Travel Insurance Plan

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So, you are a travel junkie and you live vacation to vacation! And you would wonder how a travel insurance would be of your help in your vacation? Well, a travel insurance would help you tackle all the travel and medical contingencies while you travel abroad. You might find buying a travel insurance silly, but it's better to be safe than sorry. Buying travel insurance would not only safeguard you from all the possible unforeseen situations but also help you cherish all the lovely memories of your stay abroad. It is utmost important to add best travel insurance to your checklist while you plan your vacation, be it for leisure or business. Travel insurance is gaining back all its lost significance. To avoid unforeseen conditions like flight delay, loss of baggage, loss of passport as well as medical emergencies, buying travel insurance becomes extremely necessary. It is also convenient and easy, as you can buy travel insurance online.

There are various plans offered under travel insurance.

1.      International Travel Insurance Plan
Various general insurance companies offer the best of tailor-made travel insurance plans. Because every destination requires different requirements. Also, every insurance company strives hard to see that all the requirements are met and every minute detail is covered. Features like a total loss of checked-in-baggage, no medical test for a person above 80 years age, cashless hospitalization etc. are covered by most of the international travel insurance plans.

2.      Senior Citizen Travel Insurance Plan
Different insurance companies offer comprehensive travel insurance to the senior citizens for stress-free travel around the world. Benefits like medical cancellation of the trip, burglary back home when you are busy enjoying your vacation, loss of baggage, pre-existing illnesses cover, emergency medical expenses, personal liability, emergency financial assistance, dental treatment, flight cancellation, etc. are covered under travel insurance.

3.      Student Travel Insurance Plan
A student travel insurance plan offers medical as well as financial support to the students travelling abroad for higher studies. A student might face sudden medical emergencies or financial problems while studying in the foreign land. This might interrupt his studies as well. Student travel insurance plan would cover any such emergencies throughout the duration of studies without any hindrances.

4.      Asia Travel Insurance
If you are travelling to any of the Asian countries or Southeast Asian countries, then Asia travel insurance comes into the picture. Here benefits offered include distress allowance, loss of passport, emergency cash assistance, emergency medical cover, third-party liability etc. Asia travel insurance offers a comprehensive coverage that would take care of any uncertainties.

5.      Corporate Travel Insurance Plan
Many employees have to visit different countries for business trips. To safeguard them from any unforeseen situations, the employers offer them with corporate travel insurance plans. These travel insurance plans can be tailor-made as per the employee's requirement and they offer medical assistance as well as travel-related cover to the insured. This covers injuries, loss of baggage, emergency evacuation, and flight cancellations. etc.

6.      Group Travel Insurance
There are vacations where you would like to go with your friends and relatives in a big group to have the most memorable and fun-filled vacation. Group travel insurance offers 20 or more individuals with benefits like loss of baggage, trip delay or curtailments, loss of documents etc. It is essential for every group member to go through the features and benefits of the travel insurance plan because the travel includes a big group.

7.      Domestic Travel Insurance
Domestic travel insurance covers travel within India. Individuals are covered for loss of baggage, medical expenses, 24/7 customer support, medical evacuation, emergency cash assistance, personal accident cover, loss of baggage etc. It offers coverage to the individual policyholder. Any person above 18 years and below 65 years can opt for this travel insurance plan.

Key Features of the Best Travel Insurance Plans

·         Medical expenses - Offers coverage for any surgical or emergency medical treatment when you are away from home
·         Curtailment - Offers coverage for any trip that is shortened or cancelled due to a valid reason. This feature helps you to save a lot of money on cancellation of flights or hotel accommodation
·         Personal liability cover - Offers coverage if you damage some one's property or are liable for bodily injuries due to an accident
·         Loss of passport - Offers coverage towards expenses for replacing the original passport if robbed during your travel
·         Terrorism - Offers coverage for your medical and insured losses during an act of terrorism while your visit overseas
·         Repatriation of remains - Offers coverage for expenses to take the insured's mortals or human remains back to the home country

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