Check out the key features & benefits of National health insurance Mediclaim Plan online on Coverfox.
About National Insurance Company
National Insurance Company Ltd. is the oldest and one of the leading general insurance companies in India. It was founded in December, 1906, with the objective to create a national identity for India in her fight for Swaraj. It joined hands with 21 international and 11 Indian companies to form National Insurance Company Ltd., after 66 years of its foundation. It is one of the four subsidiaries of the General Insurance Corporation of India, which is owned by the Indian Government.
NIC was the first insurance company in India to introduce products with each of them being customised to meet unique investment objectives of rural India and corporates - Farmers Package Policy to suit the agrarian customer and Techno Marketing Project Cells for corporates. Not just that, it is also the first to enter into collaborative initiatives with automobile manufacturers like Maruti and Hero Moto Corp., amongst many others. What’s more, NIC also launched Bancassurance in the country by joining hands with some of the leading banking institutions in India.
Additional Discounts for National Insurance Mediclaim Policy
The policy provides the following benefits.
Source: Official website of National Insurance
Parameters | Minimum | Maximum |
---|---|---|
Age of entry | 18 years (adults), 3 months (children) | 65 years (adults), up to 18 years (dependent children) |
Sum Assured | Rs. 50,000 | Rs. 5 lakh |
Policy Term | 1 year | NA |
No Claim Bonus | 5% for each claim-free year till it reaches 50% | 5% for each claim-free year till it reaches 50% |
Premiums paid towards this health insurance plan are eligible for claiming tax deductions from total taxable income.
Salient Features and Benefits:
Salient Features and Benefits:
Salient Features and Benefits:
Salient Features and Benefits:
Individual Personal Accident Policy from National Insurance Company Limited (NICL) is designed to provide some advantage to an individual against such unfortunate events like death, Permanent Total Disablement (PTD) resulting from an accident. Salient Features and Benefits:
Salient Features and Benefits:
Salient Features and Benefits:
Accepted Proof of Address and Identity are:
Online renewal for National Insurance Mediclaim Policy can be completed through the following simple steps:
For Cashless Facility – available only for policies serviced by a Third Party Administrator (TPA)
National Insurance Mediclaim Policy is one of the most popular health insurance policies from National Insurance. It boasts of a robust range of health insurance policies that are customised to suit varied needs of their customers. To top that, a high claim settlement ratio that is one of the highest among insurance companies in India speaks volumes about the industry knowledge and competence of their professionals, and the company as a whole. Being one of the oldest and a pioneer in the Indian insurance market has also contributed to their goodwill.
“National Insurance Mediclaim Policy offers a wider coverage in comparison to other mediclaim policies. For instance, it covers children as young as 3 months, it extends its coverage to Ayurveda and Homeopathy treatments as opposed to covering only Allopathic treatment, among several other unique features. The comprehensive coverage makes it a smart choice.” – Smiti Jaswani
“The huge list of network hospitals in Kolkata makes the Mediclaim Policy from National Insurance a natural choice for me. This will enable me to avail cashless benefits, if and when need be.” – Surita Mahato
“I have been the holder of National Insurance Mediclaim Policy for the last 7 years. With a high sum insured available at an affordable premium, I have gradually included my entire family – elderly parents and spouse, and have been thoroughly satisfied with their services. I must say that I don’t find a reason why should shift to any other mediclaim. Keep up the good work!” – Anil Ranade