New India Assurance Health Insurance FAQs

Yes. Cancer Mediclaim Policy of New India Assurance provides coverage for cancer.

Anyone who is aged below 70 years can take Cancer Mediclaim Policy of New India Assurance.

There is a cumulative bonus of 5% for every no-claim year up to a maximum of 50%.

Cancer Mediclaim Policy of New India Assurance comes with the sum insured options of Rs. 50,000; Rs. 1 lakh; Rs. 1.5 lakh; and Rs. 2 lakh.

Yes. New India Assurance provides cashless claim facility in more than 1,500 network hospitals to the policyholders.

The policyholders are required to submit the following documents at the time of claim settlement-

• Bill, receipt and discharge certificate from the hospital
• Cash Memos from the Hospital(s), Chemist(s), and prescriptions
• Pathological test reports and receipt from Pathologist
• Surgeon's certificate, bill and receipt
• Bill, receipt, and diagnosis certificate from attending doctor/consultant/specialist/anesthetist

Yes. Your request for a claim can be accepted or denied on the basis of the terms and conditions of the policy.

Yes. New India Assurance provides cover for critical illnesses under Floater Mediclaim Policy, New India Premier Mediclaim Policy, and Cancer Mediclaim Policy.

Yes. Pre-medical test is required in critical illness plan offered by New India Assurance. All the people entering after 50 years of age for the first time must undergo this test.

No. The critical illness plan offered by New India Assurance does not cover all cases of hospitalisation. There are some exclusions to the plan too which can be found from the attached brochure.

No. Hypertension is not included under critical illness plan provided by New India Assurance until 24 months of continuous coverage.

No, only medical treatments availed in India are covered under the family floater policy by New India Assurance.

You can cover the following family members under one floater policy-

• Yourself (Proposer)
• Spouse
• Dependent children
• Dependent parents

Yes. You can cover the entire family under a single sum insured.

Yes. At least 2 family members must be covered while purchasing family floater policy from New India Assurance.

Yes. New India Assurance provides health insurance policies designed keeping in mind the requirements of an individual. These plans are-New India Premier Mediclaim Policy, New India Floater Mediclaim Policy, New India Mediclaim Policy, etc.

No, only medical treatments availed in India are covered under the individual health insurance plan offered by New India Assurance.

Individuals can be covered with sum insured options ranging from Rs. 1 lakh to Rs. 1 crore under health insurance policies offered by New India Assurance.

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.

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.

The Claim Settlement Ratio of New India Assurance for FY 2019-20 is as high as 92.68%.

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.

Yes. The New India Assurance offers discounts to the policyholders on certain plans.

The address of The New India Assurance is-
New India Assurance Building,
87, MG Road, Fort, Mumbai
Maharashtra-400001

To purchase a health insurance plan from New India Assurance, you can visit the official website, i.e. www.newindia.co.in. You may also purchase it from the online broker’s website like insurancedekho.com.

Yes. The New India Assurance offers discounts to the policyholders on certain plans.

No, only medical treatments availed in India are covered under the individual health insurance plan offered by New India Assurance.

Individuals can be covered with sum insured options ranging from Rs. 1 lakh to Rs. 1 crore under health insurance policies offered by New India Assurance.

Yes. Until and unless the insured kid is hospitalised for a condition, no claim shall be payable under any plan by New India Assurance.

Kids can be covered with sum insured options ranging from Rs. 1 lakh to Rs. 1 crore under health insurance policies offered by New India Assurance.

Yes. New India Assurance provides hospital daily cash benefit under its maternity policies.

Yes. The company pays for ambulance charges under these policies.

Yes. New India Assurance offers health insurance plan especially designed for parents with one girl child, i.e. New India Asha Kiran Policy. Other parents can be covered under policies such as-New India Premier Mediclaim Policy, New India Floater Mediclaim Policy, etc.

Yes. Pre-medical test is required in critical illness plan offered by New India Assurance. All the people entering after 50 years of age for the first time must undergo this test.

Yes. Usually 30 days pre-hospitalisation expenses and 60 days post-hospitalisation expenses are covered under health insurance plans offered by New India Assurance.

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.

Yes. New India Assurance provides cover for critical illnesses under Floater Mediclaim Policy, New India Premier Mediclaim Policy, and Cancer Mediclaim Policy.

No. The critical illness plan offered by New India Assurance does not cover all cases of hospitalisation. There are some exclusions to the plan too which can be found from the attached brochure.

No. The company will transfer the credits earned in your account in case you port to a new health insurance policy from New India Assurance.

Portability can be opted for only when your insurance policy is due for renewal and not at any other time.

Premium for health insurance plans offered by New India Assurance is calculated on the basis of the following factors-

• Age of the insured
• Medical history
• Gender
• Sum insured opted
• Policy term selected
• Number of family members included, etc.

The premium for New India Assurance health insurance plans starts at Rs. 4,768* per annum. *The premium amount is subject to change from time-to-time.

No. The premium amount will not be refunded. However, your New India Assurance policy will stand suspended for the said time period. The validity of the plan shall be extended for the same period after the scheduled expiry date.

Premiums up to Rs. 25,000 are qualified for tax benefit under Section 80D of the Income Tax Act 1961.

Yes. The Senior Citizen Mediclaim Policy by New India Assurance is renewable up to 90 years of age.

Yes. New India Assurance offers cover for the senior citizens under few plans, viz. Senior Citizen Mediclaim, New India Premier Mediclaim Policy, New India Mediclaim Policy, and Family Floater Mediclaim Policy.

The Senior Citizen Mediclaim Policy can be purchased for sum insured options of-Rs. 1 lakh and Rs. 1.5 lakh.

You can avail tax benefits under Section 80D of the Income Tax Act, 1961 for the premium paid for health insurance plans offered by New India Assurance.

Payments made for health insurance policies by New India Assurance in any mode other than cash are eligible for deduction from taxable income.

The Top-up Mediclaim Policy offered by New India Assurance provides the following coverage features to the policyholders-

• Get well benefit
• AYUSH treatments
• Daily allowance benefit
• Cover for organ donor expenses
• Cover for room rent, boarding and nursing charges, etc.

Top-Up Mediclaim Policy offered by New India Assurance comes with sum insured options of Rs. 5 lakh and Rs. 8 lakh.

Yes. New India Assurance provides hospital daily cash benefit under its maternity policies.

Yes. New India Assurance provides lifelong renewability to the policyholders under its women-oriented health insurance plans.

Yes. In-patient hospitalisation expenses are covered under women-oriented health insurance plans by New India Assurance.

Yes. New India Assurance provides cover for ambulance charges under its women-centric health insurance plans.