Insurance Cover For Overseas Treatment

New

India Assurance, the biggest public sector general insurance company, has come up with a new policy called New India Global Mediclaim Policy that covers the cost of being treated in overseas hospitals. Treatments covered under this policy include heart surgery, cancer therapy, neurosurgery, organ transplant and bone marrow transplant. Anyone with a domestic health insurance cover of

` 8 lakh and above from any insurance company is eligible for the new policy. The buyer can choose between a $500,000 cover for treatment in Asia or a $1 million health cover for overseas treatment anywhere in the world. However, there is a lifetime limit of $2 million. It enables the insured to get a second opinion from one of the world-leading medical centres, ensures cashless treatment and also covers travel cost up to $3,000 per person besides paying the travel cost of a companion.