New India Assurance Benefits
- 1,200+ Network HospitalsCheck in your City
- 17,47,550 Policies Issued
- 103.19% Incurred Claim Ratio
- Lifelong Renewability
- 96.61% Claim Settlement Ratio
- Dedicated Team for Claim Settlement
Benefits of New India Assurance
Founded in the year 1919, New India Assurance Co. Ltd. is the largest public sector general insurance company in the country based on the collection of gross premium. It is a Multinational General Insurance Company that operates in 28 different countries. The company caters to several sections of the society by offering them various insurance products, and health is one of them.
New India Assurance has managed to build a good reputation in the health insurance industry in India by providing comprehensive health insurance plans for individuals, families, parents, senior citizens, etc. The easy buying and renewal process of the company helps the customers instantly purchase and renew the health insurance plan online within a few minutes.
New India Assurance offers various plans specially designed to offer extensive coverage like alternative treatments, pre and post-hospitalisation cover, cover for pre-existing diseases, etc. Apart from these, the policyholders also get added advantages of cashless hospitalisation, dedicated customer support team, provision of the grace period, portability, lifelong renewability of the policies, and so on.
Additional Benefit of Free Health Check upNew India Assurance provides free health check-up to the policyholders at the end of every three claim-free years. This benefit is included in most of the health products offered by the company.
Additional Protection over Employer CoverageEven if you are covered under a health insurance plan provided by your employer, there still may be some illnesses that you are not covered for. But, with the right health insurance plan by New India Assurance, you can upgrade your basic plan and avail the benefit of additional protection.
Cashless BenefitHealth insurance plans by New India Assurance are designed to help you overcome financial stress at the time of medical emergency. With such plans, you can avail cashless treatment at more than 1,200 network hospitals across India.
Claim Settement RatioThe most important reason to purchase a health insurance plan is to stay assured that all or most of your medical expenses incurred by you on treatment get eventually paid by the plan. New India Assurance has a high Claim Settlement Ratio of 96.61%* which means that it settles most of the claims on time leaving the customers satisfied. *CSR change from time to time.
Coverage against Medical ExpensesNew India Assurance provides suitable cover against medical expenses through its comprehensive health insurance plans. These plans usually cover pre and post-hospitalisation expenses, daycare treatment, ambulance charges, domiciliary charges and so on.
Incurred Claim RatioIncurred Claim Ratio is the rate of net claims paid by an insurance company to the net premium collected. It is the overall value of each claim a company has paid for divided by the total sum of premium collected in the same duration. The Incurred Claim Ratio for New India Assurance for the year 2017-2018 is 103.19%*. *Note that an insurer’s ICR changes from time to time.
Tax BenefitOn purchasing health insurance plans from New India Assurance, you can enjoy tax benefits on premiums paid under Section 80D of Income Tax Act, 1961.
New India Assurance User Reviews
Good policies of new india
inidaoffer good and useful plans. I and my famliare cvrdin family floater policy. I live in haryanaand buy this plan from insurancedekhoon phone. Made payment also. Gudplan with less premium and more uses........
indiaassurance is a good company that offers comprehensive health insurance plans for familyas well as individuals. It helps the customers from purchasing the policy to claim settlement process. And guide them through any problem they face. 4 on5 stars!!
Good claim settlement ratio
I chose New India Assurance because it has a good claim settlement ratio. This is one thing that not many people consider while purchasing a health insurance
plan butI gave it priorityand I think I made the right decision. I have made claim twice under my family floater pan and it was a smooth process.
Reliable name in the insurance sector
New India Assurance is a trusted name in the insurance sector and I brought its policy because my friend recommended me so. I have a family floater plan which covers my wife and my children at nominal premium. The policy provided me cover for
suminsured of Rs. 3 Lakh. Its satisfactory!
good plans offered
My friend had already purchased a health insurance policy from New India when she recommended me the same. I was looking for other options
too butcomparing was hellof a task for me as I had little knowledge of health insurance. So I called at 18001205698, and the sales representative Jyoti explained to me which is the best plan of this company for me. I am satisfied with my plan and insurancedekho’sservices.
The company offers good policies with comprehensive coverage. I give it 4 out of 5 for valuable plans.
The plan is explained in simple, clear English language. The policy purchase was a piece of cake.
Best support team
The claim settlement process went through so easily and hassle-free with the help of InsuranceDekho's support team.
Very much well-educated executives. Happy with the prompt service and providing me the policy successfully.
provides wide coverage
I found the family floater plan of New India Assurance a fair one as
igot fairly all the required coverage features for myself and my family members. I wontsay that the premium amount is high, willthere is no doubt the thepolicy is covering me with most of the coverage features such as ambulance cover, in-patient hospitalisationexpenses, pre and post hospitalisationexpenses, room and boarding charges, etc. I couldn’t have asked for more in such affordable premium.
good customer care executives
I was surfing internet and got landed to the website of InsuranceDekho. After reading about the importance of health insurance through their articles, I thought to purchase one for myself. Also, they have good customer care executives who help you through the entire process of purchase and even after sales services.
Got a policy of my choice with low premium...
I got a health insurance policy of New India Assurance of my choice and according to my requirements. When I filled the lead form on the official website of InsuranceDekho, the customer care executives there called me to know my requirements. After knowing it all, they did need analysis and suggested my the best plans for me. I chose New India Assurance from them based on my trust for the company and also the coverage features they offered me.
very good services of customer care executives
More than the policy
iwas satisfied the customer care executives at InsuranceDekho who not only understood my needs, but also provided me with the best plan for me and my family as iwas in search for one since a very long time. They guided me through the entire process of payment etc., and also assured me for after sales services. This means they will even help me in case irequire to make a claim with New India Assurance. 5 on 5 from my side to the team.
I live in Delhi and have recently purchased a health insurance plan for my family from New India Assurance. The policy that I have purchased has wide coverage features and I am really satisfied with it. I do not have to worry about any unforeseen medical emergency as far as financial security is concerned.
I have recently purchased New India Assurance Health Insurance Policy from InsuranceDekho. I must say that the customer care executives present there are really informed and bothered to explain me even the least important things related to the policy. I am very much satisfied with the purchase.
New India Assurance FAQs
Does New India Assurance offer any health insurance plan for a family?
Yes. New India Assurance offers health insurance plans specially designed for families. Some of them are-New India Premier Mediclaim Policy, New India Floater Mediclaim Policy and New India Mediclaim Policy.
Is pre-acceptance medical check-up required to buy health insurance policies from New India Assurance?
Yes. Some policies by New India Assurance require the applicants to undergo a pre-acceptance medical check-up. However, if the proposal is accepted, then 100% of the cost of this check-up is reimbursed to the Proposer.
Does New India Assurance provide Hospital Cash benefit under any of its health insurance plans?
Yes. New India Assurance provides Hospital Cash benefit up to a specified limit under some of its health insurance policies like-New India Asha Kiran Policy, New India Premier Mediclaim Policy and New India Floater Mediclaim Policy.
What is the toll-free customer care number of New India Assurance?
The toll-free number of New India Assurance is 1800-209-1415.
What is the address of New India Assurance?
The address of The New India Assurance is-
New India Assurance Building,
87, MG Road, Fort, Mumbai