Claim Settlement Ratio 89%
Claim Settlement Facility 100%
Network Hospitals 4,300
COVID-19 Cover Yes
Incurred Claim Ratio 85.39%
The New India Assurance offers premium payment on installment basis. Premiums can be paid on monthly, quarterly or half yearly basis for Arogya Sanjeevani Policy.
Customers can avail an extra discount of 10% subject to a maximum of ₹2000 per policy for New Policies purchased on the New India Assurance Company's portal.
The company provides coverage for Alternative treatments such as Ayurveda, Yoga,Unani, Siddha and Homeopathy up to the sum insured limit mentioned under the policy. The treatment under Ayush should be availed only in Government approved hospitals.
The company provides an additional discount of 20% for policyholders residing in places other than Greater Mumbai, Gujrat state, Delhi NCR, Bengaluru, Chennai, Hyderabad, Secunderabad, Pune and Kolkata. A digital discount of 10% is also applicable for both Fresh and Renewals if the policy is purchased from the New India Assurance customer portal.
The New India Assurance health insurance policy covers the medical expenses incurred towards treatment for HIV, Mental illness and Genetic disorders which are otherwise excluded under a normal health insurance policy.