Medical cover for the super rich: New India Assurance's Rs 1-cr policy

NIA's premium policy covers treatments that were hitherto not covered under other mediclaim policies

Are you rich? Need medical insurance? State-owned New India Assurance (NIA) might have the cover you want. NIA has launched a premium Rs 1 crore mediclaim policy for the super rich, reported the Times of India on Friday. 

NIA, which is the largest non-life insurer in the country and also the largest health insurance provider, is the first public sector company to provide such a cover. 

Here are some of the things you should know about the plan

1) The mediclaim policy would involve a sum insured of Rs 15 lakh, going up to Rs 1 crore.