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Updated on Sep 21, 2023
New India Assurance is one among the four public sectors general insurance companies in the Indian insurance market. The company offers attractive health and general insurance products to individuals. Its health insurance kitty is quite varied and the available health insurance plans are very reasonably priced. Among its health insurance products, the New India Premier Mediclaim Policy is the newest product launch which offers sum insured levels up to Rs.1 crore and all-inclusive coverage benefits. But is the premium affordable?
The premiums for New India Assurance’s health insurance plans, including Premier Mediclaim plan, can be calculated online by using a mediclaim premium calculator. The calculator calculates the premiums for the company’s health insurance plans for the interested customer and helps the customer buy the plan online after knowing the expected premium rate.
For the calculator to work, the following details are required to be furnished by the customer –
Enter all details in the calculator to determine the premium to be charged. Individuals can check different premium amounts by changing any of the details mentioned above.
Once the premium is calculated and changed, if required, the individual can also buy the plan directly from the website of New India Assurance. There is a buying option on the calculator to facilitate the purchase of the company’s mediclaim plan instantly.
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You can use a health insurance calculator to find out how much you will have to pay in premiums to your insurer.
Yes, you are qualified to claim tax deductions on premium payments made for a health insurance plan worth up to Rs 25,000 for yourself, your spouse, and any children covered by the plan under Section 80D of the Income Tax Act. Parents who are dependent and under 60 years old are given an additional tax deduction of Rs. 25,000; parents who are dependent and over 60 years old are given an additional tax deduction of Rs. 50,000.
Time is saved, and using an online premium calculator is also quite economical. You can even compare the plans to choose the one that suits you best.
Yes after you enter you details in the premium calculator, it asks about the smoking habits if any, about the qualification, what is your income per annum and are you salaried or self-employed.
PayBima Team
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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