Travel insurance is a valuable asset for any traveler. Its, however, not compulsory to buy a travel insurance plan in India for domestic travels, as opposed to worldwide travels. It is a necessity as it safeguards the interests of the insured. It unloads the burden of unusual financial losses from the insured. It saves the traveler from theft, loss, medical expenses, etc. thereby ensuring a secure and safe journey. It ensures financial coverage and hence, offers peace of mind.
In India, there are several types of travel insurance plans to choose from that suit different needs and conditions efficiently. For example, there are special plans available for students studying abroad, employees who travel often on business trips, etc. Also, there are many plans available that depend upon the regularity of trips i.e. whether it is in a single or many travels. It offers coverage for individuals between the age group of 6 months to 70 years.
While on the go, an it covers health expenses should the insured meet with an accident and suffer injury or death. In such a problem, it provides financial aid for hospitalization and the travel expense of family members. Also, one can avail of compensation if any valuable possessions of the insured have been damaged in the accident.
Another advantage of it is personal liability that compensates for any damages caused to a third party by the insured. One receives compensation also in case of flight cancellation, delay and hijack, for food, stay and other financial losses incurred. In addition, this plan also covers damage or loss of passport and other belongings. Plus, a travel insurance in India covers loss incurred due to a burglar attack at the insured place of stay.
Intended to provide compensation for unexpected healthcare or other expenses to travelers while abroad, international travel insurance can be purchased in various types and levels of coverage, the price of which is determined by a number of factors including the duration, destination and other specifics of the trip involved. Coverage for shorter durations is often available for purchase in conjunction with the making of journey bookings. In the alternative, more extensive coverage of a longer term may also be secured. These types of policies are frequently offered by cruise operators, excursion companies, travel agents and large national general insurance firms.
Policies for international travel insurance can be customized depending on the characteristics of the traveler to be covered by the policy. Business travelers, holiday trippers, adventure tourists and students are all specific types of customers for which different kinds of policies are written. Circumstances that may be covered by these types of policies include payment of basic medical expenses incurred, accidental injury or death benefits, and possibly even funeral costs for services performed while still abroad. Medical costs incurred during pregnancy may be included in this type of policy, if the travel happens during the insured's first trimester, and perhaps beyond, if a customized or expanded policy is purchased.
When purchasing insurance it is important to check that the policy includes adequate cover for emergency medical care and medical repatriation. It is broadly thought that the minimum should be 2,000,000, but obviously higher levels are better - especially for Worldwide travel. Medical cover up to 5,000,000 or even 10,000,000 would be preferable - especially for Worldwide cover - and should be enough to cover just about any serious medical problem.
Paying a higher premium for travel insurance because you are in an older age group is an unfortunate fact of life. However, the extra cost is worth it for the peace of mind it offers. No matter what age you are, the important thing is that you feel free to enjoy foreign travel for as long as you want to and are able to!
Jean Andrews is an employee of Travel Insurance Agencies Ltd. and she regularly contributes informative articles about travel insurance. To find out more and to obtain a quote for quality and affordable travel insurance from this well-established company visit their UK website at Travel Insurance Direct or Travel Insurance Direct-Ireland for residents of Ireland.
In India, there are several types of travel insurance plans to choose from that suit different needs and conditions efficiently. For example, there are special plans available for students studying abroad, employees who travel often on business trips, etc. Also, there are many plans available that depend upon the regularity of trips i.e. whether it is in a single or many travels. It offers coverage for individuals between the age group of 6 months to 70 years.
While on the go, an it covers health expenses should the insured meet with an accident and suffer injury or death. In such a problem, it provides financial aid for hospitalization and the travel expense of family members. Also, one can avail of compensation if any valuable possessions of the insured have been damaged in the accident.
Another advantage of it is personal liability that compensates for any damages caused to a third party by the insured. One receives compensation also in case of flight cancellation, delay and hijack, for food, stay and other financial losses incurred. In addition, this plan also covers damage or loss of passport and other belongings. Plus, a travel insurance in India covers loss incurred due to a burglar attack at the insured place of stay.
Intended to provide compensation for unexpected healthcare or other expenses to travelers while abroad, international travel insurance can be purchased in various types and levels of coverage, the price of which is determined by a number of factors including the duration, destination and other specifics of the trip involved. Coverage for shorter durations is often available for purchase in conjunction with the making of journey bookings. In the alternative, more extensive coverage of a longer term may also be secured. These types of policies are frequently offered by cruise operators, excursion companies, travel agents and large national general insurance firms.
Policies for international travel insurance can be customized depending on the characteristics of the traveler to be covered by the policy. Business travelers, holiday trippers, adventure tourists and students are all specific types of customers for which different kinds of policies are written. Circumstances that may be covered by these types of policies include payment of basic medical expenses incurred, accidental injury or death benefits, and possibly even funeral costs for services performed while still abroad. Medical costs incurred during pregnancy may be included in this type of policy, if the travel happens during the insured's first trimester, and perhaps beyond, if a customized or expanded policy is purchased.
When purchasing insurance it is important to check that the policy includes adequate cover for emergency medical care and medical repatriation. It is broadly thought that the minimum should be 2,000,000, but obviously higher levels are better - especially for Worldwide travel. Medical cover up to 5,000,000 or even 10,000,000 would be preferable - especially for Worldwide cover - and should be enough to cover just about any serious medical problem.
Paying a higher premium for travel insurance because you are in an older age group is an unfortunate fact of life. However, the extra cost is worth it for the peace of mind it offers. No matter what age you are, the important thing is that you feel free to enjoy foreign travel for as long as you want to and are able to!
Jean Andrews is an employee of Travel Insurance Agencies Ltd. and she regularly contributes informative articles about travel insurance. To find out more and to obtain a quote for quality and affordable travel insurance from this well-established company visit their UK website at Travel Insurance Direct or Travel Insurance Direct-Ireland for residents of Ireland.
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