InsuranceScope

Insurer

The New India Assurance Company

Founded 1919

The New India Assurance Company, founded in 1919 by Sir Dorabji Tata, is India's largest general insurer and the only one with a substantial international presence spanning more than 25 countries. A public-sector company, it is widely regarded for its financial strength and long institutional history.

The New India Assurance Company claims snapshot

Incurred Claim Ratio

101.32%

Claims paid vs premium collected.

Claims Settled

94.98%

Approved by number of claims.

Settled < 30 Days

71.28%

How quickly claims are paid.

Complaints

0.05%

On overall claims — lower is better.

Plans from The New India Assurance Company

  1. The New India Assurance Company

    New India Yuva Bharat (Base)

    3.7 /5
    • No co-pay
    • Restoration
    • Consumables
    Read review →
  2. The New India Assurance Company

    New India Yuva Bharat (Gold)

    3.7 /5
    • No co-pay
    • Restoration
    • Consumables
    Read review →
  3. The New India Assurance Company

    New India Yuva Bharat (Platinum)

    3.7 /5
    • No co-pay
    • Restoration
    • Consumables
    Read review →
  4. The New India Assurance Company

    New India Floater Mediclaim

    3.4 /5
    • Restoration
    • Consumables
    Read review →

Comparing The New India Assurance Company plans

Once you have a shortlist, put two The New India Assurance Company plans side by side to see exactly where one leads, answer a few questions in Find My Plan for a ranked match, or run any policy through the buying checklist. Ratings above weigh coverage breadth against The New India Assurance Company's claims record — always confirm the fine print with the insurer before buying.

Frequently asked questions

How many The New India Assurance Company health insurance plans are there?

We track 4 The New India Assurance Company health insurance plans, each reviewed on coverage and the insurer's claims record.

What is The New India Assurance Company's claim settlement ratio?

The New India Assurance Company reports a claim settlement ratio of 94.98% by number of claims, with a rejection ratio of 1.56%.

Which The New India Assurance Company plan scores highest?

New India Yuva Bharat (Base) is the highest-scoring The New India Assurance Company plan in our data at 3.7/5, based on coverage breadth and claims record.

Does The New India Assurance Company offer cashless hospitals?

The New India Assurance Company reports 20,800+ cashless network hospitals where bills can be settled directly.