Health Insurance Premium Calculator of New India Assurance
New India Assurance offers a variety of health insurance plans which the policyholders can customise on the basis of tenure and sum insured. Also after shortlisting the plan, you can calculate the premium for family or individual health insurance plans offered by the company by following easy steps. To calculate the premium for New India Assurance’s Health Insurance policies, you can make use of the premium calculator from our website. It gets you informed in advance about the premium you are going to pay if you purchase a particular policy. This not only saves you from financial strain, but also saves you from sudden policy lapse due to unaffordable high premiums.
How to calculate the premium of New India Assurance policies online?
The premium in health insurance policies provided by New India Assurance is based on several factors. These factors lead to the variation in premium amount for different plans and individuals. These are-
- Plan Terms
- Sum Insured
- No. of Family Members
- Medical History
The applicants are required to fill complete details so that the premium is calculated instantly. The premium amount can be changed if the filled variables are changed.
Why calculate health insurance premium online?
Calculating premium online is an easy process that comes with a lot of added advantages other than just being able to calculate the premium for the desired health insurance policy. It helps you choose the best health insurance policy at an affordable premium price. Also, when you are online to choose the right plan for yourself or your loved ones, there are no chances of manipulation. This is because here the applicant fills the details himself/herself. Also, the online process provides you with the freedom to do the following-
- Add or deduct coverage benefits, riders, etc.
- Get the exact amount of expenses on buying the policy beforehand
- Be informed about the affordability of the health insurance coverage
- Compare different health insurance policies on the basis of premium and coverage features
- Decide on the coverage features most suitable to you, at the most affordable premium
- Change the details to know the most suitable premium amount and coverage level
Why choose New India Assurance?
New India Assurance Co. Ltd. is the third-largest public sector general insurance company based on the gross premium collected. It is a trusted insurance company that not only provides effective products for health, but for other areas too such as Travel, Motor, Rural, and Marine. As far as health insurance is concerned, the company has a high claim settlement ratio. Also, the plans offer the policyholders an option to choose from cashless claim or reimbursement according to their suitability. The company has over 1,200 network hospitals across India, where transparent claim settlement process is undertaken.
Latest New India Health Insurance News
New India Health Insurance Plan List
|Name of Plan||Sum Insured|
|Floater MediclaimMin: 3 Months; Max: 65 Years||2 Lakh||Get Quotes Now|
|Senior Citizen Mediclaim PolicyMin: 60 Years; Max: 80 Years||1 Lakh||Get Quotes Now|
|Mediclaim PolicyMin: 3 Months; Max: 65 Years||1 Lakh||Get Quotes Now|
|Cancer Mediclaim PolicyMin: 18 Years; Max: 70 Years||50,000||Get Quotes Now|
|Premier Mediclaim PolicyMin: 3 Months; Max: 65 Years||15 Lakh||Get Quotes Now|
New India Health Insurance Premium Calculator FAQs
I have a mediclaim policy available but I am moving abroad for a month. Will I be refunded with the premium involved?
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.
Does the company provide any discount on premium to the policyholders?
Yes. New India Assurance usually provides some
discount tothe policyholders under many health insurance plans.
Up to what amount are the premiums qualified for tax benefit under New India Assurance health insurance plans?
Premiums up to Rs. 25,000 are qualified for tax benefit under Section 80D of the Income Tax Act 1961.
How is premium calculated for health insurance plans offered by New India Assurance?
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
- Sum insured opted
- Policy term selected
- Number of family members included, etc.
What is the minimum premium amount for health insurance plans offered by New India Assurance?
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.