New India Assurance Health Insurance Premium Calculator

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About New India Assurance Company

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.

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How the mediclaim premium calculator works?

For the calculator to work, the following details are required to be furnished by the customer –

  • The policy which is to be bought
  • The age of the individual who is to be insured
  • The date from which the policy coverage is required to start
  • The date on which the coverage is expected to end
  • The basic information of the individual which would require the plan variant and the sum insured to be chosen
  • The details of the members who are to be covered. The details would include the list of members and their respective dates of birth. Spouse, dependent children and, in some plans, dependent parents are allowed to be covered under the single plan as a family
  • The contact details of the individual so that the representative of the insurance company might contact the individual and help in buying the policy without any queries

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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FAQs: Health Insurance for Parents Premium Calculator

What is a health insurance premium calculator?

You can use a health insurance calculator to find out how much you will have to pay in premiums to your insurer.

Are the premiums paid towards health insurance tax deductible?

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.

Why should I use an online premium calculator?

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.

Does the calculator ask for health related habits?

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.

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Mar 18, 2021
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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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