TRAVEL INSURANCE

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TRAVEL INSURANCE Powered By Docstoc
					Travel Insurance Policy
• Travel Insurance provides cover against risks related to
  travel ( Domestic as well as Abroad)

• Combination of variety of possible risks including hijack

• Types of Travel Insurance
      • Overseas Travel Insurance
      • Domestic Travel Insurance
      • Student’s Travel Insurance
        Features of Overseas Travel Insurance
              (Travel Guard - TATA AIG)


• Coverage:
    •   Coverage of medical expenses (accident/ illness)
    •   Baggage loss (checked-in)
    •   Loss of passport (exp to obtain duplicate or new)
    •   Personal Liability (caused involuntarily)
    •   Hijacking (distress allowance)
    •   In-hospital indemnity (daily benefit)
    •   Trip delay (additional exp – above 12 hrs delay)
    •   Automatic Extension of Policy ( 7 days)
    •   Personal Accident (death or dismemberment)
    •   Dental relief (immediate treatment)
• Medical Assistance:
     •   Medical services provider referral
     •   Arrangement of hospital admission
     •   Monitoring of condition
     •   In-touch with service provider
     •   Contact with family physician
     •   Medical evacuation
     •   Repatriation
• Additional assistance: (Round the clock assistance)
      • General assistance
              » Translation and communication
              » Government agencies inormation
              » Claim filing information
      • Pre-departure services
              » Hazards at foreign locations
              » Passport or visa related information
      • Emergency travel agency
              » Airline and hotel reservations
      • Emergency cash transfer
              » As per credit limits
      • Legal assistance
              » Against non-criminal action
              » Name the attorney
• Exclusions:
     •   Travelling against the advice the advice of physician
     •   For obtaining treatment
     •   Pre-existing diseases
     •   Suicide or attempted suicide
     •   Illegal Act
     •   Dangerous sports
         Features of Domestic Travel Insurance
          (Domestic Travel Guard - TATA AIG)


• Coverage:
     •   For travel with in India
     •   Accidental death & dismemberment
     •   Missed departure ( certified)
     •   Trip delay ( reasonable expenses)
     •   Lost ticket
     •   Medical evacuation
     •   Personal liability
        Features of Student’s Travel Insurance
          (Student Guard Plus - TATA AIG)


• Coverage:
    • Study Interruption ( medical reasons)
    • Sponsor protection (death or disablement)
    • Medical expense (actual expenses)
    • Compassionate Visit of family member (hospitalization case)
    • Visit by student for above seven days (death or
      hospitalization)
    • Personal Accident
    • Mental and Nervous disorders ( treatment expenses)