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The New India Assurance

NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. Their global business crossed ₹26607 crores (India business crossed ₹23,910 crores) as onMarch 2019.

They have been market leaders in India in Non-Life business for more than 40 years and they are the only direct insurer in India rated A-(Excellent) by AM BEST Company since 2007. They have also been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations.

Their Indian operations span across all territories through 2395 offices, including 476 DOs, 595 BOs, 26 DABs and 1257 Micro Offices. We have 16795 employees as on 31st December 2019, providing insurance services to our customers. We have over 250 products.
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New India Health Insurance Review

New India Assurance Health Insurance
New India Assurance Insurance sum insured
2 lacs − 100 lacs options available
Incurred Claims Ratio *
103.74%
New India Insurance tenure options
1 year
Claims Settlement Ratio **
97.32%
List of network hospitals
3,000+ hospitals
Number of policies issued *
1,683,506
Maximum family floater coverage
Self, Spouse + dependent (children + parent)
Number of lives covered *
87,561,000
* As per IRDAI report for 2018-19   |   ** As per NL25 data published on the Insurance Company website

New India travel insurance products

New India Overseas Travel Mediclaim Insurance
  • Medical expenses incurred by the insured persons, outside India as a direct result of bodily injuries caused or sickness or disease contracted are covered.
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New India Health insurance products

New India Premier Mediclaim insurance
New India Premier is a Policy designed to cover Hospitalisation expenses of the Persons who would like to be covered under this Policy.

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New India Senior Citizen Health Insurance
Senior citizen residing in India and aged between 60 and 80 years. The health insurance can be renewed up to 90 years provided there is no beak in policy coverage.
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New India Assurance Family Floater Insurance
New India Assurance Family Floater health insurance offers comprehensive and best health insurance coverage for Indians aged from 18 years to 60 years.
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New India Top Up Mediclaim insurance
Available as indidivial or family health insurance up to 6 members in the family.

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New India Asha Kiran insurance
This policy is designed to the parents with only girl children.



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IFFCO Tokio Health Protector Plus
The policy covers hospitalization expenses which intends to provide coverage to you and your family in the eventuality of high treatment costs for any injury or disease related contingencies like hospitalization, organ transplantation etc.
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Useful links

Product links

Keep in touch

  • Address

    InstantCover Insurance Web Aggregator Private limited
    710, 6th B Cross, 16th Main Road, Koramangala 3rd Block, Bangalore - 560 034.

  • +91-(80)-41744345
  • Send an email
CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2022
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