1. Home
2. TATA AIG
3. Tata AIG Travel Guard without sublimits

Tata AIG Travel Guard insurance without sublimits

What does TATA AIG travel insurance without sublimits mean?

Sublimits, by definition in Travel Insurance policies are extra caps or limitations in an insurance policy's coverage of certain losses, primarily Sickness Medical expenses. They are part of the original sum insured limit, and set a maximum limit to cover a specific loss or for a specific medical expense. Unlike the total Sum Insured, which is the maximum amount payable by the insurer for a particular medical event, a sublimit restricts the payout for particular categories, such as medical treatments, room rent, or specific procedures, to a lower, predefined amount. Sublimits can be expressed as a dollar amount or as a percentage of the coverage available. Typically they are part of the policy for insureds with advancing age. In other words, a Sublimit in travel insurance is a specific monetary cap placed on certain types of claims or expenses within your overall policy coverage.

What is the eligibility to buy a plan without sublimit?

There is no specific eligibility for buying a Tata AIG plan without sublimits. For all travelers above the age of 56 years and 99 years, Tata AIG offers both plans With and Without sublimits. The coverages under both the plan options are the same athough the premiums for the NIL Sublimit plan are higher that the plan With Sublimits. However the coverages for Medical Expenses are significantly higher in a plan Without Sublimits. Plans are especially popular among senior citizens due to comprehensive medical coverage.

Why should customers buy Tata AIG travel insurance without sublimits from EIndia?

• Higher Medical coverage available for all treatments, which is critical given the cost of medical services abroad
• Almost NIL Out-of-Pocket Costs to be paid by the insured for medical treatment
• Simpler Claims Process

These plan Without Sublimits are especially suitable for those traveling to countries with high medical costs, such as the US, Europe, UK etc or for those who want to avoid unexpected out-of-pocket expenses due to treatment caps.

Travel insurance policies with sublimits generally have lower premiums but may result in higher out-of-pocket costs if you need treatment that exceeds the sublimit. Policies without sublimits offer higher coverage, covering eligible expenses up to the maximum sum insured for that particular category. The Sublimits are applicable for same illness/injury in case of Hospitalisation, Day Care Treatment and OPD treatment.

How does Tata AIG travel insurance with sublimits work?

Let us take a scenario of a claim where the insured was hospitalized following an accident…Assumption is that the Hospital Bill is $50,000 and the Medical Sum Insured under the policy is $100,000 with a Deductible of $100

How does Tata AIG travel insurance without sublimits work?

Let us take a scenario of a claim where the insured was hospitalized following an accident…Assumption is that the Hospital Bill is $50,000 and the Medical Sum Insured under the policy is $100,000 with a Deductible of $100

Why do no sublimit plans offer better protection to the insured?

No sublimit plans offer better protection for unexpected health emergencies because they allow you to claim upto the maximum sum insured of eligible medical expenses under your policy, without imposing caps on specific treatments or services. This means:

• Higher coverage available for all treatment
• Reduced Out-of-Pocket Costs to be paid by the insured
• Simpler Claims Process

Are No Sublimit plans more Comprehensive?

Definitely a No sublimit plan provides more comprehensive coverage during emergencies by allowing you to claim the full cost of eligible medical expenses up to the overall sum insured, without any limitations/restrictions for on specific treatments or services. So:

• You do not have to worry about whether expenses like Room Rent, ICU charges, surgeries, or doctor’s fees
• In a medical emergency, you can access the best possible care, including premium hospital rooms or advanced treatments, without the risk of paying out-of-pocket for costs
• You remain stress free since are protected from unexpected financial strain, since all eligible emergency expenses are covered up to the full policy limit

Does the plan cover COVID-19 treatment?

Yes, Tata AIG’s No Sublimit plan covers COVID-19-related hospitalization expenses, subject to policy terms and conditions. Quarantine or isolation without hospitalization is generally not covered.

Are pre-existing conditions covered under this without sublimit policy?

Yes, life-threatening pre-existing conditions are covered under the plan, with the coverage limits ranging from $1,500 to $20,000 (depending on plan variant). It is however important to note that the pre-existing conditions will be covered unless they are declared prior to policy purchase.

What are the available Sum Insured for NIL Sublimit plans?

You can choose from coverage levels of $50,000 / $100,000 / $250,000 and $500,000.

How do I file a claim from overseas under NIL Sublimit policy?

Call the Europ Assist/ Tata AIG 24/7 toll-free Assistance and Claims Support number mentioned on your policy document. You will be guided through cashless hospitalization or reimbursement process. For reimbursement claims, please retain documents like hospital bills, prescriptions, and passport copies are needed.