Friday, August 04, 2006

ICICI Lombard, A-I tie up for cheaper student medical cover

Mumbai: ICICI Lombard and Air-India have entered into a tie-up to provide mandatory US bound students insurance almost at Rs 30,000 cheaper cost. This would enable students having a valid ticket of A-I to avail of the university compliant student medical insurance for a special rate. This is the first time A-I has tied up for such kind of insurance.
All US universities of higher education require their students to be covered for medical insurance. This insurance, when purchased at the university cost in the range of $1,000 or about Rs 45,000. ICICI Lombard issues tailor-made student medical insurance, according to the university requirement.
Such tailor-made policies which comply with the university requirements can be purchased by the students from ICICI Lombard for a cost in the range of approx. Rs 13,000. This gives the student a cost savings of over Rs 30,000.
04/08/06 Neelasri Barman/Financial Express
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