Travel-Insurance

Travel Insurance, is a remarkable facility, which is offered by insurance providers in India to secure you against any unforeseen events that may occur while you are travelling abroad. Take off from India with a valid travel insurance policy & explore the world without worry makes it easy.

Buying a comprehensive trip insurance policy will secure you from any loss/damage incurred, which would create a financial burden otherwise. It will essentially secure you and provide you cover under the following circumstances:

• ■ Medical Expenses
• ■ Personal Accident
• ■ Loss of Passport
• ■ Loss of Checked-in Baggage
• ■ Theft/Loss of Personal Belongings

While travelling abroad, you surely would want to come back home with a bucket of happy memories. Right from your first flight to the stay and to the return journey, you can ensure a safe and hassle-free journey with a travel policy that comes to your rescue under any adversities.

While you are planning your next trip, ensure that you buy a comprehensive trip insurance policy, which will provide you with compensation in case of any unfortunate accidents/mishap occurred during the journey. Troubles on foreign soil do not sound exciting. Besides, when it comes to uncertainties there is surely no end to it. Right from any natural calamity, man-made calamity to any malevolent act, a traveller can witness any of it at any point of time. In case you encounter such risky situations, it can drain you financially, physically and emotionally unless you have a trip insurance policy.

A famous saying goes if you cannot afford travel insurance policy then you cannot afford travelling. This is apt as eventualities do not come knocking. While planning your next trip itinerary, buying insurance for your journey needs to be on the priority list.

Remember, insurance is an investment, and when you buy a travel policy online, you are investing for the benefit of yourself and your loved ones.

So, get, set and go. Compare & buy a travel insurance policy online sitting in your comfort zone and customize it based on your requirements.

Do not take off until you are insured.

Key Features of Travel Insurance Policies in India

A travel policy is designed to cater to the needs of every traveller whether flying domestically or internationally and safeguard them against any financial loss in case of unforeseen event/mishap. Today, having so many alternatives available in the market, let us have a look at the key features of a travel insurance policy provided by insurance companies in India:

• ■Emergency Hospitalization & Medical Treatment - Nobody can rule out the possibility of a medical emergency while travelling. By insuring your journey, you can stay assured as all your hospitalization and treatment expenses will be taken care of by your insurer.
• ■Compensation for Flight-Related Adversities - Facing any adversities related to your flight is very common and chances of facing it increase if you are travelling abroad. Whether there has been a flight delay leading to a missed connecting flight or your check-in baggage has been lost or delayed by your airline, your insurer will compensate for the losses you have incurred.
• ■Cashless Hospitalization Facility - If you get hospitalized or are availing medical treatment at an empanelled hospital of your insurer, you can receive cashless service in which all your medical bills will be settled directly by your insurer. You would not have to pay up the hospital for any covered treatment.
• ■Customized Policies for Senior Citizens - While travelling, the needs of senior citizens are way different from the needs of other kinds of travellers. Taking cognizance of this fact, most insurance companies offer customized trip insurance policies for elderly people who are travelling within India or abroad
• ■Available for Frequent Flyers - Buying an insurance policy for each journey can turn out to be pretty expensive for people who travel frequently or multiple times in a year. To ensure that such frequent flyers enjoy the perks of trip insurance plans on each journey without spending a fortune, insurance providers offer multi-trip policies with a year-long validity.

Types of Travel Insurance Plans in India

While buying a trip insurance policy is important to ensure a hassle-free journey, it is more crucial to understand the various types of insurance policies offerred to travellers in India. They have been designed to cater to the need of its every citizen right from a child, adult, student, to a senior citizen, etc.

Let us take you through the different types of travel insurance policies available in India:

On the Basis of Geographical Border:

Domestic Travel Insurance

This type of insurance plan is meant for people travelling within the geographical borders of India. It protects individuals as well as families travelling within the Indian states from unforeseen financial emergencies. It provides coverage including medical cover, loss of baggage and personal accident cover amongst others.

International Travel Insurance

This type of insurance plan covers individuals and families travelling overseas. It provides a wide range of coverage including medical expenses, dental expenses, financial cash assistance, flight delays, loss of passport, personal liability, loss or delay check-in baggage and hijack distress allowance. Several insurers also offer home insurance to the traveller′s house back in India as a part of this insurance plan.

Schengen Travel Insurance

It is a customized insurance that covers people travelling to one or more than one Schengen countries. It protects the insured travellers from any unforeseen emergencies that may lead to incurring financial losses. Some of the most common coverage provided under this type of trip insurance includes medical cover, loss of passport, delay in check-in baggage arrival, loss of check-in baggage, personal liability, personal accident cover and accidental death & dismemberment common carrier.

Family Travel Insurance

This type of insurance plan is designed especially for families travelling overseas together. It usually covers the policyholder, his/ her spouse and his dependent children. The sum insured is mostly available in both individual and family floater basis. All insured members of a family can avail covers including medical expenses, loss of passport, personal liability, loss or delay of check-in baggage and many more.

Senior Citizen Travel Insurance

This type of insurance plan has been tailor-made, especially, for the elderly people. Most travel insurance companies cover travellers above the ages of 60 under such policies. It protects such travellers from unpredictable financial emergencies including medical expenses, dental expenses, repatriation of mortal remains, loss or delay of check-in baggage, etc.

Student Travel Insurance

It is a student-friendly insurance plan that has been customized for Indians travelling abroad to study. It comes with an extended validity of up to 2 years. Apart from the basic coverage of overseas insurance, it also provides the students with covers including sponsor protection, study interruption, two-way compassionate visit and bail bond amongst others.

Corporate Travel Insurance

This type of insurance plan has been designed to cater to the needs of corporates travelling for business purposes. It usually has a validity of up to 1 year that allows the insured traveller to undertake several journeys. It includes covers such as flight delay, medical expenses, loss of baggage, missed connecting flight, etc.

Group Travel Insurance

It is a comprehensive insurance plan meant for people travelling together in groups. It is usually opted by people organizing tour groups, industrial training, official tours or pilgrimage tours. Many insurance providers offer such policies to people travelling within India as well as abroad. It usually provides personal accident and baggage cover. However, the exact extent of coverage depends on the insurer.

Medical Travel Insurance

It refers to the insurance plan that provides extensive medical coverage to insured travellers during their journey. It offers financial assistance in case a medical emergency occurs while travelling international and may lead to hospitalization. Such policies mostly cover hospitalization expenses, daycare expenses, dental expenses, medical evacuation expenses and cost of repatriation of mortal remains amongst others.

Eligibility Criteria for Travel Insurance Plans

With a plethora of alternatives available in the market, it is essential to understand that insurance companies in India have a criterion for which you need to be eligible before buying insurance.

In the below grid are the basic eligibility criteria for different types of travel policies offered by insurance companies in India:

Why Should You Buy Travel Insurance Policy

In recent times, there has been a paradigm shift in the perception of travelling. People no longer wait for their summer or winter vacation to go for an outstation journey. They instead try to undertake multiple vacations in a year with an aim to explore new places. For the salaried class, travelling is an escape from their everyday stressful and monotonous life. This makes insuring your journey even more prudent to protect yourself from any unfortunate incident that has the potential of spoiling it or causing losses. If you still weighing your options, take a look at why buying the best travel insurance online is a wonderful idea.

• ■Emergency Medical Expenses - The cost of medical treatment abroad is not the same as in India. In fact, countries like the USA are famous for skyrocketing medical services. But if you have insured your journey, all your medical expenses will be covered be taken care of in case of hospitalization due to an illness or accident abroad. They will also arrange an emergency evacuation to a hospital if required. Moreover, being admitted to a network hospital can help you avail of cashless medical services.
• ■ Mandatory Requirement - Several countries around the world have made it mandatory to possess valid trip insurance in order to apply for a visa for that country. For instance, you need to insure your journey if you want to apply for the Schengen visa. So if you want to visit any such country, you will have to buy one of the best travel insurance policies available in India.
• ■ Helping Hand in Remote Areas - Insuring your journey can turn out to be useful even if you are travelling to remote parts of India or abroad. In case you need emergency medical services in areas with poor medical facilities, your insurer can evacuate you to the nearest city or country and help you get medical treatment on time.
• ■ Stress-Free Trip - An outstation journey can come with its share of uncertainties and cause a lot of stress to the travellers if an unforeseen incident occurs. But if you have your journey insured, all your emergencies can be taken care of by your insurer and you wouldn′t have to worry about a thing.
• ■ Dental Expenses - If you have your journey insured, your insurer will cover the expenses incurred on your dental treatment while travelling.
• ■ Flight-related Complicacies - A lot of times you get stuck by flight or airline-related issues that shake your trip itinerary. Whether there has been a flight delay, check-in baggage loss/ delay, missed connecting flight or flight hijack, you will be adequately compensated if you have insured your journey.
• ■ Protects the Entire Family - A family insurance not only offers protection to you but to each member of your family while travelling. Most insurance providers allow you to choose the sum insured on individual and family floater basis.
• ■ Replacement of Lost or Stolen Baggage - In case your baggage or your belongings get stolen or lost while travelling overseas, your insurer will compensate you for your loss.
• ■ Pays for Personal Liability - In case an unfortunate incident abroad result in a legal liability being imposed on you, your insurer will pay off your liabilities and cover any legal court expenses that you may incur.
• ■Emergency Cash Assistance - In case you get robbed of your money during your stay abroad, your insurer will come to your rescue and arrange emergency cash for you.

How to Buy Best Travel Policy Online?

In case of an adversity, insurance is one friend on which you can always rely upon. The challenge is to pick the best trip insurance policy provided by the different travel insurance companies in India. Opt for an insurance policy, which provides you with maximum coverage against the risks that you may encounter while you are travelling. It is better if you buy the insurance policy online as it is a faster and more convenient process.