New India Assurance is a private company of general insurance in India. The location of this company is in Mumbai, Maharashtra. In the year 1919, Sir Dorabji Tata founded this company. The nationalization of this company took place in the year 1973. The operation of this company is in both India and foreign countries. The company has collaboration with financial institutions and leading public sectors of banks for increasing its distribution network. The company has a total of 17,330.

The headquarter office of this company is in Mumbai, India.

No. of regional offices 31
no. of big corporate offices 447
no. of branches 578
No. of micro offices 1239
No. of direct agent branches 27
No. of large corporate offices 6
No. of centralized legal hubs 2

Types of Insurance of New India Assurance

Health Insurance:

Senior citizen mediclaim, new India mediclaim policy, Asha Kiran, family floater mediclaim, New India global mediclaim policy, universal health insurance, new India cancer guard policy, cancer mediclaim expn-individual, standard group mediclaim 2017

Motor Insurance:

Under motor insurance, there are different products like private car, 2- wheeler, standalone OD for motor PC, standalone CPA cover, standalone OD for motor TW

Travel Insurance:

There are 2 products under this category. These are overseas mediclaim (ES), overseas mediclaim (Bus & Hol)

Rural Insurance:

Duck insurance, cattle insurance, honeybee, animal-driven cart insurance, horticulture, elephant insurance, farmer’s package insurance, gobar gas insurance, group Janta insurance and, rural laghu bima hut

Miscellaneous Insurance:

Office protections, householder, personal accident, fire declaration, standalone tourism, marine cum erection insurance, machinery insurance, loss of profit insurance,

Marine Insurance:

Annual policy, tea crop insurance, duty insurance, open policy, open cover certificate, ALOP insurance, specific voyage, annual turnover policy, sellers interest insurance, sellers interest insurance

Awards and achievements of New India Assurance

It is present in 28 countries. It has built 100 years of trust.  Total net worth is Rs 35632.31 crores. Total assets crossed Rs 79265 crores. This company won OUTLOOK MONEY GOLD AWARD (2018-2019), BT-MT FINANCIAL AWARD for general insurance provider of the year, SKOTCH CHALLENGER AWARD for segment leadership, NIA AWARD FINTELECT (2017), NIA AWARD BFSI for best general insurance company and more.

Reviews of New India Assurance

New India Assurance
New India Assurance
New India Assurance

 Conclusion: New India Assurance is one of the best health insurance providers in India. Its other insurance products are also good. I hope this article has helped you. Comment in our comment box if you have any queries.


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