New India Assurance to Boost Health Insurance Premiums by 10%

In a significant development for policyholders, New India Assurance has announced a 10% increase in premiums for nine of its health insurance products, effective from November 1, 2024. This adjustment reflects the company’s response to escalating loss ratios and the introduction of new guidelines by the Insurance Regulatory and Development Authority of India (IRDAI).

The following health insurance products will be subject to the premium increase:

Arogya Sanjivani

Jan Arogya Bima Policy

Janata Mediclaim Policy

Asha Kiran Policy

New India Premier Mediclaim Policy

Senior Citizen Mediclaim Policy

New India 60 Plus Mediclaim Policies

New India Top-Up Mediclaim Policy

Universal Health Insurance Scheme (APL)