Network hospitals
3000+
Claim settlement ratio
92.93%
Sum insured
Up to 50 Lakh
No. of Plans
24
Solvency Ratio
1.34
Pan India Presence
2000
Network hospitals
3000+
Claim settlement ratio
92.93%
Sum insured
Up to 50 Lakh
No. of Plans
24
Solvency Ratio
1.34
Pan India Presence
2000
New India Floater Mediclaim is amongst the well-recognized insurance plans when opting for a comprehensive health insurance plan for yourself and your loved ones. With 3 optional covers and a multitude of benefits New India Floater Mediclaim is amongst the ideal health insurance plans. New India Floater Mediclaim Policy offers facilities like cumulative bonus, over 100+ daycare procedures, AYUSH treatments, Critical Care benefit and more. New India Floater Mediclaim Policy can cover individuals between 18 years to 65 years as well as dependent children from 3 months till 65 years with sum insured options ranging between 2 to 15 lakhs.
New India Health Insurance
Child Entry Age
Minimum:91 Days to 25 Years
Adult:18 Years
Maximum Age
Maximum: 65 years
Plan Type
Individual/Family
Policy Term
1 Year
Initial Waiting Period
30 Days
Sum Insured
2 L | 3 L | 5 L | 8 L | 10 L | 12 L | 15 L
*Initial Waiting Period is the time period between the issuance of the policy and the time it starts actively. During this period, a policyholder has to wait to avail of the benefits offered under a health insurance plan.
With comprehensive coverage options, New India Floater Mediclaim Policy Policy lets you customize your health insurance plan as per your requirements:
In-patient & Out-patient coverage
Room Rent
Covered
ICU Charges
Covered
Pre-Hospitalization
Covered up to 30 days
Post-Hospitalization
Covered up to 60 days
Domiciliary Hospitalization
Not Covered
Daycare Treatment
Covered
OPD Charges
Not covered
Coverage Terms
COVID-19 Treatment
Not Covered
Cataract
Covered
No Claim Bonus
Applicable
Automatic Restoration
Not Applicable
Daily Hospital Cash
Available
Organ Donor
Covered up to SI
Maternity Cover
Covered
New Born Baby Cover
Not Covered
Alternative Treatments
AYUSH Treatment
Covered up to 25% of SI
IVF Treatment
Not Covered
Modern Treatment
Covered
Emergency Coverage
Ambulance
Covered
Air Ambulance
Not Covered
Compassionate Travel
Not Covered
Global Coverage
Not Covered
Wellness Programmes
E-Consultation
Not Covered
Health Check-Up
Available
Second Medical Opinion
Not Available
Vaccination
Not Available
Limitations
Co-payment
Not Applicable
Sub-limits
Not Available
The room rent limit is the maximum amount of bed charge that you can claim if you are hospitalized.
Common room categories covered under room rent are:
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy Plan, the room rent is covered up to 1% of S.I
It is a special department in the hospitals where patients with serious medical conditions are treated.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy Plan, ICU charges are covered up to 2% of S.I
Medical expenses incurred before the hospitalization of the policyholder.
Coverage status under New India Floater Mediclaim Policy?
Under the New India Floater Mediclaim Policy Plan medical expenses incurred during pre-hospitalization are covered for up to 30 days.
Medical expenses incurred after the discharge of the policyholder from the hospital.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy Plan medical expenses incurred during pre-hospitalization are covered for up to 60 days.
Home hospitalization arrangement for the insured person due to unavailability of medical amenities in hospitals. The treatment should last equal to or more than 72 hrs to get financial coverage.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy, domiciliary hospitalization is not covered.
Treatments that can be treated in less than 24 hours of hospitalization like blood dialysis, cataract, etc.
Coverage status under New India Floater Mediclaim Policy?
New India Floater Mediclaim Policy covers the expenses of 139 daycare procedures.
Covers the cost of doctor consultation and prescribed medical tests that may not require hospitalization.
Coverage status under New India Floater Mediclaim Policy?
New India Floater Mediclaim Policy does not cover OPD charges.
COVID-19 treatment includes the cost of treatment for COVID-19 with a confirmative diagnosis from Govt. an approved center.
Coverage status under New India Floater Mediclaim Policy?
COVID-19 treatment is not covered by New India Floater Mediclaim Policy Plan.
A common eye condition in which your vision gets blurred.
Coverage status under New India Floater Mediclaim Policy?
New India Floater Mediclaim Policy Plan covers Cataract Treatment up to 10% of S.I or Rs. 50,000 for each eye OR Cataract can also be covered under optional cover wherein sum insured of the insured must be 8 Lakhs and above, the limit for Cataract will be 10% of the Sum Insured)
For every claim-free year, insurance companies reward policyholders with an increase in the Sum Insured amount as a no-claim bonus on policy renewal. However, in the case of a claim, this bonus amount either lapses or is reduced by a certain percentage that varies from plan to plan.
Coverage status under New India Floater Mediclaim Policy?
The cumulative Bonus is available under New India Floater Mediclaim Policy, 25% of the Base Sum Insured, up to a maximum of 50% for each claim-free year.
Automatic restoration is a benefit in which an insurance company restores the sum insured amount completely or up to a certain percentage after it gets fully exhausted in treatments. This restoration amount may vary from plan to plan.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy automatic restoration is not available.
It is a cash amount that you receive each day during the time of hospitalization.
Coverage status under New India Floater Mediclaim Policy?
The daily hospital cash is available under New India Floater Mediclaim Policy at the rate of 0.1% per day maximum of up to 1% of the Sum Insured.
It is a cover that includes the cost of the procedure for removing the damaged or malfunctioning organs from the body.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy, organ donor expenses are covered upto SI.
It refers to the cover that includes expenses for normal and c-section procedures deliveries.
Coverage status under New India Floater Mediclaim Policy?
Under the New India Floater Mediclaim Policy Plan, maternity expenses are covered up to 10% of S.I. as an optional cover which is applicable only if the Sum Insured of the Insured person is more than or equal to Rs. 5 lakhs.
It takes care of the medical expenses that arise due to the hospitalization of the newborn baby in case of unforeseen circumstances. Some of the common treatments that are covered under the newborn cover are listed below and these common treatments can vary from plan to plan:
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy Plan, the newborn baby cover is not available.
Refers to the cost of medicines and procedures used under AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy) treatment.
Coverage status under New India Floater Mediclaim Policy?
Covered Under New India Floater Mediclaim Policy up to 25% of SI.
In Vitro Fertilization (IVF) is a method of assisted reproductive technology. The common expenses incurred under IVF and infertility treatments are for:
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy IVF treatment is not covered.
Medical treatments that demand modern technology such as robotic surgeries, stem cell therapy, etc.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy modern treatments are covered to a maximum of 50% of S.I. depending upon the Sum Insured chosen by the insured life.
An ambulance is used to move the patient from home to hospital, transfer to another hospital, and take them for different tests outside the hospitals.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy Plan, Ambulance expenses are covered up to 1% of SI.
Air ambulances are specially prepared planes that transfer the patient from one place to another in case of a health emergency.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy Plan, Air Ambulance is not covered.
Refers to the traveling expenses of a family member of the insured person in case the policyholders get admitted to a hospital outside his/her residential city.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy compassionate plan is not covered.
Any kind of medical/health emergency when you are outside of India.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy Global coverage is not available.
If a policy offers E-consultation it allows policyholders to connect with a doctor for medical consultation through video chat, audio call, or chatbot.
Coverage status under New India Floater Mediclaim Policy?
Under the New India Floater Mediclaim Policy, e-consultation is not covered.
A facility where the policyholder can avail free health check-ups after fulfilling the company's policies.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy, a health checkup is covered only as a continuity benefit and if an insured individual renews the policy in time.
If the policyholder wants, they may opt for a second medical opinion wherein the policyholder can consult another doctor within the company’s network of medical practitioners.
Coverage status under New India Floater Mediclaim Policy?
Under the New India Floater Mediclaim Policy second medical opinion is not covered.
Coverage against the expenses incurred on vaccinations is provided by the insurance companies.
Coverage status under New India Floater Mediclaim Policy?
Under New India Floater Mediclaim Policy Plan, vaccination expenses are not covered.
In the co-payment clause, policyholders have to pay a portion of the hospitalization expense on their own and the insurer will pay the rest of the amount.
Status under National Mediclaim Policy?
Not Applicable under New India Floater Mediclaim Policy
Sub limit is a condition in which the insurer will have to pay the medical expense up to a certain percentage and the remaining amount will have to be paid by the policyholder.
Status under National Mediclaim Policy?
Not Applicable under New India Floater Mediclaim Policy.
To understand how much premium one needs to pay, let us go through the below example wherein we have illustrated the sample premiums.
Sum Insured (in Rs.) | 2 Lakh | 5 Lakh | 8 Lakh | 12 Lakh | 15 Lakh |
Premium Payable | 2,636 | 4,255 | 5,268 | 6,466 | 6,925 |
Sum Insured (in Rs.) | 2 Lakh | 5 Lakh | 8 Lakh | 12 Lakh | 15 Lakh |
Premium Payable | 1,418 | 770 | 646 | 644 | 458 |
Sum Insured (in Rs.) | 5 Lakh | 8 Lakh | 10 Lakh | 12 Lakh | 15 Lakh |
Premium Payable | 5,000 | 8,000 | 10,000 | 12,000 | 15,000 |
Sum Insured (in Rs.) | 8 Lakhs | 10 Lakhs | 12 Lakhs | 15 Lakhs |
Premium Payable | 444 | 555 | 666 | 832 |
New India Mediclaim Floater Policy encompasses of multiple Benefits and features making New India Mediclaim amongst the top choices for consumers
Tax Benefits
Get tax relief under section 80D
Discounts
Multiple discount options
Optional Covers
Avail add-on benefits with optional covers
Critical Care Benefit
Shield yourself against critical illness expenses
Amount paid towards the premium of this plan is eligible for tax relief under Section 80D of the Income Tax Act, 1961.
New India Floater Mediclaim offers family discounts of up to 15% if an insurer covers 4 or more members under one policy.
New India Floater Mediclaim offers multiple optional covers on different sum Insured options opted by Policyholders which enhance the policy coverage, namely, maternity coverage, cataract cover, and no proportionate deduction cover.
New India Floater Mediclaim Policy offers critical care benefit up to 10% of the Sum Insured which is paid if in case an individual is diagnosed with any critical illness during the policy period.
Permanent diseases or health conditions that are not included under New India Floater Mediclaim Policy Policy are:
Hospitalization out of war, riot, strike, and nuclear weapons
Intentional self-injury
Miscarriage, and abortion
Congenital disease
Infertility and in vitro fertilization
Certain diseases and treatments are covered under this plan after a certain time period. Read the details below:
Listed Ailments 24/48 Months
Pre-existing diseases after 48 Months
New India Health offers a wide range of health insurance plans to fulfill the medical needs of individuals, families, and senior citizens.
The plan covers you and your family against new age treatments, pre, and post-hospitalization, and hospital room rent charges.
Unique Features
This policy is designed to provide cheap medical insurance to poorer sections of society with a sum insured per person of Rs. 5000.
Unique Features
This plan protects all family members with broad health insurance coverage. It covers self, spouse, and a maximum of 2 dependent children.
Unique Features
The Policy covers reimbursement of Hospitalisation Expenses for Illness/ Injury sustained.
Unique Features
The Policy covers reimbursement of Hospitalisation Expenses for Illness/ Injury sustained.
Unique Features
The policy comes with a SI of 2-15 lakhs with a single sum assured for all the members on a floater basis.
Unique Features
A family policy where the proposer can avail Sum Insured from Rs. 1,2, 3, 5, 8, 10, 12 and 15 Lakhs. Children can be covered under the policy from 3 months to 25 years.
Unique Features
The plan comes in 2 different variants offering a sum assured up to 1 Cr. The policyholder can cover his/her entire family under one policy.
Unique Features
The Policy covers reimbursement of Hospitalisation Expenses for Illness/ Injury sustained.
Unique Features
Hospitalization expenses for any illness or injury. Ideal for those who want to cover their children and dependant parents.
Unique Features
The Policy covers reimbursement of Hospitalisation Expenses for Illness/ Injury sustained.
Unique Features
Plan coverage is available on an individual and family floater basis with a sum insured of up to 8L.
Unique Features
This plan offers the policyholder sum insured of up to 50L. New India Yuva Bharat Policy is available in base, gold, and platinum variants.
Unique Features
The plan is specifically designed for lower and middle-class families undergoing Cancer Treatment.
Unique Features
This plan covers hospitalization expenses if the insured is diagnosed with COVID-19. It is available on an individual and floater basis with a maximum sum of INR 5 lakh.
Unique Features
Hospitalization expenses for any illness or injury. Ideal for those who want to cover their children and dependent parents.
Unique Features
A special policy designed for parents with girl children only. Two dependent daughters can be covered with Rs. 8 Lakh sum insured.
Unique Features
This plan is designed to aid financially in treating cancer. The policy offers cover for conventional and advanced cancer treatments.
Unique Features
A plan designed for individuals between 60-80 years of age and offers 5% discount for single women senior citizen's. Gives sum insured up to 5 Lakhs.
Unique Features
New India TOP-UP Mediclaim policy covers hospitalization expenses once your policy crosses it’s threshold limit. It can cover up to 6 family members.
Unique Features
The Policy covers reimbursement of Hospitalisation Expenses for Illness/ Injury sustained.
Unique Features
An individual plan that is specifically designed to cover the treatment of 9 major illnesses.
Unique Features
See More Health Insurance Articles
See More Health Insurance Articles
An individual between the age of 18 to 65 years can invest in the New India Floater Mediclaim Policy along with dependent children between the age of 3 months to 25 years.
Individuals can cover entire families under New India Floater Mediclaim Policy such as self, Spouse, Dependent Children, and Parents.
Yes, hospitalization expenses are covered under New India Floater Mediclaim Policy up to S.I.
Yes, up to 10% of S.I. would be paid as Critical Care Benefit in case an insured life is diagnosed with a critical illness during the policy tenure.
Individuals can get treatment for over 130+ day care procedures under New India Floater Mediclaim.
Nishant
Lukhnow
December 9, 2022
Omg when i was buying the policies I was o skeptical. I contacted policyx and they solved my confusions and even helped in my documentations.. They are the best .
Ram Kapoor
Jaipur
September 8, 2021
I would definitely recommend New India Health insurance to everyone. Great customer support team, very helpful.
Lovlina chaurasiya
Allahabad
September 8, 2021
One of the best health insurance company. Impressed with the service and the support. Keep up the good work guys.
Nikita Dua
Jaipur
September 8, 2021
The company is offering very good plans at affordable prices, and the claim settlement process is very hassle free and quick.
Bharti sharma
Lukhnow
September 8, 2021
I really like the customer support department of the company very much, the staff is very polite and very helpful
Manish Singhal
Rajkot
September 1, 2021
Best plans with good service, committed towards their customer, great customer support team. thanks New India
Akash Sharma
Ahmedabad
September 1, 2021
Plans bahut ache hai is company ke.. bahut achi service hai aur apke customers ke claims bhi jaldi settle karti hai.
Karishma Sehgal
Hyderabad
August 31, 2021
Bought health policy from New India Health for the first time and I am very impressed by their services and I personally suggest to take the policy from New Health Assurance
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