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Last updated on: August 7, 2025
When comparing the New India Assurance Floater Mediclaim Policy and Raheja QBE Health Qube Comprehensive Policy, key differences emerge in coverage scope and additional benefits. New India’s Floater Mediclaim offers family floater coverage, broad hospital network, cashless treatment, and basic features like pre/post-hospitalization and ambulance cover, with a reputation for wide reach and reliable claim settlement. In contrast, Raheja QBE Health Qube provides customizable sum insured options, enhanced features like maternity and alternative treatments, no-claim bonus, and wellness benefits, targeting those seeking tailored, comprehensive coverage. While New India is ideal for families valuing established service and standard protection, Raheja QBE suits individuals or families desiring more flexibility and broader benefits. Choice depends on coverage needs, family size, and preference for either standardization (New India) or customization (Raheja QBE Health Qube).
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Selecting the best health insurance is critical to the Indian families intending to find financial security in 2025. The New India Assurance Floater Mediclaim Policy and the Raheja QBE Health Qube Comprehensive Policy are two products that are distinguished with the unique features, family coverage and the increasing popularity in online insurance marketplaces. Here is how they differ in their advantages, exclusions, premiums, claim procedures, and real-world considerations–to guide you in making an informed choice to meet Indian healthcare needs in the new year.
The two policies are end-to-end in nature and focus on covering the hospitalisation and healthcare costs of Indian families- but the policies differ markedly in their features, sum insured options as well as addition of value propositions in 2025.
It is a family floater health plan in which one sum of money insured is extended to all the members. It is old, proven and has been upgraded frequently providing comprehensive protection on hundreds of network hospitals in India.
Key Highlights:
Health Qube Comprehensive is also designed as a flexible and customized plan, with modular supplements in 2025 available, which puts more power in the hands of the policyholder.
Key Highlights:
Did you know?
Experts in the industry report that higher coverage limits are being demanded since there is a rise in healthcare expenses and the forecasts of inflation are expected to rise in 2025.
| F/P | New India Assurance Floater Mediclaim | Raheja QBE Health Qube Comprehensive |
|---|---|---|
| Minimum Age of proposer | 18 years old, children 3 months old, adults 90 days old | 18 years old, children 3 months old, adults 90 days old |
| Sum Insured (2025) | 2 lakh to 15 lakh rupee | 1 lakh to 50 lakh rupee |
| No Claim Bonus | 5 percent annual increment based on a claim-free year | 50 percent accumulated bonus |
| Room Rent Limit | Single private AC room, or no limit (depending on plan) | up to 1 percent SI or as provided in variant |
| Daycare Procedures | 160+ listed procedures | 530+ listed procedures with add-ons |
| Maternity and Newborn Cover | Separate add-on | Included in select variants |
| OPD and Wellness | Not available | Available on best plans |
| Restoration of SI | Not automatic, can be added optionally | Automatic in most plans, to 100 percent |
| AYUSH Treatment | Covered in sum insured | Optional, to sum insured |
Advantages of New India Assurance Floater Mediclaim:
Advantages of Raheja QBE Health Qube Comprehensive:
Cons of Each Policy:
Expert Insight:
The traditional floater offers manageable premiums to families with aging parents and more dependents, whereas younger urban couples contemplating future maternity or OPD costs should consider modular covers offered by Health Qube, says insurance advisory consultant, Dr S K Mathur, in Mumbai.
This floater mediclaim might be affordable when you have a typical Indian family set up including two adults, dependent children and aging parents. The premium is kept at bay since the sum insured is divided.
Benefits:
The plan is comparable to those willing to have high cover with special benefits. The policy is customisable with modular add-ons which include restoration, critical illness, gender specific, wellness and newborn covers.
Best for:
Case Study 1:
In Delhi, a family of four (two school going children and both parents working) took the New India Assurance Floater Mediclaim policy with a sum insured of 10 lakh. All annual premium amounted to almost 22500 and had access to more than 2500 North Indian hospitals.
Case Study 2:
A Hyderabadi-based IT professional, with a family history of cardiac problems, chose Raheja QBE Health Qube. Her sum insured was 25 lakh with critical illness add-on, and her premium was Rs 28,700 on a three-person family but her peace of mind was greater as she has sum insured restorative and OPD benefits.
What is going to happen once the family floater sum insured is depleted half-way through the year?
Under Raheja QBE Health Qube, you can refill your sum insured under restoration clause but under New India, you need an add-on or new cover.
The two policies exclude that is characteristic of most Indian health insurance products:
Common Exclusions:
Waiting Periods:
Snapshots of Quick Fact Table Exclusions
| Type of exclusion | New India Assurance | Raheja QBE Health Qube |
|---|---|---|
| Pre-existing Disease Wait | 3 years | 4 years |
| Maternity Wait | 3 years (add-on) | 2 years (core variant) |
| OPD & Domiciliary | Only hospitalisation | Included with some plans |
| PED post wait coverage | Yes | Yes |
Did you know?
As of IRDAI public data, most rejections of claims in 2023 and 2024 were as a result of claims made in the waiting period.
The two insurers have already moved to digital intimation and tracking of claims through apps and online systems, making the processes faster and more transparent in 2025.
User Experience Specimen:
Priya of Pune had to get surgery on her child. In the case, New India Assurance, her cashless claim was received in 48 hours after attaching all the digital documents via their app. Her sister was covered by Raheja QBE and used the WhatsApp claims bot, which was faster to be intimated and granted approval in six hours, and provided her with pre-surgery wellness consultation- indicating both insurers are ready to meet 2025 digital standards.
How will I determine whether my hospital is in the network of the insurer?
Both insurers include the lists of the insurers in their websites and their mobile apps, or you can verify them by calling the hospital helpdesk.
The computation of accurate premiums requires the following variables; age, city, sum insured and add-ons but the following is an approximate list of 2025:
| Family Size (2A2C), Age:35/32, Metro City | New India Assurance Floater 10L | Raheja QBE Health Qube 10L |
|---|---|---|
| Base Plan (Hospitalisation Only) | Rs 20,500 | Rs 22,800 |
| Maternity Add-on (Where applicable) | Rs 24,800 | Rs 27,500 |
| With OPD and Wellness Add-ons | Not Available | Rs 29,200 |
| With Critical Illness Cover | Rs 23,200 | Rs 28,600 |
The use of unbiased insurance comparison portals today has provided policy buyers with the real value. These market places show premium, coverage and customer reviews all on a single screen, eliminates the manualized guesswork and agent bias- lets you effectively compare the most suitable policy to offer your family in 2025 before you buy it.
Expert Insight:
It is always advisable to look at portability options at least once a year–if your lifestyle or health requirements shift, then you can switch to more advanced covers with the help of online marketplaces.
Whereas the two policies have incorporated digital onboarding, Raheja QBE offers more accessible service through its WhatsApp claim bots, wellness webinars, and in-app tracking. As a PSU, New India is not as quick as fast-paced tech changes, which it is slowly getting better at.
Useful Features in 2025:
Case Example:
Rahul, a 40-year-old Bangalore-based marketing manager chose Raheja QBE Health Qube because of the regular visits that he makes to the hospital OPD with his asthmatic son. His annual medical fees were cut by as much as 24 percent by the include-on of the OPD and Doctor Consultation, which his previous basic floater did not cover.
Is online policy secure and controlled?
Yes in India IRDAI approves and monitors all digital policies by licensed insurers and redresses grievances.
Advantages:
Disadvantages:
Advantages:
Disadvantages:
They both are cashless claims, IRDAI-protected, and digital in 2025–however, radically differ on features, customisation, and price.
Check live premiums, reviews and product features online to see the market before purchasing by using unbiased online comparison marketplaces, and assures you get the best value.
Which policy encompasses additional daycare procedures in 2025?
Raheja QBE Health Qube pays more than 530 daycare procedures when compared to about 160 provided by New India Assurance.
Will these health insurance policies be able to be purchased wholly on the internet?
Yes, the two policies can be bought and renewed online on the websites of companies and large insurance markets.
Is the availability of cashless claim facility pan India?
Yes, both of them have very good lists of network hospitals, but make sure to check on the list of your local hospitals via the portal of the insurer before buying.
Do both plans apply to parents?
Yes, the dependent parents may be covered by both plans; the sum insured limits and premiums could be variable.
How long is the waiting time on already existing diseases?
Normally 3 years to Raheja QBE, and 4 years to New India Assurance.
Do I take yearly health checkups?
This is only provided in some of the slabs of Raheja QBE Health Qube; it is not provided default by default of New India Assurance.
How could we improve this article?
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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