Flexi Floater Group Mediclaim

New India Flexi Floater Group Mediclaim Policy is a comprehensive health insurance plan. Since a group health insurance policy is designed to offer financial protection and risk mitigation to the members of the group collectively under a single policy, it offers extensive coverage for medical expenses incurred by the insured group members, including hospitalization expenses, doctor's fees, medicines, and more. The policy provides cost-effective and flexible coverage options, with the convenience of cashless treatment at network hospitals.

New India Assurance has gained the trust of millions by offering comprehensive coverage and a prompt claim settlement of 92.93%( calculated for 3 months), making it a trusted name in the insurance industry.

New India Health Insurance Detailed Review

Flexi Floater Group Mediclaim Specifications

To understand Flexi Floater Group Mediclaim Insurance in detail, take a look at the below table:

Entry Age

18 to 60 Years

Policy Type

Group Health Insurance

Sum Insured

N/A

Initial Waiting Period*

30 Days

Renewability

Lifelong

Policy Term

1 Year

*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.

Read more specifications in the brochure.

Choose Your Flexi Floater Group Mediclaim

With wide coverage options available, Flexi Floater Group Mediclaim Insurance Plan allows you to choose your ideal coverage as per your family’s health requirements. Take a look at the coverage under every SI option available and choose your ideal coverage:

In-patient & Out-patient coverage

Room Rent

Covered

ICU Charges

Covered

Pre-Hospitalization

Covered

Post-Hospitalization

Covered

Domiciliary Hospitalization

Covered

Daycare Treatment

Covered

OPD Charges

Not Covered

Coverage Terms

COVID-19 Treatment

Covered

Cataract

Covered

No Claim Bonus

Not Covered

Automatic Restoration

Not Covered

Daily Hospital Cash

Not Covered

Organ Donor

Covered

Maternity Cover

Not Covered

New Born Baby Cover

Covered

Alternative Treatments

AYUSH Treatment

Covered

IVF Treatment

Not Covered

Modern Treatment

Covered

Emergency Coverage

Ambulance

Covered

Air Ambulance

Not Covered

Compassionate Travel

Not Covered

Global Coverage

Covered

Wellness Programmes

E-Consultation

Not Covered

Health Check-Up

Covered

Second Medical Opinion

Not Covered

Vaccination

Covered

Limitations

Co-payment

Covered

Sub-limits

Covered

Features of New India Assurance Flexi Floater Group Mediclaim Policy

This group health insurance plan provides security and support to the members of the group, ensuring their well-being. The following characteristics of this plan make it unique:

Expenses like intensivist charges, monitors, and pulse oximeters are covered, which means that the coverage includes expenses for specialized medical professionals, monitoring equipment, and essential devices, with a limit of 2% of the sum insured per day.
Organ transplant expenses are covered, which means, if the insured person undergoes an organ transplant, the company's liability for expenses incurred on the donor and recipient will not exceed the sum insured by the recipient. This ensures coverage for the transplantation process while maintaining a reasonable limit.
The benefit of a cumulative bonus makes this plan cost-effective.
The plan depends on many factors such as, where you are receiving treatment, and the premium is determined by your age and geographic location.
The Flexi Floater Group Mediclaim Policy offers a Tax Benefit under Section 80D of the IT Act
In the New India Flexi Floater Group Mediclaim Policy, the premium is determined by the eldest family member's age.
The plan also serves as a family floater insurance policy because the policyholder can insure both his or her spouse and up to two children under the plan. The plan additionally has a 50% loading., each dependent child is subject to a 25% loading.

Inclusions of New India Flexi Floater Group Mediclaim Policy:

Cover for 30 days of pre-hospitalization expenses and 60 days of post-hospitalization expenses, with a hospitalization duration of more than 24 hours

Cover for day-care treatment expenses up to a specified limit where 24-hour hospitalization is not required

25% compensation for Ayurvedic, Homeopathic, and Unani treatments done in government hospitals

Coverage for pre-existing diseases after four years of continuous claim-free renewals.

Cover for pre-existing conditions such as diabetes, hypertension, and related complications post two years of uninterrupted insurance services, with an additional premium payment required.

Special Inclusions of the New India Flexi Floater Group Mediclaim Policy

Impairment of Persons' Intellectual Faculties: This coverage is up to 5% of the sum insured, with a maximum limit of Rs. 25,000 per policy period.
Artificial Life Maintenance: Coverage for artificial life maintenance is up to 10% of the sum insured and is limited to a maximum of 15 days per policy period following admission for a covered illness.
Puberty and Menopause-Related Disorders: Coverage for these conditions is provided only as an inpatient procedure after 24 months of continuous coverage. The cover has a sub-limit of up to 25% of the sum insured per policy period.
Age-Related Macular Degeneration (ARMD): The coverage has a sub-limit of 10% of the sum insured, with a maximum limit of Rs. 75,000 per policy period and the waiting period is 48 months.
Behavioral and Neurodevelopmental Disorders: This coverage has a sub-limit of 25% of the sum insured per policy period, which is within the sum insured and does not increase the overall sum insured.
Genetic Diseases or Disorders: Genetic diseases or disorders are covered with a sub-limit of 25% of the sum insured per policy period. However, there is a waiting period of 48 months before coverage for such conditions becomes effective.
Treatment of Mental Illness and Neurodegenerative Disorders: The coverage has a sub-limit of up to 25% of the sum insured per policy period and the waiting period is 48 months.

New India Health Insurance Network Hospital List

New India Health Insurance Network Hospitals are present in 31 states nationwide. With a wide network of hospitals, New India Health Insurance ensures that you are medically secured, irrespective of the city you reside in.

Delhi

Mumbai

Bengaluru

Chennai

Kolkata

Hyderabad

Pune

Ahmedabad

Jaipur

Lucknow

Know More About Network Hospital

New India Flexi Floater Group Mediclaim Plan Exclusions

Permanent Exclusions

Permanent diseases or health conditions that are not included under the New India Flexi Floater Group Mediclaim Plan are:

Hospitalization out of war, riot, strike, and nuclear weapons

Intentional self-injury

AIDS

Miscarriage, and Abortion

Congenital disease

Infertility and in vitro fertilization

Coverage after Waiting Period

Certain diseases and treatments are covered under this plan after a certain period. Read the details below:

Listed ailments after 24/48 Months

Step By Step Process of New India Flexi Floater Group Mediclaim Policy Renewal

New India Flexi Floater Group Mediclaim Policy renewal is the process of updating the policy terms, reviewing coverage options, and paying the premium for the renewed period. Policy renewal ensures the continuity of insurance coverage, allowing policyholders to maintain their benefits without any gaps or interruptions. The policy can be renewed with mutual consent and The company is not obligated to provide renewal notices. Here is the step-by-step process of policy renewal:

For Quick Renewal, enter your Customer ID and either the Renewed Quote No. (received via SMS) or the Old Policy No.
Save the Quote after reviewing your details to proceed with the renewal process.
Choose your preferred payment method - Credit Card, Debit Card, or Net Banking.
Complete the premium payment using the selected payment mode.
Once the payment is successfully processed, your policy will be issued or renewed promptly.

Explore other New India Health Insurance

To cater to the different medical needs of an individual & their family, New India Health Insurance offers several Health Plans ranging from senior citizen plans to specialized plans for autistic children, to health insurance for cardiac patients, and many more.Take a look below to New India Health Insurance plans explore more:

Top Up and Super Top Up

New India Top-Up Mediclaim Policy

New India Top-Up Mediclaim is a top-up insurance plan that covers hospitalization expenses once your base health insurance is exhausted. The policy is...

Unique Features

High SI Available
Mental Illness Cover
Avail Cataract Cover

New India Top-Up Mediclaim Policy (Pros)

Hospital Cash
Ambulance Cover
Zero Co-pay

New India Top-Up Mediclaim Policy (Cons)

Illegal activities
Alcoholism and Drug Abuse
Adventure Sports

New India Top-Up Mediclaim Policy (Other Benefits)

Get Well Benefit
Mental Health Cover
No Base Cover Needed

New India Top-Up Mediclaim Policy (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 65 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 22 L

Senior Citizen Health Insurance

New India Sixty Plus Mediclaim Policy

New India Sixty Plus Mediclaim Policy is a comprehensive health insurance by New India Assurance Company. The policy covers senior citizens aged betwe...

Unique Features

Senior Citizen Cover
Attendant Benefit
Discounts For Women

New India Sixty Plus Mediclaim Policy (Pros)

Continuation Aftеr Dеath
Organ Transplant Covеr
Covеr for Prе-Mеdical Chеck-up

New India Sixty Plus Mediclaim Policy (Cons)

Illegal activities
Alcoholism and Drug Abuse
Adventure Sports

New India Sixty Plus Mediclaim Policy (Other Benefits)

Attеndant Bеnеfit
Discount for Singlе Womеn
Covеragе for Spouse

New India Sixty Plus Mediclaim Policy (Eligibility Criteria)

Min entry age: 60 Years
Max entry age: No upper limit
Initial Waiting Period: 30 Days
Sum Insured: Up to 5 L

Accident Health Insurance

New India Assurance Personal Accident Policy

New India Assurance Personal Accident Policy is a simple health insurance plan that provides compensation in case the insured is deceased or disabled ...

Unique Features

Accident Cover
Worldwide Coverage
Permanent Disability Cover

New India Assurance Personal Accident Policy (Pros)

Worldwide Coverage
Disability Cover
Death Benefit

New India Assurance Personal Accident Policy (Cons)

Self-injury not covered
Maternity coverage not available
Adventure sports not covered

New India Assurance Personal Accident Policy (Other Benefits)

Education Fund
Optional add-on covers
Family Package

New India Assurance Personal Accident Policy (Eligibility Criteria)

Min entry age: 5 Years
Max entry age: 70 Years
Initial Waiting Period: N/A
Sum Insured: N/A

Individual and Family Health Insurance

New India Medicare Policy

New India Assurance Mediclaim Policy offered by New India Assurance Health Insurance Company is a health plan that covers you and your family against ...

Unique Features

Wide Coverage Options
Same Rates of Premium
Key Features and Benefits

New India Medicare Policy (Pros)

AYUSH Cover
Modern Treatment
Health Check-up

New India Medicare Policy (Cons)

Illegal Activities
Alcoholism and Drug Abuse
Adventure Sports

New India Medicare Policy (Other Benefits)

Cataract
Ambulance Cover
Organ Donor Cover

New India Medicare Policy (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: No Limit
Initial Waiting Period: 30 Days
Sum Insured: Up to 15 L

Individual and Family Health Insurance

Asha Kiran Mediclaim Policy

The New India Asha Kiran Policy by New India Health Insurance is a unique policy designed for parents with only a girl child. The New India Asha Kiran...

Unique Features

Girl Child policy
Discount on premiums
Critical illness benefits

Asha Kiran Mediclaim Policy (Pros)

Hospital Cash Cover
Covers Daughters
Cataract Cover

Asha Kiran Mediclaim Policy (Cons)

Illegal activities
Obesity and cosmetic procedures
Alcoholism

Asha Kiran Mediclaim Policy (Other Benefits)

AYUSH Cover
4 Optional Covers
226 Day care Procedure

Asha Kiran Mediclaim Policy (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 65 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 15 L

Senior Citizen Health Insurance

New India Senior Citizen Mediclaim Policy

New India Assurance Senior Citizen Mediclaim Policy is a comprehensive plan which provides many benefits such as medical cover, cashless hospitalizati...

Unique Features

AYUSH Treatment Covered
90% Co-payment
Organ Donor Benefit

New India Senior Citizen Mediclaim Policy (Pros)

Room Rent Cover
ICU Cover
Hospital Cover

New India Senior Citizen Mediclaim Policy (Cons)

Involvement in illegal activities
Alcoholism and drug abuse
Adventure sports

New India Senior Citizen Mediclaim Policy (Other Benefits)

Hysterectomy
Cataract Cover
AYUSH Cover

New India Senior Citizen Mediclaim Policy (Eligibility Criteria)

Min entry age: 60 Years
Max entry age: 80 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 1.5 L

Family

New India Flexi Floater Mediclaim Policy

New India Floater Mediclaim by New India Assurance is amongst the well-recognized insurance plans when opting for a comprehensive New India Health Ins...

Unique Features

Optional Cover Benefits
Crit-Care Available
Avail Family Discounts

New India Flexi Floater Mediclaim Policy (Pros)

Cumulative Bonus
New Born Baby cover
Critical Care Benefit

New India Flexi Floater Mediclaim Policy (Cons)

Illegal Activities
Adventure Sports
Self-inflicted Injuries

New India Flexi Floater Mediclaim Policy (Other Benefits)

4 Optional cover
Hospital Cash Cover
Cataract Covered

New India Flexi Floater Mediclaim Policy (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 65 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 15 L

Individual and Family Health Insurance

New India Premier Mediclaim

New India Premier Mediclaim Policy is a versatile health insurance policy that can cover up to 6 members of your family under a single policy. New Ind...

Unique Features

High Sum Insured
AYUSH Treatment
Maternity Cover

New India Premier Mediclaim (Pros)

Room rent cover
ICU cover
Critical Illness benefit

New India Premier Mediclaim (Cons)

Illegal activities
Alcoholism and drug abuse
Adventure sports

New India Premier Mediclaim (Other Benefits)

Covers entire family
2 plan options
Hospital cash benefit

New India Premier Mediclaim (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 65 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 1 Cr

Critical Illness Health Insurance

New India Cancer Guard

New India Cancer Guard Policy by New India Assurance is a health insurance plan that provides a financial cushion for expensive treatments such as Can...

Unique Features

Ambulance Cover
Day Care Covered
Cancer Care Benefit

New India Cancer Guard (Pros)

Chemotherapy
Radiotherapy
Organ Transplant

New India Cancer Guard (Cons)

Illegal Activities
Alcoholism and Drug Abuse
Adventure Sports

New India Cancer Guard (Other Benefits)

Post Treatment Follow-up
Second Opinion for Surgery
Ambulance Charges

New India Cancer Guard (Eligibility Criteria)

Min entry age: 3 Months
Max entry age: 65 Years
Initial Waiting Period: 90 Days
Sum Insured: Up to 50 L

Group Health Insurance

Flexi Floater Group Mediclaim

New India Flexi Floater Group Mediclaim Policy is a comprehensive health insurance plan. Since a group health insurance policy is designed to offer fi...

Unique Features

Ayush Cover
Genetic Disorder Cover
Mental Illness Cover

Flexi Floater Group Mediclaim (Pros)

Lasik Surgery
Maternity Cover
New Born Cover

Flexi Floater Group Mediclaim (Cons)

Illegal actvities
Alcoholism and drug abuse
self-inflicted harm

Flexi Floater Group Mediclaim (Other Benefits)

To-up cover
Daycare Treatment
Ambulance Cover

Flexi Floater Group Mediclaim (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 60 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 5 L

Individual and Family Health Insurance

Yuva Bharat Plan

The New India Assurance Yuva Bharat Health Policy is a comprehensive health insurance plan that includes a plethora of additional features in addition...

Unique Features

3 plan variants
5 to 50 L SI
Auto top-up

Yuva Bharat Plan (Pros)

Personal accident benefits
Critical illness benefits
Air ambulance

Yuva Bharat Plan (Cons)

Illegal activities
Alcoholism and drug abuse
Adventure sports

Yuva Bharat Plan (Other Benefits)

Enhancement of sum insured
Cost of pharmacy
Ambulance service

Yuva Bharat Plan (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 65 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 50 L

Flexi Floater Group Mediclaim Policy: FAQs

1. What is the maximum room rent allowed under the room rent coverage of the plan?

The plan ensures that the room rent does not exceed 1% per day, providing cost-effective accommodation during hospitalization.

2. How much coverage is provided for specialized medical professionals and monitoring equipment expenses?

The coverage includes expenses for specialized medical professionals, monitoring equipment, and essential devices, with a limit of 2% of the sum insured per day.

3. What medical expenses are covered under the plan?

The plan covers a wide range of medical expenses, including professional fees for surgeons, anesthetists, consultants, and specialists. It also includes costs for anaesthesia, blood, oxygen, operating theater charges, and various procedures such as dialysis, chemotherapy, and radiotherapy.

4. Are ambulance charges covered under the Flexi Floater Group Mediclaim Policy?

Yes, ambulance charges are covered under the Flexi Floater Group Mediclaim Policy. The plan covers ambulance charges up to 1% of the sum insured or the actual expenses, whichever is lower, with a maximum limit of Rs. 2,500.

5. Does the New India Flexi Floater Group Mediclaim Policy cover organ transplantation expenses?

Yes, the New India Flexi Floater Group Mediclaim Policy covers organ transplantation expenses.

6. Does the Flexi Floater Group Mediclaim Policy cover pre-hospitalization and post-hospitalization expenses?

Yes, the policy covers 30 days of pre-hospitalization expenses and 60 days of post-hospitalization expenses, with a hospitalization duration of more than 24 hours.

7. Are daycare treatment expenses covered under the policy?

Yes, the policy provides cover for daycare treatment expenses up to a specified limit where 24-hour hospitalization is not required.

8. Does the policy provide coverage for Ayurvedic, Homeopathic, and Unani treatments?

Yes, the policy offers 25% compensation for Ayurvedic, Homeopathic, and Unani treatments done in government hospitals.

9. When are pre-existing diseases covered under the policy?

Coverage for pre-existing diseases is available after four years of continuous claim-free renewals.

10. Are there any special inclusions in the New India Flexi Floater Group Mediclaim Policy?

Yes, there are special inclusions such as coverage for impairment of persons’ intellectual faculties, artificial life maintenance, puberty and menopause-related disorders, age-related macular degeneration (ARMD), behavioral and neurodevelopmental disorders, genetic diseases or disorders, and treatment of mental illness and neurodegenerative disorders.

11. What is the cancellation clause of the policy

The Cancellation Clause of the New India Assurance Group Mediclaim Policy is as follows: The insurance company has the authority to cancel the policy by sending the insured a formal letter with a 30-day prior notification. In case of cancellation, the company will refund the premium based on the short-period rate table of the policy.

Flexi Floater Group Mediclaim

New India Health Insurance Detailed Review

Flexi Floater Group Mediclaim Specifications

Entry Age

Policy Type

Sum Insured

Initial Waiting Period*

Renewability

Policy Term

Choose Your Flexi Floater Group Mediclaim

In-patient & Out-patient coverage

Coverage Terms

Alternative Treatments

Emergency Coverage

Wellness Programmes

Limitations

Features of New India Assurance Flexi Floater Group Mediclaim Policy

Inclusions of New India Flexi Floater Group Mediclaim Policy:

Special Inclusions of the New India Flexi Floater Group Mediclaim Policy

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Delhi

Mumbai

Bengaluru

Chennai

Kolkata

Hyderabad

Pune

Ahmedabad

Jaipur

Lucknow

New India Flexi Floater Group Mediclaim Plan Exclusions

Permanent Exclusions

Coverage after Waiting Period

Step By Step Process of New India Flexi Floater Group Mediclaim Policy Renewal

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