ICICI Lombard Individual Overseas Travel Insurance – Ensuring Worriless Vacation Abroad

MUMBAI, August 30, 2012 /PRNewswire/ --

To ensure a stress-free vacation overseas, ICICI Lombard, India's leading private sector General Insurance Company, offers a comprehensive travel plan known as the Individual Overseas Travel Insurance. The policy along with providing health insurance, offers cover against a wide variety of common occurrences, especially while traveling overseas. 

Sleepless nights before traveling can be sheer excitement for some, while for others the thought of going abroad can bring many worries related to the travel. Finance and health are the two primary concerns for individuals planning any trip; whether domestic or international. ICICI Lombard's Individual Overseas Travel Insurance plan is an apt solution for the above mentioned apprehensions and worries. Taking care of the insured's emergency medical needs abroad, the policy provides coverage on listed medical and non-medical expenses that one may encounter abroad. Through the Individual Overseas Travel Insurance, the insured can avail cashless hospitalization facility at any of the company's network hospitals.

ICICI Lombard has a tie-up with the leading US-based healthcare provider, the United Health International, which takes care of the insured's bill settlement directly with the healthcare provider. Therefore, the insurer doesn't need to run around the hospitals to pay off the medical bills.

With ICICI Lombard's Individual Overseas Travel policy, the insured gets other essential covers like the Personal Accident cover, injury or sickness along with coverage for some unexpected exigencies like the loss or delay of checked-in baggage, flight delay and loss of passport. Besides the extensive coverage mentioned above, the Individual Overseas Travel Insurance plan also offers several additional advantages like financial emergency assistance where the insured is compensated in case of financial emergency arising due to theft, mugging, robbery etc. The policy also covers personal liability and gives 24*7 assistance; through dedicated toll free help lines.

Whether it be a iconic trip to New York City, trip to the Great Smoky National Park, beaches, theme parks in Florida, landscapes like Yellowstone, trekking or adventure ride of the great canyons of the United States, an Individual Overseas Travel Insurance policy is the final ingredient that one needs for a wholesome travel experience. Step out from the comfort of your home worriless and enjoy your vacation with ICICI Lombard's Individual Overseas Travel Insurance.

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