*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Who would you like to insure?
Do you have an existing illness or medical history?
This helps us find plans that cover your condition and avoid claim rejection
What is your existing illness?
Select all that apply
When did you recover from Covid-19?
Some plans are available only after a certain time
A comprehensive health insurance policy is always required to fulfill the medical requirements outside India. Oriental PBBY 2017, also known as the Pravasi Bharatiya Bima Yojana is one such policy that covers hospitalization expenses arising from accidental deaths. The policy also compensates for disability, and maternity healthcare. The insurance plan aims to protect Indian emigration workers' interests, who require efficient financial coverage for their health care needs.
To avail this policy, one must consider the following eligibility conditions first:
Individual or Family Floater
Minimum Entry Age
Maximum Entry Age
Subject to emigration clearance
Number of people covered
Individual, spouse, and dependent children less than 21 years of age
Citizens of India migrating overseas (cleared emigration)
As a mandatory health insurance is required upon emigration clearance, ifone buy Oriental PBBY 2017, he/she can avail the policy as individual and family floater basis with sum insured options depending on the coverage, ranging from Rs 35,000 to Rs 10 lakh.
The basic coverage is as follows:
Besides the basic coverage, Oriental PBBY 2017 insurance policy includes the following:
The following are excluded from coverage under Oriental PBBY 2017:
For a complete list of exclusions, please refer to the policy document.
Some of the salient features of this policy are:
The cancellation of Oriental PBBY, 2017 health insurance occurs due to the following conditions -
Policy cancellation in the free look period results in the refund of the premium payment.
Ans: The insured or nominee is required to notify the insurance provider within a period of 30 days. The claim form is to be duly filled and submitted with the specified documents. The payment will be issued in Indian rupees.
Ans: As per policy guidelines, service tax is levied on the premium paid, considering it is an emigration insurance plan. Therefore, the policy does not provide tax benefits.
Ans: Presently, the provision to buy Orient PBBY 2017 online does not exist. Please contact the insurance provider through telephone or email for more details. Alternately, the proposal form is available on the website of the insurance provider for download. This can be submitted to the nearest branch office.
Ans: Once purchased, the policy lasts for a period of 2 or 3 years (as opted) from the date of commencement.
Ans: For premium payment without penalty, a grace period of 30 days is offered. However, the policy will be regarded as non-active in this period. Consequently, no coverage will be provided till clearance of the outstanding dues.
21 Feb 2024When you decide to purchase a health insurance plan for you and
22 Feb 2024In an era where healthcare expenses are skyrocketing in India, the
10 Jan 2024An ongoing medical inflation of 14 percent in India (the highest
21 Dec 2023The rising costs of healthcare services have made it necessary for
05 Dec 2023Health insurance is one of the biggest assets that senior citizens