Oriental Pravasi Bharatiya Bima Yojana-2017

Oriental Pravasi Bharatiya Bima Yojana - 2017

The Pravasi Bharatiya Bima Yojana 2017 Policy can be availed by all Indian citizens who apply for and obtain emigration clearance and emigrants going abroad for employment purposes. The Pravasi Bharatiya Bima Yojana 2017 Insurance Policy, a product of Oriental Insurance*, offers death and medical coverage for the insured with varying sum assured amounts for different conditions. The policy can be taken for a minimum period of 2 and a maximum of 3 years. After that, the policy can be renewed during the period of the employment contract.

Type	Individual
Minimum Entry Age	Adult: 18 years Children: 21 years
Maximum Entry Age	60 years
Number of people covered	Individual, spouse and 2 dependent children.
Residential Status	Indian citizens and emigrants going overseas for employment have immigration clearance as per the Emigrants Act.

Coverage Offered

The Oriental Pravasi Bharatiya Bima Yojana 2017 Policy offers coverage for expenses incurred for the following:

Death or Permanent Disability
Hospital admission for a minimum of 24 hours
Pre-hospitalization for up to 30 days before hospitalization
Post-hospitalization expenses for up to 60 days in case of insured emigrant
Daycare treatment for listed procedures
Maternity cover to women emigrants
Telemedicine expenses
Advanced Surgeries and Modern Treatments
AYUSH treatments are covered without any sub-limit.
Cost of transporting mortal remains in case of death of the insured emigrant.
Repatriation expenses of insured emigrant
Legal expenses relating to the employment of insured emigrants

Inclusions of the plan

Given below are the other inclusions of the policy apart from the basic coverage.

The below procedures will be covered in the Oriental Pravasi Bharatiya Bima Yojana 2017 policyif treated as in-patient care or daycare procedure:

Uterine artery Embolization and HIFU
Balloon Sinuplasty
Deep Brain Stimulation
Immunotherapy
Oral Chemotherapy
IV Injections
Robotic Surgeries
Stereotactic Surgeries
Bronchial Thermoplasty
Vaporization of prostate
Stem Cell therapy

Expenses for Medical Advice from a medical practitioner, including the issue of prescription and follow-up prescription, are included.

Medical expenses incurred by the insured person for medical treatment due to an illness on a medical practitioner's advice.

Exclusions of the plan

The significant exclusions under the Oriental Pravasi Bharatiya Bima Yojana 2017 Policy are:

Treatment of pre-existing diseases
Investigation and diagnostic expenses
Cosmetic, plastic and similar surgeries
Infertility treatments
Obesity and weight loss treatments
Change of gender procedures
Excluded providers
Harm or injury caused due to hazardous or adventure sports
Cosmetic dental surgeries
Injury caused to breach of law or criminal activity.

Refer to the Policy document for a detailed exclusion list.

Features & Benefits

Given below are the significant features and benefits of the Oriental Pravasi Bharatiya Bima Yojana 2017 plan:

The Oriental Pravasi Bharatiya Bima Yojana 2017 Insurance policyis designed to aid emigrants by offering them appropriate health insurance cover while abroad for employment after obtaining emigration clearance.
An insurance cover of a minimum of Rs. 10 lakhs is payable to the nominee in case of death or permanent disability of the Indian emigrant.
The insurance policy is valid for a minimum period of 2 years or the actual employment period, whichever is longer.
The waiting period for pre-existing diseases is 48 months.
Cashless reimbursement benefit is offered in Network Hospitals if the treatment is taken in India.
The premium paid and the benefits received under this policy are eligible for tax deduction under section 80D of the Income Tax Act 1961*

*Tax benefit is subject to changes in tax laws

Cancellation of Policy

The company will allow cancellation of the policy if:

If a Pravasi Bharatiya Bima Yojana policyis in place with respect to the emigrant insured from another insurer or,
When the overseas journey is not undertaken subject to original passport production as proof, the insurance company will retain Rs.101 as cancellation charges.

Companies can also cancel the policy on the grounds of misrepresentation, non-disclosure of essential information or non-cooperation of the insured person. In this case, no premium will be refunded.

FAQs

Q. What is the process to buy Oriental Pravasi Bharatiya Bima Yojana 2017 policy?

Ans. To buy Oriental Insurance Health Insurance Pravasi Bharatiya Bima Yojana 2017 policy, the proposer must call the customer service number listed on the official website of Oriental Insurance or get in touch with an authorized insurance agent.
Q. Is there a Free-look period offered under this policy?

Ans. The free look period allowed under this policy is 30 days, within which the insured can return the policy if he is not satisfied with its terms and conditions.
Q. What are the renewal conditions for the OrientalPravasi Bharatiya Bima Yojana 2017 policy?

Ans. The policy can be renewed on all standard ground except for fraud, moral hazard, or misrepresentation by the insured person. No loading shall apply on renewals based on individual claim experience.
Q. What is the Grace period under this Oriental Insurance Health Insurancepolicy?

Ans. There is a 30 days' Grace period allowed under this policy in the event of delay in policy renewal. No coverage will be permitted during this period, and any disease contracted during this time will not be covered.
Q. Can the nominee be changed during the policy tenure?

Any change in the nominee's name must be communicated to the insurance company in writing, and such change will be effective only during policy endorsement.

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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##On ground claim assistance is available in 114 cities

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 Pravasi Bharatiya Bima Yojana-2017