Reliance Travel Insurance Plans

Reliance General Insurance Company Ltd.

Reliance General Insurance Company Ltd. is a part of the Reliance Group (the Anil Dhirubhai Ambani-led fraction). The company was founded in the year 2000 and offers car insurance, two wheeler insurance, health insurance, travel insurance and home insurance among other insurance policies to the Indian consumers.
The extensive portfolio of the leading Indian conglomerate has around 94 tailor-made insurance products. Reliance General Insurance has around 139 major offices in India that are located in all states and major cities of India. It has around 12,000 intermediaries and a vast network of brokers who are easy to access.

Reliance General Insurance: Performance Related Facts

Reliance travel insurance review yields some interesting and favorable facts for the company.

• The company earned a premium of INR 2, 715, 83 crores in the financial year 2014-15
• The company earned a profit of 6.67 crores in the financial year 6.67 crore
• It sold around 43 lakhs policies in the financial year 2014-15 and the numbers are only increasing exponentially each year.

Awards and Recognitions

Reliance General insurance and Reliance travel insurance India is recognized by DNV or Det Norske Veritas for its quality of products and services. The company is ISO 9001:2008 certified and has received the Best Product Innovation General Insurance Award (given by Fintelekt), Promising Brand of the year 2015 award (by Economic Times), the General Insurance Company of the year 2015 award (given at the Indian Insurance Award ceremony), and numerous other awards and recognitions.

Reliance Travel Insurance Policies

Reliance has 6 different travel insurance policies to offer, and all of these are tailor made in order to suit the individual needs of the customers. Below is a brief description and highlights of these policies.

Reliance Overseas Travel insurance

The international travel insurance policy for a family starts at just Rs 306, and the individual option is also available. It covers:

• Up to $500,000 sum insured
• All kinds of emergency medical expenditures that are incurred by the policy buyer or his /her family members. Coverage extends to include injury, illness, and death.
• Certain dental treatments
• Permanent disabilities
• “Loss of passport” and “baggage” related expenses
• Expenses towards flight delays third party liability
• Cash coverage when you lose money because of a theft during travel
• Home burglary losses when you are away on an overseas tour
• Hijack distress

Exclusions

The policy does not cover:

• Any pre-existing medical condition (life-threatening conditions are covered though)
• Expenses related to suicide, self-inflicted injuries, venereal diseases, AIDS, alcohol or drug abuse, anxiety/stress/depression, and mental disorders
• Travel when the physician has advised on the contrary
• Traveling for the purpose of getting treated
• When given a terminal prognosis towards any medical condition
• Loss of baggage or passport due to negligence when you left them unattended
• Loss of the checked baggage
• War or any kind of nuclear risk or threat

A maximum of 4 persons can be insured under the policy, out of which two will be the couple and 2 their dependent children.

Reliance Annual Multi-Trip Insurance

The comprehensive and one-time travel insurance policy is for those who travel multiple times during the year.

Coverage towards:

• The medical expenses incurred by you or your family members for treatment related to injury and illnesses, and death
• Certain dental treatments
• Permanent disability
• Delay in receiving the checked baggage
• Expenses incurred towards obtaining a new passport when the old one is lost
• Expenses incurred because of flight delays
• Third party liability
• Emergency cash when you lose money during travel because of theft
• Home burglary losses when you are away
• Hijack distress

Exclusions

• Any preexisting medical condition
• Travel when the physician has advised on the contrary
• Expenses related to suicide, self-inflicted injuries, venereal diseases, AIDS, alcohol or drug abuse, anxiety/stress/depression, and mental disorders
• Traveling for the purpose of getting treated
• On a waiting list for any pacified medical treatment
• Loss of the checked baggage
• When given a terminal prognosis towards any medical condition
• Loss of baggage or passport due to negligence when you left them unattended
• War or any kind of nuclear risk or threat

A maximum of 4 persons can be insured under the policy, out of which two will be the couple and 2 their dependent children.

Reliance Annual Multi-Trip Insurance

The comprehensive and one-time travel insurance policy is for those who travel multiple times during the year.

Coverage towards:

• The medical expenses incurred by you or your family members for treatment related to injury and illnesses, and death
• Certain dental treatments
• Permanent disability
• Delay in receiving the checked baggage
• Expenses incurred towards obtaining a new passport when the old one is lost
• Expenses incurred because of flight delays
• Third party liability
• Emergency cash when you lose money during travel because of theft
• Home burglary losses when you are away
• Hijack distress

Exclusions

• Any preexisting medical condition
• Travel when the physician has advised on the contrary
• Expenses related to suicide, self-inflicted injuries, venereal diseases, AIDS, alcohol or drug abuse, anxiety/stress/depression, and mental disorders
• Traveling for the purpose of getting treated
• On a waiting list for any pacified medical treatment
• Loss of the checked baggage
• When given a terminal prognosis towards any medical condition
• Loss of baggage or passport due to negligence when you left them unattended
• War or any kind of nuclear risk or threat

Reliance Senior Citizen Travel Insurance Policy

This policy is tailor-made for the senior citizens. Highlights of the policy include:

• Cashless hospitalization, no matter where in the world you travel
• No medical check-up is required till the upper age limit of 90 years
• The policy covers the pre-existing medical conditions as well
• Sum insured can be up to $500000

The Senior Citizen Insurance Policy covers:

• Emergency medical expenses related to injury, illness or death when you travel abroad
• Medical evacuation expenses
• Expenses related to the transfer of the mortal remains
• Certain dental treatments
• Expenses related to delay in flight, loss of passport and flight delay
• Third party liability
• Burglary at home while you are traveling overseas
• Others

Exclusions

Like the other Reliance General Insurance Senior Citizen Policies, the travel insurance policy does not cover:

• The pre-existing medical conditions
• The Schengen travel insurance for those who are above 80 years of age
• Expenses related to suicide attempts and suicide, self-inflicted injuries, mental disorders and anxiety/stress and/or depression
• Any travel that is conducted against physician advice
• Traveling for treatment purposes
• Loss of the checked baggage
• War/nuclear threat

Reliance Schengen Insurance Policy

The Schengen travel insurance policy is mandatory when you travel the Schengen countries, or the majority of European countries including France, Germany, Italy, Switzerland and Sweden among others. The highlights of the Reliance Travel Insurance Schengen policy are:

• A sum insured of Euro 30,000 (which is the Schengen Visa requirement)
• A single policy covers 26 Schengen countries
• No medical check-up is required for up to 80 years of age

Reliance Student Travel Insurance

Completing higher studies abroad is the most common dream if the Indian students. The student travel insurance policy insures a sum of up to $500,000 for a student who travels to the universities and colleges of US, Europe and other countries of the world. No medical test is required for buying the policy. The majority of coverage’s and exclusions of the Student Travel insurance policy are the same as the other policies that are offered by Reliance General Insurance Ltd.