The Policy covers payment of expenses for medical treatment taken by the insured person outside India, as a Direct result of bodily injury caused or sickness contracted whilst on overseas travel. See Also: “Health Insurance, Overseas Mediclaim Policy.”

The policy is meant to provide payment of medical expenses in respect of illness suffered or accident sustained by the Indian Residents during their bonafide trips abroad for business and official purposes or holiday purpose. The accompanying spouse and children of the person who is going abroad will be treated as going under holiday travel. Foreign nationals working in India for Indian employers of multinational organization getting their salary in Indian Rupees, covering their official visits abroad provided they are undertaken on behalf of their employers. Policies are usually available for children above 6 months and adults up to 70 years. Cover beyond 70 years is permissible with loading of premium and/or restrictions of coverage at the discretion of insurer. Various Plans are available with different sum insureds under head Medical Expenses and Repatriation. Other benefits are more or less the same or slightly different. Policies may differ from Insurer to Insurer and for Insured Persons based on nature of travel and age-profile, such as Worldwide excluding USA/Canada or Worldwide including USA/Canada. A cheaper Plan is available for visiting Asian Countries excluding Japan. Plans are further divided into Business and Pleasure and Employment and Studies. Plans are available for Corporate Frequent Travellers and on Premium Deposit and Adjustment Basis subject to Declarations. The Plans usually cover Medical expenses and repatriation, personal accident, Loss of Checked Baggage, Delay of Checked baggage over 12 hours for outbound flights only, Reimbursement of actual expenses for obtaining a duplicate or fresh Passport in case of loss of Passport, Personal Liability, Highjack Distress Allowance and Hospital Daily Cash allowance and Trip Delay Allowance. Employment and Study Plans usually cover Medical expenses, Repatriation and alternative expenses – in case of death of insured person the actual expenses for preparation and transportation to India or funeral expenses incurred in the country of posting. In addition, Contingency Insurance is also applicable to sponsored students recompense benefits are paid to the sponsoring Institute in case of inability of student to complete his studies due to sickness, permanent total disablement or death.