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New India Criti Protect Policy – 41 CI Plan is a standalone critical illness benefit policy from The New India Assurance Company Limited. It is designed to provide a lump-sum financial benefit when the insured person is diagnosed with a covered critical illness for the first time during the policy period. The available sum insured ranges from ₹5 lakh to ₹50 lakh in multiples of ₹5 lakh. Policy terms can be selected for one, two or three years. Eligibility, underwriting, definitions, exclusions and claim conditions are governed by the insurer’s current policy wording.
100% of selected sum insured for the first covered critical illness, subject to policy terms and the 90-day waiting period
The 41 CI option includes all 41 critical illness conditions listed for this variant in the insurer’s policy clause. A covered first-incidence diagnosis can trigger a lump-sum payment up to the selected sum insured, subject to policy terms. The initial 90-day waiting period and strict medical definitions are important: a condition with a similar everyday name is not automatically a covered claim unless it meets the policy definition. The policy states a nil-day survival period, but diagnosis must be confirmed while the insured person is alive. The cover terminates after an accepted and paid critical illness claim. Applicants should review pre-existing condition exclusions, underwriting requirements and the current premium chart before purchase.
New India Assurance
Key Insights
Founded
1919
New India Assurance was established 107 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
92.3% CSR, calculated as a 3-year average
New India Assurance settles 92.3% of all claims it receives.
Contact Details
1800 209 1415
Headquarters: The New India Assurance Co. Ltd., 87, Mahatma Gandhi Road, Kala Ghoda, Fort, Mumbai, Maharashtra – 400001
The 41 CI variant includes the full list of critical illnesses shown for this variant in the insurer’s policy clause.
Each condition is subject to its specific policy definition.
The policy provides a lump-sum benefit as specified in the policy schedule when the first covered critical illness is diagnosed during the policy period.
Benefit is subject to policy terms and the selected sum insured.
Choose a sum insured from ₹5 lakh to ₹50 lakh in multiples of ₹5 lakh, subject to eligibility and underwriting.
Non-gainfully employed proposers have a stated maximum of ₹15 lakh.
Policy tenure options include one year, two years or three years.
Renewal is subject to the insurer’s applicable terms and timelines.
A 90-day initial waiting period applies to critical illness conditions.
The policy wording describes an exception at renewal to the extent of the previous sum insured.
90 days from inception of the first policy for covered critical illness conditions. The policy wording provides a renewal exception to the extent of the previous sum insured. Nil-day survival period applies; diagnosis must be confirmed while the insured person is alive.
Initial critical illness waiting period
No payment is made for a covered critical illness diagnosed within the first 90 days of the inception of the first policy. The wording provides a renewal exception to the extent of the previous sum insured.
Survival period
A nil-day survival period applies. Diagnosis must be confirmed while the insured person is alive.
Conditions or treatments that the policy clearly says it will not cover.
The 41 CI variant lists 41 specified critical illnesses, including cancer of specified severity, kidney failure requiring regular dialysis, major organ or bone marrow transplant, heart procedures, stroke with permanent symptoms and additional neurological, respiratory, autoimmune and other serious conditions. Every condition is subject to its specific definition and the policy wording.
Insurer
New India Assurance plans and claim process
It is a standalone critical illness benefit policy covering the 41 specified conditions listed for this variant, subject to the policy definitions, terms and exclusions.
The official product page lists sum insured options from ₹5 lakh to ₹50 lakh in multiples of ₹5 lakh, subject to eligibility and underwriting.
The policy provides a lump-sum benefit as specified in the policy schedule for the first covered critical illness diagnosed during the policy period, subject to the terms and selected sum insured.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official New India Assurance website before purchasing.
Official Website
newindia.co.in
Visit the official New India Assurance website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
A 90-day initial waiting period applies from inception of the first policy. The policy wording provides a renewal exception to the extent of the previous sum insured.
The policy clause specifies a nil-day survival period, but the diagnosis must be confirmed while the insured person is alive.
The official product page lists an entry age of 18 to 65 years. Acceptance remains subject to the insurer’s terms and underwriting.
The official product page lists one-year, two-year and three-year policy tenures.
No. The critical illness benefit applies to the conditions listed in the policy and only when their specific medical definitions are satisfied.
The policy wording states that cover terminates after an accepted and paid claim for a covered critical illness.
Premium depends on age band, selected sum insured and policy tenure. Refer to the current official New India Assurance premium chart for the applicable rate and payable premium.