Find out the key benefits and features of New India Assurance health insurance online on Coverfox. Health is known to be a person’s biggest asset. Hence, it is always wise to protect it from unforeseen situations and medical hazards. Established in the year 1919, New India Assurance is one of the oldest players in the insurance space.
On the international circuit, it has offices in over 20 countries through different channels.
The company provides health insurance plans that cover up to 6 family members. It offers a pre and post hospitalisation cover and a lifetime renewal benefit. These benefits ensure that you focus on your well-being and let the insurance provider take care of everything else.
New India Assurance Company was established in the year 1919 by Sir Dorabji Tata. It is the biggest public sector general insurance companies in India since the last 40+ years. It has also spread it wings in 28 different countries. New India Assurance Company has also won certain awards such as Golden Peacock Business Excellence Award in 2017, India Insurance Summit – Insurance Company of the Year in 2017 and many more. It currently operates through 2452 offices in India.
| Incurred Claim Ratio | 103.74% |
| New India Assurance Network Hospitals | 1200+ |
| Sum Assured | 2,3.5 or 8 Lakhs | Renewability | Lifelong |
| Customer Care Toll Free No | 1800-209-1415 |
Being the largest government owned general insurers, New India Assurance Company definitely has become the best choice for many of us. A plethora of health insurance products are offered by this Company at a very competitive rate for both individuals as well as for family (family floater). The New India Assurance Company also reimburses the cost of medical check-up. Various other benefits such as hospital cash for a maximum of 10 days is offered. It also offers a grace period of 30 days from the due date of the health insurance policy. The health insurance plans offered here can be renewed lifelong. It covers pre-existing conditions post 4 years of waiting period from the date of policy issuance.
New India Assurance also offers the facility of online renewal of health insurance plans at the convenience of your home and office, within a few minutes. People also feel safe and secured to invest in a health insurance plan with New India Assurance since it is fully owned by our Indian government.
The New India Assurance Health Plan offers the below benefits:
The New India Assurance Health policy doesn’t offer coverage under the below conditions:
Every mediclaim policy has an eligibility criteria. However, the below mentioned are the most generic criteria’s to be followed for enrolling to the New India Assurance Mediclaim policy
New India Assurance Company provides a cashless facility at various hospitals in India. These empanelled hospitals are known as the network hospitals. Here you can avail cashless services. However, remember that you can avail a Cashless facility only if you take a treatment or are hospitalized in a hospital empanelled with New India Assurance.
You can view the list of New India Assurance Network Hospitals on the official website of New India Assurance Company.
You can visit newindia.co.in/portal/ to either renew or buy a health insurance plan. You can also make the payment for your health insurance premium by logging in to the insurer's website and using your credit card, net banking, or debit card.
You can follow the below steps:
You may visit the official website of New India Assurance to get your health insurance renewal done. All you need to do is type your customer id as well as the health insurance policy number that would be sent on your registered mobile number via SMS. You may then click on the ‘Proceed’ button. You will get to see your renewal notice on the screen that will also mention your premium details. You may then use your debit card, credit card or net banking facility to make the premium payment. Your policy will then be renewed post successful payment.
Mentioned below are certain Dos & Don’ts of New India Health Insurance:
| DO's | DONT's |
|---|---|
| Always make note of your health insurance policy renewal | Do not keep a gap of even a day for your renewal since you won’t be able to make a claim in case of break in the policy |
| You can renew the health insurance policy in advance before the due date | Lifetime renewal is possible only if there is no break in the health insurance policy |
| Always read the policy document properly and the claim settlement process | Never conceal any facts regarding your health conditions or pre-existing diseases, etc. |
| You can cancel your New India Assurance Health policy within 15 days from the policy issuance if you do not agree to the terms and conditions | Never give any incorrect information in the proposal form |
| Ensure to pay the renewal premium within 30 days of the due date (grace period) to avoid the policy getting lapse | Do not delay to submit the required documents on time to the TPA or New India Health Insurance Company. |
| Double check the pre-authorization form before signing it | |
| Remember you will have to share the expenses along with the insurer during claim settlement |
If you intend to make any claim under this Policy You must:
Note: If you are a Coverfox customer, you can directly reach out to us for all your claim-related issues and queries.
There are two types of claim that you can file if you have a health insurance policy with New India Assurance. They are Cashless claim and reimbursement claim. You can visit any network hospital to avail cashless claim services. However, ensure that you carry your health card and identity proof . Your details would be verified by the hospital. On successful verification, the hospital will then send a pre-authorization request to New India or the TPA. New India Assurance will then approve or reject the claim once the request is submitted. If your cashless claim gets approved then New India Assurance will then settle the bills directly with the network hospital. However, if the insurer denies your cashless claim, you can still go ahead and take a treatment in the same hospital but make the bill payment out of his or her pocket and then apply for a reimbursement claim.
If you wish to go ahead with the reimbursement claim, you will then have to take all the original medical bills and other documents once you are discharged along with the duly-filled and signed claim form. New India Assurance will then either approve or reject your health insurance claim depending upon the terms and conditions of the health insurance policy.
You can download the claim form by visiting official website.
The insured will have to fill in the Part A of the claim form. All the important details such as the insurance history, personal details, policy number, bank account details, details of hospitalisation, details of claim, etc.
Details of insured person hospitalised:
Details of primary insured:
Hospitalisation Details:
The hospital where the insured is getting treated will fill the Part B of the claim form. Here is a list of details the insured member has to fill in Part A of the claim form:
In case of any queries regarding your health insurance policy, you may call on the New India Assurance Health Insurance toll-free number 1800 – 209 – 1415. You can also email the insurer on tech.support@newindia.co.in. You may also request a call-back by simply filling a form online on the New India Portal.
New India Assurance, being one of the major and oldest general insurance companies in India, is more widespread than any other health insurance player. With remarkable financial health, their capability to fulfill their customers' claims is undeniable. However, for those who would not appreciate the sub-limits on the room rent and co-payment clause in their policy, this may not be the right option.
Being the largest government owned general insurer, New India Assurance Company definitely has become the best choice for many of us. The various health insurance products offered by this Company are at a very reasonable rate. This is one reason why people prefer buying health insurance from New India Asssurance Company. The health insurance products here offer health check-up costs at the end of three claim free years. Besides, this company has also won several awards such as Golden Peacock Business Excellence Award, India Insurance Summit – Insurance Company of the year, etc. The claim settlement process too here is extremely simple and hassle-free. With remarkable financial health, their capability to fulfill their customers' claims is undeniable. However, for those who would not appreciate the sub-limits on the room rent and co-payment clause in their policy, this may not be the right option.
The health insurance renewal process is very simple. Mentioned below are the steps:
Yes, all health insurance policies of New India Assurance offers cashless treatment.
To check the policy status, all you need to do is log in to the New India Assurance’s website. Enter the user id and password and then click on the portal to check the status of your policy.
You can certainly cancel your New India Assurance’s health insurance policy. If you wish to do so during the free-look period, all you need to do is submit the original policy documents along with the surrender form. You can visit any nearest branch of New India Assurance. You may also wish to cancel the policy any time of the policy period by ensuring that you haven’t made a claim on this policy.
You can avail tax benefit of up to Rs.25,000 p.a. for the health insurance premiums paid for a policy for self, spouse and depended children if you are under the age of 60 under Section 80D of the Income Tax Act, 1961.
