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Why New India Assurance Is One Of The Best Insurance Companies: Check Features And Benefits




The New India Assurance is a general insurance company held and operated completely by the Indian government. However, it conducts business in many other countries too. It has received many awards over the years for its products and services.

The Overview Of The Plans

New India Assurance provides insurance policies for various purposes. They are categorized as personal, industrial, social, commercial and liability. There are multiple plans under each section, and you can view them on the official website.

You could also check out New India Assurance Reviews on the internet. Here is a gist of the plans that could be useful

Category

Plans available

 

Personal

Mediclaim - health insurance

Motor policy - vehicle insurance

Suhana Safar - travel insurance

Householder’s - home insurance

 

New India Assurance Mediclaim can be booked for individuals and families. Special plans for senior citizens and accident coverage.

Commercial

Neon sign insurance - for all

Plate glass insurance - for all

Fidelity Guarantee - for employers

Special Contingency - coverage of all risks

 

Other plans apart from these are available for specific purposes like the Aviation Insurance and Marine Cargo Policy.

Industrial

Burglary Policy - for business premises

Machinery Breakdown-mechanical/electrical

Mega Package Policy - large risks

Contractors All Risk

 

Various policies catering to the different needs of industries.

 

Why To Buy Insurance From New India Assurance?

There are many kinds of policies that you can buy from this company. You can avoid liability and social insurance plans which are not provided by the private firms. All the New India Assurance reviews by customers are experts are encouraging.

Here you can read a New India Assurance two wheeler insurance review.

Features And Benefits Of Mediclaim

  • The official website provides a comprehensive view of any policy so that you will have all the info beforehand
  • There is a provision for New India Assurance health insurance premium calculator and also for other plans
  • There is no age limit for New India Assurance online renewal of Mediclaim policies
  • At a networked hospital, you can make cashless claims
  • As a policyholder, you can have your spouse, parents, and children covered under the same policy

Eligibility

The age range for availing Mediclaim plans is three months to 65 years. The rest of the policies are subject to specific conditions. If your situation is valid, you can buy the different commercial, industrial and liability plans.

Inclusions

The coverage and benefits differ from policy to policy. You can read all of them online or contact an agent to get the information.

For example, if you book and pay the New India Assurance health insurance premium, you get pre and post hospitalization costs covered. 

Exclusion

The conditions that are not covered by a policy are called exclusions.

Take the Fire Policy for example; the exclusions include damage due to war, pollution or radiation. It does not cover some properties like boilers, loss due to lightening or leakage of electricity either. You can read New India Assurance car insurance review to know about the exclusions in the Motor Policy.

Documents Required

While booking a policy, the documents required are identity proof, address proof, and such usual ones. But while claiming, there is a whole lot more.

Necessary documents for personal plans are less than that of commercial or industrial. The claiming of the policy that covers fire damage needs New India Assurance claim form, newspaper reports, photographs, fire brigade report and more.

Claiming

Taking the necessary steps to minimize loss is the first step. Then you have to inform the insurance company that you will be making a claim. After this, you will be able to claim your insurance money once you complete the legal formalities and submit the documents.

Also Read this : How to save money with New India Assurance General Insurance?


This article was written by Steffi Sharma for on .

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