Global Cover in Health Insurance
Global Cover in Health Insurance
Paying for medical bills can cost lakhs in the present time of rising medical inflation. Imagine facing health emergencies in a foreign nation and the impact it would have on your finances, considering the currency difference and the extremely high cost of medical treatment abroad.
This is when having global health insurance comes to your rescue. A foreign health insurance plan provides wide coverage for medical treatments and bills that might cost double without any insurance.
However, that is not all about global health insurance plans; there are several other benefits, too. Read along to get to know them and also learn how to choose the right global health insurance.
Global Health Insurance Available With TATA AIG
| Policy Feature | Silver Plus | Platinum | Titanium Plus |
|---|---|---|---|
| Repatriation of remains | 25% of Sum Insured of Medical Expenses- Injury and/or Illness benefit | 25% of Sum Insured of Medical Expenses- Injury and/or Illness benefit | 25% of Sum Insured of Medical Expenses- Injury and/or Illness benefit |
| (over and above) | (over and above) | (over and above) | |
| Accidental death and dismemberment OVERSEAS | Sum Insured: $10000 | Sum Insured: $25000 | Sum Insured: $75,000 |
| Medical Expenses- Injury and/or Illness. Emergency medical evacuation | Unlimited Sum Insured with $100,000 Maximum liability - PED up to $5,000 sum insured. | Unlimited Sum Insured with $500,000 Maximum liability - PED up to $12,500 sum insured | Unlimited Sum Insured with $1,000,000 Maximum liability - PED up to $20,000 sum insured |
How to Choose Medical Insurance For Foreign Country?
Choosing the right global health insurance cover must be considered wisely. Here are some points to remember when choosing a global health policy.
Countries Covered
The first thing to consider when buying global health insurance is the countries covered. Some policies do not cover certain countries, so it is always wise to read the fine print to ensure the countries you want are covered. Avoid choosing policies that do not have a vast coverage network in multiple countries.
Insurance Coverage Amount
Make a considerate decision while choosing the insurance coverage amount. Go for a policy that provides adequate coverage for foreign medical expenses. But do not choose such a high coverage amount that the policy premium goes out of your budget.
** Coverage Provided**
Always look for foreign health insurance with cashless cover; it will save you the hassle of managing finances and allow you to focus on treatment. Moreover, make sure to check that your policy provider has tie-ups with foreign TPAs to handle your cashless claims and offer a seamless claim procedure.
Medical Procedures Covered
Another thing to check while buying global health insurance is the procedures covered under it. Most global insurance policies cover day-care expenses and in-patient hospitalisation costs. However, it is crucial to confirm that your foreign health insurance covers in-patient treatment and daycare up to the sum limit so that you can get maximum benefits.
Restoration Benefits
A restoration benefit in your foreign health insurance might be a great feature. This benefit means your sum insured value gets restored after a claim. It is great if you need frequent hospital visits or medical attention.
Also Read: Restoration Benefits in Health Insurance
Renewal Benefits
Choose a global health insurance coverage that has policy renewal benefits, such as annual health check-ups, cumulative bonuses, etc. All such benefits ensure that you get comprehensive coverage in a foreign country and maximum financial benefits.
Tax Benefits
Almost every global health insurance coverage provides tax benefits to the policyholder. You can avail of tax deductions of up to ₹25,000 as per Section 80D if you are below 60 years of age.
Restoration Benefits in Health Insurance
Advantages of Health Cover Abroad
Wider Medical Coverage
The purpose of having a global health insurance plan is to have wider medical coverage. It helps you get adequate medical assistance abroad. With this policy, you can get emergency services and hospitalisation care without causing you financial strain.
Pre-Existing Diseases Cover
Having global health insurance that covers pre-existing diseases is a great advantage. Suppose you are suffering from a chronic illness or have a history of critical illnesses. In that case, you must ensure that your global health covers emergency treatment in a foreign nation.
Also Read: Why Disclose Pre-Existing Diseases to Your Insurer?
Medical Evacuation Coverage
During emergencies, quick action is the only guarantee of safety. In case of emergency evacuation, ambulance or helicopter services are necessary. Availing these services in a foreign country costs a lot. However, this cost can be avoided if your foreign health insurance has medical evacuation coverage.
Hospitalisation Expenses Cover
A good global health insurance policy includes hospitalisation expenses for emergencies or planned surgery. Hospitalisation can occur due to any illness or accidental injury. This coverage not only helps you get medical attention at the right time but also saves you from financial worries during treatment.
Also Read: Health Insurance Pre-and-Post Hospitalisation Expenses
Diagnostics Tests
Running diagnostic tests for preventive measures or getting a second opinion can be quite expensive in foreign countries. However, choosing a global health insurance coverage with diagnostic test coverage can save you money and help you get the medical consultation on time.
Global Medical Insurance Exclusions To Remember
Any insurance claim arising due to suicide or attempted suicide, self-inflicted injuries or illness.
Injuries incurred while being under the influence of drugs or alcohol or other intoxicants.
A person participating in an actual riot, attempted felony, crime, misdemeanour or civil commotion.
Injuries incurred while operating or learning to operate an aircraft.
Any loss or injury incurred due to war, civil unrest, invasion, or act of a foreign enemy, hostilities, etc.
Radioactive, toxic, explosives or other dangerous properties of explosive nuclear equipment or any other part of equipment.
Performance of manual work for employment or any other potentially dangerous occupation.
Congenital anomalies or any other complications or conditions arising therefrom.
Any loss due to pregnancy or pregnancy-related complications.
Also Read: [9 Health Conditions Not Covered Under Health Insurance Policy](https://www.tataaig.com/knowledge-center/health-insurance/health-conditions-not-covered-under-health-insurance-policy
How Does Global Medical Insurance Work?
Global health insurance provides medical protection internationally. It allows you to get the best medical attention on time in case of sickness, injury, or accident while you are abroad. The best global health insurance plan provides sufficient coverage and includes crucial features such as medical evacuation coverage, OPD coverage, repatriation of remains and accident and sickness medical expense coverage.
The key to accessing all these benefits and services is choosing the right global health insurance coverage, which offers hassle-free claim processing and services in many countries.
Documents Required for Foreign Health Insurance Claim
Here are the documents required to initiate a global health insurance claim procedure.
Duly filled and signed insurance claim form
Your valid identification proof
Original documents of doctor’s consultation, diagnostics tests, medical prescription and hospitalisation
The original hospital, diagnostic, medicine and doctor’s bills with receipts
Investigation reports, medical case documents and discharge summary
Medico-legal case report (MLC), Police FIR or post-mortem reports (if applicable)
Bank statement or proof of named bank account cheque copy or passbook
How to Make a Claim for Your TATA AIG Health Cover Abroad?
If you have any claim-related questions, need to initiate a claim, or need to submit claim-related documents, you should contact our assistance company, Europ Assistance India.
For Excluding Americas Policies:
Contact Number: +91 – 022 68227600
Email Address: EA.TATAclaims@europ-assistance.in
For Americas Policies:
Contact Number: +1-833-440-1575 (Toll-free within US and Canada)
Email Address: tata.aig@europ-assistance.in
Summing Up
A foreign health insurance plan is a necessary investment that every Indian travelling or living abroad must make. With rising healthcare costs globally, you can ensure your safety with the best health insurance policy. Features like accident and sickness medical expense coverage, ambulance services, emergency evacuation, etc., help you get the right medical attention on time.
With the TATA AIG mediclaim policy, you get global coverage so that you can be physically safe and financially secure in a foreign nation. With our medical insurance plan, you not only get the best protection but also great support services. Our dedicated team of insurance experts are available 24/7 to provide you with assistance during emergencies in an unknown nation.
Also Read: Get Health Insurance for Students Online
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
Frequently Asked Questions
Other Topics
