| Health Insurance policy issued to you is valid in India | | | | generally based in Zonal office or Head office review |
| only. When you travel out of India then you need | | | | the documents and decide: |
| Overseas Travel Health insurance policy because of | | | | 1. Whether to accept the proposal and underwrite |
| following reasons :i. If Hospitalization is required | | | | the risk |
| while you are in a foreign country then treatment may | | | | 2. If to underwrite the risk should there be loading |
| not start in a hospital; unless you make the payment in | | | | on premium rates and what should be the maximum |
| cash or by credit card or produce health insurance | | | | amount of Hospitalization covered. |
| policy reference / card.ii. Some embassies of | | | | This approval cycle can take 2 to 5 days. Normally for |
| foreign countries need it as part of documents for | | | | a person of 70+ age the limits imposed with respect to |
| issue of visa itself. An example is the Germany | | | | hospitalization / medication in the policy are between |
| Embassy or Spain Embassy. | | | | US $ 10000 and US $ 50000. You will notice that this is |
| Even though this policy in the beginning was for taking | | | | much less in comparison to limit of US $ 5,00,000, |
| care of hospitalization/medical treatment only but at | | | | which is available to those who are in age group of 70 |
| present this product is available with certain additional | | | | years or less. The good thing about this policy is that it |
| features. | | | | is even issued to those who have preexisting disease. |
| You will notice that while in the case of Health | | | | Hospitalization in foreign country even with the disease |
| Insurance policy valid with in India is having the limit of | | | | (preexisting) is covered. |
| Rs 5,00,000 but in case of Overseas Health Insurance | | | | On the concept of loading factor starting on a |
| policy sum can be as high as US$ 5,00,000, which is | | | | specified data it has been seen that for a person aged |
| nearly equal to Rs. 235 lakhs. (Rs 2.35 crores) | | | | 84 traveling to USA, a specific PSU loaded the |
| Health Insurance policy valid within India is issued with | | | | premium by 150%. Private Insurance Companies are |
| difficulty for those above 60 years in age. In the case | | | | generally not issuing policy to those, who are 80+in |
| of Overseas Travel Health Insurance for India, the | | | | age. |
| policy can be issued even for the age of 84 years but | | | | In these recent months we notice that PSU's have |
| subject to following documents being attached with | | | | started discouraging the issue of such policies |
| proposal form for all those whose age is above 70: | | | | These policies can be divided in to : |
| • ECG test | | | | 1. Single trip policy |
| • Blood test | | | | 2. Annual multitrip policy |
| • Urine test | | | | As the name indicates single trip covers a single trip, |
| Medical assessment in specified format duly filled | | | | which is starting on a specific date and ending on a |
| signed/rubber stamped along with license no. of the | | | | specific date. It is possible to extend the date on |
| postgraduate (M.D. or a above) doctor who has filled | | | | payment of additional premium subject to condition that |
| the report. It is to be understood that report by MBBS | | | | no claim has been made. Extension of policy is at the |
| qualified doctor is not valid. | | | | discretion of the Insurance Company. |
| The medical specialists of the Insurance Companies | | | | |