travel insurance policy

What are Travel Insurance Policy and the reasons to buy

Travel insurance refers to the policy taken as an insurance covering the risks while traveling within India or even abroad. Traveling is fun to spend time on a vacation, even on a business trip. However, whatever may be the reason and with any company, protecting from unforeseen circumstances is mandatory. Thus, there is a need for a travel insurance policy.

There are many insurance companies offering travel insurance policy and consider a platform that offers you to analyze various plans and to explore the opportunity. Here are a few things that you must remember before ending up enrolling with an insurance policy.

  • No additional cost for diseases pre-existing
  • Should cover flight delay and cancellations
  • Cover for liability and personal accident
  • Baggage and Passport loss cover
  • Reimbursement of claim with cashless options must be quick

Travel Insurance Plans

  1. ICICI Lombard Health Insurance
  2. ICICI Lombard Cashless Hospital List
  3. Visitor Insurance USA from India
  4. ICICI Lombard Insurance
  5. ICICI Lombard Travel Insurance
  6. Travel Insurance to the USA
  7. Student Travel Insurance
  8. Best International Travel Insurance
  9. Foreign Travel Insurance Online
  10. Compare Travel Insurance

Reasons to buy travel insurance policyinsurance policy

Travel in the recent times has become a crucial part of most people’s lives. Be it for leisure, business or overseas higher education, there are people traveling regularly. The risks of traveling have increased owing to the traveling frequency increase. Thus, you must be aware of things relating to your trip and having information will come handy in unforeseen situations, especially if you are abroad.

Knowing why you require travel medical insurance helps in avoiding confusion during an emergency.

Covers health emergencies:

The fact is that unexpected events may happen anywhere and anytime that there is a possibility of the medical emergency. The travel health insurance plans exist once you step out of your country. While buying a travel insurance policy ensure you buy the one with wider coverage. This is because, in foreign countries, it will cost a bomb even for a minor wound.

Proper coverage

Travel insurance is mandatory in some countries, besides the costs of healthcare are expensive that in case you suddenly fall sick or meet with an accident or may require airlifting to the hospital.

Dental emergencies

Losing teeth may happen even while traveling in case there is a sudden fall or even at home. You cannot afford to wait to return to your home country. As dental expenses may kill your joy, travel insurance plans cover such expenses.

Rescheduled flight or cancellation flight claim

Flight rescheduling or canceling may be truly annoying. It lowers your excitement levels and enthusiasm even before starting. Adverse weathers, technical issues, strikes, etc, may be a hurdle that you may miss connecting flight. In these situations, the coverage is offered against cancellation or flight delays or even baggage loss/delay beefier the trip health insurance

A travel insurance plan eliminates stress related travel by offering financial security and safety while you are out of your country. if you get injured, fall sick or even stranded, a travel insurance policy will provide the emergency accommodation and ensure safety to fly back home.

During a trip, anything worst can happen. It may be losing your personal item or baggage. In case something happens, the replacement cost would be much-buying everything. However, an insurance plan it offers the required support in your needy hour providing reimbursement for the expenses.

Entire family coverage is offered by travel insurance as you globetrot on a vacation with your family. Having adequate insurance coverage is important as you travel with kids as they may be prone to illnesses and injuries.

How to choose an appropriate travel insurance plan

As you are planning a vacation with a group of friends or family, you may think of entertainment, adventure, fun and camping, and often overlooks eventualities such as sudden illness, an accident or a medical emergency. Here are a few points that you must consider prior to purchasing the right plan:

The credibility of the company: The goodwill of a company always speaks a lot about the reliability of a company. Trust is a factor to be considered while choosing an insurance provider.

Affordability: The cost is a significant factor while referring to a travel plan. The premiums must be convenient to pay, while it is easy on your pocket and make the travel policies within your means.

Hassle-free: There are several policies available that buying a travel policy is hassle-free and easy.

Coverage: Having add-ons or not determines your premium. These add-ons widen the coverage umbrella.