Reliance Student Insurance Basic plan

Reliance Student Basic Insurance offers excellent comprehensive overseas student medical insurance for Indian students pursuing academic courses abroad with a minimum age of 16 years and a maximum age of 35 years.

Entire Premium Refunded if Rejected by University
Offer School Waiver Form
Personalized support provided

Reliance travel insurance review

Sum Insured

USD 50,000/ 100,000 / 250,000 / 500,000

Claims settlement ratio **

42.31%

Incurred claims ratio

39%

Number of policies issued *

1,85,390

Number of lives covered *

3,91,321

Brochure

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Policy Wordings

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* As per IRDAI report for 2018-19 | ** As per NL25 data published on the Insurance Company website

Reliance Student Basic insurance review

Reliance student basic insurance benefits

Reliance Basic	Deductibles
Personal Accident
25,000	Nil
2 way Compassionate Visit
7,500	Nil
Loss of Passport
100	25
Total Loss of Checked Baggage*
1,000	100
Personal Liability
100,000	200
Bail Bond
1,000	50
Study Interruption
10,000	Nil
Sponsor Protection
10,000	Nil
Medical Expenses including transportation and evacuation
NA	NA
Dental Care Expenses
NA	NA
*Total loss of checked baggage-Maximum amount payable per checked in baggage in case more than one bag has been checked in , is 50% (100% for only one checked in baggage ) of applicable sum insured and per item in baggage max 10%

Exclusions of Reliance Student Basic insurance policy

Policy Exclusions
Basic Plan (Not Covered)
- Medical Expenses including transportation and evacuation
- Dental Care Expenses
Exclusions
- This Policy does not cover:
- Events occurring before the start/outside policy period
- Medical treatment abroad being the sole reason or one of the reasons for temporary stay abroad
- Any claim if the Insured Person
       is traveling against the advice of a physician
       is receiving, or is on a waiting list to receive, specified medical treatment
       has received terminal prognosis for a medical condition
       is taking part in a naval, military or air force operation
- Deductibles as specified in the Schedule
- Any claim arising out of diseases, illnesses or accidents that the Insured Person has caused intentionally or by committing a crime or under the influence of intoxication
- Any claim arising out of mental disorder, anxiety, stress, depression, venereal disease or any loss attributable to HIV or any related illness or mutant derivative or variations
- War and nuclear perils or Any act of terrorism
- Any claim arising out of sporting activities of professional or semi-professional nature, unless declared beforehand & additional premium paid

Reliance student insurance policy features

Medical Expenses including transportation and evacuation

The Company takes care of emergency medical expenses incurred by the Insured / Insured Person whilst abroad, for any sudden disease, illness, injury or death, with cashless facility. The Company will reimburse emergency expenses towards medical evacuation to India. It also covers the cost of transporting the mortal remains of the deceased back home or the costs towards burial abroad, in case of one's untimely demise.

Dental Care Expenses

The Company covers dental expenses incurred by the Insured / Insured Person for any acute anesthetic treatment of a natural tooth or teeth during a trip due to an injury.

Personal Accident

The Company shall pay compensation if the Insured / Insured Person unfortunately sustain accidental bodily injury during the trip.

Accidental Death and Dismemberment-Common Carrier

The Company shall pay compensation for injury sustained by Insured, which results in loss of life or permanent disability while riding as a passenger in any common carrier.

Two way Compassionate Visit

The company will reimburse the return fare for an immediate family member to visit you or for you to visit your family member in case of hospitalisation extending to more than seven consecutive days.

Loss of Passport

The Company will reimburse actual expenses incurred for obtaining a duplicate or fresh passport in the event of a loss

Total Loss of Checked Baggage

The Company shall compensate the Insured / Insured Person for the total loss of checked-in baggage caused by a carrier.

Personal Liability

The Company offers compensation for liability / damages paid to a third party, resulting from death, injury or damage to health or property that is caused involuntarily by the Insured / Insured Person abroad.

Bail Bond

The Company will arrange to pay the bail amount to the appropriate authority / court, on behalf of the insured person if the person have been arrested or detained by police or judicial authorities for any bailable offence whilst abroad.

Study Interruption

If the Insured Persons education abroad has been interrupted on account of a medical condition, the company will reimburse the current semester fee already paid.

Sponsor protection

In case the sponsor, who is taking care of the Insured Person tuition fees is injured resulting in his demise, the Company will reimburse the tuition fees.