COCOCure Health Insurance vs New India Assurance Health Insurance

When someone you love suffers from a health problem, you do all it takes to help them get better. You might make their food, support them with money, or pray to God to help them recover. Then why not go all the way and get health insurance to get them through? After all, it is vital to be practical in life, and health insurance is the most cost-efficient way to achieve that. Being an insurance tool, it covers an individual against various unforeseen health risks, accidents, and injuries in exchange for periodic and affordable payments for up to 3 years. Do you want to see how it works? Refer to this COCOCure Health Insurance and New India Assurance Health Insurance comparison guide. 

COCOCure Health Insurance vs New India Assurance Health Insurance – Overview 

ParameterCOCOCure Health InsuranceNew India Assurance Health Insurance
No. of health insurance policies810+
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer helpPolicy salePolicy renewalClaim settlement Branch locatorOnline consultation24x7 customer help
Branches171000+
Claim settlement ratio (CSR)97%95.92%
Cashless claim settlement time 24-48 hoursUnspecified
Hospital network5,000+1,500+

*Source: Insurance Regulatory and Development Authority of India’s (IRDAI) Annual Report – years 2019-20.

Health Insurance Policies: COCOCure Health Insurance vs New India Assurance Health Insurance

If you take a look at the credentials of COCOCure Health Insurance and New India Assurance Health Insurance, you will notice how similar they are. For instance, the number of health insurance policies offered and the claim settlement ratio is very close. These indicate that whether you opt for either of the two insurers, your experience as a customer will almost be the same. Still, with the help of this guide, you will be able to make a sound choice. 

Group Health Insurance: 

COCOCure Health Insurance’s Group Health Insurance Policy offers: 

  • Sums insured (SI) up to Rs. 1,00,00,000
  • Coverage for: 
  • Pre and post-hospital care 
  • In-patient hospital care
  • Domiciliary (home) hospital care 
  • Mental illnesses and their treatment 
  • Daycare procedures/treatments 
  • Organ donor transplantation expenses
  • External congenital disorders 
  • Critical illnesses 
  • Non-allopathic (AYUSH) treatments including: 
  1. Ayurveda
  2. Unani
  3. Siddha 
  4. Homeopathy
  • Maternity and newborn baby needs 
  • Vaccination needed due to an animal bite 
  • Out-patient dental treatment 
  • External aids and appliances 
  • Counselling sessions
  • Emergency ambulance charges
  • Second medical opinion

New India Assurance’s Group Health Policy offers: 

  • Reimbursement of pre, post and in-patient hospital care expenses
  • Coverage for: 
  • Nursing care expenses 
  • Domiciliary (home) hospital care 
  • Cataract treatment 
  • AYUSH treatments 
  • Daycare procedures/treatments 
  • Organ donor transplantation expenses
  • Ambulance charges 

Family Floater Policy: 

COCOCure Health Insurance’s Family Floater Policy gives: 

  • SI up to Rs. 1,00,00,000
  • Coverage for:
  • Pre and post-hospital care 
  • In-patient hospital care  
  • Domiciliary hospitalization
  • AYUSH treatments 
  • Mental illnesses and their treatment 
  • Daycare procedures/treatments
  • Organ donor transplantation expenses 
  • Advanced/modern treatments 
  • Maternity and newborn baby needs
  • HIV/AIDS treatment 
  • 10 critical ailments
  • 6 vector-borne diseases 
  • Bariatric surgery for weight-control 
  • 5 counselling sessions 
  • Road and air ambulance charges 

New India Assurance offers 3 family floater policies: 

  • Floater Mediclaim
  • Flexi Floater Mediclaim 
  • Premier Mediclaim  

These policies give: 

  • SI up to Rs. 1,00,00,000
  • Coverage for: 
  • Pre and post-hospital care
  • In-patient hospital care
  • Domiciliary hospital care 
  • AYUSH treatments
  • 100+ daycare procedures/treatments
  • Organ donor transplantation expenses 
  • Maternity care and newborn baby expenses
  • Psychiatric disorders
  • Cataract treatment 
  • HIV/AIDS treatment
  • 11 critical ailments 
  • Ambulance charges 

Arogya Sanjeevani Policy: 

All insurance companies in India, including COCOCure Health Insurance and New India Assurance Health Insurance, offer the Arogya Sanjeevani Policy. It is a standard health insurance policy and offers the same benefits across insurers. These include: 

  • SI up to Rs. 5,00,000
  • Coverage for:
  • Pre, post and in-patient hospital care 
  • AYUSH treatments 
  • Advanced/modern treatments 
  • Ambulance charges
  • Up to 50% of the SI towards daycare procedures 
  • Up to 25% of the SI towards cataract treatment 

Related Posts: