Travelling is always an experience, be it business travelling or leisure travelling. It creates memories for a lifetime and you look forward to more holidays and successful business trips, in and around the country.
But, as any other event of life, there are risks involved with travel too. There are possibilities of unforeseen circumstances involved with travel, especially when you are in foreign lands and using public facilities.
Such unforeseen circumstances and the effects are covered under Travel Insurance. It is an insurance product specifically designed to cover the costs and losses of unexpected events encountered while travelling. This insurance is usually meant to reduce the risk and damages incurred during unfortunate incidents associated with travel. The basic purpose of travel insurance is to cover trip cancellation, lost luggage, flight accidents, travel injuries and sometimes other medical expenses faced while travelling.
A travel insurance is must for people travelling domestically or internationally, to safeguard any unwanted expenditure and losses during the travel, to make travel a pleasant and happy experience, each time.
Whether you are an avid traveller or once in a while trip is your choice, a travel insurance is a must to cover all the unforeseen events you may encounter while travelling to other cities or countries.
While the travel insurance cover may vary from company to company and plan to plan, there are some common features associated with travel insurance that bring some major advantages.
The major feature of a regular travel insurance is that it provides a cover against usual flight related issues such as flight cancellations ad flight delays. The advantage you get is, while travelling to other countries, you are provided with accommodation and meals for the waiting period.
This feature is very important to cover the medical conditions or accidents you may face while travelling. Your travel insurance comes in handy to compensate against all the medical treatment, hospitalisation, and ambulance fee costs. Instantaneous teeth surgeries or required dental treatments are also covered in travel insurance. You get the advantage of immediate medical attention even in foreign lands, without having to worry about cash, where you may feel stranded otherwise.
While travelling it is a usual fear to lose baggage or other valuables including important documents, in transit. Therefore, the travel insurance offers a very important feature of cover against loss of baggage as well as passport. You get the advantage of necessary basics being offered in case of baggage loss, and immediate assistance in case you lose your passport.
Another important feature of a travel insurance is the cover against accidental injuries or accidental death. While travelling the insurer encounters an unfortunate accident situation and suffer injuries, or God forbidden the insurer dies during the travel, there is a certain sum assured paid to cover for medical expenses or death. This is an advantage equal to a life cover while travelling.
This feature helps you to cancel the trip in emergency situations, such as critical medical condition of a family member, without facing too many losses of bookings done. Such last minute cancellations are taken care of by your travel insurance and you get the advantage of not having to worry about travel expenses getting waste in emergent situations.
Another important feature to cover you against unwanted losses while you are away from home. A theft or burglary is covered under travel insurance, if it happens while you are travelling. There are chances of such mishaps, especially when the house is left unattended. Therefore, it becomes important to avail a cover against it, and the advantage is that you travel free minded with the thought that your valuables back home are secured.
If you are planning to travel soon, you must cover yourself with an adequate travel insurance. Compare and find the best travel insurance here at easypolicy.com
The basic benefits of a regular travel insurance must be known to you, so that you know what all is covered in your travel insurance policy.
Here is a quick list of all the benefits of travel insurance:
Always remember these benefits while buying your travel insurance at easypolicy.com. Also, do not forget to carefully read through the policy terms and conditions, to get all possible information on your travel coverage.
Travel insurance takes care of inevitable flight cancellations and the expenses incurred. For example; you are travelling from New York to your home country with your family. You land at a foreign airport for connecting flight. But, the next flight is delayed or cancelled. In such case, your travel insurance will come in handy to assist you with finding & booking new flights and reaching back home safely.
Travel insurance takes care of your baggage losses, and damages thus incurred. For example; you are travelling to another city with your expensive medication and your hand baggage is lost with your medicine in it. Here, you can always call your travel insurance to help you locate your bag and also, to get the necessary medication arranged for you.
Travel insurance helps to arrange for emergency travel documents and cash. For example; you arrive in London, and as soon as you step out of airport, your passport, along with your wallet is stolen. Your travel insurance will arrange for necessary cash and emergency travel documents to travel back to country.
Travel insurance is important if you meet with an accident or face a critical medical situation in another city or country. For example; you were travelling to a remote city in Rajasthan, you fall critically ill or are badly injured and adequate medical help is not available. Your travel insurance will help you arrange for a medical evacuation.
Travel insurance proves to be very important in case of emergency trip cancellations. For example; you are leaving for a holiday to Mauritius and suddenly your child gets too sick to travel. Your travel insurance is there to save money on non-refundable trip deposits and pre-payments on tickets.
Travel insurance is particularly important when it comes to luggage safety. For example; you arrive in Bhutan but your luggage is lost in transit. Now, your travel insurance company will be responsible to locate it, arrange for cash and covered necessities in the foreign country, and to reimburse the loss of contents if it is stolen.
Travel insurance is crucial to cover you if the airlines, cruise line or the tour operator goes bankrupt. For example; your are on a month long business trip to Australia, where all the expenses are already paid to the tour manager company. The tour company files for bankruptcy in this duration and refuses to pay for further travel. Your travel insurance will save you from getting stranded in an alien land and get you safe back home.
Travel insurance is certainly important if you need emergency evacuation from a country or city facing terrorist attacks or other natural calamities. For example; you were in Gujarat for holiday and sudden communal riots broke. You can always call your travel insurance to arrange for immediate evacuation and help you reach home safe.
These examples will bring you a lot of clarity on why an adequate travel insurance so important for you. Now, it is the time to buy your travel insurance right now at easypolicy.com, and make your next business or holiday travel safe and secured.
As much as travel is necessary in current demanding times, be it for business or leisure, so is travel insurance, to keep those trips secure and tension free! It is true that you may not even use that travel insurance for most of your trips, but, unforeseen events or disasters won't give a notice before they strike.Therefore, a good travel insurance is always your best companion when you venture into foreign lands or unknown territories. But, how to choose the best travel insurance?
Do not go by what your travel agent is offering you with your trip. This may be just a basic policy at extra cost.
Considering the destination you are traveling to, choose the sum assured for medical cover. Some countries may have expensive hospitalization, where your travel insurance hospitalization cover can come in handy. But if you are traveling to a country that offers cheaper medical assistance, you may go for a lower sum assured at lower premium.
If you travel rarely, only for holidays, you have to choose the travel insurance which can cover you for the duration of your trip. Longer the trip, higher the premium for your travel insurance.
But if you are a frequent traveler, opt for annual multi-trip policies which can save you a lot of money. Multi-trip policies are usually valid for one year and they cover multi trips abroad, in that duration. Each trip covered can be 30-45 days and such policies are convenient to buy as you are not required to submit documents a multiple times.
If you holiday or business trip include some adventure activities such as trekking, skiing, water sports, buy a special cover at extra cost, because a regular travel insurance policy will not cover risks involved with such activities.
If you are 65 plus, and travelling, then you must look for senior citizen travel insurance plans. These plans offer covers for pre-existing illnesses in some special situations, higher sum assured, accidental death or disability.
Make sure you know about and buy a "bail-bond" travel insurance, if your traveling job revolves around legal involvement and you need to travel more than one country in one single trip.
Lastly, always compare various insurers' various travel insurance plans before choosing the best that serves your requirements. Analyze insurer's insurance offerings, online services, claim processes, claim settlements etc. and then go for the best that fits your travel plans.
Make sure you keep these tips in mind every time you need to travel and buy a travel insurance.
While travelling, if you have an adequate travel insurance policy, you are always at ease, thinking that everything will be taken care of, in case anything goes wrong during the travel, by your travel insurance.
Here is a list of all documents you need to produce along with a claim form, in each situation where you need to claim your travel insurance.
Medical, Hospitalisation, Accident or Sickness Claims While Travelling Outside India
Compassionate Visit Claim
(When you are seeking reimbursement for a relative's ticket visiting you when you are hospitalised)
We must tell you that these are general lists based on regular claim requirements. Your insurer may ask you for any additional documents, for complete satisfaction before settling your claim.
Easypolicy is your #1 insurance advisor when it comes to making a choice between various travel insurance plans from number of insurance companies. Do not get confused!
Easypolicy, your one stop insurance comparison engine is here to help you at every step, while you choose the best suited travel insurance policy. Let's get it started NOW!