Travelling is a crucial part of life that allows you to enjoy and do something out of your daily routine. It brings a new adventure and new energy with it. However, travelling to a new place can be a daunting task if you have not planned for it. How would you cope in a situation where you have no one to assist you? For example, an accident occurring on a trip abroad where you have no friends/family members to look towards for help. Not a very exciting prospect, is it? Travelling is important and so is its planning. To have a secure and happy journey, people should invest in a reliable travel insurance plan. Travel insurance acts as a helping hand in the hour of need. Overseas Mediclaim Business and Holiday is one of the effective travel insurance plans that helps you to deal with unwanted situations during your trip abroad.
It is a comprehensive travel insurance plan by National Insurance company (a government organization). The plan offers a required coverage for a varying range of risks, accidents and economic losses. This policy is ideal for all who are travelling abroad for business or pleasure. It provides wide coverage and a large international network. This affordable plan comes out in three categories:-
1. Business & Holiday
2. Employment and Study
3. Corporate frequent Traveller
|Policy tenure||Depends on the trip|
|Premium||Based on age, medical conditions and sum assured|
|Entry age||Not specified|
|Waiting period||Not applicable|
Overseas Mediclaim Business and Holiday is a policy for those who need to make frequent business trips overseas or who are bitten by the travel bug. The Overseas Mediclaim Business and Holiday Policy provides insurance cover for the medical expenses incurred in case of an accident or sickness overseas. It also covers the cost incurred due to loss of passport, loss or delay of checked-in baggage and any personal liability.
The benefits and salient features of the Overseas Mediclaim Policy for Business and Holiday are as follows:
|Section A (Illness, medical evacuation, repatriation)||50,000||2,50,000||1,00,000||5,00,000|
|Section B (Personal Accident and disablement)||10,000||25,000||25,000||25,000|
|Section C (Loss of checked baggage)||1,000||1,000||1,000||1,000|
|Section D (Delay of checked baggage)||100||100||100||100|
|Section E (Loss of passport)||150||250||250||250|
|Section F (Third party bodily injury & bodily damage)||2,00,000||2,00,000||2,00,000||2,00,000|
Travelling can be a memorable experience if you plan for the same. However, a single mistake of yours will be enough to ruin the whole thing. It can be any medical issues, loss of passport, loss or delay in checked-in luggage, personal accident or any personal liability among others. You need to be prepared in advance when you are planning to travel abroad. You must invest in adequate travel insurance which would be able to help you in case of an unwanted situation. And Overseas Mediclaim Business and Holiday has come out as a preferred option for the same. With the trust of the National Insurance Company, this plan serves great features to the insured. Overseas Mediclaim Business and Holiday is one of the finest products that you should choose for a happy and memorable trip abroad.
There are a few events that are not covered under this policy, which are mentioned below:
There is no age limitation when it comes to Overseas Mediclaim Business and Holiday. The plan offers the required cover to all (kids & old age people).
In such a scenario, you can easily extend the plan before it expires and can stay covered for the chosen extended period. Overseas Mediclaim Business and Holiday allows you to do the same whenever you want to do.
No, You can’t do this. Travel insurance policy is designed to offer coverage to those who are planning to come back to India and for those who are planning with a purpose of holidaying, business & studies.
Your travel insurance policy will end either on the end date of the policy as per the documents or the return date. Hence, you would not be able to get any premium refund in case you come earlier than the planned one.
Unfortunately, that won’t be possible.
Yes, you are allowed to change your travel dates anytime before the plan start date to a later date under your Overseas Mediclaim Business and Holiday policy.
Yes, Overseas Mediclaim Business and Holiday policy will provide the required coverage against emergency medical expenses because of sickness or injury on OPD basis.
Last updated on 12-11-2020