GIC through its four subsidiaries in India is operating the following Medical Insurance Schemes approved by Reserve Bank for the benefit of resident Indians going abroad for certain approved purposes.

 	Scheme                                     Risk	                      Covered Premium						1.	Overseas Medical                       	Expenses on services			Insurance Scheme                        such as physicians			for Indians                             attention, hospital-	          In Indian		Travelling Abroad                       -isation, physician               rupees		for Business and                         ordered medical			other purposes	                         services, transport,			(OMIS)	                                 etc. incurred while				                                 the traveller is				                                 abroad are covered				                                 under the scheme.						2.	Overseas Mediclaim	                 Expenses incurred			Insurance Scheme	                 for sudden and	                 In Foreign		for Employment and	                 unexpected sickness	         Currency		Studies[OMIS(E&S)]	                 or accident while				                                 abroad are covered				                                 under the Scheme