Accidental & sickness medical expenses
Baggage Delay/ Loss
Trip Delay / Cancellation
Passport Loss
Emergency Medical Evacuation
Missed flights
Medical expenses
Passport Loss
Study interruption
Bail Bond , Personal Liability
Trip Delay / Cancellation
Compassionate visit
No medical tests
Instant policy

Cholamandalam Corporate Travel Insurance


Introduction:

The Corporate Travel Insurance is suited for businesses of all sizes and offers customizable and convenient plans for the organization which can be issued to employees for purposes of travel. It allows for flexibility and affordability on premium.

Policy Benefits:

  • Emergency medical, transportation back to India, dental emergency expenses following an accident, compensation following accidental injuries.
  • Expenses incurred for obtaining new passport or other documents, or loss of passport/ international driving license.
  • Delay in flight or missed departure/connection, situation involving hijack distress
  • Expenses on emergency purchases of consumables due to any delay in handling checked in baggage.
  • Personal accident domestic: Permanent total disability/death during course of travel from the residence to the airport vice versa within India.
  • Any Legal Liability burdened upon you due to causing bodily injury or property damage to any third party.
  • Travel expenses are borne in case the travelling employee needs to be replaced.
  • Hijack relief expenses.
  • Financial emergency and hospital daily cash cover.

Policy Details:

  • No requirement for medical check-ups.
  • Door-to-Door Cover: Coverage right from the time the door is locked till return to home.
  • Express Claim Processing- Hassle-free, super-fast claim settlement with international tie ups and Cashless settlement of hospitalisation claims abroad.

Exclusions:

  • Travel against medical advice or foe the purpose of obtaining medical treatment.
  • Self-inflicted injuries, suicide, mental disorder, intentional involvement in dangerous situations.
  • Expenses due to pregnancy, congenital diseases, HIV/AIDS and all concomitant health conditions
  • Expenses War/invasion/public defence/ riot, terrorism or any breach of law with criminal intent.

Schedule of Benefits:

S. No.

Covers

Sum Insured Options

Deductibles

1

Medical Cover (Medical 
Evacuation Included)

$50,000/100,000/
200,000/250,000

$50

2

Repatriation of Remains 
(within the overall 
medical limit)

$7500

Nil

3

Dental Treatment

$200/300/500

$50

4

Checked Baggage Loss

$500/1000/1500

Nil

5

Checked Baggage Delay

$100/150

12 hours

6

Passport Loss

$150/250

$30

7

Personal Liability

$100,000/200,000

Nil

8

Personal Accident - Overseas

$10,000/15,000/25,000

Nil

9

Personal Accident - Domestic

INR 2,50,000/5,00,000/
10,00,000

Nil

10

Trip Cancellation

$250/500

$50

11

Trip Curtailment

$250/500

$50

12

Trip Delay ($25 per 12 hours)

$250/500

12 hours

13

Hospital Daily Cash 
($25 per day)

$250/500

Nil

14

Hijack Relief Benefit 
($100 per day)

$400/700

12 hours

15

Financial Emergency

$250

Nil

16

Emergency Travel Expenses - 
Replacement of colleague 
abroad

$2500/5000

Nil

17

Emergency Medical Expenses 
(Accidental Hospitalization only
within India from Residence to
airport and vice versa)

INR 100,000

INR 2500

18

International Driving 
License Loss

$100

$25

 

Written By: PolicyBazaar - Updated: 06 September 2016

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Cholamandalam Corporate Travel Insurance Reviews & Ratings

0 / 5 (Based on 7 Reviews)
(Showing Newest 7 reviews)
Parul
Punjab, August 02, 2021
Inexpensive term plan
My friend is 30 year old and I am 25 years old and noticed a difference in our term plan price. I visited Policybazaar and read some blogs there. I found out that term plans are cheaper if you buy at young age. I am glad to buy this plan at the right time.
Amrita
Chail, August 02, 2021
Tax savings
I recently bought a term insurance policy from the website of Policybazaar. My plan has amazing features and some additional benefits due to an addon. The best part is I can also enjoy a tax rebate. I am so glad to buy this plan.
Pratap
Niwari, August 02, 2021
Purchased Online
My friend asked me to buy a term insurance plan online as it is cheaper and more convenient. I visited the website of Policybazaar and bought a term policy which offers great benefits at cheap rates. My online experience has been great. Thank you team.
Anurag
Modinagar, August 02, 2021
Protection against COVID
The pandemic had me worrying about the future of my family in my absence. I have been searching for a pure insurance policy to safeguard my family against any eventuality. With the help of Policybazaar now I my family is secure as a bought a specialized term plan made to help family of the policyholder.
Kashish
Meerut, August 02, 2021
Best customer service
I did not understand much about insurance but I knew one thing that I needed to secure the future of my family. I took help from the team of Policybazaar and they suggested me what would be best for me. I am happy with my plan. Thank you so much team.
Komal
Palwal, August 02, 2021
Huge coverage
I recently bought a term plan from the website of Policybazaar and I am happy with the product. I got a higher coverage term plan with additional benefits and at cost effective price. Now I am worry free for the future security of my family in my absence. Thanks.
Harisha
Gurgaon, August 02, 2021
Quick to buy
My friend suggested me to buy a term insurance plan online. I visited the website of Policybazaar and it took me about half an hour or maybe less to buy the plan online. The experience was smooth and I am happy with my plan. Kudos team.