Four Reasons Why You Need Travel Insurance in India

Tourism in India contributes to 9.2% of its total GDP, proving the popularity of travelling among the masses. However, travelling comes with an associated set of risks and problems if proper precaution is not taken beforehand. This might put a dent in the holiday mood, as people have to remain on-guard during such tours. You can buy travel insurance to reduce this burden since assistance is provided in case of most unforeseen situations.

Various unfortunate incidents can occur during times of travel when travel insurance can come in handy.

1. Injury/accident

Physical wounds can occur at any time during travel. The chances of suffering any bodily damage are higher when you go on a trekking holiday, or places with immense snow, increasing your chances of slipping.

In the event of such an incident, travel insurance covers all hospitalisation expenses, and emergency evacuation costs (if required).

2. Loss of baggage

Losing valuable belongings on vacation can be a significant cause of panic, especially if accommodation documents were stored in the bag. If you buy travel insurance, you gain coverage for all expensive products inside your luggage, as well as assistance for generating duplicate documents such as passports.

3. Cancellation of flights

In case of delayed or cancelled flights, you are entitled to refund/compensation for the same. Additionally, you can also get financial assistance for accommodation requirements.

4. Third-party coverage

In case of bodily harm to any third party during a trip for any fault of yours, the cost of the same is borne by the concerned financial institution.

Availing travel insurance reduces the mental strain on people during any trips, allowing them to enjoy their vacation stress-free. The comprehensive benefits of travel insurance can be availed by all kinds of individuals, from students to senior citizens, tailor-made to fulfil multifarious needs.

Read Also: Why Do You Need Travel Insurance While Travelling In India?

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