The New India Assurance Co. Ltd. (NIA) is one of India’s leading public-sector general insurance companies.
New India Assurance Health Insurance Plans
Introduction
The New India Assurance Co. Ltd. (NIA) is one of India’s leading public-sector general insurance companies. It offers a wide range of health insurance products designed for individuals, families, senior citizens, and corporate groups. These plans provide financial protection against hospitalization expenses, day-care treatments, and AYUSH treatments.
Key Health Insurance Plans
1. Arogya Sanjeevani Policy
Features:
- Sum Insured: ₹50,000 to ₹10,00,000 in multiples of ₹50,000.
- Individual or Family Floater option.
- Room rent limit: up to 2% of the sum insured, maximum ₹5,000 per day.
- ICU/ICCU charges: up to 5% of the sum insured, maximum ₹10,000 per day.
- AYUSH treatments covered up to 100% of the sum insured.
- Advanced treatments (like robotic surgery) covered up to 50% of the sum insured.
- Waiting period: 30 days for general illness, 24–36 months for specific diseases, and 36 months for pre-existing conditions.
- Co-pay: 5% on every claim.
Who should buy:
Best suited for individuals or families looking for affordable and standard coverage with essential benefits.
2. Premier Mediclaim Policy
Features:
- Two plan types:
- Plan A: ₹15 lakh and ₹25 lakh sum insured.
- Plan B: ₹50 lakh and ₹1 crore sum insured.
- Covers hospitalization for the insured and family (spouse, children, dependent parents).
- Includes a Critical Care Benefit: lump-sum payout (₹2 lakh for Plan A and ₹5 lakh for Plan B) if diagnosed with specific critical illnesses.
Who should buy:
Ideal for families or individuals looking for high-value health insurance with comprehensive protection.
3. Sixty Plus Mediclaim Policy
Features:
- Specifically designed for senior citizens (age 60 and above).
- Covers hospitalization expenses due to illness or accident.
- Includes pre- and post-hospitalization coverage.
- Option for individual or family coverage (self and spouse).
Who should buy:
Best for senior citizens who need medical coverage tailored to their age group and pre-existing health conditions.
4. Universal Health Insurance Scheme (APL)
Features:
- Offers basic medical cover at an affordable premium.
- Covers hospitalization expenses for illness or injury.
- Room, boarding, and ICU charges subject to defined limits.
- Can be extended to include coverage for disability or death due to accident.
Who should buy:
Suitable for individuals or families looking for economical, basic-level coverage.
5. Other Health Plans by New India Assurance
- Floater Mediclaim Policy: Family floater option covering multiple members under one sum insured.
- Mediclaim Policy (Individual): Covers individuals with flexible sum insured options.
- Top-Up Mediclaim Policy: Acts as an additional cover over your base health plan.
- Asha Kiran Policy: Specially designed for parents with a dependent girl child.
- Yuva Bharat Health Policy: Tailored for young adults and first-time policyholders.
Why Choose New India Assurance Health Plans
- Trusted public-sector insurance provider with a strong track record.
- Wide range of health plans for every age and need.
- Covers AYUSH and advanced treatments.
- Extensive cashless hospital network across India.
- Transparent terms and life-long renewability.
Things to Check Before Buying
- Sum Insured: Ensure adequate coverage for rising medical costs.
- Room Rent Limit: Confirm limits per day and ICU charges.
- Waiting Periods: Check for pre-existing diseases and specific illnesses.
- Co-pay & Deductibles: Understand the share you must pay during claims.
- Network Hospitals: Ensure sufficient hospitals nearby offer cashless services.
- Exclusions: Review what isn’t covered under the policy.
- Renewability: Ensure lifetime renewability is available.
- Top-Up Options: Combine with a super top-up plan for enhanced protection.
Who Should Choose Which Plan
- Young Individuals: Arogya Sanjeevani for basic affordable coverage.
- Families: Premier Mediclaim or Floater Mediclaim for shared protection.
- Senior Citizens: Sixty Plus Mediclaim for specialized coverage.
- Budget Buyers: Universal Health Insurance for entry-level needs.
- High Coverage Seekers: Premier Mediclaim or Top-Up Mediclaim for large medical expenses.
Conclusion
New India Assurance offers a comprehensive suite of health insurance plans that cater to all segments — from young individuals to senior citizens. Each plan is structured to offer flexibility, affordability, and security against unforeseen medical expenses. Before choosing a plan, evaluate your health needs, age, and family size to select the most suitable coverage.
“Protecting lives and dreams with LIC’s trusted assurance.”
“Safeguarding your health with trusted coverage and care.”
