New India Mediclaim Policy

Key features

• ✓Public-sector PSU insurer (Govt. of India)
• ✓Sum insured options from ₹1L to ₹15L
• ✓139 daycare procedures covered
• ✓Maternity cover available at SI ≥ ₹5L (up to 10% of average SI)
• ✓AYUSH treatment covered
• ✓Pre and post-hospitalisation expenses covered
• ✓Cumulative bonus 25%/year up to 50% cap
• ✓Newborn baby cover
• ✓Organ donor expenses
• ✓Ambulance cover
• ✓Annual health check-ups
• ✓Lifetime renewability

What’s included

• ✓In-patient hospitalisation
• ✓Pre-hospitalisation expenses
• ✓Post-hospitalisation expenses
• ✓139 daycare procedures
• ✓Maternity (SI ≥ ₹5L)
• ✓Newborn baby cover
• ✓Organ donor expenses
• ✓AYUSH treatment
• ✓Ambulance charges
• ✓Daily hospital cash
• ✓Annual health check-up
• ✓Cataract treatment
• ✓COVID-19 hospitalisation

What’s excluded

• ✕War, riot, nuclear injuries
• ✕Intentional self-injury / suicide attempts
• ✕AIDS and HIV-related illness
• ✕Miscarriage / voluntary abortion
• ✕Congenital external diseases
• ✕Infertility and IVF treatment
• ✕Adventure / hazardous sports injuries
• ✕Cosmetic / aesthetic surgery

Eligibility

Min age

18 years

Max age

65 years

Max entry age

65 years

Covers

Self, Spouse, Dependent children (3 months–25 years), Parents

Policy term

1 year

PED waiting period

48 months (per PolicyX); prospectus references 36 months — verify on policy schedule

Initial waiting

30 days (except accidents)

Co-payment

Nil

Room rent

Covered across SI options (single/private/AC rooms)

No-claim bonus

Cumulative bonus 25% per claim-free year, up to 50% of SI