5 Essential Covers to Check in Your Travel Insurance Plan

Why Travel Insurance?

One of the most important insurance plans, travel plans are slowly being mandated by many countries abroad thanks to the extent of coverage they provide to their insured people. These plans cover a variety of medical situations and other travel-related risks that you may be subjected to.

Emergencies like losing your wallet or passport, falling sick while traveling, getting into an accident while driving, etc. are just a few cases where your insurance will protect you from any additional costs. Be it international travel insurance or a domestic one, they can be customized and purchased as per the traveler’s needs and type of travel.

Types of Travel Insurance

Before you read about the necessary covers that must be provided by your insurer, you should be aware of the types of travel insurance plans that are offered. With plans, the benefits also differ significantly. Here’s a table for you to get an idea about what each plan covers: 

Other than these, different insurance companies in India offer varying plans which have unique features. It is important to know that international travel insurance plans don’t necessarily cover the entire world; there are different plans as per the region and their requirements; for example, Asia plans, Schengen plans, and plans designed especially when visiting the US and Canada.

Essential Things covered by Your Travel Insurance

With so many situations being covered by most travel insurance companies in India, don’t settle for any plan which doesn’t provide you these benefits:

Covers Medical Expenses

Who wants to fall sick while traveling? Especially when you're traveling abroad, the medical costs are much more compared to what we pay in India. To avoid shattering your budget, make sure you buy medical travel insurance policy that covers different types of medical necessities.

Covers Damages due to Natural Disaster

While the chances of getting caught in a typhoon are low, disasters like earthquakes, forest fires, landslides, etc. can significantly affect your financial plans. Opt for a plan that safeguards you from these perils.

Covers Flight Delays/Flight Cancelations

You may plan your trip to the hour but there are too many factors beyond anyone's control, causing your flight to be delayed, missed, or worse- canceled. These delays may push back your budget due to additional accommodation and food expenses when abroad, so make sure your world trip plan offers reimbursement for flight-related contingencies.

Personal Belongings and Documents Cover

Losing your luggage or important documents while traveling is definitely a bad situation to be in. Especially when you're abroad, your passport and other travel documents are crucial for you to be able to move freely. With a plan ensuring cover for your personal belongings while traveling, you can rest assured and travel at ease.

Covers Any Third-Party Liabilities

One of the greatest hassles while traveling is accidentally being responsible for any damage or injury to a third person's property or body. In case you find yourself in such a scenario, your travel plan will help you pay for it up to the specified limit.

Not only these but there also are several other options available in various plans to add the covers that suit your needs the most. These are called add-ons and can be purchased at some extra premium.

Benefits of Travel Insurance

To put it simply, medical travel insurance is the right safeguard you can have against any unexpected emergencies while you’re traveling for whatever reason. Other than the benefits it does offer, here are some of the most common benefits that will be worth the premium you pay for:

• Many benefits are offered at an affordable price so that more people can buy it
• Available in a number of variants with different benefits and costs to suit your budget
• Availability of optional coverage makes it easier to customize everyone’s needs
• Most companies provide a 24X7 customer support helpline to assist you with any emergencies, no matter where you are
• Easy to purchase and quick, cashless mode of claim settlements 

Wrapping it up,

While there are a variety of plans available, you should always read about them carefully and compare them thoroughly well before buying one. Make sure you buy travel insurance plan which offers a lot of benefits in the budget you have. After you’ve purchased it, you can travel freely without fearing any dire situations that may ruin your trip!