PIU Group Major Medical insurance is suitable for groups of foreign nationals visiting the U.S., U.S. citizens residing or traveling outside the U.S., or foreign nationals who reside outside the U.S. and work for a USA firm.
You can get the policy maximum from $25,000 To $1,000,000 per person. You can get the deductible choices from $100 to $2,500 or more.
For any eligible medical expenses, you will have to first pay the deductible. After that the plan pays 80% of next $5,000 in eligible expenses, and then 100% to the policy maximum. However, there are per day limits for hospital room & board and ICU charges. Please review the brochure for complete details.
PIU Group Major Medical insurance can be used for business assignments, pleasure, educational pursuits or religious activities. PIU Group Major Medical insurance is available for short term, long term or multiple trips.
For elder ages, the policy maximum is limited to lower amounts. For 70-74, the limit is $250,000, for 75-79, the limit is $100,000 and for 80-84, the limit is $50,000.
PIU Group Major Medical insurance is administered by Petersen International Underwriters and is underwritten by Lloyd's, that is rated A "Excellent" by A.M. Best.
There are many exclusions in the plan, just like any other group medical insurance. Please make sure to review the brochure for details.
In addition to the medical expenses, you can also get coverage for repatriation of remains, common accident provision and global medical transportation coverage.
Even though the above description is a standard description of coverage, it can be altered on a case by case basis.