10 Tips to Buy the Smartest Travel Insurance Policy

Why invest in travel insurance?

Travel insurance is the backbone of your travel plan as you can not only be at peace but also can ask for compensation in case of any uncertain event occurring during your vacation. There are many benefits of investing in a suitable travel coverage plan. The frequency of uncertainties has increased these days. Terrorist attacks, thefts and robbery are some of the commonly happening events. You never know how bad you will be affected by such uncertain events while you are out in an unknown destination for a vacation. Insurance is a tool that helps you stay protected throughout your trip and offers you good amount of compensation in case of any emergency or an uncertain event. Nowadays, buying suitable travel coverage tops the list of any travel plan. The tourism industry in India is doing a great job by offering attractive travel packages to the residents. Buying a suitable travel insurance plan to match your vacation package has never been so easy before.

Buying travel insurance online

It takes just a few clicks online to search for available travel plans and compare them with their features and coverage details. Comparing available travel coverage plans through online quotes is the smartest way to search for the most suitable ones. As premium is the primary factor to consider, you can calculate the premiums associated with different plans by using the online calculators and invest in the smartest one.

Tips to buy online travel insurance

Here are some effective tips to buy travel insurance policy that suits your requirements:

• Before searching for the travel coverage policy, firstly decide about the place where you would like to spend your vacation at. After you finalize the travel destination, search for reputed travel companies online and ask for the variety of plans that they offer.

• For aged people, it is a must to opt for a plan that covers emergency charges and medical expenses along with ambulance and hospitalization fees.

• If you are a regular traveler, you can easily locate a discounted travel coverage policy.

• Your coverage elements would differ as per the place where you are planning to visit. For an adventure trip that includes activities like sea diving, mountain climbing and rafting, make sure that the policy covers compensation for loss of luggage and personal injury.

• There are different insurance policies for business travelers that usually cover compensation for loss of business related accessories and uncertain expenses.

• Students travel policies would cover uncertain events during their abroad visits for education.

• Family travel policies would offer compensation to your entire family against events like delay in flights, loss of checked baggage and interruptions due to hijack.

• Avail assurance from the insurance company that they would refund the tourism amount in case of cancellation of trip due to uncertain events.

• Be ready with your coverage checklist before applying for any travel coverage plan.

• Some insurance companies also offer pet insurance policies to travelers who want to take along their pets for the trip.

For a safe and peaceful journey, buying a suitable travel insurance policy is a must.


Holiday Season Is Here! Do You Have A Good Travel Insurance?

What is Travel Insurance? Why Do We Need It?

To put it simply, travel insurance is a type of insurance that covers financial losses including medical expenses incurred while travelling within the country or internationally. Travel policy is designed to protect your health, belongings, and your finances during the course of your trip. While it’s a good idea to take out travel insurance on international visits, it’s also safe to check what your insurance covers.

Travel is one of life’s greatest pleasures, but even the most carefully planned trip can be complicated by unforeseen events. Whether it’s lost luggage, cancelled flights, or medical emergencies, an unexpected event can cause a financial crisis. Hence, it is essential to buy a good travel policy that can safeguard your journey and make your vacation a truly memorable one.

Travel policy has always been perceived as an optional package. But, without the proper coverage, you may be followed home by a string of incidental expenses.

How Can We Choose The Best Travel Insurance?

Today, travel policies come with a variety of options but choosing the right kind of insurance policy is important. A good travel policy is one that covers you for what you need, and doesn’t charge you for coverages you don’t.

While it’s a good idea to take out travel insurance on international visits, it’s also safe to check what your insurance covers. Remember, online travel policy only covers trip cancellations for certain reasons, including sickness, a death in the family, or severe weather.

When identifying the best online travel policy for yourself and family, look for the following policy details:

• How many family members / individuals are covered?
• What are the expenses covered?
• What are the different plans available?
• What’s the maximum coverage offered?
• Does the policy cover pre-existing conditions?
• Does the provider have a worldwide, 24/7 emergency contact number?
• Can insurance be purchased and renewed online?
• Is the policy applicable only when travelling abroad or even within one’s own country?
• Does the travel policy cover multi-trips?
• Does the policy provide coverage for adventure sports?

What Should An Ideal Travel Insurance Policy Cover?

While travel insurance policies come with a variety of benefits, the following are the necessary covers you should look for:

• Medical and health cover for an injury or sudden illness abroad
• 24-hour emergency service and assistance
• Lost and stolen possessions cover including passport
• Trip cancellation cover

While it is not compulsory, most travel companies usually insist on some form of insurance as a stipulation of their holiday product. Travel Insurance has always been perceived as an optional package. But, it covers several situations that guarantee you peace of mind. Business or leisure, remember to insure before leaving.


The Importance of Comprehensive Travel Insurance When Visiting Other Places

A lot of people, when they travel, find themselves tense and worried. While it is it natural to feel excited when leaving home and exploring another destination, it is also a normal feeling to be anxious and thus feel the need to find ways to protect their health and well-being, as well as the act of travelling itself. What if there is a sudden change of plans like an accident or a weather disturbance, or if other unforeseen events occur? Travel plans may have to be postponed, cut short or cancelled altogether.

This is where travel insurance kicks in. Travelers who are not covered by this kind of insurance may have to shoulder significant financial responsibilities such as losing money over unused plane tickets and medical expenses that are not included in typical health insurance policies.

Having a travel insurance policy covers a holder from a lot of unforeseen events. These events include, but not restricted to: sickness, injury or disablement while traveling, flight delays and cancellations, legal issues and accidental death, damage, and theft or lost of personal effects during travel. These events have further causes that may indirectly involve the traveler or not, from the weather, airline employees’ strikes to even political unrest, and these may still be covered by a travel insurance policy.

Some companies that offer holiday insurance may even include a clientele that deliberately put themselves in danger with the activities they conduct when travelling. These are backpackers insurance policies for those who want to explore their destinations in a less luxurious setting. There are also insurance policies for those who go to some places just to engage in extreme activities like scuba diving, sky diving, and skiing. Considering that there are a lot of weather and geological disturbances that have been happening all across the world like earthquakes, tornadoes, tsunamis, landslides and hurricanes, it is really wise to take advantage of travelers’ insurance.

Travel insurance is usually classified into two: medical and disability cover for medical and hospital expenses that may be incurred by the traveler overseas, as well as income loss because of injury, illness, disability or death and non-medical cover which includes cancelled or delayed flights and stolen, lost or damage baggage.

For those who want to be covered on all bases, comprehensive travel insurance with both medical and non-medical cover would be the best choice. This should also be ideal for travelers who do not hold any medical insurance policy in their respective homes. Travelers who are away from their homes for a long time without health coverage and those who are not in their country of permanent residence should have this kind of insurance with them. The assistance this kind of insurance will extend would prove invaluable, including medical assistance in the local destination, hospitalization, emergency medical mode of transport, emergency treatment, consultation, repatriation of the body should the traveler pass away and escorting of immediate family members, among other benefits. The comprehensiveness of this type of travel insurance should put any traveler’s mind at ease.