Oriental Overseas Mediclaim Business & Holiday Policy

Introduction

The policy is useful in indemnifying the expenses incurred on medical treatment for illness, disease or injury sustained overseas. The policy is valid from the first day of buying the insurance and expires on the last day of the number of days specified in the plan or on returning back to India, whichever is earlier.

Who is Eligible to Buy the Policy?

The policy can be bought by-

• Any Indian resident taking bonafide overseas trips for business or leisure purpose
• Foreign nationals working in India

Covered Risks

The expenses would be reimbursed as per the limit prescribed under the policy chosen by the insured.

This policy has following sections-

• Section A=> Medical expenses and repatriation

It covers medical expenses of an insured in the event of sudden and unexpected sickness or accident arising during traveling.

• Section B=> Personal accident

The insurer will pay if anytime during the covered trip, the insured sustains any bodily injury resulting directly from accident caused by external and visible means.

• Section C=> Loss/delay of Checked Baggage

The insurer pays up to the limit mentioned in the policy in the event of the insured suffering total loss/delay of checked baggage.   

• Section D=> Personal Liability

The insurer will pay up to the limit mentioned in the policy if the policyholder becomes legally liable to pay for accidental body damages to the third party arising from an incident during the insured trip.

What is not Covered?

The insurance policy doesn’t offer coverage in case of the following situations-

1. No claim is paid if the insured-
   
   • is travelling against the medical advice.
   • is solely travelling to seek medical care.
2. Any claim for dental expenses, except as the result of injury
3. Pregnancy including child birth or miscarriage
4. No claim will be paid for losses directly or indirectly happen due to hazardous occupation or if the insured engages in any criminal act
5. No claim will be paid arising from attempted suicide, mental disorder, anxiety, venereal disease, etc.