It’s imperative to take a much-needed vacation to unwind and satisfy your wanderlust. Whether with friends, family or on a solo trip, vacations are the soothing balms that one uses when urban life has become too much to handle. But going abroad isn’t always enjoyable or secure. Passports can disappear, airlines can misplace luggage, and a sudden illness can interfere with your plans to go bungee jumping. In actuality, most lost luggage happens during transfers – when you change planes, but your bag doesn’t.
Therefore, before booking that trip to Hawaii, it is absolutely essential to purchase travel insurance cover. Additionally, buying travel insurance online is very simple. However, you should ask an insurance company some of the important questions listed below before pulling out your chequebook to pay them:
What is the highest amount payable?
People frequently experience disasters, annoyances, and mishaps when they least expect it. Make sure your chosen travel insurance policy has a maximum amount payable that can cover all unforeseen setbacks in order to prepare yourself for these inconveniences and accidents. *
Does the chosen travel insurance plan include medical expenses coverage?
Like lightning, illness can strike at any time. You might pick up a cold while walking the streets of Paris or develop a severe stomach infection after dining at a subpar restaurant in South East Asia. The best travel insurance plan should pay for all medical costs associated with accidents, hospitalisation, and emergencies without sounding overly morbid. In the event of an emergency, it is always advisable to have travel insurance that also serves as medical insurance. *
Will every country be covered by the policy?
It is advised to buy flight insurance that offers coverage in all of your destinations if you intend to visit several nations during your trip, such as during a world tour. Different policy types offer various levels of coverage, and they are available in various nations. All of Europe may be covered by some policies, while the world may be covered by others. Choose a policy that best accommodates your travel schedule.
Will every country be covered by the policy?
It is advised to buy travel insurance that offers coverage in all of your destinations if you intend to visit several nations during your trip, such as during a world tour. Different policy types offer various levels of coverage, and they are available in various nations. All of Europe may be covered by some policies, while the world may be covered by others. It’s better to buy travel insurance online that best accommodates your travel schedule.
Is it required to have travel insurance where I’m going?
While not required in India, travel insurance is required in some other nations, including Austria, Greece, Portugal, Spain, France, Germany, Belgium, Luxembourg, and the Netherlands. When making travel plans, always check the country you will be visiting’s travel requirements.
What isn’t included?
Knowing what is and isn’t covered by your insurance policy is just as important as understanding what is covered. Even the best travel insurance plan might not protect you from costs associated with warlike situations and injuries sustained while engaging in adventure sports or being the victim of a terrorist attack. You can get the coverage you require by carefully comparing the features of various travel insurance policies before making a purchase.
In addition to travel insurance, a variety of general insurance products are also offered online, including home insurance, auto insurance, and insurance for international students. So whether you choose international or domestic travel insurance, depending on where you’re going, ensure that you always stay safe, get insured and travel with your peace of mind intact.
* Standard T&C Apply
** Currently, there are 2 tax regimes in India – new and old. To get the tax benefit you desire, choose the correct one after consulting an expert. You can opt for a regime change during the next financial year.
# Visit the official website of IRDAI for further details.
## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions,
limitations, terms, and conditions, please read the sales brochure/policy wording carefully
before concluding a sale.