TRAVEL INSURANCE
Travel Insurance
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.
Whether you’re traveling for business, leisure, or studies, the last thing you want is any worry making the experience any less than amazing. This is where travel insurance comes in to take care of the worries so you can enjoy the whole trip, from the flight to stay, carefree.
At Innovative Insurance, journey is as important as the destination.
Make sure you follow these 6 tips to fully enjoy the trip
1) Always count your bags
2) Collect all your documents
3) Get travel insurance
4) Keep your money safe
5) Make a budget
6) Make your plans in advance
Imagine this scenario:
You have left behind the office stress and are finally setting off on the perfect vacation. The weather is fine and your flight is on time. But then your baggage goes missing. Worse still, all your travellers’ cheques were in your suitcase.
That is certainly a nightmare. It is why a travel insurance policy is important. You could be on a domestic or an international holiday. A travel plan will ensure nothing spoils your perfect vacation.
Here are five reasons travel insurance is important for every holiday-goer:
Loss of passport, baggage, or documents:
This is probably the worst situation you can imagine while travelling. But if you have a travel insurance, you have help at hand. In case of a lost passport, your insurance will reimburse the cost of acquiring a duplicate or a new one. In case of missing belongings, you will be compensated for your loss up to an approved sum; while if your baggage gets delayed, you will be reimbursed for the personal effects that you might have to buy for the meanwhile. This can be a huge help as you wait for your baggage to turn up.
Health problems:
No one wants to fall ill while on vacation. But medical complications or a serious bodily injury could arise at any time. That is why travel insurance is important. It will ensure you get the necessary medical attention in case of an emergency be it to take you to an hospital or have a close family member flown to you if you are a student. This also includes dental treatment because it’s quite understand that when you’re in a new place, stopping yourself from going on the sweets can be a little difficult. Your travel insurance will take care of other related expenses as well. You may also avail cashless hospitalisation with travel insurance.
Flight cancellation or delay:
This is a common glitch nowadays. It could be airline’s fault, a natural hazard, or a personal problem. In all the cases, you will be either reimbursed or refunded a certain amount as per the policy schedule. In case illness at the eleventh hour or a sudden death in the family can affect your plans. Suppose you need to cancel your travel plans. What happens to the money you spent on the air ticket and hotel bookings? It does not get wasted. Your insurance will reimburse you the unused hotel cost and travel tickets. In case of a delayed flight, your travel policy will cover additional expenses. This may include an unplanned night stay at a hotel and food, among other things.
Emergency medical evacuation:
If a medical condition requires you to be transported from the scene of incidence to the nearest hospital, you don’t have to worry about the expenses. If you are already admitted in a hospital and need to be taken back to your country for further medical help or to be with your loved ones, your travel insurance will take care of that too.
Fraudulent charges:
Imagine losing your credit/debit card while you are on a vacation and you start getting texts that someone is using it. Scary, right? Not only are you losing your money but you are losing money in a place where you might not even find help easily. But with travel insurance, that would not be a problem. Your policy will refund you for the money lost through stolen payment cards for up to 12 hours prior to your first reporting of the incident.
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
No Medical Check-up – There are multiple insurers which do not ask for a medical check-up before purchasing a travel insurance plan
Cashless Hospitalization – With travel insurance, you can easily avail cashless treatment at network hospitals across the globe
The right life insurance coverage for each and every one of our customers in India is unique. Talk with the Innovative Insurance team today to find out how to cheer your vacation with the right travel insurance Policy.
There is every General Insurance Company provide this insurance, you may contact us for hassle-free services and a free quote.
If you want to read more about travel insurance:-
Some useful links:-
Frequently Asked Questions
Q. Why should I buy travel insurance?
Ans: To obtain a visa for some countries, overseas travel insurance is compulsory. Even where it is not, it is prudent to obtain a travel insurance policy when you are travelling on business or holiday or for education, research etc as medical treatment costs in many countries are much higher than what they are in India and are unaffordable.
Q. Can I extend the period of my travel insurance?
Ans: You must check with your insurer regarding this as it would depend on the policy. Read your policy document and understand what it provides. Most policies, especially overseas travel insurance policies have a provision for one or even two extensions.
Q. Is there a minimum duration of period for purchase of travel insurance?
Ans: Generally there will be a minimum stipulated period. Normally pricing of the policy goes by the “trip band” i.e., the number of days of travel involved and there would be a minimum trip band.
Q. Is a medical check -up required to purchase a travel insurance policy?
Ans: You must check up with the insurer and/or the agent or broker about medical tests required and reports that are required to be submitted along with the duly filled in proposal form. Check up about the validity period of such reports as well—normally reports within three to four weeks prior to departure are required.
Q. Who is a Third Party Administrator?
Ans: A Third Party Administrator is one who offers claims services on behalf of the insurer. In most cases, they offer cashless facility. You must confirm details from your insurer before you travel. Ensure that your policy document has all the contact details and other relevant information related to the services offered by the Third Party Administrator.
Q. Can I get a refund under my policy if I cut short my travel?
Ans: In case your travel doesn’t take off and you show proof of the same, policies would normally provide for premium refund subject to deductions towards administrative costs. Where travel is cut short, policies may or may not allow refund subject to certain conditions. You must read your document and understand whether there is such a provision and if so, how it operates.
CUSTOMER FEEDBACK
“My first experience with Innovative Insurance was an absolute delight. It’s just a travel insurance, but their positive response and effective actions changed my opinion of the entire insurance segment. Hope they keep it up!“
Satinder Singh, Delhi
“Their prompt replies, seriousness about policy deliveries and commitment to their job are just some factors that make Innovative Insurance shine through. But their complete transparency in their calls clearly is the icing on the cake! Thank you!”
Melroy Desylva, Tour Escort, Delhi