Can PIOs purchase Mediclaim policy?
People of Indian Origin having Foreign Nationality and residing in Foreign Countries.
Proposal would be under medical scheme only.
Policy in Indian Currency would be issued, only during their stay in India.
Report by designated LIC agents is compulsory.
Claim would be paid in India in Indian Currency only.
Maximum sum assured would be Rs. 50 lakhs and high risk plans and joint life plans are not allowed.
Please refer to Annexure-V for details such as residence extra and other restrictive conditions.
Location: God's own country
Posted on: 17-03-15 06:01:15
Jack,
It is a pain going with LIC. Also LIC premiums are quite high.
I am with HDFC. Premiums are less in cost.
Also I have heard that other companies like Max Newyork life and one other is offering the scheme.
Always Google and find out and be sure to contact the agent and ask him for confirmation.
You will also have to speak with his suprevisor to be doubly sure.
What I did is, I used Policybazzar(dot)com. Found the plan and then called them directly.
Murali
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I am a Gents and not a Ladies.
