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New India Assurance Company vs Tata AIG General Insurance

On CSR alone: New India Assurance leads with a higher claim settlement ratio in FY 2023-24. But CSR is one data point — also compare plans, premiums, and network before deciding.
MetricNew India AssuranceTata AIG
CSR 2023-2491.10%89.42%
Founded19192001
HQMumbaiMumbai
Typegeneralgeneral

New India Assurance — Strengths

  • +Oldest and largest public sector general insurer — government-backed
  • +Mediclaim policy — one of India's most widely held health plans
  • +Accepted at virtually all government and major private hospitals
  • +Lower premiums compared to private sector equivalents
  • +Floater policies available for families at competitive rates

Tata AIG — Strengths

  • +Tata Group brand trust — among India's most respected conglomerates
  • +MediCare Premier plan: no room rent sub-limit, no co-pay
  • +Annual health check-up covered from policy year one
  • +Strong motor insurance track record — 3,000+ network garages
  • +Cashless claim approval within 30 minutes at network hospitals
Full New India Assurance review →Full Tata AIG review →