both promise to give you not just medical coverage but peace of mind. That’s assuming you can read through their brochures without needing medical attention yourself.
But here’s the good news: you don’t need to suffer through the fine print. This guide is for you if looking to compare Niva Bupa and ICICI Lombard, searching for solid health protection, planning your health insurance renewal, or simply trying not to overpay for a policy that won’t even cover the room you want in a hospital.
We’ll help you figure out which plan gives you more bang for your premium buck and why both ICICI and Niva Bupa health insurance are strong contenders in the medical insurance arena.
ICICI Lombard IP Plan vs Niva Bupa Health ReAssure
When you’re evaluating health insurance, you want more than just flashy brochures. You want value, flexibility, and enough coverage to not panic every time a hospital bill lands in your lap. Both ICICI Lombard’s Health AdvantEdge and Niva Bupa’s Health ReAssure 2.0 bring serious offerings to the table. They offer high sum insured options, innovative benefits, and some tempting value-adds.
Let’s break down what each one brings to your health table without pitting them against each other just yet.
ICICI Lombard Health AdvantEdge Policy
The Health AdvantEdge plan from ICICI Health Insurance is like your well-organised friend who never misses a beat. With sum insured options starting from ₹5 lakhs and going to ₹3 crores, this policy brings flexibility for singles and families alike. You get reset benefits, comprehensive coverage for pre- and post-hospitalisation, and a wide hospital network.
Add to that unlimited e-consultations, no room rent limit, and wellness rewards that might just nudge you to walk those extra 2,000 steps. You will even get maternity benefits and newborn baby cover as add-ons.
Niva Bupa Health ReAssure 2.0 Policy
The ReAssure 2.0 policy from Niva Bupa health insurance is like your friendly neighbour who always has an umbrella handy. It offers a high sum insured starting at ₹5 lakhs up to ₹1 crore, and yes, that “ReAssure” benefit kicks in after your first claim, giving you unlimited recharge. There’s no cap on room rent, coverage for daycare treatments, wellness perks, and even daily hospital cash.
Add additional hospital cash, maternity, and modern treatment coverage, and you’re looking at a plan that can flex with your lifestyle needs.
ICICI Lombard Health AdvantEdge vs Niva Bupa Health ReAssure 2.0: Which One is Ideal?
Here’s a comparative table for ICICI Lombard Health AdvantEdge and Niva Bupa ReAssure 2.0. It helps you see how each health insurance plan aligns with what you value most:
| Feature | ICICI Lombard Health AdvantEdge | Niva Bupa ReAssure 2.0 |
| Sum Insured | ₹5 lakhs – ₹3 crore | ₹5 lakhs – ₹1 crore |
| Restore Benefit | Full sum-insured restores are available | Unlimited ReAssure+ restoration after 1st claim |
| Pre & Post Hospitalisation | 60 and 180 days | 60 and 180 days |
| Daycare Treatment | Covered | Covered |
| OPD Benefit | Not part of the base coverage | OPD consultation is covered |
| Wellness Benefits | Annual check-ups, wellness programs & discounts | Preventive health check-ups and healthy discounts |
| Room Rent | No sub-limit for sum insured over ₹20 lakhs | No sub-limit |
| Daily Hospital Cash | Available as an optional benefit | Available as an optional benefit |
| No Claim Benefit | 20 % cumulative bonus up to 100 % | Pay as per entry age till the first claim |
| E-consultations | Available as an add-on | Available on the app |
| Family Coverage | Available | Available |
| Add-on Options | Available | Available |
Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
Over to You
Now that you’ve seen all the features laid out side by side, it’s time to make a choice that works for you. Below are the benefits that both plans offer:
1.Ample sum insured options so you can choose what fits your health needs and budget.
2.Restore benefits that replenish your coverage if you make a claim.
3.Coverage for both hospitalisation and daycare treatments, so you're not caught off guard.
3.Pre‑ and post‑hospitalisation expenses are included to ease financial stress.
4.Outpatient or OPD cover, along with wellness and e‑consultation support.
5.Generous room rent limits and optional daily hospital cash if you stay admitted.
6.A consistent No Claim Bonus/loyalty benefit cycle for claim-free years.
7.Add‑on options like maternity support, critical illness cover, and ambulance cover
Please make sure your policy renewal aligns with your changing needs. As your lifestyle evolves, maybe you get married, start a family, or move houses, you’ll want a medical insurance policy that evolves too. Combine your medical insurance plan with complementary policies like critical illness insurance and term insurance to cover all financial risks comprehensively. At the end of the day, you should feel secure knowing health setbacks won’t derail your plans.
Speak to an Advisor 1.Ample sum insured options so you can choose what fits your health needs and budget.
2.Restore benefits that replenish your coverage if you make a claim.
3.Coverage for both hospitalisation and daycare treatments, so you're not caught off guard.
3.Pre‑ and post‑hospitalisation expenses are included to ease financial stress.
4.Outpatient or OPD cover, along with wellness and e‑consultation support.
5.Generous room rent limits and optional daily hospital cash if you stay admitted.
6.A consistent No Claim Bonus/loyalty benefit cycle for claim-free years.
7.Add‑on options like maternity support, critical illness cover, and ambulance cover
Please make sure your policy renewal aligns with your changing needs. As your lifestyle evolves, maybe you get married, start a family, or move houses, you’ll want a medical insurance policy that evolves too. Combine your medical insurance plan with complementary policies like critical illness insurance and term insurance to cover all financial risks comprehensively. At the end of the day, you should feel secure knowing health setbacks won’t derail your plans.
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