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Why do you Need a Travel Insurance?



A travel insurance plan helps you tackle expenses incurred due to any unforeseen event during your trip. Given below are some of the benefits offered by such plans.

1. Insurance policies suitable for various requirements

Under a travel insurance plan, you can avail several types of insurance policies to financially protect you. These include –
  • Overseas travel insurance
  • Student travel insurance
  • Family travel insurance
  • Domestic travel insurance
  • Medical travel insurance
  • Senior citizen’s travel insurance
  • Group travel insurance

Other than the ones mentioned above above, you also get to avail personal trip cover, trek cover, insurance policy for pilgrimage, road trip, adventure sport, trekking, etc. under the umbrella of travel insurance policies.

2. Comprehensive coverage

You can claim financial coverage for various instances, such as:
  • Travel and stays

For any financial loss due to delay or cancellation of flight, lodging, change of route, issues with guest houses, medical emergencies, etc. you can claim reimbursements if you are insured with a travel insurance plan.
  • Loss of baggage

Such plans offer you financial assistance for monetary losses due to loss of baggage or theft. Under this coverage, you also get card blocking assistance with which you can block your credit or debit card via a single call to your NBFC.  Besides, you can also claim compensation to pay for the charges required to reissue your passport or PAN card if lost during your trip.
  • Medical urgencies

Under the single umbrella of travel insurance plans, you can claim coverage to manage expenses required for hospitalisation and other medical expenses such as consultation fees, diagnostic tests, medicines, transportation cost, etc.
Furthermore, such travel insurance plan also provides financial protection against any damage or loss incurred (including physical injury) due to terrorism during your travel.

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

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