Overview
The New India Assurance Yuva Bharat Health Policy Gold plan is designed for individuals and families seeking basic to moderate coverage. It provides sum insured options ranging from ₹5 lakhs to ₹1 crore, with coverage for essential medical expenses such as inpatient care, pre-hospitalization expenses up to 60 days, and post-hospitalization expenses up to 90 days. It also includes additional benefits like AYUSH treatment (up to 100% of the sum insured), newborn baby coverage, medical second opinion, and road ambulance services. However, do note that all of these have sub-limits, depending on the cover amount.
Experts Review
Written by Ishita Jain
Editor
The New India Assurance Yuva Bharat Health Policy Gold plan offers basic health insurance coverage with some additional features, but it falls short of being a well-rounded option. While it includes essential benefits like pre- and post-hospitalization expenses, AYUSH treatments, and newborn baby coverage, the plan’s limitations overshadow its advantages.
The inclusion of critical illness benefits, personal accident cover, air ambulance services, and an auto top-up feature are positive aspects that enhance financial security during emergencies. Additionally, the policy’s short waiting period of 24 months for pre-existing diseases is beneficial for individuals with chronic conditions.
That said, the drawbacks of the plan are significant. Room rent restrictions limit flexibility during hospitalization; the restoration of the sum insured is available only once per year for different ailments, which may not suffice for multiple claims. The No-Claim Bonus is modest, ranging from 25% to 100%, offering little incentive for claim-free years.
Furthermore, coverage for modern treatments and genetic disorders is partial, making the plan less appealing for those requiring advanced medical care. These limitations reduce its competitiveness compared to other health insurance plans in the market.
Pros
Insurer has a solid track record with great claim and service metrics.
Offers Extended Coverage, which makes this policy stand out.
Cons
Not very feature-rich.
No coverage if you are forced to hospitalize at home, which is a notable gap.
Maternity benefits not offered, which could be a drawback for some.
Doctor consultations are not covered, which is a key feature.
New India Assurance
Key Insights
Founded
1919
New India Assurance was established 106 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99% claims settled in 30 Days
New India Assurance settles 99% of all claims it receives demonstrating strong credibility.
Network Hospitals
3,700+
New India Assurance has a limited network of 3,700 hospitals, which may restrict access to cashless services for policyholders.
Complaints
5 complaints per 10,000 claims registered
New India Assurance maintains a low volume of complaints, reflecting strong customer satisfaction and effective service.
Features
All
Great
Good
Bad
Extended Coverage
STANDOUT
Provides an extended scope of coverage up to specified amounts in terms of Critical Care, Personal accident cover, ambulance, and Auto Top-up benefit (up to 10% of base sum insured).
Co-payment
The insurer will bear the entire cost of treatment (up to the sum insured). You won’t have to pay a single penny. Meaning this policy has no co-payment.
Room Rent
You can share a room or you could have a single room for yourself. But if you are looking for anything slightly fancy, be ready to foot a part of the bill.
Disease sub-limit
Your insurance cover won’t be fully available in case you are treated for Genetic disorders, modern treatments and a few other diseases. Meaning the insurance company has a cap on the total amount they’ll pay out if you are treated for these specific illnesses.
Pre existing diseases waiting
If you’re already dealing with diabetes, cardiovascular problems or any such illnesses, the insurer will cover all costs arising out of these pre-existing problems after just 2 years. It’s probably the best deal you can get to be honest.
Permanent Exclusions
Conditions or treatments that the policy clearly says it will not cover.
Convalescence and General debility.
Expenses incurred for Rotational Field Quantum Magnetic Resonance (RFQMR),
External Counter Pulsation (ECP), Enhanced External Counter Pulsation (EECP),
Hyperbaric Oxygen Therapy.
Expenses related to any admission primarily for diagnostics and evaluation purposes are excluded.
Disclaimer: For illustration purposes only - exact terms are in the policy wording.
Specific Illness
The following illnesses are not covered under the policy .
1-Year Waiting Period:
Any types of gastric or duodenal ulcers
Tonsillectomy, Adenoidectomy, Mastoidectomy, Tympanoplasty
Surgery on all internal or external tumors, cysts, nodules, polyps (including breast lumps)
All types of Hernia and Hydrocele
Waiting Period
30 days Initial waiting period
2 years Pre-existing disease waiting period
Ditto's Take
◦ Excellent ◦
Waiting periods on this policy are excellent. There is no specific illness waiting period which is a plus and the PED waiting period is better than usual.
What's missing in the policy
No coverage if you are forced to hospitalize at home.
Maternity benefits not offered.
Doctor consultations are not covered.
Customer Reviews
G
Ganesh P.
Critical illness benefit and personal accident cover are good additions for financial security.
H
Heena Q.
Air ambulance service and auto top-up feature enhance emergency coverage.
I
Ishita R.
Newborn baby coverage is included, which is helpful for young families.
P
Poonam Y.
Partial coverage for modern treatments and genetic disorders is a big limitation.
N
Naveen W.
Room rent restrictions are still there, even in the Gold plan. Disappointing.
L
Lokesh U.
Medical second opinion feature is useful for critical diagnoses.
Still confused?
Talk to our expert
advisor for
instant clarity
Frequently Asked Questions
Does Yuva Bharat Health Gold have waiting periods?
- 30-Day Waiting Period: Hospitalizations won’t be covered for the first 30 days of the policy unless it’s an accident.
- Specific Illness Waiting Period: There’s a 1 to 2-year waiting period for a list of diseases which is a mandate before you can start claiming.
- Pre-Existing Disease Waiting Period: There's a 2-year waiting period for any pre-existing disease you may have while buying the policy.
- 90-Day Waiting Period: There's a 90-day waiting period for conditions arising out of Hypertension, Diabetes & Cardiac conditions unless declared as a PED.
Does Yuva Bharat Health Gold have room rent restrictions?
Does Yuva Bharat Health Gold offer a restoration benefit?
TALK TO OUR ADVISORS
Get real help from advisors who listen, guide and go the extra mile for you.