The New India Assurance Company Limited Mediclaim Premium

Hello sir, I am Ajay. I want you to help me by giving me some information about the premium for family floater Medi claim policy of the New India Assurance Company Limited. Can you help me?

As you have asked about the premium for family floater Medi claim policy of the New India Assurance Company Limited, I am giving you information about it, check below for the details

Premium:
Premium is as per Individual Mediclaim Policy (2007).
The basic premium will be as per highest age of the family member.
Apply 50% loading for covering spouse, and 25% loading for covering each and every additional dependent child.

Premium is based on age of the proposer and geographical area of treatment.
The following 3 zones have been made for rating:
ZONE-I (MUMBAI),
ZONE-II (DELHI & BANGALORE) AND
ZONE-III (REST OF INDIA).
Premium will be charged depending on the Zone in which the insured undertakes to seek hospitalization.

The Family Floater Mediclaim Policy can be issued to the persons up to 60 years of age covering the following family members:

Self
Spouse
Dependent children ? Maximum two

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Answered By StudyChaCha Member