New Indian Senior Mediclaim Policy Health Insurance Policy

New Indian Senior Mediclaim Policy Health Insurance Policy

Overview

NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. Our global business crossed Rs. 29715 crores in March 2020.We have been market leaders in India in Non-Life business for more than 50 years. Our Indian business crossed Rs.26813 crores in March 2020. We are rated B++ Stable FSR Rating and bbb+ Stable ICR Outlook by AM BEST Company. We have been rated AAA/Stable by CRISIL since 2014 , indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations.We have been leading the market, apart from premium, in reserves & net worth for many years.

Highlights For

New

India Sixty Mediclaim Policy

Cataract

product highlights for New India Sixty Mediclaim Policy

Features

Sub-limits

Pre-Hospitalisation : 30 days

The amount of expenses incurred during this period prior to hospitalisation such as diagnostic tests, doctor fees, medicines, etc. for investigiation purpose are also payable by the insurer

Post Hospitalisation : 60 days

The amount of expenses incurred during this period after discharge from hospitalisation for the purpose of recovery such as follow-up tests, doctor fees, medicines, etc. are also payable by the insurer

Pre existing Disease cover : 48 months

Coverage for all Pre-Existing Diseases covered after a certain specified waiting period with continuous renewal.

Waiting Period- Initial : 24 days

No claims are accepted within this period except due to accidents/ injury.

Waiting Period- Specific : 90 Days

Listed specific illness

Waiting Period- PED : 48 months

No pre-existing ailment related claims are accepted within this period.

Room Rent : Reimbursement , Shall not exceed Sum Insured

Room rent for in-patient hospitalisation

ICU Charges : 2% Sum Insured per day

Charges for ICU hospitalisation

Co pay : Yes, choose from insures to claim the balance

% of the claim that the policyholder needs to pay out-of-pocket

Restore Benefit/ Recharge/ Refill : No

If the sum insured is exhausted due to hospitalisation expenses of one or more members, there is an automatic restoration of the sum insured for related or unrelated ailments.

Health Check up : Only 50% of cost will be reimburded

Free annual health check-up for all insured members according to the list of tests specfied in the policy document.

No Claim Bonus : Yes,upto some insured

% of the sum insured that rises every claim free year.

Video/telephone consultation : Reimbursment

E-consultation with expert doctors empanelled with the insurer for a second opinion.

Domiciliary hospitalization : No

Home care treatment where there are no beds in the hospital or paitient is not in a condition to be moved to the hospital, This treatment is provided under the supervision of a registered medical practitioner.

Ambulance : Cannot exceed 1% of Sum Assured

Transportation of the patient to the hospital and back home

Convalescence benefit : No

A specific fixed amount of money paid as a recovery benefit for extended hospitalisation.

Organ Donor : Yes

The costs for a surgical procedure of removal or damaged organ from the patient's body which could otherwise be fatal.

Bariatric cover : No

Expenses related to obesity-related conditions such as high BP, sleep apnea, arthiritis asthma, etc.

Daycare : Yes

Covers in-patient hospitalisation expenses where the stay is <24 hours under a specified list of treatments

AYUSH : No

Alternative treatment coverage such as ayurvedic, unani, sidha and homeopathy which leads to hospitalisation.

Congenital Coverage : No

Covers medical expenses related to diagnosis and treatment of heriditary and internal congenital ailments/ conditions/ traits that exist from birth.

Modern Treatments : Covered under in-patient/day care treatment

All advanced treatment with upgrade in technology.

Health Management/ Wellness : No

Benefits provided for staying fit and managing health

Maternity Benefit : Yes

All expenses related to childbirth or legal medical termination of pregnancy, usually upto a specified limit.