New India Mediclaim Health Insurance

Policyholders can avail this benefit only if they buy this policy for a sum insured of at least Rs. 5 Lakh. When an additional premium is paid, the maternity expenses shall be payable up to 10% of the average sum insured after 36 months of a waiting period. This limit is applicable for every event for all the Policies provided by New India Assurance including Group Policies.

The company provides this benefit only to the policyholders who have purchased this policy for a minimum sum insured of Rs. 8 Lakh. On payment of additional premium, an additional limit shall be applicable.

If an insured individual opts for voluntary co-pay of 20%, a discount of 15% shall be given on the premium payable by him/her.

When you buy Mediclaim Policy, you invest in a good policy. It’s an optimum choice for people between 18 years and 65 years. It’s also perfect for financially dependent children from 18 years up to 25 years. Another benefit of the policy is that it covers a newborn baby right from the date of birth until the policy gets expired without extra premium. Going further, the benefits also include:

• Sum Insured options are from Rs. 1 Lakh to Rs. 15 Lakh
• Cataract cover 20% of the Sum Insured or a maximum of Rs. 50,000
• Ayurvedic / Homeopathic / Unani Treatment up to 25% of the Sum Insured
• Hospital cash benefits 0.1% per day. Maximum up to 1% of the Sum Insured
• Reimbursement of health-check up after every block of three claim-free years. Maximum Rs. 5000 or 1% of the Sum Insured
• Optional maternity benefits if the sum insured is more than or equal to Rs. 5 Lakh
• Revised Cataract Limit from Rs. 80,000 to Rs. 1.5 Lakh
• 15% premium discounts if 20% of voluntary co-pay is chosen

Above all, the Mediclaim Policy has more to offer. It covers congenital internal diseases up to the sum insured provided you have continuous coverage of 24 months. Besides, coverage is available for congenital external diseases up to 10% of the sum insured provided you have continuous coverage of 36 months.

• Lifetime renewal of the policy
• Tax benefits under the Income Tax Act
• Quality TPA (third-party administrator) service
• Free look period for a duration of 15 days to understand the details of the policy completely
• A grace period of one month to renew the policy

Like other health insurance policies, New India’s Mediclaim policy is also suitable to secure the health of your family. The policy has been designed to cover the insured persons against skyrocketing medical costs. It gives financial aid at the time of hospitalisation due to specific ailments, accidents or injuries. The only thing is that there are limits on room rent, AYUSH treatment, ambulance services, etc. Overall, certain discounts and wide cover under the policy make it worth buying.

To have quick and convenient purchase experience, choose the online mode for buying the policy. InsuranceDekho is a reliable companion in this concern, providing you with expert support when it comes to ‘claim settlement’, ‘policy portability’, ‘payment of premiums’ and many more.

No. Unless an insured person is hospitalised for a valid reason, the claim is not paid. OPD is not covered under this policy.  

You can include yourself, i.e. the Proposer, your spouse, your children, and your parents. 

Sum insured options available under this plan are- Rs. 1 Lakh, Rs. 2 Lakh, Rs. 3 Lakh, Rs. 5 Lakh, Rs. 8 Lakh, Rs. 10 Lakh, Rs. 12 Lakh and Rs. 15 Lakh.

Yes. The cost of health check-up is reimbursed to the insured individual after every 3 claim-free years. The reimbursed amount shall be payable up to Rs. 5,000 or 1% of the average Sum Insured of proceeding 3 years, whichever is less.