US Customer Support
Reside Prime Insurance
- Certain Underwriters at Lloyds of London and Tramont Insurance Company Limited
- A (excellent) by AM Best
- Seven Corners
- US Citizens living overseas for a long period of time
- Foreigners looking for medical protection in home country and while traveling
- Applicant age between 14 days and 75 years are eligible for coverage
Unique Features
- $2.5 million lifetime maximum benefit
- No Coinsurance in US and Canada
- Avails optional coverage for additional ad & d expenses, dental expenses, adventure sports including mountaineering and amateur sports, hospital daily indemnity
- One policy period is 364 days
Advantages
- Enhanced benefits after 3 years of continuous coverage
- Per policy period deductible
Disadvantages
- 24 months waiting period for maternity, newborn
- 180 days limit for coverage in US in the 364 days period exceeding which the plan will be terminated
- After 3 years, the chosen deductible increases by $250
Coverage Example:
Policy maximum of the plan: $5,000,000
Deductible: $500
Coverage region: USA, claims incurred in the network hospital
First visit to the doctor due to sudden body pain and the expense incurred is $500
Second incident is a minor accident and get hospitalized and is undergoing surgery for which the expense is $1,00,000
Policy maximum of the plan: $5,000,000
Deductible: $500
Coverage region: USA, claims incurred in the network hospital
First visit to the doctor due to sudden body pain and the expense incurred is $500
Second incident is a minor accident and get hospitalized and is undergoing surgery for which the expense is $1,00,000
The following table shows the amount paid by the plan and the customer:
| Expense | Bill Amount | Customer pays | Plan Pays |
| First Visit to the Doctor due to body pain | $500 | $500 (Since the deductible is $500) | 0 |
| Minor Accidental hospitalization | |||
| Hospital Room and Board | $50,000 | $0 | $50,000 |
| Other expense | $50,000 | $0 | $50,000 |
| Total: | $1,00,500 | $500 | $1,00,000 |
The usage of deductible and coinsurance:
- First time you visit the doctor with sudden body pain the bill amounts to $500 for a filling
- You will have to pay the full $500 as the chosen deductible is $500
- A few months later, you meet with a minor accident and get hospitalized to undergo a surgery for $1,00,000
- The plan will pay 100% of co-insurance
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