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What is Travel Insurance Policy?
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Travel insurance provides insurance coverage during ones travel. You can get domestic travel insurance for travel within India, or overseas travel insurance when traveling outside India. Travel insurance provides coverage more than just for the duration of your travel itself. The scheme covers medical expenses incurred for any in-patient& outpatient treatment throughout your journey.
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What is the ‘Policy Period’?
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The duration of the Policy from the start date till the expiry date of the policy is called as ‘Policy Period’. You can benefit the coverage as specified only during the duration of ‘Policy Period’.
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What is the percentage of the claim payable and whether it will be taxed?
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The standard deductible under the Accident & Sickness Reimbursement is $100 irrespective of the value of the claim. The same is not taxable.
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What are the sub-limits prescribed by the policy?
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The sublimits are applicable to the Age Category of 56-70. Please refer the benefits under all Plans as in the Travel brochure of Insurance Company.
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Are there any restrictions on the hospital where the treatment should be taken?
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There is no restriction on the hospital where treatment should be taken. The treatment can be taken in any hospital in the world outside India. However, the only restriction is that the hospital should be a registered hospital under the local jurisdiction. It is however advisable in pre planned hospitalization, the Insured informs the Assistance Company whom may choose the direct them to a Network Hospital in the same locality.
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Is the sum insured mentioned under each category applicable to all members traveling on the policy and is there any restriction on number of claims?
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The sum insured as mentioned in the policy schedule is for each traveling member. For eg. If there are 3 family members traveling under a single Gold Plan policy, each of the them will be covered for a SI of $200,000 under the Accident & Sickness benefit.
Also this limit of $200,000 is per accident which means that the limit gets topped up once a claim is settled. For eg. If Individual A has had an accident and had filed a claim for $10,000, in the event of another sickness claims he/she will be eligible for $200,000 in full and the same will not be reduced by the $10,000 already claimed under the first claim. However the deductible of $100 will be applicable for a single claim/incident.
There is no restriction on the number of claims per person in the policy period.
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Is a newborn child covered from day one under the Group Travel Policy?
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A newborn child will be covered after 6 months of birth.
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What is the Age Limits to buy TATA AIG travel insurance?
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Persons between 6 months up to 70 years can buy TATA AIG travel insurance. For those who are above the age of 70 (i.e. 71-79) can buy Senior Citizen plan.
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How do you define a trip?
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Trip - means any Insured Journey during the Insured Period which starts and finishes in India and involves a destination(s) outside India; which lasts or is expected to last for: « up to 180 » Days or less if covered under Single Trip Insurance; or « up to 30/ 45 » Days or less per Trip, if covered under Annual Multi Trip Insurance.
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Can we visit ANY hospital or Doctor in US/Non-US in case of sickness?
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Insured is free to approach any hospital at his convenience. However, our assistance company in Americas is 'AIG IS' and for Non-Americas is 'ISOS'. Incase of any emergency, the insured needs to contact our assistance company if time permits.
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