Founded in 1919 by Sir Dorabji Tata, New India Assurance was among India’s first insurers, driven by a motto of public ...Read More
Founded in 1919 by Sir Dorabji Tata, New India Assurance was among India’s first insurers, driven by a motto of public well-being. This non-life insurer has 1,800+ offices across India and a presence in 25 countries, backed by over a century of experience in the insurance industry. ...Read Less
3,700+
Cashless hospitals
98.44%
Claim settlement
5 crore
Max sum insured
11
Active plans
🛡️ IRDAI Approved
⭐ 4.4/5 · 2,701 reviews
🏥 3,700+hospitals
📊 1.91xsolvency ratio
✅ 98.44%claim settlement
What you get with New India Health Insurance
The headline features and policy mechanics, at a glance.
Sum insured up to 5 crore
Coverage scales from entry-level individual plans to high-end family-floater protection.
3,700+ cashless hospitals
Direct billing at network hospitalsacross 1800 presence — no out-of-pocket payment at admission.
98.44% claim settlement
Industry-leading approval rate on eligible claims received in the most recent fiscal year.
1.91x solvency ratio
Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.
11 active plans
Choose from individual, family floater and senior-citizen variants to match your household.
The New India Assurance Company Limited is one of the oldest and most trusted insurance companies in India. It was started in 1919 by Sir Dorabji Tata. The company is owned by the Government of India and is based in Mumbai. It operates not only in India but also in more than 25 countries, offering different types of insurance like health, motor, and property. With over 100 years of experience, it is known for being reliable and strong in the insurance industry.
New India Health Insurance: An Overview
For over 50 years, New India Assurance Company has offered several health insurance products for individuals and families. Their main objective is to make insurance understandable and accessible for all.
Key Highlights of New India Health Insurance
3700+ Network Hospitals
1,800+ Offices Across India
Up to 5 Cr Sum Insured
24X7 Customer Support
Features That Set New India Health Insurance Apart
Presence across 25 countries
Government-owned insurer since 1919
AYUSH covered up to 100% of SI
Plans from ₹1 lakh to ₹5 crore
Lifelong renewal
New India Health Insurance Awards and Accolades
New India Assurance has received several prestigious awards:
Most Preferred Workplace Award for FY 2022-23 from BFSI Award
General Insurance Company of the Year for FY 2022-23
ETascent Stars of the Industry Award for Excellence and Leadership in BFSI
Skoch Challenger Award
First MCA Corporate Trophy
Video reviews
Walkthroughs from the PolicyX team — pros, cons, real claim experiences, and a recommendation on who should buy.
New India Health Insurance
This video talks about New India Health Insurance in detail. It talks about key features like Solvency Ratio, Claim Support Ratio which help an individual to analyze if the Insurer matches with his/ her requirements.
Why Choose New India Health Insurance?
A trusted brand since 1919
24X7 customer support for easy claim settlement
Over 3700 network hospitals all over India
Offers comprehensive coverage at affordable premiums
What is Covered By New India Health Insurance Company?
Pre and Post Hospitalization Expenses
New India Health Insurance understands the impact of rising medical expenses; thus, they have ensured that their insurance products contain pre and post-hospitalization expenses related to inpatient hospitalization.
AYUSH Treatments
Most New India Health Insurance plans have inbuilt alternative treatment cover. AYUSH treatments (Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy) are covered up to 100% of the sum insured in Mediclaim and Floater Mediclaim policies.
Hospitalization Expenses
New India health insurance plans cover hospital expenses like room rent, ICU charges, surgery expenses, doctor consultations, and other related expenses.
Day Care Treatments
Multiple procedures do not require 24-hour inpatient hospitalization. With this in mind, a majority of New India health insurance plans are designed to cover day care procedures for policyholders.
Domiciliary Hospitalization
On a doctor's recommendation, a policyholder can receive medical care in the comfort of their home. New India health insurance plans cover domiciliary hospitalization up to specified sub-limits.
What is Not Covered By New India Health Insurance Company?
Self-Inflicted Injuries
New India health policies will not cover injuries or hospitalization caused by self-harm.
Cosmetic Procedures
New India Health Insurance plans do not cover any kinds of cosmetic surgeries or treatments.
Adventure Sports
New India Health Insurance plans will not cover hospitalizations or accidents caused by adventure sports.
Obesity or Weight Control Treatments
New India Health Insurance plans mostly do not cover treatments related to obesity and weight management, such as bariatric surgeries.
Involvement in Illegal Activities
New India health insurance company plans do not cover individuals or families for hospitalization or injuries caused by unlawful activities.
How to Buy New India Health Insurance?
If you are looking to purchase New India Health Insurance online, follow these simple steps:
Step 1: Visit the PolicyX health insurance page and enter your details such as name, age, number of members to be covered, and city.
Step 2: Click on 'Get free quotes' and compare New India Health Insurance plans as per your needs.
Step 3: Select and pay premiums online for the New India Health Insurance plan of your choice.
Step 4: Our team of insurance experts at PolicyX will provide you with all the assistance required regarding claims and other queries post-purchase of your New India Health Insurance plan.
Documents Required for New India Assurance Health Policy Claim Settlement
Submit the following documents when filing for New India Assurance health claims:
Duly completed and signed claim form, in original
Valid photo-ID proof
Medical practitioner's referral letter and prescription
Original bills, receipts, and discharge cards from the hospital/medical practitioner
Original bills from pharmacy/chemists
Original pathological/diagnostic test reports/radiology reports and payment receipts
Indoor case papers
First Information Report (FIR), final police report, if applicable
Post-mortem report, if conducted
Any other document as required by the company to assess the claim
Best New India Health Insurance Plans Compared
Plan
Sum Insured
Entry Age
PED Waiting
Key Features
Best For
New India Mediclaim Policy
₹1L – ₹15L
Adults 18–65; children 3 months–25 yrs
36 months
AYUSH up to 100% of SI; 25% bonus a year (max 50%); diabetes/BP/heart covered after 90 days; room rent 1% / ICU 2% of SI; no maternity
Low-cost individual cover
Floater Mediclaim (BASIC / UPLIFT)
BASIC ₹2L–₹15L; UPLIFT ₹25L–₹5 Cr
Adults 18–65; children 3 months–25 yrs
36 months
2–6 members on one SI; bonus 25% a year (max 50% BASIC / 100% UPLIFT); 226+ day care procedures (280+ in UPLIFT); maternity rider on UPLIFT
Room rent 1% / ICU 2% of SI; critical illness benefit (₹2L in Plan A, ₹5L in Plan B, once in a lifetime); maternity after 3-year waiting period; no bonus or restoration
Higher cover with maternity
Top-Up Mediclaim
₹5L–₹15L over a ₹5L threshold; ₹7L–₹22L over ₹8L
Proposer 18–65; members 3 months–65
36 months (specified diseases: 24 months)
Base policy not mandatory; up to 6 members; cashless; hospital cash and ambulance
Cheap extra cover above an existing policy
Sixty Plus Mediclaim
₹2L, ₹3L, ₹5L
60 yrs and above
36 months
10% co-pay (optional 20% for lower premium); 30/60 days pre/post; attendant allowance; spouse can continue the policy
Parents and seniors
New India Health Insurance Plan Claim Process Steps
You can file for cashless as well as reimbursement claims for your New India Health Insurance plans by following these easy steps:
Step 1: Visit the website of New India Health Insurance and select the "Register A Claim" option.
Step 2: Select customer login or register yourself by providing the requested details.
Step 3: Now select the "claim type," whether you want to opt for a cashless claim or reimbursement. Click on "authorize," and you will receive an OTP on your verified number.
Step 4: Verify with the OTP and fill in the required hospital admission information. Select the hospital, and fill in the hospital details in case of a non-network hospital.
Step 5: Upload the requested documents and click on the "review" button.
Step 6: After clicking on the review button, submit the intimation for the company to review. You will receive a claim intimation number which you need to note down for future reference.
New India vs Other Public and Private Insurers
Insurer
CSR (FY 2025-26)
Health ICR (FY 2024-25)
Network Hospitals
Expert Advice
New India Assurance
98.44%
100.98%
3,700+
Compare plans and get your free quote
United India
95.11%
97.51%
4,000+
Compare plans and get your free quote
Oriental Insurance
93.33%
102.58%
4,000+
Compare plans and get your free quote
National Insurance
89.45%
96.05%
3,200+
Compare plans and get your free quote
HDFC ERGO
97.37%
84.85%
13,000+
Compare plans and get your free quote
Care Health
96.74%
64.53%
11,400+
Compare plans and get your free quote
Star Health
86.34%
70.30%
14,000+
Compare plans and get your free quote
Source: PolicyX Health Insurance Claim Settlement Ratio 2026 article.
Verdict line: New India has the highest claim settlement ratio of all 29 insurers in PolicyX's ranking, but its network is far smaller than private insurers', and it paid out more in claims than it earned in health premium in FY 2024-25 (ICR above 100%).
Pros and Cons
Pros
Cons
98.44% CSR, the highest of 29 insurers in PolicyX's ranking
Smaller network (3,700+) than private insurers like HDFC ERGO, Care and Star
Government-owned insurer, operating since 1919
Health ICR above 100% (FY 2024-25)
AYUSH covered up to 100% of the sum insured
Room rent capped at 1% of SI and ICU at 2% in the Mediclaim Policy
Floater Mediclaim UPLIFT offers cover up to ₹5 crore
Maternity not covered in the basic Mediclaim Policy
Diabetes, hypertension and heart conditions covered after 90 days in Mediclaim
Pre-policy medical check-up needed above age 50
How to Renew New India Health Insurance?
Follow these steps for New India Health Insurance policy renewal:
Step 1: Visit the official website of New India Health Insurance Company.
Step 2: Click on the 'Quick Help > Quick Renew' tab.
Step 3: Enter Customer ID and Renewed Quote No. (received through SMS) or Old Policy No.
Connect with our insurance experts for New India health insurance policy renewal at 1800-4200-269.
All 11 New India Health Insurance plans
Every plan currently being sold by New India Health Insurance, shown side-by-side so you can shortlist quickly.
Most popularIndividual and Family Health Insurance
Yuva Bharat Plan
The New India Yuva Bharat Health Policy is a specialized plan from New India Assurance tailored for young adults in India. It offers three …
The 20 most-asked questions about New India Health Insurance, answered.
Yes. You can cover your entire family under a single sum insured. The members covered in this policy are the self, spouse, and dependent daughters (maximum two).
There are two ways to pay the premium: Offline i.e., through cash, demand draft and cheque Online i.e., through credit card, debit card, net banking
This policy is available only for Indians living in India and not to NRIs, OCIs, or PIOs.
Yes, the company offers a 10% discount for voluntary excess of Rs.10,000 and a 10% family discount if the spouse is covered.
Of course, they do. Along with lifestyle habits, your age, profession, coverage amount, etc. have an impact on health insurance premiums.
One can check the status of their policy by going to the website and logging in by using their customer ID and password.
New India Medical Insurance requires candidates to pass a pre-acceptance medical examination if they are above 50 years. However, the terms & conditions may vary. Therefore, go read the policy brochure thoroughly.
Yes. COVID-19 hospitalisation is covered like any other illness under New India's health plans.
Yes. New India Assurance offers TAX Benefits to the policyholders against the premiums paid under Section 80D of the Income Tax Act, 1961.
In case you are not happy with the policy and wish to cancel the insurance within the free look period of 30 days from receipt of the policy. You may do so by returning the policy documents and submitting a completed surrender form to the nearest branch office. If no claim has been filed, the insurance can be canceled at any moment throughout the policy period. The insurer will process any claim requests submitted before the insurance is canceled.
The New India Assurance Health Insurance Company offers various health insurance online as mentioned below: Arogya Sanjeevani Policy New India Asha Kiran Policy New India Cancer Guard Policy New India Floater Mediclaim Policy New India Mediclaim Policy New India Premier Mediclaim Policy New India TOP-UP Mediclaim Policy Young India Digi Health Policy Yuva Bharat Health Policy
Follow the below steps to renew your New India Health Insurance Plans: Visit the official website of New India Health Insurance. On the menu bar click on the ’Quick help’ option. For Quick Renewal - Enter Customer ID and Renewed Quote No. (received through SMS) or Old Policy No. View your details and save your Quote to proceed. Pay premium using Credit Card/Debit Card/Net Banking.
Health Insurance Policies have become an integral part of every citizen’s financial planning as it protects individuals and their families from getting crushed under the ever-increasing medical bills. New India Assurance has been one of the first insurance providers in the country to provide health insurance solutions to millions of policyholders. Below are the reason to buy New India Health Insurance policies: Large network of cashless hospitals Impressive Claim settlement A wide array of health insurance products A high solvency ratio
No. Most New India health plans do not cover OPD; claims are paid only for hospitalisation.
Maternity is not covered in the New India Mediclaim Policy. It is available in Premier Mediclaim (after 36 months of cover) and as a rider on the Floater Mediclaim UPLIFT plan.
Yes. New India Assurance has a 98.44% claim settlement ratio (FY 2025-26), the highest among 29 insurers in PolicyX's ranking. It is government-owned and has 3,700+ network hospitals.
The Government of India is the majority owner. The company was founded by Sir Dorabji Tata in 1919 and is listed on the stock exchanges.
The New India Mediclaim Policy suits individuals wanting low-cost cover. Floater Mediclaim suits families and goes up to ₹5 crore. Sixty Plus Mediclaim is for people aged 60 and above, and Top-Up Mediclaim adds cheap extra cover.
New India has a much higher CSR (98.44% vs 86.34%). Star Health has a much larger hospital network (14,000+ vs 3,700+) and a lower ICR (70.30% vs 100.98%).
Up to ₹5 crore under the Floater Mediclaim UPLIFT plan.
Compare Health Insurance Companies
Pick any two insurers to see a detailed side-by-side comparison.
Insurance:
Compare:
VS
Compare with other insurers
Head-to-head reviews of insurers most often shortlisted alongside New India Health Insurance.
Aggregate ratings from 2,701 verified PolicyX customers who bought a New India Health Insurance plan.
4.4
out of 5
★★★★☆
2,701 reviews
5 star
60%
4 star
25%
3 star
10%
2 star
4%
1 star
1%
Health Insurance Premium Calculator
PolicyX.com premium calculator offers premium comparison for some of the best health plans in India. Input your details and find the most suitable health insurance policies for your requirements.
ChatGPT
Claude
Perplexity
