*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Financial consultants and advisors recommend buying a health insurance policy ahead of time in life. A New India Health Insurance Policy is a good and safe option in this regard.
New India Assurance is a fully-owned government subsidiary and functions in 28 countries across the world. Headquartered in Mumbai, the insurer offers a range of health plans that can be availed for individuals, families, senior citizens and so on.
Health insurance products offered under New India Health Insurance are affordably priced and comprehensive in nature. The plans offer health checkup expenses after three claim-free years.
The company owes its success to a powerful presence in domestic and international spheres, a wide variety of insurance plans, advanced and helpful technology, and efficient complaint management system. It is the only insurance company in India known to be a direct insurer.
The company offers insurance policies to customers in the following areas:
New India Assurance has improved and refined more than 160 products that are related to general insurance. Its vast network consists of auto giants, non-government institutions, brokers, organizations etc. with 2395 offices functional in various cities across the country.
A health insurance policy from New India Medical Insurance is vital for many reasons. Individuals who are not covered/are uninsured get little medical attention and less care, they experience serious health consequences, and no insurance is much financial stress and burden on themselves and their loved ones. Further on, the benefits of health insurance coverage exceed the expenses for additional services. The insured can view the options he/she can choose and compare health insurance plans online. An online comparison will help you in making a suitable choice. You can make use of an online calculator to know the premium, which differs for each policy.
Features of this policy include the following:
Some of the policy benefits are availed as:
The policy covers the insured for the following expenses:
New India Assurance Health Policy does not cover the following criteria:
The New India Assurance Company has a sequence of low-cost insurance plans for families as well as individuals such as:
The New India Assurance Family Mediclaim Policy comes with the following features and benefits:
The New India Mediclaim Policy has a tenure of one year only.
This health insurance plan can be utilized by persons in the age limit of 18-60 years. Children aged between 18-25 years are also insured as long as their parents are also insured at the same time, and they are dependent financially on their parents. Exceptions include an unmarried daughter and a mentally disabled child. For those aged above 50 years, a health check-up will be necessary. But 50% of the medical checkup expenses will be recompensed if the company approves the policy.
The policy sum insured ranges from Rs 2 lakh to 5 lakh. The premium to be paid is based on the following guidelines:
This insurance plan covers the below-mentioned points:
This policy has a tenure of two to three years.
This insurance policy can be used by persons who are citizens of India and are in the age group of 18-60 years having an official visa living abroad for the objective of employment for the duration of cover as given in the policy.
At present, this policy offers coverage of Rs 10 lakh for death by accident/permanent disability at Rs 275 and Rs. 375 (premium) for a tenure of two and three years each.
The New India Assurance Senior Citizen Mediclaim Policy covers the below expenses
For applying for a New India Senior Citizen Mediclaim Policy, persons in the age group of 60-80 years do qualify. The renewal extends till 90 years without a gap.
The insured sum is between Rs 1 lakh to Rs 1.5 lakh and no claim bonus adds up by 5% for every claim-free year. Low premiums depend on the insured sum and age. An increase of 10% to 20% will apply based on age. A family savings of 10% is also applicable.
*All savings offered by the insurer are as per the IRDAI approval. Standard T&C apply.
This health insurance plan from New India Assurance covers the following expenses related to hospitalization:
Under this policy, the below mentioned personal accident plans are also covered:
S.No |
Type of Cover |
|
Remuneration |
1. |
Total and Permanent Disability of |
Policyholder or Spouse |
100% of Insured Sum |
|
|
Policyholder and |
200% of Insured |
|
|
Spouse |
Sum |
2. |
Loss of vision in one eye/one Limb |
Policyholder or Spouse |
50% of Insured Sum |
|
|
Policyholder and Spouse |
100% of Insured Sum |
3. |
Loss of one eye and one limb or loss of both limbs and/or both eyes of |
Policyholder or Spouse |
100% of Insured Sum |
|
|
Policyholder and Spouse |
200% of Insured Sum |
4. |
Death by Accident |
Policyholder or Spouse |
100% of Insured Sum |
|
|
Policyholder and Spouse |
200% of Insured Sum |
The tenure of this policy is typically one year only.
To be eligible for this policy, the minimum age of the insured must be 18 years, and the maximum age is 65 years.
The premiums for this policy are exempt from taxes. The insured sum options available are Rs 2 lakh, 3 lakh, 5 lakh and Rs 8 lakh.
Under this plan, medical costs incurred by the insured out of India are covered When talking about any contracted injuries or ailments or diseases, these include:
Holiday and Occupational Plans which comprise of lost passport, medical/transportation expenses, delay and loss of baggage which has been checked in and personal liability
For both the cases mentioned above, deductibles apply. A waiting period of 90 days is applicable in case of a claim.
The policy’s tenure is 180 days, and the insured can obtain an extension for an additional 180 days. The cover begins from the departure date or from the insurance’s first day, whichever comes afterward and legitimate to the arrival date (scheduled) or actual date of arrival, whichever is first.
Persons who are aged between 18 to 65 years qualify for this policy, on the condition that the plans are availed of before leaving the country.
The premium to be paid by the insured depends on his/her age, length/time of the journey, and the visiting country.
Each New India Assurance Health Policy comes with eligibility criteria. But given below are inclusive criteria to adhere to for applying to the New India Health Insurance policy:
Under the New India Health Insurance Plan, if a person wants to make a claim, he/she should:
A claim form is required to be filled out, which can be downloaded from the website of the insurance company.
The form’s Part A is required to be filled by the insured/policyholder with personal information, insurance record/history, policy number, hospitalization details, bank account information, and claim details. The guidelines to fill up the form are mentioned in the form.
Part B of the claim form is filled by the hospital where the treatment was received. The policyholder or insured must fill Part A of the form with the following details:
The insured can visit the official website of Paisawiki for New India Assurance Mediclaim Policy Renewal. He/she is required to put in their customer ID and insurance policy number, which will be directed to their mobile number by way of SMS. Then, the insured should click on the 'Proceed' key. He/she can view their renewal notification onscreen, which also lists information on premiums. Payment for premiums can be made by using a credit card, debit card, or online banking facility. After the payment is made, the policy will be renewed.
New India health insurance plans can be bought easily at Paisawiki.com. One just has to go to the home page by visiting Paisawiki.com, navigate through the plans of New India Assurance, provide the necessary information in the drop-down box and click on the “view plan’ option. Various plans with their various coverage options will appear. The applicant can choose and pay the premium online through a secured online payment gateway.
Ans: The New India Health Insurance Company presents 2 ways of paying the premium:
When choosing online payment, the insured can pay by way of:
Ans: He/she should visit the official website and use the customer ID and password to check the policy status.
Ans: If the insured would like to go for a claim settlement, he/she can inform the company by simply filling out an online form. When the procedure is successful, claim settlement takes place in some days.
Ans: The insured/policyholder can visit the nearby branch along with policy documents and appropriately filled form, which they can obtain at the branch. The refund amount will be duly credited to the insured's bank account, and the policy will be canceled.
Ans: The Mediclaim Policy usually covers the following:
Ans: The Mediclaim Policy is accessible to individuals in the age group of 18 years – 65 years. This policy is available for children also aged between 3 months – 25 years on the condition that one or both the child’s parents are covered under the policy already.
The insured/policyholder can obtain tax benefit of up to Rs 25,000 per year for premiums paid for the health insurance policy for self, dependent children and spouse if he/she is aged below 60 years under Income Tax Act, 1961 – Section 80D.
Ans: Yes, New India Assurance offers Hospital Cash benefit to a certain limit under a few of health insurance schemes such as New India Premier Mediclaim Policy, New India Asha Kiran Policy, and New India Floater Mediclaim Policy.
Ans: Yes, the toll-free customer care number for New India Health Insurance is 1800-209-1415.
Ans: Group Mediclaim Policy can be applied for by a group of individuals from central management. An organization that has a strength of 100 members at least, who would like to be insured by the mediclaim policy, can apply for it. This policy is not restricted to a corporate unit, educational institute, or an association.
Ans: Any disease or illness which takes place after 45 days from the health consultation's last date is considered to be a new ailment. Inside a period of 45 days, from the last date of medical care, any ailment recurring or reverting is treated appropriately with medical care along with continual treatment.