ICICI Lombard General Insurance Company Ltd., the country’s largest private sector General Insurance Company offers ‘Overseas Student Travel insurance - Gold Plan’ - a comprehensive health cover against medical expenses for students planning to study abroad. It is a specially designed product, which understands the needs and requirements of a student studying abroad.
‘Overseas Student Travel Insurance - Gold Plan’ provides cover against unforeseen medical expenses such as personal accident, dental treatment and also provides additional covers such as personal liability, bail bond, sponsors protection, repatriation of remains and checked-in baggage loss.
The plan offers up to $ 7,500 if studies are interrupted on account of a medical condition and compassionate reasons on the family front. If the student is hospitalized for more than seven days, a family member can visit the student or vice versa. To facilitate the same ICICI Lombard GIC Ltd. reimburses a round trip economy class tickets for student/family member and the accommodation costs for the visting member.
ICICI Lombard has launched a ‘University Tracker’ section on www.icicilombard.com which empowers the student to match and compare the University requirements to ICICI Lombard’s offerings and choose the best health insurance policy that suits his needs. A list of 650 Universities are available on the website. Students also enjoy an add on advantage of getting expert recommendations on plans which enable them to get a waiver from University provided insurance.
Subject to policy terms & conditions, Facility of premium refund is also made available to students, in case a student’s university does not accept our insurance policy, for the purpose of providing waiver from insurance provided by them if applied within 60 days of the policy inception.
Through this health insurance policy, students can enjoy cashless claims settlement worldwide, through ICICI Lombard’s TPA (Third Party Administrator) Europe-Assist, which has a network of hospitals across the world. Whenever the customer wants to file a claim he can call toll free numbers in USA/Canada or use call back facility in other countries and they will be guided to the nearest health care facility under their network.
In case a customer goes to a hospital which is not on the Europe-Assist network, TPA will still provide cashless facility by contacting the hospital and issuing necessary instructions to them. In USA, ICICI Lombard GIC Ltd. has a tie up with United Health Care whose hospital network covers more than 88% of hospitals in USA, providing our customers with easy cashless hospitalization access in these hospitals.
To enroll for a policy, all a customer needs to do is to log on to www.icicilombard.com and click on the ‘University Tracker’, enter their university name and they will be provided with a health insurance policy plan matching their requirements. If any plan suits their needs, they can immediately buy or renew the policy through an online payment. Customers can also chat 24 x 7 with customer service or call the toll free helpline 1800-209-8888 for support.
According to Kartik Jain, Head Marketing and E-Channel, ICICI Lombard General Insurance Company Ltd., “Overseas Student Travel Insurance - Gold Plan is a specially designed online health insurance policy for students planning to study abroad. With universities abroad making health cover mandatory for overseas students, it is gaining popularity amongst students. It is also more cost-effective for students to buy an insurance policy in India as typically premiums here are lesser than that of policies available abroad”