Q1. Can I add my newlywed spouse to my New India Floater Mediclaim plan before renewal?

Ans: Yes. You can add your newlywed spouse to your New India Floater Mediclaim plan in between the policy year.

Q2. How many day care procedures are covered under the New India Floater Mediclaim plan?

Ans: The New India Floater Mediclaim plan provides coverage for 139 day care procedures.

Q3. Are there any sub-limits under the New India Floater Mediclaim policy?

Ans: Yes. The New India Floater Mediclaim policy applies sub-limits on room rent, ICU charges, cataract treatment and proportionate deduction on other expenses incurred at the hospital.

Q4. Where can I find the New India Floater Mediclaim premium chart?

Ans: You can check the premium payable for your policy with the help of the New India Floater Mediclaim premium chart.

Q5. Can I enhance the sum insured of my New India Floater Mediclaim policy?

Ans: Yes, you can enhance the sum insured of your New India Floater Mediclaim policy at the time of renewal.

New India Floater Mediclaim Plan: Buy Policy Online

New India Floater Mediclaim Plan

The New India Floater Mediclaim plan provides medical coverage against the emergency and planned treatments on a floater sum insured basis. It covers the medical expenses incurred on day care procedures, hospitalization, organ transplant, ambulance services, modern treatment and cataract surgery. The health insurance policy also offers coverage for critical illnesses, genetic diseases, congenital diseases, maternity expenses and mental illnesses.

Categories	Specifications
Sum Insured	Rs 2 lakh to Rs 15 lakh
Policy Tenure	1 year
Network Hospitals	3000+
Incurred Claim Ratio (2020-21)	92.79%
Pre-policy Medical Check-up	Required for people above the age of 50 years
Pre-existing Diseases Waiting Period	4 years
Discount	Up to 15% family discount 10% digital discount

Benefits of New India Floater Mediclaim Plan

Here are the key benefits of purchasing a New India Floater Mediclaim plan:

Cumulative Bonus

On every claim-free renewal, the sum insured will be increased by 25% without any increase in the premium amount. A maximum cumulative bonus of 50% is granted to the policyholder.

Cashless Hospitalization

The New India Assurance Company offers cashless hospitalization facilities at more than 3000 network hospitals across the country.

Tax Benefits

The premium paid for the New India Floater Mediclaim policy can be claimed for tax savings under Sec 80D of the Income Tax Act, 1961.

New India Floater Mediclaim Plan Eligibility Criteria

Take a look at the eligibility criteria for buying a New India Floater Mediclaim policy:

Parameters	Eligibility Criteria
Minimum Entry Age	Adult - 18 years Child – 3 months
Maximum Entry Age	Adult - 65 years Child – 25 years
Coverage Type	Floater
Maximum No. of Relationships Covered	6
Relationships Covered	Self, spouse, dependent children, parents, siblings and wards
Renewability	Lifetime

Inclusions of New India Floater Mediclaim Plan

The New India Floater Meidclaim plan comes with the following inclusions:

In-patient Hospitalization Expenses
Pre-hospitalization Expenses
Post-hospitalization Expenses
Day Care Procedures
Medical Expenses for Organ Transplant
Cataract Surgery
New Born Baby Cover
Ayurvedic/ Homeopathy/ Unani Treatments
Hospital Cash
Critical Care Benefit
Ambulance Charges
Congenital Diseases
Impairment of Person’s Intellectual Faculties
Artificial Life Maintenance
Treatment for Mental Illness, Psychological Disorders, Stress and Neurodegenerative Disorders
Puberty and Menopause-related Disorders
Age-related Macular Degeneration (ARMD)
Behavioural and Neuro Developmental Disorders
Genetic Diseases
Modern Treatments

Optional Covers:

Maternity Expenses Benefit
No Proportionate Deduction
Revision in Limit of Cataract

Exclusions of New India Floater Mediclaim Plan

The following coverage is excluded from the New India Floater Mediclaim plan:

OPD treatment
Dental treatment
Obesity/ weight control treatments
Treatment for alcohol or drug addiction
Domiciliary hospitalization
Hazardous or adventure sports
Intentional self-inflicted injury
Sterility and infertility
Cosmetic or plastic surgery
Treatments taken outside India
Unproven treatments
Venereal Disease

New India Floater Mediclaim Plan Waiting Periods

Here are the waiting periods applicable under the New India Floater Mediclaim plan:

Category	Waiting Period
Pre-existing Diseases Waiting Period	4 years
Diabetes/ Hypertension/ Cardiac Conditions	90 days
Specific Illness Waiting Period	2 years/ 4 years
Initial Waiting Period	30 days
New Born Baby Cover	2 years
Congenital Internal Disease	2 years
Congenital External Anomaly	4 years
Treatment for Mental Illness, Psychological Disorders, Stress and Neurodegenerative Disorders	4 years
Puberty and Menopause-related Disorders	2 years
Age-related Macular Degeneration (ARMD)	4 years
Behavioural and Neuro Developmental Disorders	2 years
Genetic Diseases	4 years
Maternity Expenses Benefit	3 years
Revision in Limit of Cataract	3 years

FAQs

Q1. Can I add my newlywed spouse to my New India Floater Mediclaim plan before renewal?

Ans: Yes. You can add your newlywed spouse to your New India Floater Mediclaim plan in between the policy year.
Q2. How many day care procedures are covered under the New India Floater Mediclaim plan?

Ans: The New India Floater Mediclaim plan provides coverage for 139 day care procedures.
Q3. Are there any sub-limits under the New India Floater Mediclaim policy?

Ans: Yes. The New India Floater Mediclaim policy applies sub-limits on room rent, ICU charges, cataract treatment and proportionate deduction on other expenses incurred at the hospital.
Q4. Where can I find the New India Floater Mediclaim premium chart?

Ans: You can check the premium payable for your policy with the help of the New India Floater Mediclaim premium chart.
Q5. Can I enhance the sum insured of my New India Floater Mediclaim policy?

Ans: Yes, you can enhance the sum insured of your New India Floater Mediclaim policy at the time of renewal.