ICICI Lombard Offers Fresh Approach for Students With Overseas Student Travel Insurance

MUMBAI, August 1, 2012 /PRNewswire/ --

ICICI Lombard General Insurance Company Limited, India's largest private sector general insurance company, recognised for its quality products and services offers a fresh approach to all students planning a trip abroad for further studies.

Studying and living abroad may sound thrilling and exciting. But, before signing up for the exciting days ahead, it is a must for all students to chalk out a plan that can help them remain at peace all throughout their study abroad. It is imperative that the students prepare a comprehensive checklist and ensure completion of all the important tasks required for a smooth transition from their home town to the study town abroad.

• Once the admission is granted and the course is decided, one should consider checking the costing, application requirement, research on university offer, etc.
• Aspiring students should gather all the necessary information from ex-students of the concerned university and get in touch with the teachers, etc. in order to familiarise with the culture, language and way of living.
• One should apply for credit cards and passport well in advance.
• Students should definitely go for a comprehensive health check-up and above all choose a comprehensive travel plan that suits their own as well as the university's requirements.

ICICI Lombard's Overseas Student Travel Insurance is a comprehensive plan designed to offer students a safe and secured stay abroad. Given the fact that rising medical and travel costs abroad can burn a hole in the pocket, this insurance policy is not just pocket friendly, but it can also be purchased at one-third the cost online than the insurance plans offered abroad by the universities.

This online travel insurance policy is also accepted by most of the universities abroad as a substitute to the existing insurance plan offered by the university. This plan can provide cover on listed medical and non-medical services. Through this plan you are eligible to get cover even in times or situations that interrupt studies.

To enroll for the Overseas Student Insurance, one can visit ICICI Lombard's website (www.icicilombard.com) to choose a suitable plan and immediately buy or renew the policy online. An individual can also chat with the customer service team or make a call on the toll free helpline, 1800-2666 for further support.

To avail and know more about the ICICI Lombard's Overseas Student Travel Insurance policy, you can visit icicilombard.com

About ICICI Lombard General Insurance Company Ltd.

ICICI Lombard GIC Ltd. is a joint venture between ICICI Bank Limited, India's second largest bank with consolidated total assets of over USD 91 billion at March 31, 2012 and Fairfax Financial Holdings Limited, a Canada based USD 30 billion diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management.

ICICI Lombard GIC Ltd. is the largest private sector general insurance company in India with a Gross Written Premium (GWP) of Rs. 5,358 crore for the year ended March 31, 2012. The company issued over 76 lakh policies and settled over 44 lakh claims and has a claim disposal ratio of 99% (percentage of claims settled against claims reported) as on March 31, 2012.

The company has been conferred the "Golden Peacock Award 2012" for Corporate Social Responsibility, "Golden Peacock Innovation Award-2010" for Rashtriya Swasthya Bima Yojana. It also received the "Skoch Financial Inclusion Award-2011" in the micro finance category. The company has been conferred with 'NASSCOM - CNBC TV18 IT User Award 2010' for Best Technology Implementation in the Insurance Sector. It has been awarded CNBC Awaaz Consumer Award 2010 for being the 'most preferred brand' in the General Insurance category. ICICI Lombard Auto Insurance has been rated highest in customer satisfaction by J.D. Power Asia Pacific in India among 11 auto insurance providers. It was awarded Customer and Brand Loyalty award in the 'Insurance Sector - Non-Life' at the 3rd Loyalty awards, 2010 and the 'General Insurance Company of the Year' at the 11th Asia Insurance Industry Awards. The company also won the NDTV Profit Business Leadership Award 2007 and was adjudged as the most Customer Responsive Company in the Insurance category at the Economic Times Avaya Global Connect Customer Responsiveness Award 2006. It has the Gold Shield for 'Excellence in Financial Reporting' by the ICAI (Institute of Chartered Accountants of India) for the year ended March 31, 2006.

ICICI Lombard allows instant policy issuance and renewal through its website www.icicilombard.com for all retail insurance products including Car Insurance, Health Insurance, Travel Insurance, Two Wheeler Insurance and Home Insurance. There are multiple payment options available including internet banking, credit card, debit card and cash card.

For more details about the company, log on to the website www.icicilombard.com

Primary Media Contact: Sulakshna Mukherjee, [email protected], 91-99204 04708

Secondary Media Contact: Suheil Merchant, [email protected], 91-96191 85081