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Showing posts from July, 2017

NEW MEDICLAIM POLICY 2017 IMPORTANT REVISIONS TO BE NOTED.

NEW INDIA ASSURANCE CO LTD From 1 st August 2017, M/s. The New India Assurance Co Ltd brings in revisions in their existing Mediclaim Policy 2012 which will be applicable to all the existing and new policy holders. Some of the important revisions are given below :- 1)    Coverage increased : - Now coverage available from Rs. 1 Lakh to Rs. 15 Lakh . Earlier coverage was up to Rs.8 lakh. 2)    Cataract expenses : - the liability for payment of any claim relating to cataract for each eye shall not exceed 20%, of sum insured subject to maximum of Rs.50000/- earlier was only Rs. 24000 per eye. 3)    TREATMENTS UNDER AYURVEDIC / HOMEOPATHIC / UNANI SYSTEMS Expenses incurred for Ayurvedic / Homeopathic / Unani Treatment are admissible up to 25% of the Sum Insured provided the treatment for Illness or Injury is taken in a government Hospital. 4)    HOSPITAL CASH : For those Insured Persons, whose Sum Insured is more than or equal to Rs....