Is it possible to cover foreign treatments via a medical insurance plan issued by an Indian insurer? Do I have to pay the premium in foreign currency?
—Srivats
Yes, now it is possible to cover foreign treatment using an Indian health insurance policy. A few insurers provide this facility for higher sum insured options. Generally, treatment outside India has some restrictions. For example, one of the plans specifies the illnesses for which treatment could be availed abroad. Another plan limits the number of days of travel outside India, when coverage will be valid. Premium for this cover is payable in Indian rupees only. You should check that you have opted for foreign treatment as a specific add-on or it is clearly specified in the policy. The standard mediclaim plan still restricts treatment only to India.