Skip to main content

Advantages Of Buying A Travel Insurance Policy Before You Go On A Trip




Travelling to unknown destinations, especially abroad can come with a lot of unforeseen circumstances. It is always beneficial to stay protected against such scenarios before setting out. Availing a Travel Insurance policy from reputed NBFCs like Bajaj Finserv is one of the wisest steps that you can take before planning a trip.

The various advantages that such schemes offer are -

1. Medical emergencies

If you are suffering from existing disease, you should avail a travel insurance before you plan a trip. It will cover costs that you may require to avail the treatment. Also, if you fall ill unexpectedly during a trip, such policies will cover all your related expenses.

2. Trip cancellation

Several circumstances may arise when you are required to cancel your trip. You can incur a substantial loss as you will be required to cancel your travel bookings, including hotels and flights. An insurance plan can help you in such scenarios as you will be entitled to avail coverage on cancelling travel bookings midway or before the start of a trip.

3. Bounced hotel bookings

There may be instances when a hotel cancels your booking due to high demand. You might be required to book another hotel at the last minute at far higher prices. Such expenses can induce financial constraints as they are not calculated within the trip budget. A travel insurance scheme comes handy in such situations. You will receive coverage against cancelled hotel bookings.

4. Roadside assistance

Your trips may also include hiring a car for local sightseeing. There can be a plethora of hassles that can arise during such circumstances like break down of your vehicle in a remote location. You can easily avoid such instances by opting for an insurance policy. You can receive roadside assistance at over 500 locations across India with such policies.

Travel insurance schemes are highly beneficial for regular travellers. Also, they offer financial assistance if you are stranded while on a trip.

Read Also: Advantages of Booking Travel Insurance in Advance

Comments

Popular posts from this blog

Quick Guide For Zero Depreciation In Car Insurance

Some parts of your car face wear-and-tear faster than the others and these parts are often referred to as depreciated parts. Once you file for an insurance claim, the insurance company deducts a value equal to the depreciated value of all such parts and does not settle your claim in full. The parts that are made up of rubber, plastic, fiber, etc. fall in this category. If you want to avoid this deduction from the final claim amount, you can avail of a zero depreciation car insurance cover. It is also known as nil depreciation cover as it nullifies the deduction from the claim amount due to the deprecated components of your vehicle. The benefits of a zero depreciation car insurance policy are stated below: Comes at a reasonable price  If you have already purchased a comprehensive car insurance policy, you can avail of a zero depreciation car insurance cover at a nominal price. It is because it is an add-on insurance policy that only enhances your claim amount to reduce the part of the

Necessary Information On Hospital Cash Insurance Plan

Medical treatments these days are a matter of the huge amount of money. And if you need quality treatment facility from the super-specialty hospitals and clinics you need a medical insurance plan for you and your family. If you are planning for the medical insurance plan with hospital cash cover , then be sure to consult with the best insurance plan provider.  Let us discuss in details. Financial companies such as reputed NBFC Bajaj Finserv and other insurance companies have their own health insurance policies that range from smaller amounts of bigger amounts. All these medical policies fall under the pocket insurance policy scheme. It gives clients the facility to get benefits with minimum investments. The procedure is quick and does not require lengthy documentation. You can get a higher amount of money with such hospital cash insurance to continue medical treatments even for critical patients. Just make sure you read the policy details clearly before you in

Stay Protected on the Road- Understanding the Importance of acko car insurance

  Having a car insurance policy is essential for every car owner. It not only provides financial protection in case of any damage or loss but also ensures a safer driving experience. Acko is one of the leading car insurance providers in India, offering a wide range of insurance plans to suit the needs of all car owners. In this article, we will be discussing the importance of Acko car insurance in India and how it helps to stay protected on the road. We will also look at the various benefits and features of Acko car insurance policies that make them an ideal choice for car owners. Understanding the Importance of Acko new car insurance in India As the number of vehicles on Indian roads increases, so does the number of accidents and other related incidents. Traffic jams, road rage, and bad driving habits are some of the major causes of accidents. It is important for drivers to stay safe on the road, and to do so, they must have a car insurance policy. Acko new car insurance is one of