The Hindu Business Line : ICICI Lombard ties up with AI

ICICI Lombard General Insurance Company has tied up with Air India to offer discounts to students travelling abroad for higher education. This tie up would enable students, who are having a valid Air India ticket, to avail themselves of the university compliant Student Medical Insurance at a special discount.

According to a press release, Mr Sudhir Menon, Head - Travel and Worksite, ICICI Lombard General Insurance, said, close to 1.2 lakh students travel to foreign universities each year, of which sixty per cent of the students travel to the US. Of these, only nine per cent take medical insurance.

"Though medical insurance is now made mandatory by universities abroad most students are usually unaware of comparable medical insurance offered in India at relatively lower cost, offering higher benefits," Mr Menon said.

The ICICI Lombard student medical insurance offers cashless hospitalisation services worldwide. In addition to the medical coverage, it also offers eight non medical covers like passport loss, baggage loss, personal accident cover, bail bond, compassionate visit, sponsor protection, study interruption and personal liability. The policy is extendable to the second year and thus covers the student for the entire period of study.

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