Why Travel Insurance ?

Travel Insurance covers risks during travel such as loss of passport and personal belonging cover, loss of checked in baggage etc. ... Without Travel Insurance, these costs would have been a drain on your pocket. By reimbursing such non-refundable expenses, Travel Insurance protects your finances.

Types of Travel Insurance

Domestic Travel Insurance

This travel insurance plan provides cover against checked-in lost/stolen baggage, emergency cash and personal liability, medical emergencies, permanent disability & death, and travel delay/cancellation. Any Indian resident or NRI want to travel in India can buy this insurance. This travel insurance plan remains valid only when travelling in India.

Major Coverage

Medical Cover :It takes care of any medical emergencies that could occur to your health during the travel. There may be a health injury, illness or accident that requires an immediate medical attention. A domestic travel insurance policy provides a cover against medical expenses, when you are travelling. Any medical expenses incurred due to an immediate medical treatment of an injury sustained is also covered.

Flight Cancellation/Delay : Airlines are infamous for delaying flights and sometimes cancelling the flights. There is always the higher chances of flight delay or cancellation that not only causes inconvenience, but is also costly as you can miss connecting flights as well. A travel insurance policy provides you the compensation for the flight delays or cancellations.

Lost Baggage: Lost baggage is one of the common scenarios that travellers has to face. Most airlines offer compensation policies for lost baggage, but it may not be sufficient to cover your loss. A travel insurance policy ensures that the cost of your belongings is recovered.

Accidental Death and Dismemberment : Mishaps may occur to anyone, so it’s better to get covered. Some travel insurance policies provide coverage against accidental death or dismemberment sustained during the trip.

Repatriation of Remains: In the event of your death during the trip, the expenses incurred to return your body to your usual residence are covered.

Emergency Medical Evacuation : In case of a medical emergency, the expenses incurred for the evacuation and transportation of the insured for medical care are also covered by travel insurance policies.

Lost Luggage Assistance: There are some insurance companies that offer lost luggage assistance. It provides assistance for the insured by contacting concerned authorities and providing directions for its recovery.

Personal Liability : If a claim is made against you for property damage to a third party, an amount as stated under the policy is payable. Some insurers have started offering this personal liability cover with travel insurance plans.

International Travel Insurance

This travel insurance plan is exclusively offered to customers travelling overseas. International travel insurance provides a complete cover against medical expenses incurred overseas, baggage & travel delays, loss of travel documents, hijack, and repatriation expenses.

Major Coverage

Health Cover : Good health is crucial, while travelling abroad. A travel insurance policy takes care of your medical expenses arising from illness, injury or other medical condition, so you can focus on enjoying the holiday. Getting medical treatment is also quite expensive, it’s always wise to get medical cover under a travel insurance plan.

Trip Cancellation/Interruption : Trip cancellations and interruption are the major obstacles of your trip. Cancellation of the trip also lead to loss of the amount already paid towards booking air travel/hotel accommodation. A travel insurance plan reimburses you for pre-paid and non-refundable expenses. A trip interruption/delay coverage under the policy also covers you, while you are on a trip.

Loss of Personal Belongings : In case of loss of baggage during the transit, with a travel insurance plan you can get compensation against the losses incurred up to the maximum of the sum insured under the policy. The insurance company also helps you recover the baggage. Losing personal documents such as passport, tickets, etc may ruin your journey and thus, the insurance company helps you get rid of inconvenience caused. The company also takes care of the related expenses incurred.

Personal Liability : Compensation for damages to a third party, arising from any damage to property, bodily injury or death, is covered under a travel insurance policy.

Hijacking : In the event of hijacked of your common carrier in which you are traveling, some insurance companies pay you a distress allowance.

24x7 Assistance : There are insurance companies that offer assistance to the insured while on travel towards lost luggage, general assistance, pre-departure services, legal assistance, and many more.

Accidental Death and Dismemberment : When going for an international trip, you should get coverage against unfortunate events such as death or dismemberment. Some insurance companies also provide worldwide coverage against accidental death & dismemberment, when you are travelling abroad.

Emergency Medical Evacuation : In case of any emergency medical condition, the expenses incurred towards the evacuation and transportation of the insured for immediate and quality medical care are also covered under travel insurance policies.

Repatriation of Remains : In the event of death of the insured during the international travel, the cost incurred in transportation of remains to the home country is covered, subject to terms applicable under the policy.

Automatic Extension of the Policy : Insurance companies offering international travel insurance also provide the insured with an option to extend the policy up to a period of 7 days from the policy expiry date. This option is really helpful, in case of any unexpected delay in the trip.

Student Travel

The number of students going abroad for higher education is rising day by day. Studying abroad surely brings an advantageous prospect, but it entails risks as well. Medical or hospitalization expenses in a foreign land can really be a costly affair. A student living outside the home country also needs other back-ups if something goes wrong. It also needs to ensure that you can focus on your study and not worry about any mishap. Here comes the need of student travel insurance.
A student travel insurance provides cover for all eventualities that come your way, while studying abroad. It ensures complete peace of mind.

Claim Procedure for Travel Insurance Policies

Buying the best travel insurance is not your only responsibility as a traveller. You should also be aware of the procedure to file a timely insurance claim. Moreover, you should be aware of the various coverage provided by your insurer.

It is important for all travellers to carry the original policy document along with multiple photocopies while travelling. The photocopies come in handy in case the original document gets lost or destroyed. You should also carry the soft copy of the document and store it in your email, phone, laptop or carry it in a pen drive.

Follow the steps given below to register a travel insurance claim in case an emergency occurs during your trip:

• Inform the insurer or the assistance provider of the insurer via phone or email about your claim.
• The contact details of the insurer are always mentioned in the policy document
• Ask about the various documents that you need to submit in support of your claim. The list of documents to be submitted varies as per the type of claim Send all the required documents to the insurer via email, fax or post
• Once you have submitted the documents, your claim will be verified against the coverage provided by your travel insurance policy