New India Assurance Company is a Government Insurance Company of India. In 1919, the Sir Dorabji Tata founded it. In 1973, it became a National Insurance Company. It is the India’s largest General Insurance Company now. According to Gross Premium Collections, New India Assurance is number one. It offers a large no of Products to its customers. New India Assurance Travel Insurance is one of the products among them. It is especially for the people those who travel to the abroad for studies, business, and Tours. Also, for any other Condition. It protects you from the unexpected Situation. They may include the medical emergency, Shortage of cash and any loss while you are on a trip. Therefore, check the details about the Travel Insurance in New India Assurance Company.
New India Assurance Travel Insurance Review
Travel Insurance is just to Safeguard you and your Family. We don’t know what happens in the next moment of our Life. So, when we go on a vacation, we hope everything works well. But, in some cases they condition may go wrong. The Conditions include health problems, Loss of Baggage, Shortage of Money, etc. If a Person travelling with the Travel Insurance goes into this situations, the insurance company assures them. New India Assurance Act courteously, fairly and reasonably in all our dealings with the customers.
New India Assurance Act fairly and reasonably in all our dealings with the customers. They make sure that all your policy documents and claim procedures are clear and complete. The company continue to develop a dedicated, sensitised and professional workforce for efficient execution of roles assigned to them. Also, they have a regular monitoring and consultative process with all their service providers. They set up a control mechanism for delivery of promised services to their customers. Therefore, by preferring this company, we can get the best services.
Types of New India Travel Insurance
There are three Plans in New India Assurance Travel insurance. The three policies are available here. Therefore, verify each and every Plan’s complete details. The plans are:
- Overseas Mediclaim Plans.
- Suhana Safar Policy.
- Baggage Insurance.
So, we have explicitly mentioned the details of all the above Plans here. Check them and know the importance of Travel Insurance.
New India Assurance Travel Insurance Overseas Mediclaim
New India Overseas mediclaim policy is especially for the travellers who frequently Travel abroad. The main among them is the premiums payment is in local currency while Claim is in foreign currency.
New India Overseas Mediclaim policy covers the medical expenses of the Appointee. When they visit other Countries other than India, they provide insurance for Injuries, illness due to the Travelling. Also, it covers some additional benefits. The extra benefits involve loss of baggage, personal accident, loss of passport and many other. These Losses Solve if we pay extra premiums. Hence, according to the requirement of the Customers, the plan Splits into two. They are as follows.
1. Overseas Mediclaim policy for Business and Holiday:
The OMC for business and holiday is useful for the people travelling to abroad. When we are on a trip with our family, we may face some risks. It involves loss of baggage, loss of passport, medical expenses, etc. Therefore, while going to a Business Trip or Holiday take New India Overseas Mediclaim. Hence, check the Plan Details below.
| PLAN | COVERAGE / SUM INURED IN US$ | ||||||
|---|---|---|---|---|---|---|---|
| Medical/Repatriation Expenses | P.A. | Loss of Checked in Baggage | Delay of Checked in Baggage | Loss of Passport | Personal Liability | Deductible | |
| A-1 (excluding USA/Canada) | 50,000 | 10,000 | 1,000 | 100 | 150 | 200,000 | 100 |
| A-2(excluding USA/Canada) | 2,50,000 | 25,000 | 1,000 | 100 | 250 | 200,000 | 100 |
| B-1 ( including USA/Canada) | 1,00,000 | 25,000 | 1,000 | 100 | 150 | 200,000 | 100 |
| B-2 (including USA/Canada) | 5,00,000 | 25,000 | 1,000 | 100 | 250 | 200,000 | 100 |
| E-1 CFT ( including USA/Canada) | 100,000 | 25,000 | 1,000 | 100 | 150 | 200,000 | 100 |
| E-2 CFT (including USA/Canada) | 5,00,000 | 25,000 | 1,000 | 100 | 250 | 200,000 | 100 |
2. Overseas Mediclaim Policy for Employment and Studies:
New India Assurance Travel Insurance Overseas Mediclaim for employment and studies is valid only for Citizens of the Republic India. The Citizens who are temporarily residing in the Country of Posting gets the benefits of this plan. The students who are willing to complete their higher education in abroad also gets them. Therefore check the Plan Details below.
| PLAN | COVERAGE / SUM INURED IN US DOLLARS | |||
|---|---|---|---|---|
| Medical | Repatriation of remains | Reunion Expenses | Deductible | |
| C (excluding USA/Canada) | *150000 | 10,000 | 5,000 | 100 |
| D (including USA/Canada) | *150000 | 10,000 | 5,000 | 100 |
| D-1 ( including USA/Canada) | *500000 | 10,000 | 5,000 | 100 |
Eligibility Criteria:
Age Limit: 6 months and above upto 70 years.
The policy gives priority to departure from India.
Medical Reports are necessary for:
- 60 days Period and if
- A Policyholder has over 60 years of age visiting United States of America/Canada.
- A Policyholder has over 70 yrs of age and visiting countries other than USA/Canada.
- Proposal reveals that insured had suffered from/suffering from any illness/disease.
Inclusions of New India Assurance Travel Insurance:
The Inclusions of New India Overseas mediclaim is available here. Therefore, check them while preferring this Policy.
- Premium payable in Rupees. In Abroad, the Claim settlement is in foreign Currency.
- Policy available for frequent corporate travellers.
Exclusions of New India Assurance Travel Insurance:
The Exclusions of New India Overseas mediclaim is available here. Therefore, check them while preferring this Policy.
- It doesn’t include all pre-existing disease or illnesses, not both known and unknown.
- Travelling for Medical Treatment or Medical advice, Routine check up.
- First USD 100 of all claims are to be borne by the traveller.
2. New India Assurance Travel Insurance Suhana Safar
Suhana Safar policy is especially for the domestic tourists. It helps the Customers travelling in rail, air, road, water including an own vehicle. Therefore, most of the customers prefer this Plan. Its policy Tenure is for a short duration. The Travel Insurance period for this Plan is 60 days within India. It mainly covers the risks like a personal accident, any loss (or) damage to the baggage. It includes the Policyholder’s family of spouse and dependent children. Suhana Safar Policy aims to keep an eye on the domestic travel market. Therefore, this Plan is preferred in India. Once, check the complete information below.
Features of Suhana Safar:
- The Key Feature of Suhana Safar policy is it covers the risk of the Personal accident.
- It includes the risk of baggage Loss so that they can get the compensation.
Benefits of Suhana Safar:
Personal Accident:
If the case of Policyholder met with an accident with bodily injury resulting in death. Then they will get the benefits as per the percentage of a cover of Rs.1 Lakh.
Inclusions:
The Inclusions of New India Suhana Safar is available here. Therefore, check them while preferring this Policy.
- It is basically for keeping an eye on the domestic travel market.
- The domestic traveller can have this policy for a short duration or travel upto a period of 60 days within India.
- The policy covers any mode of transport i.e. by Rail/Raod/Air/Water including an own vehicle.
Exclusions:
The Exclusions of New India Suhana Safar is available here. Therefore, check them while preferring this Policy.
- Policyholders should inform about any item of the baggage which costing more than Rs.500/-.
- Intimation of an accident should is necessary.
- Cancellation of Plan is available if the trip cancels off before two days of the departure.
3. New India Assurance Travel Insurance Baggage Insurance
This insurance policy provides cover against loss of or damage to the personal baggage. The Policyholder or their family member(s) due to fire, theft or accident during journey including stoppages Enroute anywhere in India Except as detailed.
It does not cover the following
- Loss or damage for many reasons.
- Money, manuscript, securities, deeds, bonds, bills of exchange, promissory note, share certificates or stock, stamps, business books and documents.
- Articles while being worn or in actual use at the time of such loss or destruction or damage.
- Loss or damage caused by terrorism and sabotage risks.
Inclusions:
The Inclusions of New India Suhana Safar is available here. Therefore, while preferring this Policy check the details carefully.
- Loss or damage due to fire, theft or accident during the journey in India.
Exclusions:
The Exclusions of New India Suhana Safar is available here. Therefore, check them while preferring this Policy.
- Loss or damage arising from civil commotion, war, depreciation.
- Damage to watches and clocks at the time of Travelling.
- The Damage caused by electrical breakdown or mechanical derangement.
- Breakage of china clay, glass articles.
- Theft from vehicles.
- Confiscation or Detention by customs or other authorities.
- Articles while worn or in actual use at the time of such loss or damage.
Note:
- We should specify each Gold jewellery, ornaments for the valuation certification cost more than Rs.5000/-
- The total value of jewellery, ornaments, etc. is more than 50% of the total value at risk. In this case, There must be additional premium Payment according to some items.
- The policy extends to cover riot & strike risks by charging an additional premium.
New India Assurance Travel Insurance Renewal Process
The Customer of New India Assurance company those who want to renew the existing policy through online, check these details. No need for any risk now. The New India Assurance Company Ltd offers Online Renewal Facility now. So, all can renew their expiring policy through online using the official website at login.newindia.co.in. Therefore, check the Process below.
- First of all, To renew the existing policy using New India Assurance online renewal facility, so register the policy in the NIA Online Portal.
- After completion, Click on your policy link and fill the details and link your policy.
- Now, click on My Policy Home and find your policy renewal Status.
- If your policy is due for renewal, then the renewal link is in enabling form.
- Click on Renew Policy; you will see the premium and pay the premium through Online options.
- If you receive quote number of renewal, then you can renew the policy through Quick renewal. This functionality is available on the home page of NIA website.
Therefore, check the New India Travel Insurance Policy Renewal Process here.
New India Assurance Travel Insurance Premium Calculator
Premium Calculator is to calculate Premium amount for yearly, half-yearly, quarterly and monthly of any Home policy. This New New India Assurance calculator is useful to estimate the benefits of New India Travel Insurance Plans. The Calculator provision helps policyholder to calculate the premium and amount payment to the insured after maturity. New India Premium Calculator is useful for the insured to calculate their Maturity amount and premium amount. Therefore, check the details of the Premium below.
To make your Journey safe and secure, New India Assurance Insurance offers a broad range of solutions. If you are in search of a plan that helps you when you go for a trip. New India Assurance Travel Insurance has come up with different insurance plans to assist you in all stages. Once check the details below.
- Enter Name.
- Date of Birth.
- Mobile number and email.
- Policy term.
- Sum Assured.
New India Assurance Travel Insurance Plan Buying Procedure
The New India Travel Insurance purchasing procedure is available here. Before buying the New India Travel Insurance, read the Plan details carefully. The Appointee can buy the Travel Insurance Plan in two ways either offline or online. For offline Process, Visit the nearest New India Assurance Company Branch Office. For Online Process, refer the New India Official Website. Hence, get the documents necessary for buying a Plan.
- Recent Photograph and Proposal Form.
- Policyholder’s age proof.
- Policyholder’s Address Proof.
New India Assurance Travel Insurance Plan Buying Procedure
- Decide the amount of premium we insured wish to invest. And also Decide on the Sum Assured amount.
- Advisor will aid you to fill in the application form.
- A cheque will be drawn in a favour to the Company.
- A verification call from New India Insurance centre will make once you apply for the policy.
New India Assurance Travel Insurance Plans Claim Procedure
The Policyholder can claim the Insurance plan offered by New India Assurance. It happens after the completion of the policy period. In the case of any bad situation, they can claim the amount. The insured need to submit the documents to nearest Assisting Centers of NIA. They can claim after they get injured or Loss of Baggage. Once New India Assurance Company approves the claim, the benefit amount payable under the policy gets transferred to the Policyholder’s account through NEFT Banking. Therefore, Let us have a glance at the documents required. So, to Claim our Travel insurance, we have to carry the following documents.
- Original policy Bond / Document.
- Discharge form.
- NEFT Payout Form.
- Cancel check or Bank Passbook xerox.
- Proof of Accident and Disability.
Therefore, Submit the necessary documents without missing any of the above documents.
Therefore, for any further details, visit the official site www.newindia.co.in. So, the complete information is available on the site.