ICAI HEALTH INSURANCE SCHEME

The Committee for Capacity Building of CA Firms and
Small & Medium Practitioners (CCBCAF & SMP) of
ICAI has arranged the specialised Health Insurance
Scheme for Members of ICAI. The Committee has
signed afresh an MoU with New India Assurance Co.
Ltd., Mumbai for the same on 12th March, 2013 The
scheme has become effective from 12th March, 2013
for the Members of ICAI.
The highlights of the Health Insurance Scheme for
Members of ICAI are as follows:
• 5% discount in Premium to be paid to the Insurance
company, where the Member has not preferred any
claim in the expiring policy in case of renewal of
the policy.
• Sum Insured available in slabs of R5 lacs, 7 lacs
and 10 lacs.
• Floater Sum Insured for the entire family of Self,
Spouse and dependent children.
• No Health check-up. No entry age barrier.
• Dependant Parents covered under separate Floater
Sum Insured, equivalent to the Sum Insured of the
Member family.
• No Health check-up. No age limit.
• Premium discount in lieu of Cumulative Bonus.
• Hospital Cash Allowance @ 0.10% of Sum
Insured, for a maximum of 10 days.
• Wide Coverage for Pre-existing diseases.
• Competitive Premium Rates
The member can carry over credit for previous
continuous insurance. For a member with three years
of continuous coverage with any other insurer, pre
existing diseases are covered.
Pre existing disease coverage: under individual
policies, pre existing disease is covered only after
four years. Whereas, in CA super mediclaim,
coverage for pre existing disease commences from
first year, as per limits below:
Health Insurance Scheme
Health Insurance Scheme
For Members of ICAI
An Initiative of the Committee for Capacity Building
of CA Firms and Small & Medium Practitioners, ICAI
First Year of
Coverage
25% of the admissible
claim amount, subject to a
maximum of 25% of the sum
insured
Second Year of
Coverage
50% of the admissible
claim amount, subject to a
maximum of 50% of the sum
insured
Third Year of
Coverage
75% of the admissible
claim amount, subject to a
maximum of 75% of the sum
insured
Fourth Year of
Coverage
100% of the admissible claim
amount, subject to a maximum
of 100% of the sum insured
Members desirous to avail the benefits
of the aforesaid scheme may please visit:
http://icai.newindia.co.in & online solution
for the same.
For grievance or any other queries please contact
the New India Personnel Shri Satyanarayan Mohapatra,
Sr. Divisional Manager at satyanarayan.mohapatra@
newindia.co.in, Telephone: 022-24620311 or Dr.
Sambit Kumar Mishra, Secretary, CCBCAF&SMP,
ICAI at ccbcaf.query@icai.org, Telephone: 0120-
3045994.
CA. Naveen N.D. Gupta
Chairman
Committee for Capacity Building of CA Firms
and Small & Medium Practitioners (CCBCAF &
SMP), ICAI
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