Travel Insurance Buying Guide

Travelling is an important and regular event in everyone’s life whether it is for leisure or work. People are opting for adventure travels just for the sake of adventure or to spend some family time together. Travelling together creates memories which we cherish all through our life. Who won’t want to go on a vacation amidst scenic lands, pampered days and carefree moments – far away from hectic life! Well, how much we love travel we should not undermine the risks that it entails. Yes, travelling does have its own risks and probabilities of unforeseen situation distress.

Make your travel itinerary foolproof by adding travel insurance to it. A good travel insurance plan will take care of any unforeseen situation during transit. Situations like loss or theft of baggage, delay of flights leading to financial loss, loss of passport and other important documents and medical emergency are quite common. The best way to ensure that we can manage such an expected situation is to buy a travel insurance plan.

 Types of Travel Insurance Coverage:

You can choose which coverage to opt for on the basis of your specific requirement. Travel plans offer coverage against all possible emergency situation during transit.

 Domestic travel insurance

Domestic travel insurance provides coverage for medical emergencies, permanent disability and death, checked-in lost/stolen baggage, travel delay and personal liability.

 International travel insurance

International travel insurance gives a comprehensive coverage for medical expenses overseas, hijack, baggage and travel delays, repatriations/evacuation to India, and loss of travel documents/passport besides the usual coverage.

 Corporate travel insurance

Under corporate travel insurance India, employees of an organization can get coverage for both international and domestic trips.

 Student travel insurance

There is minimum paperwork involved in student plans. The coverage is comprehensive and provides for expenses incurred on medical treatment, passport loss, and study interruptions.

 Senior citizen travel insurance

Senior citizen insurance is for people who belong to the age group 61-70. It includes coverage for dental treatments and cashless hospitalization besides the usual benefits associated with travel insurance.

Family travel insurance

Family travel insurance covers hospitalization, baggage loss, and other incidental expenses. The claim disbursement is easy with minimal paperwork involved.

 Individual travel insurance

Through individual insurance, you can get coverage against cancellation of trip, home burglary and trip curtailment.

 Key Features of Travel Insurance

Online travel insurance companies in india  is all about providing travelers an ideal cover against emergency/unforeseen situations right at the comfort of home. There are certain key features which one should look out for while zeroing on a plan.

Travel medical insurance covers for in/out patient hospitalization along with daily allowance.

Personal accident cover in case of permanent disability/death.

Coverage for contingencies related to personal possession.

Coverage for loss of baggage and passport.

Coverage for expenses related to trip delays.

 Benefits of Travel Insurance

The usual qualms of frequent travelers include lost passports, stolen bags, trip delay and cancelled flights. Such mishaps can derail perfectly laid out plans instantly. Do not let inevitable events ruin the entire getaway. Travel insurance is your friend in need when emergencies strike, whether in your native country or in unknown territories. n a foreign land. Get enough compensation to return home or cover untimely expenses as and when they occur!

 Exclusions

There are some common exclusions to a travel insurance cover such as:

Flights/trains missed due to local protests/civil war.

Expenses incurred due to local protests/civil unrest.

Pre-existing conditions leading to hospitalization.

Baggage delay that is less than 24 hours.

Damage/loss of keys.

Note: The exclusions differ from one plan to plan. It is best to compare travel insurance quotes of different companies to bag the plan with minimal exclusions.

Source from: http://www.policybazaar.com/travel-insurance/