Friday, 31 July 2015

How to buy cheap travel insurance while on board?

Nowadays, millions of people are travelling in India or abroad either for leisure or business purpose. With the recent upsurge in business trips, vacationing and travelling for various purposes comes the security and concerns of travelers. Therefore, travel insurance becomes an integral part of a traveler’s life. It is slowly but steadily gaining importance in India and can be bought for domestic or international travel or for a single trip or multiple trips within a certain time period. The major benefit of travel insurance is the protection of your health while you’re abroad.

In case you are traveling abroad frequently for professional or personal commitments, then buying a travel insurance policy will surely help in medical emergencies. Travelers can never rule out unfortunate times while traveling overseas, as an emergency is completely unexpected and has strength to strike down any situation during journey. In fact, a number of unpredictable situations such as flight cancellation or delay or loss of documents or luggage can definitely take traveler in a troublesome condition

The cost of your travel insurance premium can differ significantly depending on what kinds of risk coverage are included in your policy. While travelling it is important to know about the risks you should get yourself insured for. Medical emergencies, checked-in baggage, trip cancellation, trip delay, loss of passport, etc. are some common things which are covered by most of the travel insurance policies. However, at the time of buying such a policy, we generally look for cheap travel insurance with maximum coverage benefits.

The article gives you some tips to pick cheap travel insurance: While deciding on the coverage amount for your international trip, try not to overestimate the coverage amount. Keep it precise and to the point usage this will help you curb your insurance premium. But assure that you’re not under covered.

With your family and member over 65 years on board, look for insurance policies specially designed for them comprehensively. A family insurance is generally cheap compared to individual policy for each member.
 Cheap Travel Insurance

Read the documents carefully to understand the exact costs incurred on the policy. Understand the allocation of amount for type of coverage. Ensure that you’re not paying for something you would not require in your policy.

Many travel insurance companies often offer discounts on some of their policies. Find out about such offers, if any, and enquire how you can avail the same to get a cheap travel insurance policy. For eg. Some companies offer discounts and waivers for buying before particular date or with certain credit/debit card, or avail some bonus points etc.
Logon to internet and do some pre-hand research of different policies available in the market. Try to find out the type of travel insurance you would require and get an idea about the amount of coverage for the same. Buying travel insurance online often provides with best deals at cheaper rates. You can easily bargain for cheap travel insurance policies with sound knowledge on insurance. Companies believing in retaining the valued customers and will surely offer you some reasonable offers and solutions.

Today, majority of regular travelers prefer to buy travel insurance online because it gives them an opportunity to compare different travel plans offered by various insurers. Annual Plans are designed for overseas traveling and is applicable for any insured person up to 60 years of age.

Online comparison helps you to ensure that you own the basic cover, including personal accident, personal liability, flight cancellation or delay, loss of important documents or baggage, hospitalization costs and medical expenses.

Buying online insurance needs less paperwork, you only need to submit few important details to get a free quote. Compare plans along with their benefits and coverage and then select a cheap travel insurance that fulfills your needs.

Source: https://www.bajajallianz.com/Corp/travel-insurance/travel-insurance.jsp