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Reliance Insurance Plans Reliance Student Insurance Platinum Plan

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Reliance Travel Insurance

Reliance travel insurance review

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Sum Insured

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

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Claims settlement ratio **

42.31%

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Incurred claims ratio

39%

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Number of policies issued *

1,85,390

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Number of lives covered *

3,91,321

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Brochure

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Policy Wordings

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* As per IRDAI report   |   ** As per NL25 data published on the Insurance Company website

Reliance Student Platinum insurance review

  • Reliance student Platinum insurance benefits

    Reliance Platinum Deductibles
    Medical Expenses including transportation and evacuation
    500,000 50
    Dental Care Expenses
    500 50
    Personal Accident
    25,000 Nil
    2 way Compassionate Visit
    7,500 Nil
    Loss of Passport
    200 25
    Total Loss of Checked Baggage*
    1,000 100
    Personal Liability
    150,000 200
    Bail Bond
    5,000 50
    Study Interruption
    10,000 Nil
    Sponsor Protection
    10,000 Nil
    *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%
  • Key features of Reliance student Platinum insurance

    • Medical Expenses including transportation and evacuation up to 500,000
    • Pro-rata refund of premium if rejected by the University
    • University Waiver Form will be facilitated by us
    • Students already outside India can also buy the plan under special approval
    • Covers Bail bond, study interruption, sponsor protection, 2 way compassionate visit of a family person
    • US Dollars coverage while you pay in India Rupees

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.

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