The New India Assurance Company Limited

The New India Assurance Company Limited

New India Health Insurance

The New India Assurance Co. Ltd. was incorporated on 23rd July,1919; established by the House of Tata founder member- Sir Dorab Tata. It was nationalized in 1973 with merger of Indian companies. NIA is the "largest general insurance company of India on the basis of the gross premium collection inclusive of foreign operations. NIA is the largest non-life insurance company in Afro-Asia excluding Japan. It is the first Indian non-life company to reach Rs14304 crore gross premium.

Health insurance is a very helpful insurance policy that helps you in facing medical emergencies that are very difficult to handle without any financial assistance. Health insurance policies provide complete protection to the insured and family as well. You can buy the health plan according to your needs and budget as well. It will help you in getting quality treatment without spending from your pockets on treatments.

Types of Health Plans:New India Assurance

New India Top Up Mediclaim New: it is form of top up policy that provides additional coverage to the existing insurance cover. It will help you after a threshold limit.

New India Floater Mediclaim Policy1: a type of family health plan. It is designed to cover the whole family under a single insurance plan. It is available at affordable prices.

New India Asha Kiran Policy: It covers hospitalisation expenses of the family and Personal Accident for Parents.

Mediclaim 2012 Policy: Another type of health plan which provides coverage to you and your family at affordable cost.

Mediclaim 2007 Policy: The policy covers hospitalisation expenses against illness/injury.

Family Floater Mediclaim Policy: Provide coverage on hospitalisation if it is for more than 24 hours

Janata Mediclaim Policy: It provides financial protection and helps you in fighting any disease easily.

Senior Citizen Mediclaim Policy: Designed to provide coverage especilly to senior citizens.

Group Mediclaim Policy: It will provide coverage to the groups, whether it is about family or employees. Employers can buy it for attracting skillful employees.

Universal Health Insurance Scheme for BPL families: The policy covers reimbursement of hospitalization expenses for illness / diseases suffered or injury sustained by the Insured Person.

Universal Health Insurance Scheme for APL families: The Group Policy will be issued in the name of the Group/Association/Institution (called insured) with a schedule of names of the members, including his/her eligible family members (called Insured persons) forming part of the plan.

Jan Arogya Bima Policy: It offers cheap medical insurance to poorer sections

Other plans that company offers are

• New India Asha Kiran Policy

• Pravasi Bharatiya Bima Yojana Policy

• Personal Accident Policy

• Householder's Policy

• Motor Policy

• Money Insurance

• Rasta Apatti Kavach (Road Safety Insurance)

• Suhana Safar Policy

• TV/VCR/VCP Insurance

• Mobile/Cellular Phone Insurance

• GRIHA SUVIDHA Policy

• Commercial Insurance

• Industrial Insurance

• Liability Insurance

• Social Insurance

Lists of Plan From The New India Assurance Company Limited




Premium Comparison of Top 5 Companies With The New India Assurance Company Limited




Company Name 2013 2014
Agriculture Insurance Company of India Limited32973395
National Insurance Company Limited25613031
United India Insurance Company Limited26432660
The Oriental Insurance Company Limited16341898
Export Credit Guarantee Corporation of India Limited11571304
The New India Assurance Company Limited27543316



Contact Address

New India Assurance Bldg. 87, M.G. Road, Fort, Mumbai 400 001.

Tel: 022-22674617 - 22, Fax: 022-22652811

Company Website


Latest New India Insurance News

New India Assurance Gets Rs 1,430 Crore Relief From IRDA

The Insurance Regulatory and Development Authority of India has providded relief to the New India Assurance from a big insurance claim of Rs 1,430 crore from Nectar life Sciences. The pharma corporation had bought a marine shipment transit cover from New India Assurance, under Open Marine cargo for Rs 1,430 crores for the period of

Read More...

Friday October 28, 2016

Pune: Insurer To pay Rs 21 lakh Compensation

The Motor Accident Claims Tribunal (MACT) has ordered an insurance company to pay Rs 21 lakh compensation to the family members of a victim ruling that the firm “cannot escape liability by seeking benefit of its own wrong”. In Pimpri, the court, presided over by D M Deshmukh, has directed the New India Assurance Company

Read More...

Friday November 06, 2015

Insurers Are Chasing ISL Organisers

The Indian Super League has led insurance companies to chase the teams and organisers for business. The total insurance coverage for the eight-team ISL is Rs 600 crore, confirmed by a source. “Each franchise has taken an insurance cover of Rs 50 crore for loss of pay, personal accident and public liability ,” an executive

Read More...

Thursday October 15, 2015

New India Assurance Gets Rs 1,430 Crore Relief From IRDA

The Insurance Regulatory and Development Authority of India has providded relief to the New India Assurance from a big insurance claim of Rs 1,430 crore from Nectar life Sciences. The pharma corporation had bought a marine shipment transit cover from New India Assurance, under Open Marine cargo for Rs 1,430 crores for the period of

Read More...

Friday October 28, 2016

Pune: Insurer To pay Rs 21 lakh Compensation

The Motor Accident Claims Tribunal (MACT) has ordered an insurance company to pay Rs 21 lakh compensation to the family members of a victim ruling that the firm “cannot escape liability by seeking benefit of its own wrong”. In Pimpri, the court, presided over by D M Deshmukh, has directed the New India Assurance Company

Read More...

Friday November 06, 2015

Insurers Are Chasing ISL Organisers

The Indian Super League has led insurance companies to chase the teams and organisers for business. The total insurance coverage for the eight-team ISL is Rs 600 crore, confirmed by a source. “Each franchise has taken an insurance cover of Rs 50 crore for loss of pay, personal accident and public liability ,” an executive

Read More...

Thursday October 15, 2015

New India Assurance Gets Rs 1,430 Crore Relief From IRDA

The Insurance Regulatory and Development Authority of India has providded relief to the New India Assurance from a big insurance claim of Rs 1,430 crore from Nectar life Sciences. The pharma corporation had bought a marine shipment transit cover from New India Assurance, under Open Marine cargo for Rs 1,430 crores for the period of

Read More...

Friday October 28, 2016

Pune: Insurer To pay Rs 21 lakh Compensation

The Motor Accident Claims Tribunal (MACT) has ordered an insurance company to pay Rs 21 lakh compensation to the family members of a victim ruling that the firm “cannot escape liability by seeking benefit of its own wrong”. In Pimpri, the court, presided over by D M Deshmukh, has directed the New India Assurance Company

Read More...

Friday November 06, 2015

Insurers Are Chasing ISL Organisers

The Indian Super League has led insurance companies to chase the teams and organisers for business. The total insurance coverage for the eight-team ISL is Rs 600 crore, confirmed by a source. “Each franchise has taken an insurance cover of Rs 50 crore for loss of pay, personal accident and public liability ,” an executive

Read More...

Thursday October 15, 2015