Oriental Insurance in association with Federal Bank has launched a new insurance scheme, Fed Oriental Pravasi Insurance, for its new NRI customers.
The insurance covers NRI customers’ hospitalization expenses arising from unforeseen eventualities such as repatriation and accidents. The scheme provides cashless treatment facility at more than 3000 hospitals pan India.
The coverage can be availed by all new Federal Bank NRI customers, who maintain a minimum balance of INR5,000 or more.
The scheme also offers overseas treatment in recognized hospitals, medical floater cover for family in the event of death or disability of the insured as well as economy class airfare for a dependent or bystander in case of accident or airlifting along with the patient.