Oriental PBBY Policy

A comprehensive health insurance policy is always required to fulfill the medical requirements outside India. Oriental PBBY 2017, also known as the Pravasi Bharatiya Bima Yojana is one such policy that covers hospitalization expenses arising from accidental deaths. The policy also compensates for disability, and maternity healthcare. The insurance plan aims to protect Indian emigration workers' interests, who require efficient financial coverage for their health care needs.

Eligibility Criteria

To avail this policy, one must consider the following eligibility conditions first:

Type	Individual or Family Floater
Minimum Entry Age	18 years
Maximum Entry Age	Subject to emigration clearance
Number of people covered	Individual, spouse, and dependent children less than 21 years of age
Residential Status	Citizens of India migrating overseas (cleared emigration)

Coverage Offered

As a mandatory health insurance is required upon emigration clearance, ifone buy Oriental PBBY 2017, he/she can avail the policy as individual and family floater basis with sum insured options depending on the coverage, ranging from Rs 35,000 to Rs 10 lakh.

The basic coverage is as follows:

Accidental Death or Disability Cover-In the event of the insured's death or disability, a sum insured of Rs 10 lakh is offered irrespective of employer or location.
Family Floater Hospitalization Cover- The insured's family is entitled to hospitalization cover of Rs 50,000 per annum (maximum of Rs 1 lakh). This includes daycare treatment, room accommodation and ICU charges, expenses for the surgeon, medical practitioner and anesthetist, charges for blood transfusion, oxygen, X-ray, dialysis, chemotherapy, pacemaker, artificial limbs, etc.
Pre-hospitalization - Till 30 days prior to admission
Post-hospitalization – Till 60 days following discharge
Maternity Cover- This is offered to female migrants amounting to Rs 35,000 for a normal delivery (or legal abortion) and Rs 50,000 for Caesarean birth. It is valid for up to two children.
AYUSH Treatment Cover- Treatment taken under Ayurveda, Homeopathy, Naturopathy, Unani and Siddha is covered, provided the medical institute is duly accredited and allows the insurance provider to access patient records.

Inclusions of this Plan

Besides the basic coverage, Oriental PBBY 2017 insurance policy includes the following:

Coverage for the Repatriation of the Remains-In the event of death or disability of the employer, the expenses for the transportation of the remains to the residence will be covered.
Legal Expenses- In case the insured wishes to take legal recourse against the employer, such expenses will be included up to Rs 45,000.

Exclusions of the Plan

The following are excluded from coverage under Oriental PBBY 2017:

Injuries due to self-harm or suicide
Aviation activity or adventure sports
HIV/AIDS and sexually transmitted ailments
Damage due to war or violence in the emigrated country
Cosmetic surgery and vaccination
Alcohol or drug abuse
Dental treatment
Genetic disorders and stem cell therapy
Obesity and weight management
De-addiction treatment
Deportation of emigrants
Congenital disorders

For a complete list of exclusions, please refer to the policy document.

Features & Benefits of the Oriental PBBY 2017 Insurance Policy

Some of the salient features of this policy are:

Hospitalization benefit for the family of insured
Maternity benefit for natural and Caesarean births
Specific sum insured with coverage for each health parameter
Repatriation and airfare expenses in the event of death, disability, or termination of employment in the first 12 months due to medical issues
One-way airfare coverage for return to India in the event of a change in employment terms or premature termination of services upon overseas travel
The validity of insurance during India visit during the policy period
Online Oriental PBBY 2017 renewal upon policy expiration
Certificate of disability or death provided by Indian High Commissions overseas acceptable as legal documents for claims
Upon extension of employee contract, policy renewal provided as required.

Cancellation Terms of the Policy

The cancellation of Oriental PBBY, 2017 health insurance occurs due to the following conditions -

The duration of the free look period is 30 days. Cancellation in this period is permitted if –
- Returning the policy documents if terms not acceptable
- Not making claims for a medical emergency

In the case of concealment or misreporting information by the insured that affects policy coverage and terms, the insurer may cancel the policy.
Policy termination upon expiry, or the end of employment contract resulting in a return to India

Policy cancellation in the free look period results in the refund of the premium payment.

FAQs

Q. How is the claims procedure carried out for Oriental PBBY 2017 health insurance?

Ans: The insured or nominee is required to notify the insurance provider within a period of 30 days. The claim form is to be duly filled and submitted with the specified documents. The payment will be issued in Indian rupees.
Q.Is Orient PBBY 2017 valid for claiming tax benefits?

Ans: As per policy guidelines, service tax is levied on the premium paid, considering it is an emigration insurance plan. Therefore, the policy does not provide tax benefits.
Q. What is the procedure to purchase online Orient PBBY 2017?

Ans: Presently, the provision to buy Orient PBBY 2017 online does not exist. Please contact the insurance provider through telephone or email for more details. Alternately, the proposal form is available on the website of the insurance provider for download. This can be submitted to the nearest branch office.
Q. What is the policy tenure of Orient PBBY 2017?

Ans: Once purchased, the policy lasts for a period of 2 or 3 years (as opted) from the date of commencement.
Q.Is a grace period offered for the policy?

Ans: For premium payment without penalty, a grace period of 30 days is offered. However, the policy will be regarded as non-active in this period. Consequently, no coverage will be provided till clearance of the outstanding dues.

Policybazaar exclusive benefits

30 minutes claim support*(In 120+ cities)
Relationship manager For every customer
24*7 claims assistance In 30 mins. guaranteed*
Instant policy issuance No medical tests*

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*We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

*Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

*All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

**All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

*₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

*₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

*₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

*₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

*₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

*₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

*₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

*No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

*The values taken for effective cost calculation are indicative values and may change as per the selected plan.

*Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

*Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

*The scope of coverage may vary from plan to plan.

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Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

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Oriental PBBY Policy