Oriental Overseas Mediclaim Employment & Study Plan

Why Oriental Overseas Mediclaim Employment & Study Plan?

Offered by Oriental Insurance Company Limited, this plan offers compensation for a number of medical and travel-related assistance through its various benefits. The company is a well-established general insurance company since September 1947 and has 29 regional offices with a workforce of over 13500 employees throughout its multinational branches in Nepal, Kuwait, and Dubai and has a total strength of around. This plan is specially made for any costs incurred because of medical treatments abroad by Indian citizens who are either employed abroad or pursuing their studies.

Features & Benefits of Oriental Overseas Mediclaim Employment & Study Plan

Being a reputed and trusted general insurance company, there are several benefits offered by Oriental Travel Insurance Plan:

• Flexible Duration: The policy by Oriental Insurance Company comes with a wide policy term from a period of 2 months up to a period of 1 year.
• Easy Renewal: The policy can be renewed for up to 12 months, if necessary.
• Medical Assistance: In-patient or out-patient, it covers both the expenses during your overseas trip.
• Cashless Facility: Cashless settlement is provided
• Variety in Sum Insured: USD 50000 – USD 500000 is provided under this policy as a sum insured.

Things to know about Oriental Overseas Mediclaim Employment & Study Plan

The plan offers benefits if the insured person incurs any medical expenses due to illness, injuries, or diseases contracted during their overseas travel. The plan is designed for those individuals who are leaving India temporarily for employment purposes or to further their education or carry out independent research. With a sum insured of USD 75,000, the policy can be availed for 2 months to a maximum of 12 months. However, it can be renewed if needed. Irrespective of the country of travel, the premium will need to be paid in USD.

Indemnified expenses and benefits under this plan include cover for medical accident and sickness expenses, medical evacuation and repatriation expenses, and contingency insurance only for sponsored students that are studying abroad.

Inclusions under the Oriental Overseas Mediclaim Employment & Study Plan

The policy offers the following coverage benefits to the insured:

• Medical Expenses Benefits: All the medical expenses because of diseases or accidents caused while traveling are covered.
• Medical Evacuation: If the insured is critically ill and needs to be evacuated back to India at the advice of the attending physician, then the insurer shall cover these expenses.
• Repatriation Expenses: In case of death of the insured, the insurer will cover the repatriation of their mortal remains
• Coverage for Mental/Nervous/Emotional Disorders: The insurer will provide 50% coverage for any mental/emotional disorders for a maximum of 30 days continuous in-hospital expenses to the insured.
• Medical Emergency Reunion Expenses: The insurer will cover any reunion expenses up to USD 5,000 in case the insured is critically ill and provide one economy class ticket to their immediate family member.
• Contingency Insurance: This is applicable to sponsored students only and provides them cover if their studies are interrupted due to death, disability or loss of eyesight.

Exclusions under the Oriental Overseas Mediclaim Employment & Study Plan

Customers should carefully go through the terms and conditions of the policy before buying. The policy will not cover any expenses if they arise due to the following:

• If the insured is traveling against the advice of the attending physician
• Any loss incurred due to self-inflicted injuries, suicide, or attempt at suicide
• Injuries sustained due to alcohol or drug consumption
• Any pregnancy or related issues
• Any claims arising  due to pre-existing medical condition
• Claims due to sexually transmitted diseases, HIV, AIDS.
• Claims arising because of venereal diseases.
• Damage incurred due to radiation, nuclear weapons induced, and other ionizing radiation
• Damage and injuries due to sporting activities and adventure sports
• Claims for expenses due to Naturopathy treatment, ayurvedic/homeopathic therapies, and other experimental treatments

Oriental Overseas Mediclaim Employment & Study Plan Eligibility Criteria

Any Indian citizen is eligible for this plan, given they are temporarily residing in the country of posting or education. Students should solely be engaged in education or research projects with no manual role in that country.