New India Assurance is a non-life insurance company which was established in 1919 and now holds a strong position in India and overseas. It became an exclusive general insurance company in 1956. New India Assurance is one of the leading insurance companies which have made its presence felt in Asia and Africa. It is the first wholly owned Insurance company in India.
They offer a range of health insurance policies to individuals, spanning across all sections of society.
- Mediclaim policy- It covers outpatient, pre and post hospitalization, day care treatment expenses. Ayurvedic, unani and homeopathic medicines are also covered to the extent of 25 % of the SI. The policy is available to individuals form 18 years to 60 years. Children between 3 months and 18 years of age can be covered in the policy if parents are covered under the policy.
- Jan Arogya Bima policy- this is the policy for poorer sections of the society. Individuals between 5 to 70 years are eligible for this policy.
- Bhavishya Arogya- Any individual from 3 years to 50 years is eligible for this policy. it takes care of medical expenses in old age. Policy provides insurance cover for hospitalization and domiciliary hospitalization. The insurer selects the retirement age for the commencement benefits.
- Janata personal accident policy- the policy compensation in case of death or permanent disablement or loss of limbs and sight. The sum assured limit starts from Rs. 25000 to Rs. 1, 00, 000.
- Senior citizen’s mediclaim policy- This allows any individual between 5 to 80 years to be insured. It provides for cashless hospitalization in hospitals in India in case of any illness or injury experienced during the policy period.
- Universal health insurance scheme- The policy covers hospitalization expenses up to 30, 000 to an individual or family. Cost of blood, medicines, drugs, anesthetist fee, surgeon’s fee are all included in the cover.
Benefits:
NIA was the first completely Indian – owned non- life insurance company. Over the years they have built a reputation for themselves. All the legitimate claims are processed quickly.
Third party Administrator (TPA) services-
New India Assurance has tie ups with a number of TPAs. Paramount Health services Ltd., Medi Assist India Pvt. Ltd., TTK healthcare services Pvt. Ltd., Raksha TPA Pvt. Ltd., Medicare TPA Pvt. Ltd. are the TPAs which assist New India Assurance.
Posted in Health insurance review.
More and more United States citizens are looking for whole life insurance to protect their families in the event of their death. In the past, term life insurance has been popular, but now more people are opting for whole life insurance.
Making the decision to get whole life insurance is easy – finding a company that will offer you a fair price on a policy isn’t. But, if you know how to approach the situation, you can get a great insurance policy at a great price.
The first step you have to take is you have to decide how much insurance you actually need. You can find a policy with almost any terms with almost any amount of coverage as long as you can pay the premiums, so it is a good idea to decide how much is actually necessary so you don’t end up overpaying for something you don’t need.
After you have determined what you need, you have to start looking for a provider. The way most people find their policy is on the Internet. Almost every insurance company can offer you instant whole life insurance quotes in the us right from their website, so the process is not that difficult.
It is a good idea to get as many quotes as possible, especially if you are dealing with Illinois life insurance quotes. After you have all the quotes you need (ideally 3-5), you can then sit down with your spouse or beneficiaries, examine the specific terms, and choose the policy that is right for you,
After you have made the decision on which policy to choose, you can follow the instructions and sign up for the policy. Then, all you have to do is make the payments and your family will be protected in case something happens to you.
You never want to think about the end of your life, but you should think of the people you would leave behind and make sure that they will be taken care of when you are gone. The process is relatively stress free and will put your family at ease!
Posted in Life Insurance.
National insurance company Limited was incorporated in the year 1906. In 1972, NIC ltd. became a subsidiary of General Insurance Corporation of India (GIC). In the year 2002, after the general Insurance Amendment Act, NIC was de-linked from GIC. It has its registered office in Kolkata and is one of the leading public sector general insurance companies.
It is the second largest non life insurer in the country. There is a wide range of insurance plans offered by NIC, suiting everybody’s requirements. CRISIL, the credit rating agency gave NIC AAA rating. They are one of the oldest and pioneers when it comes to health insurance policies in India.
- Star National Swasthya Bima Policy- This policy reimburses all hospitalization expenses in event of illness or injury. The policy covers all the members of the family. It also offers cover for anesthetist, medical practitioner, surgeon or a specialist fees along with blood, OT, oxygen expenses.
- UCO Medi+ Care Bima policy- This policy is designed for UCO bank account holders. It provides coverage to the entire family of UCO bank account holder ranging from 3 months to 65 years. It reimburses hospitalization expenses.
- Baroda Health Policy- This plan is designed especially for Bank of Baroda bank account holders. It covers all the medical expense of hospitalization and provides cover to the entire family of the account holder.
- Critical Illness Insurance- Under this policy a lump sum amount is paid on the first diagnosis of any major illness. The sum insured is available from Rs. 5 lakh to 25 lakh and six illnesses are covered in this.
- Parivar policy- It is a family floater insurance policy which covers hospitalization expenses.
- BOI National Swasthya Bima- This health plan is designed for Bank of India account holders.
- Mediclaim Insurance- It offers cashless hospitalization at network hospitals and also covers out patient treatment.
- Varishtha- Mediclaim for senior citizens- It covers individuals from 60 to 80 years. The policy offers coverage for hospitalization and domiciliary treatment.
- Vidyarthi- Mediclaim for students-It offers cover to individuals from 3 months to 25 years. The plan provides accident and health cover.
- Mediclaim policy- A single policy covers all the family members. it reimburses hospitalization expenses in case of sudden illness or injury.
Benefits:
National Insurance Company caters to varied needs of customers. They have more than 180 policies spanning all sectors and have 14 million policyholders. Being a government service provider makes it extra special in terms of claims and handling the claims.
Third Party Administrator (TPA) services:
There are a number of TPAs of National Insurance Company like Family Health Plan, Medicare TPA services, Paramount Health Services Ltd., MD India Healthcare Services, E Meditek Solutions, Alankit Healthcare Ltd. and many others.
Posted in Health insurance review.
Bajaj Allianz is a joint venture between Allianz AG; Germany based world’s leading insurance company and Bajaj Auto, who is one of the biggest 2 and 3 wheeler manufacturers of the world. Bajaj Allianz, a leading private life insurance company, offers non life insurance products. It is one of the leading best health insurance company in India as far as the customer satisfaction goes, according to a recent survey conducted by a private player.
It offers wide range of plans for family and individuals to take care of their health needs. The various types of health insurance plans on offer are:
- Health Guard- This plan takes care of hospital expenditure as well as pre and post hospitalization expenses.
- Personal Guard- This plan takes care of all the unexpected events like accidents. it covers death, permanent disability, whether total or partial and temporary total disability.
- Hospital Cash- It provides cash allowance of Rs. 500 to Rs. 2500 daily for each day of hospitalization. Twice the amount of allowance is paid in case of ICU admission.
- Critical Illness- Critical illness cover ensures security from life threatening diseases like cancer, paralysis, kidney failure, multiple sclerosis etc.
- Silver Health- This policy is specially designed for senior citizens and covers medical expenses during hospitalization.
- E-opinion- This rider covers the cost of seeking a second opinion in case of serious illnesses.
- Star package- It is a family floater policy which covers many health risks, household contents, travel baggage, education grant under one single policy.
- Health Ensure- It takes care of medical expenses due to hospitalization
- Insta Insure- It offers complete protection to the family for hospitalization expenses and death cover for the insurer.
- Sankat Mochan- it provides protection fro m accidental injuries. Under this policy, death, permanent total or partial disability, temporary total disabilities are covered.
- Family Floater HG- Under single sum insured, it offers full protection to the insured and his family.
- Tax Gain- This policy covers OPD expenses and helps you to save tax.
- Extra Care- This unique top up plan allows one to extend his health insurance cover.
Benefits:
Bajaj Allianz offers very affordable health insurance plans which can suit anyone’s budget. With Bajaj Allianz Health, customers have access to over 2400 hospitals. It also offers tax benefits under section 80D. With so many options to choose, Bajaj Alliance Health Insurance can prove to be the ideal option to go over and find the ideal plan for oneself.
Third Party Administrators (TPA) services-
Bajaj Allianz do not use third party administrators or TPAs, instead the cashless facility is managed by the in-house Health Administration team or HAT.
Posted in Health insurance review.
