Employment and Study Policy
The policy is designed for Indian Citizens temporarily posted abroad in a sedentary non-manual work or students prosecuting studies or engaging in research activities abroad.
The new scheme is on a world-wide basis including US/Canada and comprises four sections as below:
|Sub-Section A||Medical expenses incurred in respect of disease/injury contracted/sustained during the policy period:
|Sub-Section B||If the insured person is evacuated to India, the insurers will pay medical expenses in India, as provided under Sub-Section A above and, in addition, but within the overall limit of USD 5,00,000.|
|Sub-Section C||Repatriation and Alternative Expenses: In the event of the death of an insured person, the insurers will pay the actual expenses for preparation and transportation to India of the remains of the insured person or funeral expenses incurred in the country of posting not exceeding USD 8,000 in total.|
The proposal form, underwriting procedure, policy exclusions and so on are more or less similar to overseas medical scheme for business or holiday.
The scheme may include add-on covers as follows: