New India Assurance Claim Settlement Ratio

New India Health Insurance Claim Settlement Ratio

New India Health Insurance has settled 99.4 lakh claims since its inception. The insurer understands the importance of hassle-free claim settlement.

Buying a health insurance policy and facing claim settlement issues can be frustrating. Therefore, it is crucial to check the Claim Settlement Ratio (CSR) of your chosen company.

New India Assurance boasts an impressive CSR of 90.73%, indicating its reliability as a health insurer. The Claim Settlement Ratio (CSR) is important when choosing a health insurance company for coverage, as it helps potential policyholders evaluate the company’s ability to settle claims. The Insurance Regulatory and Development Authority of India (IRDAI) publishes the CSR of all insurance companies in their annual reports, allowing easy comparison.

Claim Settlement Ratio of New India Assurance Health Insurance Company

As per IRDAI, the New India Assurance Health Insurance Claim Ratio is 90.73%. The information below provides an analysis of claims paid:

• Claims Settled: 90.73%

How to File a New India Health Insurance Claim?

1. Intimate the Company

• For planned hospitalization, inform the company 48 hours in advance. For injury or illness, inform immediately.
• For emergency hospitalization, the company must be intimated within 24 hours.

2. Submission of Documents

After hospital discharge, the following documents must be submitted within 7 days:

• Hospital bill, receipt, and discharge certificate/card.
• Cash memos from hospitals/chemists, supported by proper prescriptions.
• Receipts and pathological test reports from pathologists, supported by a note from the attending medical practitioner/surgeon recommending such tests.
• Surgeon’s certificate detailing the operation performed, along with the surgeon’s bill and receipt.
• Attending doctor’s/consultant’s/specialist’s/anesthetist’s bill, receipt, and diagnosis certificate.

For post-hospitalization, documents must be submitted within 7 days of the treatment date. After verification, the company will settle the claim.

How to Check Claim Status with New India Assurance?

New India Assurance allows you to manage your profile, file claims online, and track their status instantly. Follow these steps to check your claim status:

1. Check Claim Status via Customer Portal

For New Users

1. Visit https://newindia.co.in
2. Register by clicking on the 'Customer Login/Registration Portal'.
3. Fill in the required details.
4. Once your ID and password are generated, log in using these credentials. Navigate to the 'Claims' tab and enter your policy number to check the status.

For Existing Users

1. Visit https://newindia.co.in
2. Log in with your ID and password.
3. Once logged in, access your policy details. Check your claim status by clicking on the 'Claims' tab and entering your policy number.

2. Check Claim Status via Call and Email

• Call the toll-free number: 1800-209-1415.
• Email your policy number to [email protected] to inquire about your claim status.

3. Check Claim Status via Live Chat

New India Assurance offers a 24/7 Live Chat option. Fill in the required details to inquire about your claim status.

4. Check Claim Status by Visiting a Branch

If the above options are not suitable, visit your nearest New India branch office to check your claim status. Find your nearest branch online.