Additional benefit to basic death/accident insurance
An amount additional to the basic death/personal accident benefit payable if the policyholder dies as a result of an accident or loses any two limbs or the sight in both eyes as the result of an accident.
A pre-existing disease/condition (PED) in health insurance terms is any ailment or disease that a person is already diagnosed or taking treatment for, anytime during 48 months prior to the date of purchasing health insurance.
Any and all illnesses or diseases
Any illness or disease, excluding any disease or illness for which medical treatment was recognised, advised, sought out, or should have been sought out, or received before the Policy Period.
The costs of medical treatments incurred towards an illness during travel within the territories stated in the Policy in a hospital or as prescribed by a Physician.
Trip during the policy period where the return trip must be within thirty (30) days after the Insured Journey commences.
Includes close family members in the same country
Policyholder’s spouse, children, children in law, siblings, siblings in law, parents, parents in law, grandparents, grandchildren, legal guardian, ward, aunts & uncles, nieces & nephews; living in the same country as the policyholder.
The date of accident/event which leads to a loss. For sickness, it is the first date of diagnosis, or the date the policyholder became aware of the sickness.
An amount or period of time for which the Insurer will not be responsible for the claim
The amount stated in the Policy as a percentage or a fixed amount for which the Insurer will not be responsible if the claim falls below such percentage or fixed amount, or a period of time for which the Insurer will not be responsible unless the period of time has expired.
The beneficiary is the individual that receives the benefit
In case of death, unless specified otherwise, Beneficiary means the individual, specified by the policyholder, to whom the benefits are given.
In case of other benefits, the policyholder themselves may be the beneficiary.
The amount payable for every twenty-four (24) continuous hours an Insured Person is in Hospital as an in-patient up to the maximum number of days stated in the Policy.
