Royal Sundaram Co. Ltd. (previously called Royal Sundaram Alliance insurance agency constrained), a subsidiary of Sundaram Finance, is the first private insurance company in India to be licensed in October 2000 by the Insurance Regulatory and Development Authority of India.
The enterprise became initially promoted as a joint project among Sundaram Finance, one of the maximum reputable non-banking financial institutions (NBFCs) in India and Royal & SunAlliance PLC, UK, one of the old standard insurers in the UK. In July 2015, Sundaram Finance received the 26% equity keeping from Royal & SunAlliance. Consequently, the complete 100% equity conRoyal Sundaram General Insurance Co. Limited (formerly called Royal Sundaram Alliance Insurance Company Limited) is one of the first private general insurance companies in India that got its license by IRDAI in October 2000. It is highly indulged in offering various general insurance products including motor, health, travel, personal accident, and so on. The insurance company has over 2000 employees with 156 branches across India.
One of its superb offerings, the Royal Sundaram Travel Insurance, offers protection against unforeseen incidents (medical or non-medical emergencies) while you are traveling abroad. This is a comprehensive plan that offers a holistic approach to provide solutions to the policyholders.
Royal Sundaram Travel Insurance offers coverage under the following options:
Note: Coverage to Japan and Korea is available under Worldwide including/excluding America category
The insurance company offers five types of travel insurance plans to its customers.
Let's know more about them.
This comprehensive travel insurance offers coverage against issues like medical expenses, personal accidents, trip delays, etc. while traveling for your holiday abroad. The insurer offers a sum insured ranging from $50,000 to $10,00,000.
It is customized annual travel insurance, which can be availed by travelers who take frequent abroad business trips in a year. Individuals can purchase this plan if the number of trips done during the year has not exceeded 180 days.
This insurance can be availed by all students who want to go abroad to pursue higher studies (course duration from 1-7 years). You don't have to submit medical reports to buy this insurance.
It is an exclusive plan that is designed for policyholders who want to travel to any Asian country (except Japan & Korea) from India.
This plan can be availed by citizens who are aged 71 years and above. It offers coverage against any unforeseen incidents caused while traveling abroad. The medical reports are needed for a sum insured of $1,00,000.
|Leisure, Multi trip and Asia||Minimum entry age -18 years |
Maximum entry age -70 years
|Minimum entry age- 91 days|
|Senior Citizen||Minimum entry age -71 years |
Maximum entry age- Nil
|Student||Maximum entry age- 40 years||Minimum entry age- 12 years|
Royal Sundaram offers an easy and simple process to purchase travel insurance online. Let's check it out.
To file a claim for Royal Sundaram Travel Insurance, you need to call 18604250000. The customer representative will guide you further regarding the claim procedure and the documents required.
Insured is allowed a free look period of 15 days (30 days for telesales, online, and web aggregators) from the date of receipt of the policy to review the terms and conditions of the insurance policy. If the insured is not satisfied, (s)he can cancel within that period.
The premium under travel insurance is based on your age, country of visit, and the number of days of travel in a given country.
Just follow the below-listed steps-
Last updated on 19-11-2020