OverSeas Mediclaim Policy Qualification Criteria in General Insurance

Eligibility Conditions for OverSeas Medical Insurance Policy...

Overseas Mediclaim Policy was acquainted by General Insurance in the year 1984 to facilitate medical disbursals or untimely physical harm due to injuries of their foreign travel for official or recreation purport to the citizens of India.

General Insurance plan is altered timely to acquire extra merits i.e. In-flight personal mishaps, loss of passport and so forth. The General Insurance commenced officially the employment and study policy in the year 1991 intended for Indian citizens on a job or as a student for limited period. The Videsh Yatra Policy was inaugurated vast cover in the year 1998.

Qualification (Eligibility) Criteria for Overseas Mediclaim Policy

1. The overseas Mediclaim policy for Indian citizens whom are planning to move aboard for official or recreational purport.
2. The spouse and children of the individual moving to foreign country will be addressed under holiday purport.
3. Employees of multinational companies visiting abroad for official purpose covered in Mediclaim Overseas policy.
4. International citizens employed in India for Indian companies as well covered in Overseas Mediclaim Policy.

Premium Payment

The insured individual shall pay premium in Indian currency and the insurer will compensate the claim in international currency.

Insurance Period

Insurance is embarked on from the foremost day of Insurance acquired or date and time of departure from India and lose validity on the final day mentioned in the policy agenda or on homecoming to India whichever is prior. Repayment of premium is denied if individual returns back before policy expiration.

Official and Recreational Purpose

Insurance is conceded for utmost 180 days per visit. And can be prolonged up to 365 days as whole. A week prolongation is updated in the absence of surplus charges.

Work and Education

Education involved in research activities, temporary occupation possessing valid visa, accompanied by spouse and children where children aged 1 month to 5 years.

Regular Visitors on Corporate Purpose

Individual who journeys abroad often officially can be issued overseas Mediclaim policy. Accompanied spouse,can be included. on prolonged period the visit is acceptable up to 180 days in a year for spouse. Each trip should not surpass 60 days.

Age Restriction

For adults upto 70 years and beyond it is acceptable with additional premium charges at the prudence of Insurance company.For children between 6 months to 5 years age excepting definite children malady Insurance is covered.