We all have hectic life schedules, deadlines, work pressures and a time table to follow. And then, there is this time, a few days off from all this chaos, amidst nature and leisure, where we create memories to cherish with our loved ones.
The thought of packing for a trip, not following the hectic time table itself, brings a smile on our face!
"We travel not to escape life, but for life not to escape us." ...so true
What is Travel Insurance?
Travel insurance is simple a means to protect our happy times while travelling. Even if we know the country we are travelling to fairly well or are very careful about our planning, there are always certain things which are beyond our control.
Travel insurance covers during domestic and international journey for: -
Types of Travel Insurance:
Various plans are available according to every individual's travel needs.
1) Corporate Travel Insurance: Under this plan, employees of an organization can receive coverage for both domestic and international trips.
2) Domestic Travel Insurance: This insurance type offers coverage for death, permanent disability, personal liability, travel delay, medical emergencies and checked-in stolen or lost luggage.
3) International Travel Insurance: It gives a comprehensive coverage for medical costs overseas, trip delays, loss of travel documents besides the regular coverage.
4) Senior Citizen Travel Insurance: The plan is designed for people who belong to the age group 61-70 years and provides coverage for cashless hospitalization and dental treatments besides the general advantages related to travel plans.
5) Student Travel Insurance: It needs less paperwork involved in online travel insurance policies India and this comprehensive cover pay for expenses incurred because of medical treatment, study interruptions and passport loss.
6) Individual Travel Insurance: Under individual travel plan, insured is covered against trip curtailment, trip cancellation and home burglary.
7) Family Travel Insurance: It covers baggage loss, hospitalization expenses and other incidental costs. The claim disbursement is not difficult with less paperwork involved.
Key Features of Travel Insurance
1) Travel health insurance for in-out patient hospitalization along with daily allowance Under this plan, employees of an organization can receive coverage for both domestic and international trips.
2) Coverage for expenses related to trip delays
3) Coverage for loss of passport and luggage
4) for contingencies related to personal possession
5) Personal accident coverage in case of death or permanent disability
Benefits of Travel Insurance
Beware of these five myths around term insurance
The basic worries of travellers include stolen baggage, lost passports, cancelled flights and trip delays. These mishaps can spoil perfectly planned vacations. Dona ‚Loss let such inevitable incidences ruin the entire journey.
Exclusions
1)Pre-existing conditions resulting to hospitalization
2)Damage or loss of keys
3)Trains or flights missed because of civil war/local protests
4)Luggage delay Expenses incurred because of civil unrest or local protests Customers should note that exclusions vary from one policy to policy.
FAQS
1.What are the eligibility criteria for Travel Insurance?
From infants aged 6 months to 70 years old can avail of travel insurance
2.Are there any medical examinations involved?
No, there is no medical examination required up to the age of 70 years.
3.Is travel Insurance mandatory?
Travel Insurance is not mandatory in India. However it is mandatory in UK and countries like Austria, Greece, Portugal, Spain, France, Germany, Belgium, Luxemburg, Netherlands.
However for a safe and peaceful trip, it is recommended that you take a Travel insurance policy even if you are travelling to countries apart from these.
4.Is there an age limit for opting Personal Accident Insurance policy?
Yes, passport loss is covered in the policy. It is covered under the benefit of As’ Loss of Baggage and Personal Documents. The assistance provider helps in contacting the consular authorities in case of the loss or theft of an Insured Personal's passport, and arranging for its replacement.
5.What does loss of checked in baggage cover?
This covers the insured person for the amount spent as cost of replacement of articles if checked in baggage is lost or damaged. The insured must keep the bills of such expenses for reimbursement
6.How much cover do I need?
Depends on the duration and your age. Longer stay abroad needs higher cover. Higher age would also demand a higher cover.
