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Mr. Khalid Sohail, Head Travel Services at Tata AIG says "NRIOL has been one of our key partners in India for the past 5 years and has been pivotal in providing Tata AIG customers an opportunity to purchase their Travel policies online". |
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TATA AIG Insurance India
Tata AIG General Insurance Company Limited (Tata AIG General) is a joint venture company, formed by the Tata Group and American International Group, Inc. (AIG). TATA AIG offers Travel Insurance, Home Insurance, Motor Insurance and Accident Insurance.
Tips for choosing a Policy
Choosing a right policy from a right insurer can make all the difference and here are few tips for buying a travel insurance policy:
Mode of claim settlement
Choose the insurance company, which settles mostly through direct payment to the hospitals rather than reimbursing the expenses. TATA AIG offers direct billing in the case of hospitalisation. The customer should call the toll free number which is on the policy document, and the customer support team will facilitate the direct billing with the hospital authorities. Check for the international help line
Check if there is any help line/helpdesk, which can be contacted in case of an emergency. Deductible
Deductible is the amount of the loss which the insured has to bear in each and every claim.Insurance company shall be liable only when the amount of loss exceeds the 'deductible'. Eg: A policy with Rs.100 deductible would mean that policyholder has to bear Rs.100 of each and every claim under the policy. You may choose a higher deductible to lower your premium. But it is not advisable to opt for a higher deductible to reduce the premium outgo.
One should make an informed decision by giving due consideration to policy coverage, service offered by insurer and such other aspects discussed above rather than basing the decision solely on the premium outgo. And one should know that no decision is an informed decision unless that decision is based on the correct and complete understanding of the policy wordings.
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