Loading...
Loading...
IFFCO Tokio Pravasi Bharatiya Bima Yojana (PBBY) is a specialised insurance policy for eligible Indian emigrant workers travelling abroad for employment. Unlike a standard holiday travel policy, it focuses on risks associated with overseas employment and provides specified financial protection for the insured worker and, in defined circumstances, their family. The insurer lists personal accident cover up to ₹10 lakh for accidental death or permanent disability subject to the policy conditions. It also provides specified hospitalisation benefits, repatriation of mortal remains and eligible transportation expenses when employment is prematurely terminated. Additional benefits listed by the insurer include employment-related litigation expenses, family hospitalisation in India under qualifying circumstances and maternity expenses for eligible women emigrants. Eligibility depends on the applicable emigrant category, passport and emigration requirements, employment details and policy wording, so applicants should verify their eligibility and the current schedule before purchasing.
Employment-focused protection including personal accident, hospitalisation and eligible repatriation benefits
PBBY is intended for a specific group of overseas workers rather than general tourists. Its main strength is the combination of personal accident protection and defined employment-related benefits, including eligible hospitalisation, repatriation and certain return transportation expenses. The insurer advertises personal accident cover up to ₹10 lakh, but the claim must meet the policy definitions and conditions. Family hospitalisation and maternity benefits have separate eligibility rules and limits, and should not be treated as unrestricted family health insurance. Applicants should verify whether they fall within the eligible emigrant category, ensure that the employment and destination details match the proposal and schedule, and read the exclusions carefully. The current premium and exact benefits should be confirmed directly with IFFCO Tokio before payment.
IFFCO Tokio
Key Insights
Founded
2000
IFFCO Tokio was established 26 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
96.5% CSR, calculated as a 3-year average
IFFCO Tokio settles 96.5% of all claims it receives, demonstrating strong credibility.
Contact Details
1800-103-5490
Headquarters: IFFCO Tower II, Plot No. 3, Sector – 29, Gurugram – 122001, Haryana, India
The policy lists compensation up to ₹10 lakh for accidental death or permanent disability meeting the policy conditions.
The policy wording includes conditions relating to the accident, disability and loss of overseas employment.
Eligible inpatient hospitalisation expenses arising from a covered injury or sickness are listed.
The insurer lists an overall limit of ₹1 lakh and a maximum of ₹50,000 per hospitalisation instance on its product page.
Eligible transportation expenses for returning the insured person’s mortal remains to India are covered under the policy conditions.
The insurer also lists return airfare for one attendant, subject to requirements and documentation.
A one-way economy airfare to an Indian international airport is listed in the event of qualifying premature termination of employment.
Eligibility and the circumstances of termination are governed by the policy wording.
The policy lists assistance with specified legal expenses arising directly from employment-related legal action.
Check the applicable limit in the current policy schedule; published website materials show differing amounts.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
IFFCO Tokio plans and claim process
PBBY is an insurance policy designed for eligible Indian emigrant workers travelling abroad for employment. It provides specified personal accident and employment-related benefits under its policy terms.
Eligibility depends on the applicable emigrant category and policy requirements. The insurer’s published prospectus describes cover for qualifying emigrants who obtain the policy before leaving India and whose passport is endorsed as Emigration Check Required. Confirm the current requirements with the insurer.
The insurer advertises personal accident cover up to ₹10 lakh for qualifying accidental death or permanent disability, subject to the policy wording.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official IFFCO Tokio website before purchasing.
Official Website
iffcotokio.co.in
Visit the official IFFCO Tokio website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
The insurer lists hospitalisation expenses up to ₹1 lakh, with a maximum of ₹50,000 for a single hospitalisation instance on its product page. Eligibility and reimbursement conditions apply.
Specified maternity expenses are listed for eligible women emigrants. The applicable limit depends on the type of delivery and the current policy schedule.
The insurer lists one-way economy airfare to an Indian international airport for qualifying premature termination of employment. The reason and circumstances must meet the policy conditions.
Yes, specified litigation expenses related directly to employment are listed. Confirm the current limit and claim requirements in the policy schedule.
Specified family hospitalisation benefits in India may apply to an eligible spouse and children following a qualifying event affecting the insured worker. This is not unrestricted family health insurance; conditions and limits apply.
The premium depends on the current policy term and insurer’s applicable rates. Older published materials show example premiums for two- and three-year cover, but you should confirm the current quote directly with IFFCO Tokio.
PBBY is designed for qualifying emigrant workers travelling overseas for employment, not ordinary holiday travellers. Tourists should compare the insurer’s standard international travel insurance products instead.