Travel insurance in India is a must for those who plan to go overseas, whether for a weekend away or around the world backpacking trip. However, selecting the best plan is not easy at all. Travelling has always been an indispensable part of human civilization.
Travelling can be of various motives for different people such as relaxation, outing, holiday, leisure, tourism, research, pilgrimage, business travels, medical treatment and more. It is not necessary that all trips taken by an individual or group of people is smoothly lined. So, it is essential to safeguard your travel and travel plans before initiating a foreign country journey. This can be done by buying travel insurance for international travel.
It is always in the best interest to ensure the safety of individuals or group of people before embarking on a trip that travelling doesn’t become a nightmare and a lesson which gets hard to forget for life.
There are numerous choices travellers may want to consider, and below is the five most common decisions that aid people to make their choices.
Travel insurance in India is a must for those who plan to go overseas, whether for a weekend away or around the world backpacking trip. However, selecting the best plan is not easy at all. Travelling has always been an indispensable part of human civilization.
When planning a trip, it’s important to have travel insurance to protect you in case of unexpected events. However, there are different types of travel insurance policies with varying levels of coverage. Here are five types of travel insurance policies you should know about:
Trip Cancellation/Interruption Insurance –
Trip Cancellation/Interruption Insurance is a type of travel insurance that provides coverage for the cost of prepaid travel expenses like airfare, hotel, and tours if your trip is cancelled or interrupted due to unforeseen events like illness, injury, or natural disasters. This type of insurance can help you recover the non-refundable costs of your trip, and can also provide reimbursement for additional expenses like flights home or hotel stays if your trip is interrupted.
This type of insurance covers the cost of prepaid expenses like airfare, hotel, and tours if your trip is cancelled or interrupted due to unforeseen events like illness or natural disasters.
What does it cover?
Trip Cancellation/Interruption Insurance typically covers unforeseen events like illness, injury, or death of a traveler or immediate family member, natural disasters, terrorism, and other events beyond your control. It’s important to review your policy to understand the specific events that are covered and any exclusions or limitations.
How does it work?
If an unforeseen event occurs that results in the cancellation or interruption of your trip, you should contact your insurance provider as soon as possible. They will provide you with instructions on how to file a claim, which typically involves submitting documentation like medical records or death certificates. Once your claim is approved, your insurance provider will reimburse you for the covered expenses up to the limit of your policy.
Medical Evacuation Insurance –
What is Medical Evacuation Insurance?
Medical Evacuation Insurance is a type of travel insurance that provides coverage for emergency medical transportation to the nearest adequate medical facility in the event of a medical emergency. This type of insurance can cover expenses related to air or ground transportation, as well as medical personnel and equipment needed for the transportation.
What does it cover?
Medical Evacuation Insurance typically covers emergency medical transportation to the nearest adequate medical facility in the event of a medical emergency. This can include air or ground transportation, as well as medical personnel and equipment needed for the transportation. Some policies may also include coverage for repatriation of remains in the event of death.
Baggage/Personal Effects Insurance –
What is Baggage/Personal Effects Insurance?
Baggage/Personal Effects Insurance is a type of travel insurance that provides coverage for loss, theft, or damage to your personal belongings while traveling. This type of insurance can cover items such as luggage, personal items, and electronic devices.
What does it cover?
Baggage/Personal Effects Insurance typically covers loss, theft, or damage to your personal belongings while traveling. This can include items such as luggage, personal items, and electronic devices. Some policies may also cover delayed or lost baggage, as well as the cost of replacing lost or stolen travel documents.
How does it work?
What is Baggage/Personal Effects Insurance?
Baggage/Personal Effects Insurance is a type of travel insurance that provides coverage for loss, theft, or damage to your personal belongings while traveling. This type of insurance can cover items such as luggage, personal items, and electronic devices.
What does it cover?
Baggage/Personal Effects Insurance typically covers loss, theft, or damage to your personal belongings while traveling. This can include items such as luggage, personal items, and electronic devices. Some policies may also cover delayed or lost baggage, as well as the cost of replacing lost or stolen travel documents.
Travel Accident Insurance –
When traveling, it’s important to protect yourself against unforeseen accidents and incidents that could impact your health and well-being. One type of coverage to consider is Travel Accident Insurance, which can provide coverage in the event of accidental injury or death while traveling.
What is Travel Accident Insurance?
Travel Accident Insurance is a type of travel insurance that provides coverage in the event of accidental injury or death while traveling. This type of insurance can cover accidents that occur while traveling on a plane, train, or other form of transportation, as well as accidents that occur while participating in certain activities, such as skiing or scuba diving.
What does it cover?
Travel Accident Insurance typically covers accidental injury or death that occurs while traveling. This can include injuries sustained while on a plane, train, or other form of transportation, as well as injuries sustained while participating in certain activities. The coverage amount varies depending on the policy, but can range from a few thousand dollars to several million dollars.
Rental Car Insurance –
When renting a car, one important consideration is whether or not to purchase rental car insurance. Rental car insurance can provide coverage for damages to the rental car, as well as liability coverage in case of an accident. Here is a simple guide to help you understand rental car insurance and determine if it’s right for you.
What is Rental Car Insurance?
Rental Car Insurance is a type of insurance that provides coverage for damages to a rental car. It can also provide liability coverage in the event of an accident. Rental car companies typically offer various types of coverage, such as collision damage waiver, liability insurance, and personal accident insurance.
What does it cover?
Collision Damage Waiver (CDW) is a type of rental car insurance that covers damage to the rental car in the event of a collision. Liability insurance provides coverage for damages to other vehicles or property in case of an accident. Personal Accident Insurance provides coverage for medical expenses in the event of an accident.
Customers don’t want to buy an insurance product which they would later find as unsuitable. Therefore, we recommend you read the policy documents thoroughly and ask insurance-related queries to the insurance service provider to clear all doubts.