One usually travels abroad for various reasons- a pleasure trip, a business trip, a study trip etc. You do not want anything to ruin your hard earned holiday, foreign study or your crucial business meeting. But there is a possibility of some unexpected occurrence no matter how perfect the planning is. Unfortunate events such as baggage loss, passport loss, a medical emergency or an accident can affect you. Having Overseas Travel Insurance protects you from all such perils. It ensures that in the unknown foreign land, you are not left stranded in any kind of an emergency.
TPA stands for Third Party Administrator. The most essential service they provide is cashless medical services. They also provide the necessary information to deal with any problem regarding claims. The Insurance Cover commences on the day specified in the Policy Schedule or the time you board the conveyance to leave for onward overseas journey or the Contracted Departure Date as per the policy, whichever is later.
Insurance Cover shall terminate
(i) with the end of Insurance Period i.e. the period for which the premium has been paid
(ii) when the insured person first disembarks on return to India although insurance companies provide the benefit of Automatic Extension of the Policy if the completion of the insured journey is delayed solely because of a failure of public transportation or other services upon which the insured was reliant.
You are advised to carry the policy along with you when traveling. This would make it handy once any claim arrives. But most important the policy details should be known to the insured when traveling like policy number.
The need for medical examination depends on the Insured’s age, country of travel and the requested sum assured. You need to check on the features of with the Insurance Company.
If the insured is falling under the criteria of Medical Examination and not able to produce the Examination due to urgency for travel then only a person can be insured without giving any exam for a limited sum insured on the sole discretion of an insurance company.
Although there are no specified list of Doctors/Clinics/Hospitals/Labs to get the medical exam but most insurance companies have their own list of Hospitals from where medical exam has to be done and these tests are to be verified from the Doctor M.D. only.
Normally three tests are taken by the insurance company e.g. E.C.G., Urine and Blood Sugar test but the required tests may be change from company to company depending upon the type of case.
You would need to contact insurer’s third party administrator and they would arrange for the cashless claims for the medical treatment. In case cashless facility is denied for whatsoever reason may be, you can still apply for the reimbursement of your medical bills.
The insurance covers you only for accidents or sickness which happen unexpectedly and unintentionally while you are traveling abroad. This is to ensure that you have sufficient peace of mind during your overseas trip. This policy does not cover planned Medical Expenses / Treatment overseas.
Cancellation of policy can come in two ways:
Before Departure:
You can get your policy cancelled only by giving a Request Letter* stating valid reason for the cancellation of trip and the cancellation charges towards administrative expenses would be deducted from the refundable premium which may vary from company to company.
After Departure:
You can get your policy cancelled only if you have not undertaken the journey and you produce your original passport as a proof that the journey has not been undertaken. Any request of cancellation will be entertained till the last date of insurance as indicated in the schedule of the policy and the cancellation charges towards administrative expenses would be deducted from the refundable premium which may vary from company to company.
TPA has to be contacted to register the claim. You will have to submit the loss baggage claim form along with the supporting documents from the airline.
TPA should be contacted by any person within 48 hours and given the details about the insured.
You can either choose a Single Trip or Multiple Trip policy. If you choose a Single Trip policy, the cover will be valid for the duration of the specific trip, (as selected by you). If you choose a Multiple Trip policy, the cover will be valid for one year from the start date of the policy. The maximum duration per trip under this option can be 30, 45, 60, days or 90 days (as selected by you, which may vary from company to company).
If the Third Party Administrator advises that the continued treatment in India is appropriate, then the company will pay the medical expenses incurred in India for the same illness/injury contracted abroad following the transportation to India, for a maximum period of time (vary from company to company) from the date of return to India, provided that the illness/injury is sustained or contracted within the period of insurance during the trip abroad.
Yes, Plans are available only for students.
Yes, Plans are available only for students.
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