Travel Insurance

What is Travel Insurance?
So, you are a travel junkie and you live vacation to vacation! And you would wonder how a travel insurance would be of your help in your vacation? Well, a travel insurance would help you tackle all the travel and medical contingencies while you travel abroad. You might find buying a travel insurance silly, but it's better to be safe than sorry. Buying travel insurance would not only safeguard you from all the possible unforeseen situations but also help you cherish all the lovely memories of your stay abroad. It is utmost important to add best travel insurance to your checklist while you plan your vacation, be it for leisure or business. Travel insurance is gaining back all its lost significance. To avoid unforeseen conditions like flight delay, loss of baggage, loss of passport as well as medical emergencies, buying travel insurance becomes extremely necessary. It is also convenient and easy, as you can buy travel insurance online.

Key Features of the Best Travel Insurance Plans

  • Medical expenses - Offers coverage for any surgical or emergency medical treatment when you are away from home
  • Curtailment - Offers coverage for any trip that is shortened or cancelled due to a valid reason. This feature helps you to save a lot of money on cancellation of flights or hotel accommodation
  • Personal liability cover - Offers coverage if you damage some one's property or are liable for bodily injuries due to an accident
  • Loss of passport - Offers coverage towards expenses for replacing the original passport if robbed during your travel
  • Terrorism - Offers coverage for your medical and insured losses during an act of terrorism while your visit overseas
  • Repatriation of remains - Offers coverage for expenses to take the insured's mortals or human remains back to the home country

Benefits of Travel Insurance
MEDICAL BENEFITS
  • Emergency medical expenses & out-patient care
  • Personal accidents
  • Medical evacuation

TRAVEL BENEFITS
  • Trip cancellations
  • Trip delays
  • Missed connecting flights

BAGGAGE BENEFITS
  • Baggage Loss
  • Baggage Delay

ADDITIONAL BENEFITS
  • Loss of passport
  • Personal liability to cover injury to third party
  • Emergency cash advances

Inclusions and Exclusions in Travel Insurance
So, once you buy a travel insurance plan, not necessary anything and everything would be covered. Mentioned below are certain things that would be covered and some that wouldn’t be covered under a travel insurance plan. Let’s have a look at them:

International Travel Insurance
INCLUSIONS
  • Loss of baggage/personal documents
  • Loss or delay of checked documents
  • Emergency medical expenses/medical evacuation
  • Repatriation of human remains
  • Emergency dental expenses
  • Hospital cash allowance
  • Accidental death/ permanent total disability
  • Personal liability
  • Hijack distress allowance
  • Financial emergency assistance
  • Compassionate visit
  • Trip delays/missed flight connection
  • Return of minor child

Student Travel Insurance
INCLUSIONS
  • Emergency dental/medical expenses
  • Accidental death/permanent disability
  • Loss of passport/checked luggage
  • Personal liability
  • Sponsor protection
  • Study interruption
  • Medical examination
  • Bail bond

Family/Senior Citizen/Corporate Travel Insurance
INCLUSIONS
  • Emergency medical expenses/medical evacuation/ dental expenses
  • Loss of baggage/personal documents
  • Loss or delay of checked documents
  • Home burglary
  • Loss of passport/checked luggage
  • Personal liability
  • Hospital cash
  • Trip delays/missed flight connection

Schengen Travel Insurance
INCLUSIONS
  • Emergency medical expenses/medical evacuation/ dental expenses
  • Repatriation of human remains
  • Accidental death/permanent disability
  • Loss of checked-in- luggage
  • Loss of passport
  • Reimbursement of expenses family member visiting the insured if hospitalized for a week

Eligibility Criteria for Travel Insurance Plans
  • International travel insurance - offers coverage for 2 adults up to 60 years and 2 children up to 21 years.
  • Family travel insurance - offers coverage for 2 adults up to 60 years and 2 children up to 21 years.
  • Student travel insurance - offers coverage for students aged between 16 and 34/40 who wish to travel abroad for higher studies.
  • Senior citizen travel insurance - offers coverage to senior citizens aged up to 85 years. These senior citizens do not have to go through a medical test.
  • Schengen travel insurance - offers coverage for adults up to 70 years and new-born babies over 90 days. However, the travel should be only business or tourism.

Why Do You Need Travel Insurance?
There are chances that you might come across some unforeseen situations in a foreign land. To tackle such emergencies, especially in unfamiliar surroundings, it becomes important to buy the best travel insurance plan. Travel insurance safeguards you financially from situations like hijack, theft, sickness etc. The cost of such emergencies abroad would rip you off completely without a good travel insurance plan.

Mentioned below are the reasons why you should buy a travel insurance plan:
  • Compensation for flight delays, trip delays, etc.,
  • Compensation of expenses with regards to trip termination
  • Medical treatments, hospitalization and hotel accommodation for medical emergencies
  • Customized plans, according to the destination they are travelling to
  • Cover for personal liabilities, accidental death, travel delays, legal expenses, dental treatments, repatriation and emergency reunion
  • 24/7 customer service support to policyholders and assistance for loss of documents, accidents, etc.
  • So, wait no more and buy travel insurance online and become worry-free.

What Makes Comparison of Travel Insurance Important?
Travel insurance plans offer coverage from all possible emergency crisis during transit. Different insurers form their own best travel insurance plans on certain parameters. Those parameters could vary from one plan to another. You must compare travel insurance, as this would help you understand if the features and benefit of your chosen travel insurance plan align well enough with your requirements and preferences. If you compare travel insurance policies, you would get the best travel insurance plan that is not only pocket-friendly but at the same time also provides adequate coverage for loss of baggage, trip delays, or even personal accident. It is good to have several quotations in front of your eyes, their advantages, terms and conditions. It can help you compare, shortlist and nail down the best travel insurance policy that is suitable for you. Once you complete your comparison you can then buy travel insurance online.
Key Things to Consider Before You Compare Travel Insurance Plans

Make sure your travel insurance policy gives you the ultimate carefree journey. You should compare travel insurance plans for:
  • Pre-existing Medical Conditions: Check the terms that each insurance provider has about pre-existing conditions.
  • Limits on Trip Duration: If you are traveling abroad, for how many consecutive days would you be covered? That's one of the questions you need to ask yourself when comparing plans. If you exceed the pre-determined limit even a single day, it could invalidate your insurance plan.
  • Levels of Cover: Figure out what your needs are and how much cover would serve the purpose of purchasing a travel insurance.
  • Sports and action-packed holiday: If you are an adrenaline-junkie and engaging in risky sports or activities during your trip is on your mind, get covered for that as well.
  • Personal belongings: If you are negligent, your insurer could refuse to compensate upfront. Most policies only cover theft or accidental loss of cash if you were pick-pocketed or it was sneaked from your safe deposit locker in your room.
  • Flight cancellations: You are all set to fly on a dream journey, but due to illness your trip is cancelled. Your travel insurance can cover your cancellation expenses.
  • Missed flight: It may not be your fault if you miss a flight, but ensure your insurer covers you for a new flight.
  • Exclusions: Sometimes certain destinations could be excluded from your policy. Compare policies to check if they cover destinations that you would most likely be your weekend getaway.
  • Additional benefits: Make your travel insurance policy more appealing by adding extra benefits such as free support, easy approval, hassle-free claim process, free cover for children