The best way is to contact different insurance agents, as there are lots of companies these days and take the opinion of all of them and decide which one is best for you. To start with read through these articles which help you decide on the company that has the policy to suit your needs.

New India Insurance may be the best for you.

Read through the mediclaim policy 2007 of “The New India Insurance Company” published in Medindia.net.

New Delhi-based public sector general insurer Oriental Insurance has introduced a new set of mediclaim policies that is targeted at the youth.

Oriental has reworked its policies with an aim to reduce losses from this segment. The mediclaim portfolio, in absolute terms, was about Rs 450 crore in ‘04-05. The policies will be priced differently which the younger population will be motivated to buy, while individuals, above 40 years, will be required to pay higher premium vis-à-vis the present tariff structure.

At present, Oriental has two mediclaim polices in its portfolio - one for individuals and the other for groups. The policy papers will also have more clarity in terms of coverage and definitions of different aspects of the policies. The new products will do away with any ambiguity in literature that the existing policies have.

Although not propelled by any Insurance Regulatory Development Authority (IRDA) directives, the move is in line with the regulator’s move of increasing readability of insurance policy papers for the layman.

The company is expecting a total premium collection of Rs 3,500 crore in ‘05-06 against Rs 3,038 crore in the previous year. The company has already collected about Rs 2,800 crore till December 2007.