NLGIC customises group insurance cover for Indian expat workers
National Life & General Insurance has customised it’s Voluntary Group Accident & Life Insurance for expat Indian workers in Oman at a cost as low as OMR15 for a policy term of 2 years
MUSCAT: The Sultanate of Oman is home to around 685,000 Indian expat workers. Many of them are blue collared workers and are in need of proper Life & health insurance cover, else could have a major financial impact for the worker and the sponsor, especially in case of an unfortunate accident, hospitalisation or death.
Looking at this, National Life & General Insurance Co (NLGIC) has customised it’s Voluntary Group Accident & Life Insurance for expat Indian workers in Oman at a cost as low as OMR15 for a policy term of 2 years. This covers medical expenses due to accident, disability due to accident and death due to an accident or any other cause including repatriation and air ticket cash grant. An amount of OMR5,000 is the insurance cover in case of accidental death under this plan.
Health insurance is also the need of the hour and especially hospitalisation expenses which often makes a big dent in the pocket and drains useful monetary resources. This could be especially devastating for the blue collared workers, where such unforeseen medical emergencies can become a big burden and put entire life and family out of balance and difficult to recover.
Medical insurance
NLGIC has offered Voluntary Group Medical Insurance at a premium of only OMR35 that takes care of hospitalisation expenses up to OMR2000 (approximately equal to Indian Rupees 350,000). The plan covers ICU/Drs. fees/Diagnostics/Lab tests/Medicines/ Physiotherapy in case of hospitalisation. The plan also offers to facilitate direct billing to the member for treatments in India with air transfer cost so that he can get proper treatment in India if required.
Indra Mani Pandey, the Ambassador of India to the Sultanate of Oman attended the occasion of the briefing of both the insurance plans that is a good step towards securing the life, accident and health insurance coverage.
Members from various social organisations of the Indian Diaspora were also present at the products’ briefing.
“Indian expat workers form a significant number of workforces in the Sultanate of Oman and it is our pleasure that we try our best to provide proper insurance cover at affordable premiums so that maximum expat workers are able to secure their future. As a company, we have always been providing life and health insurance policies ideally suited as per the needs and demands of the markets where we operate. I would like to thank the Ambassador of India to Oman and members of various social organisations of the Indian Diaspora and look forward to their valuable support as always in future too so that maximum people are able to avail our Voluntary Life/Accident & Medical Insurance customised for the Indian expat workers in Oman,” said S. Venkatachalam, CEO, National Life & General Insurance Co.
National Life & General Insurance Co. is the leader in health insurance in Oman and is now a major player in UAE and Kuwait.
The company has more than 2 decades of operational experiences that assures of capabilities and expertise to handle large group volumes. NLGIC has a network of 190 sales/service touch points across Oman, which can be reached easily to get insurance cover and associated services.
The company has tie-ups with a wide network of medical service providers and has a well-set inhouse claims settlement process to provide the customers with hassle-free claims experience.