National Insurance Company Limited
New National Parivar Mediclaim Policy
PSU general insurer
UIN NICHLIP23033V012223We don't sell this — we'll still recommend if it fits
The dealbreaker fields
Max cover
₹50 lakh
Claim settlement (CSR)
96%
PED waiting
48 months
Specific disease wait
24 months
Mandatory co-pay
0%
Room rent prop. ded.
Yes
Pre / post hosp.
45 / 75 days
Network hospitals
6,000+
Free look
15 days
What this plan does well
- PSU general insurer — high ICR (~110%, generous payouts)
- FLOATER-only product — family-focused design
- Pre/Post 45/75 days (longer than New India Mediclaim's 30/60)
- HIV/AIDS Treatment covered in base (Section 3.1.13) — DISTINCTIVE inclusion
- Mental Illness Treatment in base (Section 3.1.14)
- Infertility covered in base (36-month wait) — DISTINCTIVE
- Morbid Obesity covered (4-yr wait)
- Refractive Error correction covered (2-yr wait, ≥7.5D)
Watch out for
- PED waiting 48 MONTHS — major dealbreaker vs industry 36
- Maternity waiting 36 months
- Cataract ₹40K cap (modest)
- Modern Treatments capped at 25% SI
- Room rent 1% SI/day cap (proportionate deduction likely)
- ICU 2% SI/day cap
- Network ~6K hospitals (smaller than private peers 13K+)
- TAT pre-auth 24 hrs (slow)
Is this the right plan for you?
Run the 30-second cover calculator. We'll tell you whether this plan, or a different one, is the better fit.
Find my right cover →We don't directly sell this plan today. If our verdict says this is your best fit, we'll point you to a broker who does — and tell you our paired listed alternative so you can decide.