Any Group/Association/Institution/Corporate body of more than 10 persons can take a group Mediclaim policy. In essence a group health insurance policy is an insurance cover applied for by the employer, with the Insurance Company. The employer would usually bear the entire premium or only a part of it.
If any accidental injury being the sole and direct cause (within 12 calendar months) results in Death/ Permanent total disability, 100% of the Sum Insured will be payable. For permanent partial disability and temporary total disability, the benefits vary from insurer to insurer. Also note that the policy operates on a worldwide basis.
This policy is for any Indian resident traveling abroad. A corporate frequent traveller can avail a single annual policy. It is mandatory in some Western countries for a visitor to their country to be covered by a Health Insurance Policy. In its absence, he may run the risk of repatriation or quarantining in the airport itself. Medical treatment is expensive overseas and can become a major financial problem in case of any emergency/ accident. Hence, this policy will come in handy in case of any medical trouble abroad.