*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Who would you like to insure?
New India Assurance Health Insurance offers several versions of health insurance to benefit the individual and its family. New India Assurance Mediclaim Policy delivers comprehensive coverage to the members, who can be a part of the extended family of the insured or employees of an organization.
Sum Insured |
Rs 1,2,3,5,8,10,12 & 15 lakh |
Renewal SI |
Rs 4, 6,7 lakh |
Cumulative Bonus |
25%-50% |
Policy Tenure |
1 year |
Renewability |
Lifelong |
Pre-existing Illness Cover |
After 48 months |
Free Health Check-up |
Every 3 claim-free years |
The policy provides an eclectic coverage to the insured to opt for hospitalization anywhere in India. The base coverage in the New India Assurance Mediclaim Policy Health Insurance is described below.
Apart from the basic coverage, the policy also includes the following expenses:
Thorough knowledge of what is not covered in the policy is essential to buy New India Assurance Health Insurance, directly impacting the insured's claim settlement experience. The exclusions in this policy are in two categories – Waiting Period and Permanent Exclusions.
The influencing factors to buy New India Assurance Mediclaim Policy are described below:
One will have to be aware of the following eligibility conditions to buy this policy:
Type |
Family Policy |
Minimum Entry Age |
Child: 3 months Adult: 18 years |
Maximum Entry Age |
Child: 18 years Adult: 65 years |
The Number of people covered: |
Employer _ Employee Groups and Family without specifying numbers |
Residential Status |
Indian citizens residing in India. |
The insurer may cancel the policy with a 15-day written notice on the grounds of moral turpitude or non-cooperation. The insured can cancel the policy within the 15-day free-look period to receive a refund as per the insurer's short period rate.
Ans: The optional cover maternity cover applies only to the sum insured above Rs 5 Lakh. The maximum cover is 10% of the average sum insured for the previous three years.
Ans: The optional co-pay in the policy is 20% of the admissible bill.
Ans: The insured is benefited by purchasing an online New India Assurance Mediclaim Policy at the insurer portal. With 20% voluntary co-pay, the insured gets a 15% lower premium.
Ans: The family members are covered in a single policy with a separate sum insured for each insured person.
Ans: Yes, as long as they are dependent on the proposer.