You must have heard about Travel Insurance
many a times but do you know what exactly does it cover? Consider a scenario where you have spent a lot of money booking a vacation and finally just at the last moment, your trip is cancelled, you can very well imagine the financial loss involved in such cases, here is where your travel insurance steps in to your rescue. Hence it is a very intelligent move to get yourself the right travel insurance primarily because it is not too expensive and protects you from following risks and uncertainties:
•Overseas Medical expenses
•Accidental death, injury or disablement benefit
•Trip Cancellation Expenses
•Loss of Passport
Travel insurance has become an integral part of any trip, searching for the right travel insurance online and buying it for protection has become a trend nowadays. Depending upon the need of the traveler, insurance company offers different travel insurance plans. Major types of travel insurance plans are mentioned below:
•Single Trip Insurance: This plan is meant for occasional travelers and covers the trip for a maximum period of six months. It covers you against medical expenses, emergency evacuation/repatriation, accidental death, injury or disablement benefit, trip cancellation, delayed departure, delayed baggage etc.
•Multi Trip Insurance: This plan usually lasts for a year and allows you to travel to different locations within the specified period. It covers you against emergency evacuation/repatriation, accidental death, medical expenses, trip cancellation, delayed departure, baggage delay and baggage loss etc.
•Student Travel Insurance: This plan is only meant for students who go abroad to pursue their professional courses. This plan covers the student for the entire period of their education. It covers the financial and medical expenses.
Now based on your need, you can choose the best travel insurance plan and make your trip safe and secure. You can purchase the overseas travel insurance online. You are required to fill an online application and provide details that will be used to issue the Policy
document. Online buying of travel insurance saves your time, energy and money. However, it is advisable to compare travel insurance rates so that you get an idea of what the current prices of this type of insurance are and do not end up paying more.
Following prerequisites may be kept in mind before buying travel insurance:
•Consider the destination: It is important to consider your place of visit, analyze the degree of danger and availability of medical facility. It is always recommended to check if your overseas Health Insurance
will fully protect you in a place where medical treatment is limited.
•Consider the activities: It is very crucial to take into account the type of activities you are planning to pick up in your place of visit. If you fail to disclose this information before getting the travel insurance online, you stand a chance of getting rejected when you go for a Claim
connected to any Accident
that might occur during your chosen activity.
•Consider the limits: Every travel insurance policy has its own limits and own specifications of “excess” and “exclusions”. Go through the fine prints mentioned in the policy carefully.
•Consider a 24/7 hotline customer service: 24/7 customer service assists you in case of any query or inconvenience during your trip. Most importantly at the time of any emergency, you can approach the customer care and take the advice.
You can compare travel insurances
to find out which one gives you the best offer with the above mentioned points in mind. Instead of going around from shop to shop finding the best deal you can access companies that provide travel insurance online, it is a one stop shop for you and you can compare various quotes instantly.