What is Travel Insurance?
•Travel insurance covers the risks during a trip overseas or domestic. It covers medical expenses ,death, personal accident, repatriation, loss/delay of checked baggage, passport loss, third party liability, etc; •It can bought before the trip departure to cover the exact travel duration, or a “multi-trip” policy can cover a number of trips within a year.
Why purchase travel insurance?
•Unexpected medical treatment is the single most expensive hidden cost that can ruin your trip -whether on business or pleasure trip anywhere around the world. •It is highly important and quite essential especially when traveling to certain countries. •Student travel insurance is mandatory for visa purposes when going to Schengen(European) countries •It ensures that in the unknown foreign land you are not left stranded in any kind of emergency/distress. •Increasing trend of corporatesto insure employees when going abroad for work.
What is covered by most travel insurance policies?
•24/7 emergency assistance
•Emergency medical expenses
•Personal Accident –disability & death
•Loss/Delay/Damage to Baggage
•Loss/Damage to Passport
•Emergency Cash Advance
What is not covered by most travel insurance policies?
•Pre-existing medical conditions (under specific conditions)
•Concealing or misrepresenting any information on your application
•Injury or illness caused by alcohol or drug use, participlationin extreme sports/adventure.
•Any treatment that is not for an emergency
•War or terrorism (some policies cover terrorism)
Plan Options Available
•Overseas Medical Insurance (single trip / annual) –Specific for medical cover only
•All Inclusive Travel Insurance (single trip / annual) –Package cover including hijack, burglary, hospital cash,etc;
•StudentOverseas Travel Insurance –Mandatory for students studying abroad
•Corporate Overseas Travel Insurance –For business & corporate trips
•Domestic Travel Insurance –For domestic (within the country) trips
What affects the cost of travel insurance?
•The length of your trip
•Whether you are travelling to the United States or elsewhere.
How to make a claim?
•Call the assistance centre of your provider immediately –Call prior to any treatment or it may not be covered –The assistance centre will provide guidance
•Keep all receipts, bills, and invoices
•Obtain medical records including diagnosis and procedures
1) Is there any medical test?
•We do not have any mandatory medical tests. Most policies are issued without medical tests.
2) How can I get cashless treatment?
•All customers will need to first register all types of claims before they go to any hospital, in order to avoid any kind of inconvenience. ……………………………. Policy Services available for following companies:- Request you to forward this details to your friends and colleagues so they can also avail facility.
1 Agriculture Insurance Co. of India Ltd.
2 Apollo Munich Health Insurance Company Ltd:- Easy Travel – Individual/ Family/ Senior Citizen/ Annual Multi Trip Plan
3 Bajaj Allianz General Insurance Co. Ltd.:Travel Companion (Basic Cover), Travel Elite (Advanced Covers), Student Travel
4 Bharti AXA General Insurance Company Ltd
5 Cholamandalam MS General Insurance Co. Ltd.Student Travel, Business/ Leisure Travel, Corporate Travel
6 Export Credit Guarantee Corporation of India Ltd.
7 Future Generali India Insurance Company Ltd:- Travel Suraksha – Asia/ Overseas Travel
8 HDFC ERGO General Insurance Co. Ltd.:- Travel Insurance
9 ICICI Lombard General Insurance Co. Ltd.:-Individual Overseas Travel Insurance, Sr.Citizen Plan, Annual Multi Plan
10 IFFCO Tokio General Insurance Co. Ltd:-Travel Protector
11 L&T General Insurance Company Ltd
12 Max Bupa Health Insurance Company Ltd
13 National Insurance Co.Ltd
14 Raheja QBE General Insurance Company Ltd
15 Reliance General Insurance Co. Ltd: Overseas Travel Insurance
16 Royal Sundaram Alliance Insurance Co.:- Travel Shield
17 SBI General Insurance Company Ltd
18 Shriram General Insurance Company Ltd
19 Star Health and Allied Insurance Company Ltd
20 Tata AIG General Insurance Co. Ltd.:- Travel Guard (Overseas Travel), Student Guard Plus, Domestic Travel Guard
21 The New India Assurance Co. Ltd:- Overseas Mediclaim Policy
22 The Oriental Insurance Co. Ltd
23 United India Insurance Co. Ltd
24 Universal Sompo General Insurance Co. Ltd