Life and General Insurance

 

Travel Insurance, also referred to as visitor insurance or overseas medical insurance is a special facility offered by insurance companies in India to cover you against the following unforeseen situation while travelling abroad:

 

• Personal Accident

• Medical Expenses*

• Loss of Passport

• Trip Delay

• Trip Cancellation

• Baggage Loss

• Risks while travelling abroad

 

 

 

* Any claim due to or arising out of pre-existing medical condition/ailment whether declared or undeclared is not covered under the policy.

 

 

It would not be wrong to say that travel insurance is the backbone of every travel plan. You cannot be at peace without having one in hand. The plan will help you get compensation in case of any unforeseen event occurring during a trip.

 

 

Investing in an appropriate travel insurance plan is beneficial. With the frequency of unforeseen events increasing on a daily basis, it has become crucial to keep a backup plan that helps you handle emergencies with ease. Uncertain events such as terrorist attacks, thefts, and robbery are some of the most common ones a traveller comes across. You don’t have an idea how bad it can get when you are encountered with such events in an alien destination.

 

 

Having a travel insurance policy in hand will help you ensure complete protection all through the trip and even offers you compensation when an emergency strikes. No wonder investing in a good travel insurance plan tops the list of any travel plan. Remember that a vacation package is incomplete without travel coverage.

 

 

Types of Travel Insurance Coverage: 

 

You can choose which coverage to opt for on the basis of your specific requirement. Travel plans and policy 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.