New India Assurance’s Medical cover for the Super Rich

New India Assurance’s Medical cover for the Super Rich

Question: What is the maximum cover amount under the recently launched mediclaim policy for super rich by New India Assurance?
(a) 1 Crore
(b) 50 Lakh
(c) 75 Lakh
(d) 90 Lakh
Ans:(a)

  • According to news report dated 10th February, 2017, State-owned New India Assurance has launched a premium Rs 1 crore mediclaim policy for the super rich.
  • The mediclaim policy would involve a sum insured of Rs 15 lakh, going up to Rs 1 crore.
  • Policy covers most treatments that were not covered under other mediclaim policies before.
  • It includes several elective medical procedures like infertility treatment and consulting dietitians. Claimants can claim for treatment for obesity and even maternal benefits after a three-year cooling period.
  • The new policy would cover dental and psychiatric treatments, which are otherwise not covered under other policies.
  • New India Assurance is the largest non-life insurer in the country and also the largest health insurance provider.
  • It is the first public sector company to provide such a cover.

Reference:
http://newindia.co.in/news.aspx
http://economictimes.indiatimes.com/wealth/personal-finance-news/new-india-assurance-offers-rs-1-crore-health-cover-for-super-rich/articleshow/57076598.cms

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