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New India raises mediclaim premium by up to 20%

New India raises mediclaim premium by up to 20%

Wednesday, April 19, 2017, 10:35 AM

New India Insurance, the country's leading health insurer, has decided to raise premium on its mediclaim policy by up to 20%, but almost doubled the maximum sum assured to Rs 15 lakh to attract new customers. The hike in premium is expected to lead to better underwriting experience. This revision has happened for the first time since the product was launched in 2012.
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