New India Mediclaim 2012 policy has been issued by New India Assurance Co. Ltd which covers the hospitalisation expenses of the insured for any illness and injury in the period of insurance. The policy term is 1 year. There is no age limit set for it renewal. With this health insurance policy you can avail bonus, discounts and tax benefits. Sum assured ranges from Rs.3 lakh to Rs.5 lakh.
Features & Benefits of New India Mediclaim 2012 policy:
|Entry age||Minimum age – 18 years Maximum age – 65 years|
|Sum Assured||Up to Rs.3 lakh, Rs.3 lakh to Rs.5 lakh and over 5 lakh|
|Policy term||1 year|
|Age limit for renewal||There is no age limit for renewal, the policy has to be renewed within 30 days from the date of expiry.|
Treatment for the following will be covered under this policy:
|Cumulative bonus buffer||The cumulative bonus earned in the previous years will be available as cumulative bonus buffer for the current policy.|
The policy can be cancelled on the grounds of misrepresentation, fraud, non-disclosure, etc.
The premium will be refunded and the rate of premium to be charged is as follows:
|Free look period||You can return the policy in within 15 days from the date of receipt of the policy.|
|Claim||The insurer can settle the claim within 30 days from the receipt of the necessary documents.|
If there has been no claims, you will get the following discounts:
|Tax benefits||Payments made towards this policy in any mode other than cash is eligible for deduction from taxable income under section 80D of the Income Tax Act.|
Disclaimer: Please read the terms, conditions and exclusions mentioned in the policy document before taking the policy.
Find cashless network hospitals nearby: New India Assurance Network Hospitals
Also Read: Best Health Insurance Plans of 2017
Other Health Insurance Plans from New India Assurance:
- New India Floater Mediclaim Policy
- New India Asha Kiran Policy
- New India Mediclaim 2007 Policy
- New India Family Floater Mediclaim Policy
- New India Assurance Janata Mediclaim Policy
- New India Assurance Senior Citizen Mediclaim Policy
GST rate of 18% applicable for all financial services effective July 1, 2017.
Disclaimer: Premiums may vary depending upon factors like age, location and prevailing taxes/GST.